Ontario Welcomes $80 Million Nuclear Manufacturing Investment in Cambridge
Ministry of Energy
2024-04-19 10:00:00

CAMBRIDGE – The Ontario government is welcoming a $80 million investment by BWX Technologies, Inc. (BWXT) to expand their Cambridge nuclear manufacturing plant. Their investment will create more than 250 new skilled, unionized jobs in Cambridge and support Ontario’s expansion of reliable, affordable and clean nuclear energy to power our growing economy.

“With shovels in the ground today on new nuclear generation, including the first small modular reactor in the G7, I’m so pleased to see global nuclear manufacturers like BWXT expanding their operations in Cambridge and hiring more Ontario workers,” said Todd Smith, Minister of Energy. “The benefits of Ontario’s nuclear industry reaches far beyond the stations at Darlington, Pickering and Bruce, and this $80 million investment shows how all communities can help meet Ontario’s growing demand for clean energy, while also securing local investments and creating even more good-paying jobs.”

This investment builds on BWXT’s existing operations in Ontario, which already employs 1200 people, and supports the ongoing operations of Ontario’s existing nuclear stations at Darlington, Bruce and Pickering. As Ontario takes a global leadership position on new nuclear technologies, including Ontario Power Generation’s Darlington New Nuclear Project for four small modular reactors and the first large-scale new nuclear build in a generation at the Bruce site, BWXT is expanding their operations and hiring more Ontario workers to be able to meet the growing demand here in Ontario, across Canada and beyond.

“Our expansion comes at a time when we’re supporting our customers in the successful execution of some of the largest clean nuclear energy projects in the world,” said John MacQuarrie, President of Commercial Operations at BWXT. “At the same time, the global nuclear industry is increasingly being called upon to mitigate the impacts of climate change and increase energy security and independence. By investing significantly in our Cambridge manufacturing facility, BWXT is further positioning our business to serve our customers to produce more safe, clean and reliable electricity in Canada and abroad.”

The province’s build-out of nuclear generation – supported by BWXT’s expanded facility - will provide families and industries with the reliable, low-cost, and clean energy needed to power the future, with growing electricity demands as a result of increasing electrification and strong economic growth in the province.