Site Selection's 2015 Top Utilities in Economic Development
Atlanta, September 1, 2015: Site Selection magazine has selected its annual Top Utilities in Economic Development, based on the following mix of objective and subjective criteria: Analysis of corporate end-user project activity in 2014 in that company's territory based on the Conway Project Database and submitted materials from utilities; website tools and data; innovative programs and incentives for business, including energy efficiency and renewable energy programs; and the utility's own job-creating infrastructure and facility investment trends.
"This year's Top Utilities are the class of their field when it comes to economic development teamwork," says Adam Bruns, managing editor of Site Selection. "Like the best athletic teams, they know how to look for the open opportunity, turn on a dime when circumstances require it, communicate with teammates and move without the ball so they're ready when the time comes to close the deal."
The winning utilities, in alphabetical order, are ComEd (Exelon), Chicago, Ill.; Dominion Virginia Power, Richmond, Va.; Duke Energy, Charlotte, N.C.; Entergy, New Orleans, La.; FirstEnergy, Akron, Ohio; Florida Power & Light, Juno Beach, Fla.; Georgia Power, Atlanta, Ga.; Hoosier Energy, Bloomington, Ind.; South Carolina Power Team, Columbia, S.C.; and Tennessee Valley Authority, Nashville, Tenn.
Those qualifying for Honorable Mention include Alabama Power, Birmingham, Ala.; Ameren, St. Louis, Mo.; American Electric Power, Columbus, Ohio; Black Hills Corp., Rapid City, S.D.; KCP&L, Kansas City, Mo.; LG&E-Kentucky Utilities, Louisville, Ky.; Mississippi Power, Gulfport, Miss.; Nebraska Public Power District, Columbus, Neb.; PG&E, San Francisco, Calif.; and Southern California Edison, Rosemead, Calif..
"Utilities play a key role as participants in the economic development efforts of cities, regions and all areas working to improve their local business climate," says Mark Arend, editor in chief of Site Selection. "This year's Top Utilities were particularly successful in this endeavor in 2014."
The entire Top Utilities article appears in the September 2015 edition of Site Selection and online at www.siteselection.com. Also featured in the issue are reports on global infrastructure, logistics, and rural economic development. The issue also contains Site Selection's annual Canada's Best Locations Report, including the Canadian Competitiveness Award and Top Canadian Groups awards; international, regional and state spotlights; industry reports; and several of the magazine's popular Investment Profiles.
Site Selection magazine, published by Conway Inc., delivers expansion planning information to 48,000 executives of fast-growing firms. The senior publication in the development field, Site Selection is also available via Site Selection Online. The publication also publishes or co-publishes e-newsletters, including The Site Selection Dispatch and its Online Insider series, Life Sciences Report, Aerospace Report and Energy Report; The Global FDI Report; TrustBelt.com and the OnSITE Travel blog.
Headquartered in Atlanta, Ga., Conway since 1954 has been a trusted advisor to corporations, government economic development and investment promotion agencies around the world. Conway owns and manages London-based Conway Events, organizer of worldwide FDI events; Berlin-based FDI advisory firm Terrain Consulting; and New York-based Conway PR & Marketing, a leading PR and lead-generation firm. In February 2015 Conway formed an exclusive partnership with Silverlode Consulting Corp. as Conway's corporate location advisory partner in the United States. Conway also manages the Industrial Asset Management Council and the Global FDI Association. Conway in 2013 launched a Custom Publishing Division that has published economic development guides for territories including Texas, California, Kentucky, Oklahoma, Wyoming and Mississippi. Conway employs over 80 people in 10 offices in seven countries.