Aecon Acquires South Carolina Nuclear Plant to Scale U.S. Operations

The company has maintained a presence at the Jackson site since 2015, utilizing the location to support localized manufacturing needs. By bringing the facility under full ownership, Aecon intends to accelerate its delivery of specialized services for nuclear refurbishment, federal contracts, and conventional industrial power projects. While the financial terms of the acquisition remain undisclosed, the move signals a strategic push to deepen the firm's involvement in domestic supply chains.

Aecon currently manages a nuclear workforce of 4,000 employees, a scale it leverages to balance its Canadian and American project pipelines. Investors responded positively to the announcement, with the company’s shares climbing 2% to 44.87 Canadian dollars during Monday’s afternoon trading session, bucking a downward trend on the Toronto Stock Exchange.