Governor Ralph Northam announced that Framatome will relocate its North American corporate headquarters from Charlotte, North Carolina, to the City of Lynchburg.
The headquarters makes Lynchburg the central hub for the company's 2,300 North American employees. They currently employee 1,300 employees in Lynchburg and 14,000 worldwide.
Framatone is a designer and supplier of nuclear steam supply system and nuclear equipment, services, and fuel for high levels of safety and performance,
"Framatome Inc. is a thriving, U.S.-based company, and we couldn’t be prouder that this nuclear energy leader will center its operations in the City of Lynchburg and the Commonwealth as it grows in domestic markets," said Governor Northam. "The company’s decision to relocate its corporate headquarters is a testament to the importance of its major customers located in Virginia, as well as the key partnerships with our state and local universities and community colleges to ensure a skilled talent pipeline. I am confident that the world-class training facility in Lynchburg will continue to increase Framatome’s notoriety as a leader in a critical industry."
Employment is expected to grow in the area. Congressman Bob Goodlatte tweeted his support of the move.