AREVA And Day & Zimmermann Announce Joint Venture To Support U.S. Nuclear Power Plant Fleet

AREVA and Day & Zimmermann have formed a joint venture to offer comprehensive engineering, construction and maintenance services to the nuclear utilities sector in the United States. The integrated, end-to-end solutions will primarily focus on the Balance of Plant (BOP), implementing both major and minor nuclear plant modifications.

The joint venture will operate as AREVA DZ LLC, with AREVA's Gary Mignogna serving as President and Day & Zimmermann's Mike McMahon as Executive Vice President. AREVA DZ services include design/build BOP projects, standard plant modifications, BOP major component replacements, decommissioning, power uprates, plant upgrades, and other large and complex projects.

"AREVA is joining forces with one of our industry's strongest and most respected plant maintenance and construction providers," said Mignogna, AREVA NP Inc. Vice President. "We have many of the same customers, and this joint venture is a natural fit. Our cultures are similar, and we share a commitment to delivering safety, quality and performance to the nuclear energy industry. Our customers will certainly benefit from this joint venture."

"Maintaining and improving the efficiency of a nuclear power plant's secondary steam supply system is vital to the safety and performance of the plant," said Mike McMahon, President of Day & Zimmermann's Power Services Group. "We have seen AREVA up close in the field, and we know they have significant resources and capability to deliver whatever our customers may need. We are excited about the possibilities the synergies of our two companies bring to the table."

AREVA DZ will offer a Solutions-Based Approach to plant modifications, focused on providing client certainty and single point accountability for Total Project cost and schedule. Project management will team with plant staff to identify areas of improvement and create innovative solutions. The objective is to create a cooperative environment that will result in meeting or exceeding a plant's safety, quality and performance goals. The company will be headquartered in Philadelphia, with principal offices in Lynchburg, Va., Lancaster, Pa., and Charlotte, N.C.

About AREVA DZ LLC
AREVA DZ LLC is a joint venture that combines the world-class capabilities of AREVA and Day & Zimmermann to offer comprehensive engineering, construction and maintenance services to the U.S. nuclear utilities sector. AREVA and Day & Zimmermann have a longstanding successful history working together in complex nuclear plant projects. This innovative JV provides the framework to further both companies commitment to providing integrated end-to-end solutions to the nuclear industry. The company is headquartered in Philadelphia, Pa., with principle offices in Lynchburg, Va., Lancaster, Pa., and Charlotte, N.C.

SOURCE: Day & Zimmerman