Holtec International history

Holtec International was founded in 1986 by Doctor Kris Singh with small capital and big ambition.

By 1992, propelled by its transformative fuel rack technology, Holtec essentially became the sole supplier of wet storage solutions to nuclear power plants; a dominance that continues to this day.

In 2003, Holtec acquired Westinghouse’s former mammoth manufacturing plant in Pittsburgh, PA, and renamed it the Holtec Manufacturing Division (HMD). With the HMD acquisition, Holtec became a turnkey provider of engineering, licensing, manufacturing and site services to the power industry.

Holtec’s early history would not be complete without mentioning the nanotechnology-based product, Metamic-HT. Introduced in 2005, Metamic-HT has revolutionized the design of Fuel Baskets used for storing and transporting casks.

In 2006, Holtec launched a program to modernize the design of the air-cooled condenser (ACC). Thanks to Holtec’s efforts, the world now has an ACC with stainless tubes joined to aluminum fins, and ACCs that can be installed at the site in less than half the labor required in contemporary designs.

In 2009, the United States Nuclear Regulatory Commission (USNRC) certified Metamic-HT opening the pathway to its across-the-board application in fuel storage and transport systems.

By 2010, Holtec had carried out over 120 re-racks worldwide garnering a spotless record of safety and on-time performance.

The Holtec campus is one of several high-profile projects that have helped transform parts of Camden following the Economic of Opportunity Act of 2013, which overhauled the state’s incentive programs and created especially generous awards for developments in the South Jersey city.

In 2014, a manufacturing plant at Dahej in the coastal state of Gujarat, India, was commissioned to serve the growing air-cooled condenser (ACC) demand in the developing economies of Asia and Africa.