In addition to our 50 Featured Sites, which have been certified, qualified or reviewed by best-in-class site selection and engineering experts, there are hundreds of additional properties across our 11-state service territory ready to meet your development needs.
The AEP Economic & Business Development Team participated in the 5th annual SelectUSA Investment Summit June 20-22nd, 2018 in Washington, D.C. Hosted by the U.S. Department of Commerce, SelectUSA was created to invite and encourage potential foreign investment to the United States. This year, over 1,200 international firm attendees from 66 countries and more than 700 economic development organization representatives from all 50 states attended.
AEPED has partnered with many of our local communities to identify sites with strong potential throughout our 11-state service territory and invest in preparing them for development.
Three sites in southwest Arkansas, in Texarkana, Hope, and Prescott, have earned the Quality Sites designation for project readiness through American Electric Power (AEP). AEP coordinated with its subsidiary Southwestern Electric Power Co. (SWEPCO) on finalizing the designation.
Sofidel, an Italy-based paper tissue manufacturer, held a groundbreaking ceremony on March 16 for its integrated paper production plant in Inola, Oklahoma.
Kentucky Power joined state and local leaders on Dec. 15 as EnerBlu announced its plans to invest $412 million in central and eastern Kentucky. This is one of six major projects announced by the AEP subsidiary in 2017, won after thoughtful execution of an economic development strategy to help drive their region into recovery after the decline of the coal industry.
We continue 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.
From robust fiber optic and electrical infrastructure, low natural disaster risk and one of the nation’s best tax climates for data centers, Central Ohio is the perfect home for data centers.