URS wins $67 mln U.S. nuclear demolition contract

HOUSTON, Jan 7 (Reuters) - Engineering and construction firm URS Corp URS.N said on Monday the U.S. government awarded its Washington unit a $67 million contract to deactivate and demolish a nuclear research facility.

Under the four-year, Department of Energy (DOE) contract, URS will deactivate, demolish and remove process facilities and nearby contaminated soil from the Separations Process Research Unit, a former nuclear research facility in Niskayuna, New York.

SPRU, located at the Knolls Atomic Power Laboratory about a half-hour’s drive northwest of the New York State capital Albany, was operated from 1950 to 1953 as a pilot plant to research chemical processes to extract uranium and plutonium from irradiated uranium.

In November, URS completed its $3.2 billion purchase of Washington Group International Inc. after a contentious takeover battle.

Shares of URS closed down 4.45 percent, or $2.32, at $49.86 on the New York Stock Exchange. (Reporting by Anna Driver in Houston)