General Fusion Corporation, the U.S.-based subsidiary of General Fusion, Inc., will establish its first U.S. operations and headquarters in Oak Ridge, Tennessee. The $539,000 is expected to create 20 new jobs in Anderson County over the next five years.

The company’s new location will enhance its Technology Commercialization Program, managing collaborations with national laboratories such as Oak Ridge National Laboratory, universities and the U.S. government.

“Oak Ridge, Tennessee is the ideal location for our new U.S. headquarters. It will provide us with access to the state’s rich innovation ecosystem and the highly skilled workforce in the Oak Ridge region. Our new presence in Tennessee also gives us the platform to build stronger partnerships within the region and across the U.S., providing the more robust technical capabilities and competencies necessary for General Fusion to deliver clean fusion power by the 2030s,” Christofer Mowry, CEO, General Fusion said.

Founded in 2002 and based in Vancouver, Canada, General Fusion is transforming how the world is energized by developing the first commercially-viable fusion power plant. Fusion will deliver clean, safe and on-demand power at industrial scale, providing a powerful complement to renewables and a pathway to a zero-emission grid.

“General Fusion’s decision to invest and locate its first U.S. headquarters in Oak Ridge underscores our state’s pro-business environment, skilled workforce and exceptional quality of life. Tennessee is proud to be home to many world-renowned establishments, like Oak Ridge National Laboratory, that provide a clear advantage over our competitor states. We thank General Fusion for choosing to locate in Anderson County and look forward to seeing what will result from this project in East Tennessee,” TNECD Commissioner Bob Rolfe said.