Kyoto Fusioneering Chooses Right to Work Tennessee
Kyoto Fusioneering has chosen Right to Work Oak Ridge, Tennessee, as the perfect place for its new operations. This project will be covered by a $46.9 million investment and will also result in 51 new jobs in the area. So this is an exciting new development!
From Area Development Magazine:
“Relocating our U.S. headquarters to Oak Ridge was a strategic decision driven by our partnership with ORNL and the region’s rich nuclear innovation ecosystem. By anchoring our operations here, we are doing more than expanding KF—we are building the critical, commercial-scale testing infrastructure and robust supply chains that the entire fusion industry needs to scale. We are incredibly grateful for the welcoming business climate fostered by TNECD and the State of Tennessee, whose support makes this landmark investment possible.” […]
“This project brings together two of our top priorities: nuclear innovation and foreign direct investment. By combining Tennessee’s leadership in advanced energy with Japan’s longstanding support, we’re creating new opportunity and momentum for growth, and we are proud to welcome KF as the next chapter in this collaboration. Additionally, I would like to thank our partners from ORNL, Anderson County and the City of Oak Ridge, as without their continued support, projects like we are announcing today would not be possible.” […]
“TVA is honored to support a project that will create high-quality jobs and drive groundbreaking research across the Tennessee Valley. KF’s transformational investment in Oak Ridge further supports the Valley’s leadership in scientific and energy innovation and reflects the strength of partnerships as we work together to unleash American energy.”
To read the previous economic update on Right to Work states, click here.