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American Electric Power Ranks as a Top Utility for Economic Development
American Electric Power (AEP) was recently named one of the nation’s top utilities in economic development by Site Selection magazine. Utilities’ corporate project investment and job creation are evaluated on a cumulative and per-capita basis. AEP has been recognized on the list nine of the past 10 years.
“AEP is proud to be acknowledged again for strengthening the economies of the communities where we live and work,” said Timothy Wells, vice president of sales, economic and business development, AEP. “Last year, our team facilitated and supported 160 projects in AEP’s service territory.”
In 2020, AEP’s economic and business development team helped attract more than $2.7 billion in capital investment and 10,870 new direct jobs in the company’s 11-state territory.
- ◦Economy
