Economic development creates opportunities to grow state, local and metro areas, which are essential for economic growth, improved quality of life and community development. Duke Energy articles below.
Electric vehicle (EV) maker Arrival will invest $41.2M in a new microfactory in Charlotte, NC, bringing more than 250 new jobs to the region.
The $25M investment will upgrade Cummins' Seymour Engine Plant (SEP) in Seymour, IN, and create and retain more than 150 jobs over the next five to 10 years.
INCOG BioPharma Services will invest $60M to establish its first manufacturing facility and global headquarters in Fishers, IN.
To support its Midwest growth, the tortilla maker will establish a new 510,965-square-foot manufacturing facility in Plainfield, IN.
Indiana-based Eli Lilly and Company will create more than 460 new jobs at its new manufacturing pharmaceutical facility in Durham, NC.
The global auto manufacturer will expand and retool its Kokomo, IN manufacturing operations for production of a new engine.
Greenleaf Foods, SPC is investing $310 million to build a manufacturing facility in Shelbyville, IN, creating 460 new jobs.
The Japan-based mobility supplier will open a new distribution center in Jeffersonville, IN, creating up to 50 new jobs by 2023.
Over the next decade, jobs and economic growth are expected to result from the $3 billion investment in the Power/Forward Carolinas initiative.
Duke Energy has just completed the evaluation of industrial sites in Florida’s Pasco, Polk and Sumter counties through the company's Site Readiness Program, which helps advance prime parcels for industrial development opportunities.
A Certified Site reduces the risks associated with development by providing detailed information about a site, including price and availability, utilities, access, environmental concerns and potential development costs. Sites are periodically recertified to ensure accurate, reliable data.
After each site's state of readiness has advanced, Duke Energy's business development team will strategically market each of them nationwide to companies looking to expand or relocate their operations.
Ideal candidates for Duke Energy's site readiness program are 75 acres or larger, served by the utility. A qualified site can be either best suited for a single, large industrial facility or data center, or well-suited for a potential industrial park (multi-tenant site).
Nuclear economics expert comments on the closure of Duke Energy's Crystal River Nuclear Power Plant; discusses implications for Levy County Reactor Project.