NASHVILLE, Tenn. (WKRN) — Tennessee's Nuclear Energy Fund has drawn more nuclear companies to the Volunteer State, helping it become one of the nation's leaders in nuclear energy.

The Nuclear Energy Fund, which is now worth $70 million, was created by Gov. Bill Lee in 2023 to expand nuclear energy development in the state. So far, 12 companies, organizations and universities have taken advantage of the grants provided through the fund.

This week, Radiant Industries announced its plans to build the world's first mass-produced nuclear generator factory in Oak Ridge. It's the sixth company to locate in Tennessee through the Nuclear Energy Fund, according to the state.

“What is happening here is the global epicenter of the new nuclear revolution," Lee said.

Scott Fiedler with the Tennessee

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