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NuScale Selects U.S. Company for Design & Manufacturing of Key Power Plant Component

November 19, 2018

PORTLAND, Ore.--(BUSINESS WIRE)--Nov 19, 2018--Today, NuScale Power announced that it has selected Minnesota-based PaR Systems, LLC to begin engineering work for the manufacturing of its Reactor Building Crane (RBC), an important element of NuScale’s innovative nuclear plant design. The decision follows an intensive selection process involving several major U.S. nuclear crane suppliers. NuScale selected the best company to partner with for developing technology capable of producing the precision movements necessary to meet NuScale’s design requirements.

The RBC is a key component of the NuScale reactor building that houses the NuScale Power Modules™. PaR Systems will perform the design, engineering and subsequent precision movement testing for NuScale’s RBC. This announcement continues to demonstrate NuScale’s preparation for its first operational plant in Idaho by the mid-2020s.

“When making this important decision, NuScale knew it was necessary to find both an experienced nuclear crane supplier and a true industry leader in remote handling of critical equipment,” said Dale Atkinson, Chief Operating Officer and Chief Nuclear Officer. “That’s why we’re pleased to begin work with the experts at PaR Systems, who have over 57 years of experience in the field.”

PaR Systems will start work in 2018 and is expected to continue the first phase of design work through 2019. NuScale intends to contract for the remaining design phases, initial design and design for manufacturing in 2019 and fabrication at a later date. PaR Systems is a leading supplier of material handling systems to both the U.S. government and commercial nuclear power industry. PaR’s headquarters and primary design team are located in Shoreview, MN, and has manufacturing capabilities in both Minnesota and Brunswick, GA.

“As an American company, we’re proud to support NuScale’s historic efforts to introduce the first U.S. SMR power plant,” said Jon Sakry, President for PaR Handling Solutions. “PaR Systems is a sophisticated robotic automation company that knows how to build nuclear cranes. We look forward to combining our decades of experience with NuScale’s nuclear expertise to engineer a crane that matches the rigorous needs of NuScale’s technology.”

NuScale’s technology is the world’s first and only SMR to undergo design certification review by the U.S. Nuclear Regulatory Commission, and is scheduled to complete its review of NuScale’s design certification application in September 2020.

About NuScale Power

NuScale Power is developing a new modular light water reactor nuclear power plant to supply energy for electrical generation and process heat applications including district heating and desalination. This groundbreaking small modular reactor (SMR) design features a fully factory-fabricated NuScale Power Module™ capable of generating 60 MW of electricity using a safer, smaller, and scalable version of pressurized water reactor technology. NuScale’s scalable design – a power plant can house up to 12 individual power modules – offers the benefits of carbon-free energy and reduces the financial commitments associated with gigawatt-sized nuclear facilities. The majority investor in NuScale is Fluor Corporation, a global engineering, procurement, and construction company with a 60-year history in commercial nuclear power.

NuScale is headquartered in Portland, Oregon and has offices in Corvallis, Ore.; Rockville, Md.; Charlotte, N.C.; Richland, Wash.; Arlington, Va.; and London, UK. Follow us on Twitter: @NuScale_Power, Facebook: NuScale Power, LLC, and Instagram: nuscale_power.

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About PaR Systems, LLC

PaR Systems, a portfolio company of the Pohlad family’s operating companies ( http://www.pohladcompanies.com/ ), is a world leader in providing advanced intelligent solutions for critical material handling, automation, and robotic applications that drive customer quality, safety, and productivity. Since 1961, PaR has created fully integrated systems, which are often first-of-a-kind manufacturing solutions, for a broad range of industries including aerospace, hazardous material/nuclear, life science and process automation, marine/defense, heavy material handling, and industrial. PaR Systems is headquartered in Minnesota, USA and has engineering and manufacturing centres of excellence around the globe. For more information on PaR Systems, please visit www.par.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181119005067/en/

CONTACT: Diane Hughes, NuScale Vice President, Marketing & Communications

dhughes@nuscalepower.com

(C) 503-270-9329

KEYWORD: UNITED STATES NORTH AMERICA MINNESOTA OREGON

INDUSTRY KEYWORD: ENERGY MANUFACTURING ENGINEERING NUCLEAR

SOURCE: NuScale Power

Copyright Business Wire 2018.

PUB: 11/19/2018 08:00 AM/DISC: 11/19/2018 08:01 AM

http://www.businesswire.com/news/home/20181119005067/en

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