Joining Together For Economic Development
“Duke Energy has demonstrated its commitment to community sustainability through its Urban Revitalization Initiative – creating jobs, eliminating blight, bringing vacant and underutilized buildings back to life and retaining existing businesses. Duke’s leadership is making a major contribution to the economic competitiveness of the Greater Cincinnati/Northern Kentucky region.”
Jeanne Schroer
President/CEO
Catalytic Development Funding Corp. of Northern Kentucky
Jeanne Schroer
President/CEO
Catalytic Development Funding Corp. of Northern Kentucky
Strong, vibrant communities do not happen by accident. They are the result of hard work, significant investments of time and key stakeholders partnering to solve daunting challenges.
Low-cost, reliable power is a critical factor, too. Duke Energy is in a key position to meet business clients’ energy needs and attract job-creating industry and capital investment to our service territory.
But business clients need more than power. They need readily available building sites, transportation infrastructure, access to state and local incentives, flexible workforce training programs, and proximity to a community of customers and business partners.
Duke Energy works to make a difference in our communities’ economic future through a myriad of ways. The company supports numerous economic development organizations across our six-state service territory. From Florida to the Carolinas to the Midwest – we are at the table.
Duke Energy invests a great deal of time and effort in site readiness for business development. Since 2005, Duke Energy has evaluated and made recommendations on 143 large sites across its entire service footprint. Duke Energy’s program helps local economic development organizations locate and prepare potential sites for future investment.
The results have been positive:
Last year, our Duke Energy Economic Development Enterprise team helped attract more than $2.9 billion in capital investment across our six-state footprint, resulting in the creation of more than 13,700 jobs. As a result, Duke Energy was named by Site Selection magazine as one of the Top 10 utilities in economic development for a record 14th straight year.
Not only do we do this because we believe it’s the right thing to do, we also know we’re helping create new jobs and increasing the tax base for the communities we serve. And, if our communities are thriving, Duke Energy will thrive as well.