April 24, 2026

Centrus chooses Geiger Brothers as construction contractor for Piketon expansion

By ExchangeMonitor

Centrus Energy said Monday it has selected Geiger Brothers as its construction contractor for the multi-billion expansion project for the Centrus uranium enrichment facility in Piketon, Ohio, a deal potentially worth $900 million.

According to a Centrus Securities and Exchange Commission Monday filing, the time-and-materials contract signed by the two companies runs through Jan. 30, 2031 and is worth up to $900 million.

As the construction contractor, Geiger Brothers will coordinate, manage and support the refurbishment of the existing facilities, installation of equipment and the construction of new infrastructure, according to the filing.

Fluor serves as the expansion project’s engineering, procurement and construction contractor, according to Centrus’ press release. Crews from Geiger Brothers will handle the on-the-ground construction work at the Department of Energy’s Portsmouth site in Piketon.

On Feb. 11, Centrus selected Fluor to serve as the project’s lead contractor.

Geiger Brothers brings more than a century of experience and a strong Ohio workforce to our project,” Centrus President and CEO Amir Vexler said. “Their deep expertise in complex industrial construction, including work across the energy and nuclear sectors, makes them an ideal partner as we scale up production capacity.”

The two companies teamed up once again after the Jackson, Ohio-based construction company worked as a construction partner for Centrus’s existing high-assay low-enriched uranium cascade and a previous low-enriched uranium demonstration cascade, which was completed in 2013, according to the release.

Bethesda, Md.-based Centrus announced plans for a multi-billion-dollar expansion of its Piketon uranium enrichment plant in September 2025 and began manufacturing centrifuges at its Oak Ridge, Tenn. facility for the expansion in December 2025.

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