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 have added 16 new industrial properties to our Quality Sites Program, increasing the total portfolio to 42 sites. Using third-party experts, these sites have been validated to meet the needs of industrial, data center and food processing users, and can minimize overall site location risk, save time, and reduce site development costs.
We invite you to take a look at AEP's 2017 Corporate Accountability Report and learn more about our transformation to becoming the energy company of the future.
Early engagement with AEP Ohio helps to ensure an Italian tissue manufacturer's infrastructure requirements are met for its first greenfield project in the U.S.
Edison Electric Institute (EEI) recently recognized AEP and two AEP National Accounts executives for exceptional customer service at the 2017 Awards for Outstanding National Key Accounts Customer Service.
Community by community, project by project, our efforts to promote economic development are making an impact. 2016 marked the fourth year since we brought back AEP’s corporate focus on economic development, and it was a year full of project activity and initiatives to help our communities become better positioned for new development.
According to the Institute for Supply Management’s "Manufacturing Purchasing Managers’ Index," manufacturing in the United States grew for the fifth straight month in July 2016. In addition, the economy overall grew for the 86th consecutive month.