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Fluor-BWXT Donates $25,000 for Piketon Economic Development

PIKETON, Ohio -- October 29, 2021 -- The Piketon Community Improvement Corporation (CIC) has begun purchasing dilapidated properties for redevelopment and resale as part of a beautification process for the area to enhance the economic development of the area. Fluor-BWXT (FBP) recently donated $25,000 to the CIC to support the improvements and development within the Village.

Pictured-Front row (l-r)- Tim Poe, chairman FBP Steering Group, Billy Spencer, Piketon mayor and CIC Board President, JD Dowell, FBP site project director, and Jack Williams, FBP director of Communications.

“We are happy to be able to invest in Mayor Spencer’s vision for the Village of Piketon and are excited to see so much progress and economic development that benefits the future growth and prosperity of the area” said JD Dowell, FBP site project director.

"The CIC can do things that I can't do as the Mayor of the Village of Piketon," said Piketon Mayor and CIC Board President Billy Spencer. “The CIC is a private non-profit organization and the economic development arm of the Village of Piketon. Our whole purpose is to clean the town of blight and increase the value of neighboring properties."

Support, like the recent FBP donation, will help serve as a catalyst to help the CIC reach their goals for community redevelopment.

“This is tax-free money that the CIC can use to purchase and prepare for resale valuable property in the community to make better use of the land and provide additional revenue to the Village,” FBP Steering Group Chairman Tim Poe said.

As part of Fluor-BWXT’s Community Commitment, significant economic investments are being made in the region through FBP’s partnership with the Joint Economic Diversification Initiative of Southern Ohio (JEDISO). The goal is to create and retain jobs for a sustainable and strong economy in Jackson, Pike, Ross and Scioto counties. Since 2011, FBP has provided more than $4.4 million dollars in economic grants - creating and retaining approximately 2,500 jobs in Jackson, Pike, Ross and Scioto counties.

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About Fluor-BWXT Portsmouth LLC
Fluor Corporation (NYSE: FLR) and BWX Technologies, Inc. (BWXT) (NYSE: BWXT), two world-class companies with significant Ohio experience, formed Fluor-BWXT Portsmouth LLC (FBP) to address the decontamination and decommissioning (D&D) needs at the Department of Energy's (DOE) Portsmouth Site in Pike County, Ohio. Jacobs Engineering, another global leader in industrial and environmental projects, provides support. Fluor-BWXT employs 1,800 workers who bring unparalleled experience, insights, and lessons learned from across the DOE complex. The Fluor-BWXT Portsmouth mandate is to clean up the Portsmouth Site safely and compliantly, provide strong uranium stewardship and partner with local communities to achieve a sustainable economic future. For more information, visit www.fbportsmouth.com.