The Shaw Group is expected to receive a contract to build modules for nuclear reactors in the United Kingdom. According to The Guardian, Shaw beat out Fluor as lead contractor for the nearly $17 billion contract. Westinghouse Electric has the deal to build four nuclear reactors across the U.K., Shaw owns a 20% stake of Westinghouse and the firms have partnered to build nuclear plants across the world. The deal could lead to a shift in jobs from the U.K. to the U.S., potentially to Lake Charles, where Shaw plans to build advanced modules for the next generation of nuclear power plants.
Shaw expected to get U.K. nuclear contract
Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.
