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Stock impact report

US Nuclear Forced to Expand Its Ohio Production Floor and Shipment Volume to Keep Up With the Surge of Incoming Orders

US NUCLEAR CORP Common stock (UCLE) 
NASDAQ:AMEX Investor Relations: usnuclearcorp.com/investor-relations
Company Research Source: GlobeNewswire
LOS ANGELES, CA, Aug. 19, 2024 (GLOBE NEWSWIRE) -- To help keep up with surging incoming purchase orders, US Nuclear Corp. (OTC: UCLE) is now significantly expanding their Overhoff (Ohio) production floor area to increase shipment volume. This is necessary due to increasingly high demand for their famous tritium monitors. This is all caused by the AI nuclear energy boom and the big money, worldwide scramble to design and build the long awaited fusion energy generators that we are all waiting for. For these reasons, USN is in the process of reorganizing one of the company’s subsidiaries, Electronic Control Concepts (ECC), thus improving efficiency and shipment volume amongst its subsidiaries. ECC is one of US Nuclear’s newer divisions and specializes in manufacturing high-quality x-ray calibration and measurement instrumentation for x-ray machines globally. US Nuclear acquired ECC back in 2016 and moved production from New York to the company’s Overhoff Technology Corp. division i Show less Read more
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