New Report Highlights Nuclear Industry as a Major Economic Driver in the Southeastern U.S.

The report found that nuclear power plants within the five-state region have an estimated annual economic impact of $42.9 billion, which corresponds to 152,598 jobs and $13.7 billion in labor income.

Jeffrey Merrifield, the leader of Pillsbury’s Nuclear Energy practice, as well as the Chair of E4 Carolinas and co-chair of the Southeast Nuclear Advisory Council which developed the report, stated: “This report demonstrates two clear findings: the existing civilian nuclear industry provides a massive economic impact for the southeast region, and by supplying $3.7 billion in tax revenues, is a critical element in overall state and local finances.”

 “Additionally, with the largest nuclear workforce in the U.S., the southeastern United States, represented by the five states in the report, will be a vital supplier of jobs and technologies to enable the next generation of advanced nuclear energy technologies,” he added.

As such, the report concludes that the southeast is uniquely positioned to utilize emerging nuclear technologies and could well serve as a vital hub for the global nuclear industry.

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