Make it an even dozen: Duke Energy economic development team honored by Site Selection magazine -- again


CHARLOTTE, N.C. – For the 12th consecutive year, Duke Energy has been named to Site Selection magazine’s annual list of “Top Utilities in Economic Development.”

In the magazine’s September edition, it credits Duke Energy's economic development team and its successful collaboration with state and local partners for delivering more than $3.5 billion in capital investments and over 12,000 new jobs in 2015. Duke Energy has been featured on the list every year since 2005.

Duke Energy’s approach to economic development is unique in the utility industry.

“Economic development is a team sport and we are a key position player – we work with many allies in different capacities throughout the economic development process to achieve success,” said Stu Heishman, Duke Energy’s vice president of economic development. “We will continue to get these results by providing dependable, affordable energy to the industries, businesses and residential customers we serve.”

Duke Energy’s economic development team forges strategic relationships with key site selection consultants and targeted industries nationally and globally. In 2015, the company developed new options around site readiness and deployed a new model for targeted business recruitment with strategic hires in key markets including Atlanta, Detroit and San Francisco.

“We have been very aggressive with a specific focus on site readiness, industrial recruitment and collaborative efforts with our state and local partners to close deals,”Heishman said. “Our team is committed to the mission of adding capital investment and jobs in the communities across our six-state service area.”

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