Our service territory throughout the Midwest Automotive Belt and the Southern Automotive Corridor is an ideal location for your automotive company.

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Toyota worked with AEP to site and expand its Toyota Motor Manufacturing of West Virginia automobile engine and transmission plant in Buffalo, West Virginia.

Strategic Locations for the Automotive Industry

A Strong Supply of Skilled, Affordable Workers

  • 745,000+ transportation equipment manufacturing workers are employed in AEP states, representing 46% of the U.S. workforce in that sector.
  • Average wages in AEP states are 8% lower than the national average.
    • $81,245 – Average earnings per job in AEP states
    • $88,597 – National average

Source: EMSI 2015.3

Access to Markets via World Class Transportation Infrastructure

The AEP service territory is well connected to important domestic and global markets via rail, interstate, air, and deep and shallow water ports. You will enjoy proximity to many major manufacturers and suppliers, both within and near our service territory.

Transportation

 

Low Cost of Doing Business

AEP’s industrial regulated electric rates are typically 10% below the national average (EIA 2014).

AEP states are among the nation’s most competitive tax structures. According to the Tax Foundation:

  • 8 of 11 AEP states are below the national average effective tax rate for labor-intensive manufacturing operations
  • 7 of 11 AEP states are below the national average effective tax rate for capital-intensive manufacturing operations

Several AEP states are right-to-work and have low worker’s compensation costs.

Strong Existing Industry Presence

There are 4,922 transportation equipment manufacturing establishments in AEP territory. Automotive customers include:

  • American Axle & Manufacturing
  • Bosch
  • Cooper Tire & Rubber
  • Emerson Therm-O-Disc
  • Federal-Mogul
  • Honeywell
  • Metaldyne
  • Republic Steel
  • The Timken Company
  • Toyota Motor Manufacturing
  • Volvo Trucks North America
  • Worthington Industries

Contact

Scott Kuehn

Scott Kuehn

Senior Manager, Economic & Business Development

Corporate Office

614-716-1269

Email Me

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