Item 2. Properties
Item 2. PROPERTIES
The following table provides the segment name, location and general use of each of our principal properties at December 31, 2020 that we own or lease:
Business Segment and Location Principal Use Owned/Leased
(Lease Expiration)
Nuclear Operations Group
Lynchburg, Virginia Manufacturing facility (1) (4)
Owned
Barberton, Ohio Manufacturing facility Owned
Euclid, Ohio Manufacturing facility Owned
Mount Vernon, Indiana Manufacturing facility Owned
Erwin, Tennessee Manufacturing facility (2) (4)
Owned
Nuclear Power Group
Cambridge, Ontario, Canada Manufacturing facility Owned
Peterborough, Ontario, Canada Manufacturing facility (3) (4)
Leased (2036)
Toronto, Ontario, Canada Manufacturing facility (3) (4)
Leased (2036)
Kanata, Ontario, Canada Manufacturing facility (3) (4)
Leased (2038)
Vancouver, British Columbia, Canada Manufacturing facility (3) (4)
Leased (2031)
Oakville, Ontario, Canada Manufacturing facility Leased (2029)
Nuclear Services Group
Lynchburg, Virginia Manufacturing facility Owned
Lynchburg, Virginia Administrative office Leased (2022)
Corporate
Lynchburg, Virginia Administrative office Leased (2021)
Charlotte, North Carolina Administrative office Leased (2022)
(1) This facility is our Nuclear Operations Group segment's primary manufacturing plant and is the nation's largest commercial high-enriched uranium processing facility. The site is also the largest commercial International Atomic Energy Agency certified facility in the U.S.
(2) Nuclear Fuel Services, Inc. ("NFS") operates this facility, which manufactures fuel for naval nuclear reactors and downblends Cold War-era government stockpiles of high-enriched uranium. NFS is the sole provider of nuclear fuel for the U.S. Navy.
(3) These facilities are licensed by the CNSC in order to allow us to fabricate natural uranium fuel and produce medical radioisotopes.
(4) This site is subject to review by either the NRC or the CNSC for licensee performance. The performance reviews determine the safe and secure conduct of operations of the facility.
We consider each of our significant properties to be suitable and adequate for its intended use. For further details regarding our properties, see Item 1, "Business."
Item 3. LEGAL PROCEEDINGS
The information set forth under the heading "Investigations and Litigation" in Note 10 to our consolidated financial statements included in this Report is incorporated by reference into this Item 3.
Item 4. MINE SAFETY DISCLOSURES
None.
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Table of Contents
PART II
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.