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Home > Company Index > Utilities > Alternative Energy Sources > USEC Inc.

USEC Inc.
NYSE: USU
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 NEWS FROM THE WIRES
USEC posts lower 4th-quarter profits, sees Q1 loss
Aug 01 2001 02:31 PM PDT

More WIRE STORIES about this company

 PROFILE
USEC beats radioactive swords into enriched uranium plowshares. The company processes used uranium -- about half of which comes from old Russian atomic warheads -- for use in nuclear power plants. USEC (formerly United States Enrichment Corporation) was created in 1992 and was owned by the US government until a 1998 IPO. USEC supplies about 35% of the world's demand for enriched uranium, selling in 13 countries. The company, losing money on its US government-mandated Russian deal and facing falling prices for its products, has been cutting costs. It closed a processing plant in 2001.

 COMPETITION
British Nuclear Fuels plc (dossier)
CEA-Industrie (CEI)
COGEMA (dossier)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 1,489.40
1-Yr. Sales Growth: (2.6)%
Employees: 3,840
Revenue per employee: $387,864.58

 KEY PEOPLE
• William H. Timbers
    CEO
• Henry Z. Shelton
    CFO

 CONTACT INFO
Two Democracy Center,
Bethesda, MD 20817
US
Phone: 301-564-3200
Fax: 301-564-3211
Online: Web Site

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