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Italian Company Chooses AEP-Owned River Rail Site for $360M Investment

April 9, 2018 / Janet Smith

Sofidel, an Italy-based paper tissue manufacturer, held a groundbreaking ceremony on March 16 for its integrated paper production plant in Inola, Oklahoma. The project, which will locate in the AEP-owned Inola River Rail Industrial Park, includes the construction of a 1.8-million square foot plant that will support 300 jobs. The company investing $360 million over…

Wind Catcher Energy Connection – a Driver for Economic Development

December 20, 2017 / Janet Smith

Written in collaboration with Eric Basinger Economic & Business Development Manager Southwestern Electric Power Company AEP continues to invest in a diverse mix of energy resources – including renewable energy and natural gas – to provide customers with the reliable power they need to grow and expand their businesses. In July 2017, we announced Wind Catcher Energy…

Sofidel: U.S. Expansion Success with a Utility Partner

June 23, 2017 / Janet Smith

Our AEP economic development team just wrapped another successful showing at SelectUSA Investment Summit — the premier event for foreign companies considering sites in the U.S. for relocation or expansion. According to SelectUSA, participants from the first three Investment Summits — held in 2013, 2015 and 2016 — announced more than $20 billion in greenfield foreign…