Duke Energy selects three sites for economic development initiative in Ohio and Kentucky

Amy Spiller, President of Duke Energy Ohio and Kentucky
Amy Spiller, President of Duke Energy Ohio and Kentucky - Cincinnati Business Courier
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Duke Energy has announced the selection of three properties in Southwest Ohio and Northern Kentucky for its 2025 Site Readiness Program. The program aims to prepare these sites for business and industrial development, making them more attractive to companies seeking to start, expand or relocate operations.

Since its inception in 2010, Duke Energy’s Site Readiness Program has evaluated 42 sites across Ohio and Kentucky. As a result, 20 companies have chosen to grow their businesses on locations that went through the program. These investments have brought over $2 billion in capital and created approximately 5,400 new jobs in the region. Companies such as Coca-Cola, Carvana, Shape Corp., and Niagara Bottling are among those that have committed to developing on these prepared sites.

The three properties selected for the 2025 program are Frick Family Farms in Monroe (Butler County), Union Ren Farms in Middletown (Warren County), and Commonwealth Commerce Center in Northern Kentucky (Pendleton County). Duke Energy collaborates with Site Selection Group, engineering firm Bayer Becker, REDI Cincinnati, BE NKY Growth Partnership, local governments, and other utilities to enhance site competitiveness.

Amy Spiller, president of Duke Energy Ohio and Kentucky, said: “Economic development is vital to the future growth and prosperity of our region. Our Site Readiness Program is one example of the proactive economic development initiatives that Duke Energy pursues to help spark investment in the communities we serve. We appreciate our collaboration with local partners and developers as we work to bring more jobs to the region and make Greater Cincinnati a place in which people want to work and live.”

Kimm Lauterbach, president and CEO of REDI Cincinnati added: “Duke Energy’s Site Readiness Program not only speeds up economic development opportunities but also ensures that our communities are equipped to compete with sites that are ready to be utilized. We appreciate Duke Energy’s ongoing investment and leadership in enhancing the economy of the Cincinnati region.”

Duke Energy’s efforts have been recognized by Site Selection magazine for 21 consecutive years as one of the “Top Utilities in Economic Development.” In 2024 alone, it helped attract $548 million in new capital investment along with more than 1,000 jobs across Ohio and Kentucky.

Duke Energy Ohio/Kentucky provides electric service to about 910,000 customers over a 3,000-square-mile area and natural gas service to around 560,000 customers within a 2,650-square-mile area spanning both states.

The parent company serves approximately 8.6 million electric utility customers across six states including North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky. Its natural gas utilities reach about 1.7 million customers across four states.

More information can be found at duke-energy.com or via social media channels including X (formerly Twitter), LinkedIn, Instagram and Facebook.



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