USEC may furlough workers if shutdown extends past Oct. 15

|By:, SA News Editor

USEC (USU +3.9%) says it has enough funds to run its American Centrifuge uranium enrichment project in Ohio for two more weeks and may have to furlough employees if the U.S. government shutdown extends beyond Oct. 15.

USEC needs ~$48M to complete the $350M project, which is majority funded by the Department of Energy.