USEC Could Furlough Employees if U.S. Government Shutdown Persists

Reuters reported that USEC, a supplier of enriched uranium for nuclear power plants, might have to furlough some employees if the US government shutdown extends beyond October 15.

According the the report:

USEC, a supplier of enriched uranium for commercial nuclear power plants, needs about $48 million to complete the $350-million American Centrifuge project in Ohio, which is 80 percent funded by the U.S. Department of Energy (DOE).

Speaking to Reuters was Paul Jacobson, VP of corporate communications who said:

The money that would allow us to carry on for the next two weeks is the fiscal year 2013 funds that we have been able to carry over.