Columbiana Hi Tech, an AREVA Company, Expands Professional Team

CHARLOTTE, N.C., May 3, 2013 — Columbiana Hi Tech (CHT), a nuclear manufacturer purchased by AREVA’s Transnuclear subsidiary, has recently expanded its engineering team to meet the growing needs of its customer base. CHT has added 14 employees to its growing presence in the Greensboro, N.C., area and expects to have more than 100 employees by mid-year, a 25 percent increase in full-time staff.

“We are expanding our professional team in order to meet the growing needs of Transnuclear, Inc., and to maintain our commitment to safety and quality for our entire base of loyal customers,” said Don Olson, President and COO of CHT.

CHT was acquired by Transnuclear, Inc. to strengthen Transnuclear's ability to meet the nuclear energy industry’s growing need for safe and innovative used fuel storage solutions. The acquisition has helped Transnuclear, Inc. respond to customers’ needs for highly competitive pricing, streamlined acquisition and delivery turnaround, and increased quality control. The transition of CHT to Transnuclear, Inc. ownership has enhanced AREVA’s strong growth in North Carolina and the Southeastern U.S. energy hub.

“North Carolina is home to a robust energy economy and we are pleased to be part of its energy landscape, bringing our technologies, community presence and commercial engagements to support prosperity in the state,” said Mike McMahon, President and CEO, Transnuclear, Inc. “Transnuclear, Inc. is partnering with the Greensboro community to build relationships and increase staffing to meet our business needs so we can safely and successfully support the nuclear industry.