Georgia-based NAC International, a provider of nuclear fuel services and products, said this week it has bought Niagara Energy Products, which will become a Canadian subsidiary of NAC.
Niagara Energy Products, based in Niagara Falls, Ontario, Canada, supplies nuclear containers and pressure boundary components for the nuclear energy, defense, natural resource extraction industries and Industrial markets in North America and elsewhere, NAC said in a press release.
Among Niagara’s clients include Canadian electric utilities that use CANDU reactors to produce power, according to the release.
“The Canadian nuclear market is extremely important to NAC,” said NAC President and CEO Kent Cole. “This acquisition positions us to serve this growing market through a world-class nuclear manufacturing center.”
Since 1968, NAC has provided technology and services to the nuclear industry internationally, according to the release. NAC is a subsidiary of Hitachi Zosen Corporation, an international provider of environmental systems and industrial plants.
