Ex-Im Bank closure undercuts nuclear industry, manufacturer says
The
participation of domestic nuclear energy technology firms in a worldwide
nuclear power boom is threatened by the closure of the Export-Import
Bank, according to James Stouch, vice president of business development
and sales at Precision Custom Components. With 165 nuclear plants
worldwide in the late planning stages, U.S. companies are losing an
important method of proving financing is available for international
contracts with the bank's closure, Stouch said. "The market for new
nuclear generation is going to be international for about the next five
to 10 years," Stouch said. The Christian Science Monitor
(7/2)http://www.csmonitor.com/Environment/Energy/2015/0702/Why-the-US-nuclear-industry-is-eager-to-save-this-obscure-government-run-bank
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