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Holtec International

Company Summary

Description

Holtec International is a privately held energy technology company with operation centers in Florida, New Jersey, Ohio and Pennsylvania in the US, and globally in Brazil, Dubai, India, South Africa, Spain, UK and Ukraine. Holtec's principal business concentration is in the nuclear power industry. Holtec has played a preeminent role since the 1980s by densifying wet storage in nuclear plants' spent fuel pools deferring the need for and expense of alternative measures by as much as two decades at over 110 reactor units in the US and abroad. Dry storage and transport of nuclear fuel is another area in which Holtec is recognized as the foremost innovator and industry leader with a dominant market share and an active market presence in eighteen countries. Among the Company's pioneering endeavors are the world's first below-ground Consolidated Interim Storage Facility being developed in New Mexico and a 160-Megawatt walk away safe small modular reactor, SMR-160. The SMR-160 is developed to bring cost competitive carbon-free energy to all corners of the earth including water-challenged regions. Holtec is also a major supplier of special-purpose pressure vessels and critical-service heat exchange equipment such as air-cooled condensers, steam generators, feedwater heaters, and water-cooled condensers. Virtually all products produced by the Company are built in its three large manufacturing plants in the US and one in India. Thanks to a solid record of consistent profitability and steady growth since its founding in 1986, Holtec has no history of any long-term debt and enjoys a platinum credit rating from the financial markets. Nearly 100 US and international patents protect the Company's intellectual property from predation by its global competitors and lend predictable stability to its business base. To learn more about Holtec International, visit: www.holtecinternational.com

Website

https://holtecinternational.com/

Recent news

  • 8/27/2019 - Entergy Completes Sale... (subscriber access)
  • 8/23/2019 - NRC Approves Pilgrim... (subscriber access)
  • 9/17/2018 - Oyster Creek Generating... (subscriber access)
  • 8/1/2018 - Entergy Selling Pilgrim... (subscriber access)

Company Transactions

Date: 12/31/2020
Type: Acquisition

NOTES:
Entergy Corp. has entered into a deal with Holtec International to sale the Pilgrim Nuclear Power Station and the Palisades Power Plant after their planned shutdowns and defuelings
REGIONS:
  • Northeast
  • Midwest