Consider Cincinnati USA
The Duke Energy Ohio and Duke Energy Kentucky Economic Development team provides hands-on, high-quality services tailored to meet the unique needs of any client. Services are performed timely, accurately, confidentially and always free of charge. Duke Energy is committed to providing a continuous flow of service and expertise, and we respond quickly to new opportunities. We stand ready to connect you with the best resources and sites in Ohio and Kentucky.
Welcome to Duke Energy Ohio and Duke Energy Kentucky!
Duke Energy is one of Greater Cincinnati’s leading economic development partners. We work with regional economic development organizations, site selection consultants and even individual businesses to attract, retain and expand jobs in the area.
Duke Energy serves more than a million customers in Southwest Ohio and Northern Kentucky who count on us to provide affordable, reliable and clean energy. We are, however, more than an energy company. We are community leaders, community servants and community boosters. Our deep roots in the area and longtime leadership in economic development make Duke Energy an especially qualified resource for businesses looking to invest in the region.
Our service territory covers Southwestern Ohio, including the city of Cincinnati, as well as Northern Kentucky. We know the nuances of each neighborhood, the strengths of each specific area, the partners that can advance each opportunity, and the programs that can make maximize the potential for each investment in Cincinnati USA.
Duke Energy itself is invested in Cincinnati USA. We live, work and play here.
Remarkable Region, Remarkable Assets
Cincinnati USA is rich in international business activity and home to more than 300 wholly or partially foreign-owned companies. Duke Energy is a major force in helping internationally based companies learn more about the opportunities in Cincinnati USA.
Cincinnati USA consistently ranks among Site Selection magazine’s top 10 large metro areas for new and expanded corporate facilities. The reasons are many: We are within an hour’s flight of half of the nation’s population; if you want to drive, five major highways converge here; our population is 2.1 million people strong, and it is served by four universities, hospitals ranked among the nation’s best, and an affordable housing market; our cost of living is low while our quality of life is high, with all of the “major-league” entities – sports, arts, culture and attractions – that support that quality of life.
The region outranks New York, Boston, Chicago and Los Angeles in the number of Fortune 500 headquarters per million residents, with nine such headquarters here.
Employees at those companies and at businesses of all sizes enjoy an active and diverse Chamber of Commerce community. Cincinnati is the site of the first U.S. Chapter of the European Chamber of Commerce. And in addition to a collaborative regional Chamber of Commerce, the region also features Chambers that serve Hispanic, Chinese, female and minority interests, as well as Chambers that focus on single municipalities or business districts.
While the region’s industrial base used to be manufacturing, it has evolved with the service economy. Cincinnati USA recently was designated a Hub of Innovation in Consumer Marketing, with a heavy concentration of creative talent and brand design. The Hub designation from the state of Ohio essentially creates a regional economic development initiative around the consumer marketing industry, complete with $250,000 in seed money to attract and retain creative talent.
Additionally, the region has strong industry clusters in aerospace, automotive, biotechnology, chemistry, financial services, IT services and consumer goods.
With its rolling hills and scenic riverfront, with its glistening corporate headquarters and its vibrant cultural scene, Cincinnati USA has a small-town feel with big-city amenities. We have access to the resources companies need to attract employees, conduct profitable business, and be successful.
Local Economic Development Team
Duke Energy’s economic development professionals cover the entire 3,000-square-mile service territory of Duke Energy Ohio and Duke Energy Kentucky. Our internal and external team members are experienced and savvy; we know the territory, the players, the challenges and the opportunities.
Whether you are a site selection consultant, a company that is self performing its own site selection effort, or an existing business that wants to expand or explore new opportunities, our team of experts can help you with:
- Industrial building searches and screening
- Greenfield and/or brownfield industrial site searches and screening
- Demographic and detailed community data
- Product development via our Site Readiness Program
- Preparation of RFPs (Request For Proposals)
- Custom economic development information
- Meeting coordination with local, regional and state officials or administrators
- Site visits
All of our work with site selection consultants, corporate clients and economic development professionals is cloaked in order to preserve confidentiality. We welcome the opportunity to work with you and are accustomed to executing Non-Disclosure Agreements upon request by our clients.
Reliable, Safe, Affordable Electricity
Given the stability and financial strength of Duke Energy Corporation, we can assure you that our transmission and distribution systems deliver safe, high quality, reliable and affordable electric service. Our service availability is among the highest in the nation.
Duke Energy Ohio and Kentucky’s operations provide electricity to approximately 820,000 customers and natural gas service to approximately 500,000 customers.
Duke Energy is one of the largest electric power holding companies in the United States. Its regulated utility operations serve approximately 4 million customers located in five states in the Southeast and Midwest, representing a population of approximately 11 million people. Its commercial power and international business segments own and operate diverse power generation assets in North America and Latin America, including a growing portfolio of renewable energy assets in the United States.
Headquartered in Charlotte, N.C., Duke Energy is a Fortune 500 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available on the Internet at: http://www.duke-energy.com/. To learn more and contribute to the discussion about the energy issues of today and the possibilities of tomorrow see http://www.sheddingalight.org/.
Economic Development Services and Contacts
Here is a list of the many services and information you can request from Duke Energy:
- Community development planning assistance
- Financial assistance to local regional development agencies
- Database of commercial/industrial sites and buildings
- Labor demographic information
- Community and site tours
- Quality of life information such as education, government, medical facilities, taxes, recreation, financial institutions and current industrial residents
- Utility information including reliability, costs and availability
- Specialized information to suit client requirements
- State and local economic development incentive assistance
- David O. Smith
Director, OH/KY Economic Development
For assistance in locating the perfect location for your business and identifying the most cost-effective electric rate, contact our Economic Development team. We welcome your questions.
Duke Energy Ohio and Duke Energy Kentucky • Economic Development
139 East Fourth Street, Cincinnati, OH 45202