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

Sofidel, an Italy-based paper tissue manufacturer, held a groundbreaking ceremony on March 16 for its integrated paper production plant in Inola, Oklahoma.

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Kentucky Power Again Plays Role in Bringing Jobs to the Region

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.

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Utility Incentives Drive Economic Development

AEP offers incentives to qualifying new and expanding businesses in five of its 11 states — Indiana, Kentucky, Louisiana, Virginia and Texas (SWEPCO).

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5 Reasons Why Braidy Industries Chose Eastern Kentucky

Braidy Industries announced it will locate its $1.3 Billion Aluminum Rolling Mill and create 550 advanced manufacturing jobs in Ashland, Kentucky to produce sheet and plate for the automotive and aerospace industries. Why did Braidy Industries select Appalachia to build its new facility? Here are the top five reasons for their investment in eastern Kentucky.

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The Governor’s Cup: AEP States Come Out on Top

Congratulations to six well-deserving AEP states recognized by Site Selection magazine for winning projects in 2016.

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Public Service Company of Oklahoma & University of Tulsa Team Up On Solar Project

As one of the largest, if not the largest, rooftop solar installations in Oklahoma, this project is a great example of how we are partnering with customers to help meet their renewable energy goals.

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Appalachian Power awards $155,000 to fund economic development

Projects in several Virginia and West Virginia counties and cities have been selected to share $155,000 in economic development grants from Appalachian Power. The awards announced last week are part of Appalachian Power’s efforts to promote economic growth in the company’s service territory.

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I&M Emphasizes Economic Development and Growing our Communities

Economic development officials from across I&M’s service footprint met with a number of I&M representatives to discuss the area’s economic development opportunities and challenges and brainstorm ways to be more competitive in the global marketplace.

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Aerospace Industry Finds a Hub in Kentucky

The state of Kentucky is home to a booming aerospace manufacturing cluster. Kentucky has seen a 63% increase in the private aerospace products and parts manufacturing industry since 2002. Aerospace exports outpace all other exports in Kentucky, which includes horses, bourbon, and cars.

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AEP and Economic Development Partners Head to Select USA

Attracting Foreign Direct Investment (FDI) to the U.S. is a globally competitive endeavor. Other countries are being aggressive about attracting business – especially India, with its government-funded Make in India campaign. According to the annual FDI report for 2015, India has overtaken China for the top spot.

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