AREVA’s Expanded Operations in Maryland Contribute to Global Performance

CHARLOTTE, N.C., April 29, 2013 — Transnuclear Inc., an AREVA company located in Columbia, Md., has significantly contributed to the company’s ACTION 2016 strategic performance plan by expanding operational leadership to meet the nuclear energy industry’s growing need for safe and innovative used fuel storage solutions. Since 2010, the company has hired 81 new employees for its Columbia, Md.-based office, and recently added three management positions to its growing professional team. These additions have enabled Transnuclear to better serve customers with innovative and forward-looking solutions and quality assurance initiatives while contributing to the company’s long-term financial objectives.

“AREVA, through our subsidiary Transnuclear, has partnered with the Columbia community to build relationships and increase staffing to meet our business needs,” said Mike Rencheck, President and CEO, AREVA Inc. “Maryland is home to a robust energy economy that we are proud to be a part of through our technologies, community presence, commercial engagements and policy advocacy activities to support broader prosperity in the state.”

More than 20 percent of the hires since 2010 have been new college graduates from science, technology, engineering and math (STEM) disciplines. These highly skilled and technical backgrounds are critical for the next generation of industry leaders to drive the nuclear industry forward. An additional five percent of new hires have self-identified as military veterans. Transnuclear anticipates the potential for additional recruitment of STEM-skilled employees, including engineers, Project Managers and Quality Engineers, in 2013.

Transnuclear’s recent management hires include three highly experienced veterans of the nuclear industry: Mike Beal, Tim Kindelberger and Marc Nichol.

“We are very excited to have Mike, Tim and Marc join our team,” said Mike McMahon, President and CEO of Transnuclear, Inc. “Their experience and leadership in the nuclear industry will support Transnuclear’s mission to provide our utility customers with the most proven technologies available for safe and cost-efficient used fuel storage and transportation.”

• Mike Beal will serve as the Business Development Manager for the Reactors and Services and Front End Business Lines of Transnuclear, Inc. Mike has more than 18 years of experience in the nuclear industry and has held account management positions with Canberra, serving nuclear power plants, Department of Defense facilities and Department of Homeland Security customers throughout North and South America.
• Tim Kindelberger will serve as the Quality Assurance Director for Transnuclear, Inc. Tim has 30 years of nuclear power industry experience including Quality Assurance (QA) Program management. He has held positions with Entergy Corporation and Day & Zimmerman NPS, and previous roles included oversight of QA programs at nuclear power generation facilities. He has handled oversight of fabrication, installation and maintenance activities and has performed audits and self-assessments of Quality Assurance; Safety; Unescorted Access Authorization programs, and Outage Readiness processes.
• Marc Nichol will serve as Business Development Director for the Back End Business Line of Transnuclear, Inc. Marc has more than 12 years of experience in the nuclear industry. Prior to joining the Transnuclear team, he was a Senior Project Manager with the Nuclear Energy Institute where he helped to establish industry positions on regulatory issues related to the storage and transportation of used fuel. He has also held positions at Toshiba America Nuclear Energy Corporation and Toshiba Corporation and several engineering and management positions with Duke Energy, and worked with TRW on the DOE’s Yucca Mountain Project.