Wyoming Secures $100 Million Award for Nuclear Fuel Plant in Gillette

Wyoming is taking a major step forward in energy innovation and economic development. Governor Mark Gordon announced that the state will award $100 million in matching funds to BWXT to build a TRISO nuclear fuel fabrication plant in Gillette. This project positions Wyoming to capture more of the domestic nuclear energy value chain and ensures the state remains competitive in a growing national market.

WY It Matters

Wyoming is already a leader in uranium production, supplying over half of America’s domestic market. The BWXT facility will move Wyoming beyond raw material extraction, producing nuclear fuel domestically for the first time in decades. This plant represents a significant milestone in energy independence, job creation, and high-tech manufacturing.

The project is projected to:

• Employ 200 new workers with average wages over $100,000, plus an additional 194 indirect jobs.

• Generate over $100 million annually in Gross State Product during the first 10 years.

• Boost local economic activity, with $106 million expected to flow to local contractors during construction.

This award is a strategic investment in Wyoming’s economic future. By capturing the value of nuclear fuel manufacturing in-state, Wyoming strengthens its energy sector, diversifies its economy, and provides high-paying jobs that support local communities. Businesses in construction, manufacturing, and professional services will see direct benefits from increased demand for local labor and services.

For the Wyoming Chamber of Commerce, this project reflects the type of forward-looking policy and investment that drives sustainable economic growth. It ensures Wyoming businesses remain competitive nationally, while also enhancing the state’s role in America’s energy security and innovation.

Bottom Line: BWXT’s TRISO nuclear fuel plant is a game-changer for Wyoming, creating jobs, attracting investment, and solidifying the state’s position as a leader in energy production and technology. The Wyoming Chamber fully supports this effort as a critical step toward economic growth, workforce development, and long-term prosperity.