Holtec International

Holtec International
IndustryEnergy
Founded1986; 38 years ago (1986) in Mount Laurel, New Jersey, U.S.
FounderDr. Kris Singh
Headquarters
Jupiter, Florida
,
U.S.
Websiteholtecinternational.com

Holtec International is a supplier of equipment and systems for the energy industry.[1][2] Founded in Mount Laurel, New Jersey in 1986, Holtec International is a privately-held technology company with domestic operation centers in New Jersey, Florida, Ohio and Pennsylvania and worldwide in Brazil, India Japan, Mexico, Poland, South Africa, Spain, U.K. and Ukraine.[3] It specializes in the design and manufacture of parts for nuclear reactors. The company sells equipment to manage spent nuclear fuel from nuclear reactors.[4][5]

Holtec is the world leader in storage and transport casks used for spent nuclear fuel. It also specializes in Heat Transfer Equipment Equipment and Services, Decommissioning of Nuclear Power Facilities, Design and Engineering, Civil Construction, and other innovative technologies, including its SMR-300 and Green Boiler technologies. [6]

One other innovative project designed for the US nuclear power industry to safety store its used fuel is Holtec's HI-STORE Consolidated Interim Storage Facility (CISF).[7]

In July 2014, the New Jersey Economic Development Authority awarded Holtec International a $260 million tax incentive to expand operations at the Port of Camden.[8] Those breaks have come under scrutiny.[9][10][11]

  1. ^ DiStefano, Joseph N. (July 10, 2014). "NJ approves $260M in tax breaks for Holtec Camden factory". The Philadelphia Inquirer. Retrieved July 10, 2014.
  2. ^ "Holtec International - Nuclear Reactions". Industry Today. Retrieved 2019-07-14.
  3. ^ "Holtec International Corp - Company Profile and News". Bloomberg News. Archived from the original on 2021-11-05.
  4. ^ "Holtec International, Inc.: Private Company Information". www.Bloomberg.com. Retrieved June 12, 2019.
  5. ^ "Holtec International". Holtec International. Retrieved June 12, 2019.
  6. ^ "A Generation Ahead By Design". Holtec International. Retrieved 2024-01-08.
  7. ^ "HI-STORE CISF". Holtec International. Retrieved 2024-01-08.
  8. ^ Laday, Jason (July 10, 2014). "Paulsboro port construction, Camden's Holtec manufacturing plant boosted by $260M tax break". South Jersey Times. Retrieved June 12, 2019.
  9. ^ Schmidt, Susan (July 2, 2019). "N.J. congressman was strong defender of firm now facing questions over $260M in tax breaks". nj.com.
  10. ^ Schmidt, Susan (2019-07-02). "Meet the Congressman Defending Questionable Tax Breaks for a Company Connected to His Rich Brother". ProPublica. Retrieved 2019-07-03.
  11. ^ Sherman, Ted (July 9, 2019). "New questions about politically connected nuclear firm that received millions in N.J. tax incentives". nj.com.