Stay tuned for live coverage as AREVA and Northrop Grumman Shipbuilding will break out the shovels for the construction of 330,000-square-foot manufacturing and engineering facility.

This evening at 6:00 pm EDT, the two leaders in the U.S. nuclear industry will be breaking ground on a new manufacturing and engineering facility in Newport News, Virginia. The joint venture, AREVA Newport News LLC, will build the heaving components for new nuclear plants, a $360 million investment that will create more than 500 jobs.

Noted appearances will include: Virginia Governor Timothy Kaine, AREVA CEO Anne Lauvergeon, Northrop Grumman Shipbuilding President Mike Petters, AREVA Newport News General Manager Chris Levesque, and Newport News Mayor Joe Frank.

UPDATE:

Watch it live on the streaming webcast

The live webcast is now archived for viewing on demand here.