LOS ANGELES, CA, Aug. 19, 2024 (GLOBE NEWSWIRE) — To keep up with increasing orders, US Nuclear Corp. (OTC: UCLE) is now significantly expanding its Overhoff, Ohio manufacturing footprint to increase delivery volumes due to the increasingly high demand for its famous tritium monitors. This is all due to the AI ​​nuclear energy boom and the great, global race to develop and build the long-awaited fusion energy generators 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), to improve efficiency and shipping volumes between its subsidiaries.

ECC is one of US Nuclear’s newer divisions and specializes in manufacturing high-quality X-ray calibration and measurement instruments for X-ray machines worldwide. US Nuclear acquired ECC in 2016 and moved production from New York to the company’s Overhoff Technology Corp. division in Milford, Ohio, which makes tritium monitoring instruments. However, this move also shifted some of Overhoff’s resources to the production of ECC instruments. With Overhoff now receiving an increasing influx of new orders, US Nuclear has decided to move production of ECC equipment to its subsidiary, Technical Associates, in Canoga Park, California.

This move will bring great benefits to all of the company’s major offices. First and foremost, it will free up resources at Overhoff to improve delivery volumes and keep pace with increasing orders. On the other hand, Technical Associates will have excess production capacity that will allow for a smooth integration of ECC instrument production and further increase delivery volumes in California.

This move is already underway and will take effect in the near future, and will greatly increase US Nuclear’s efficiency and deliveries.

Safe Harbor Law

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations, estimates and projections, and you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve substantial risks and uncertainties that could cause actual results to differ materially from those anticipated.

Investors can find more information about US Nuclear Corp. on the SEC’s website at http://www.sec.govor on the company’s website at www.usnuclearcorp.com.

CONTACT:

(OTC-QB: UCLE)
Robert I. Goldstein, President, CEO and Chairman
Michael Hastings, Chief Financial Officer
Phone: (818) 883 7043
E-mail: [email protected]
http://usnuclearcorp.com
https://overhoff.com/
https://tech-associates.com/