Duke Energy Foundation awards $40,000 for Hamilton County economic development marketing plan

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PLAINFIELD, IND. - The Duke Energy Foundation has awarded $40,000 to the Hamilton County Economic Development Corporation to help support efforts to attract jobs and businesses to the area.

The funds will help carry out the organization’s “Position of Excellence” strategic marketing plan, which includes a Business Intelligence Center, providing easy access to various databases, as well as workforce, real estate and demographic statistics. The information will help promote the county’s communities as attractive locations for business development.

"“Economic development is a key focus area for our foundation’s giving,"” said Bill Petranoff, Duke Energy Indiana economic development manager. “"We are proud to take a leading role in fostering economic growth for the communities we serve.”"

"“The communities in our county are attractive to site selectors and corporate decision-makers, but our research shows they are not aware of our attributes,”" said Tim Monger, president and CEO of the Hamilton County Economic Development Corporation. “"Some of those attributes include a talented and educated workforce, easy access to interstate highways, and close proximity to world-class higher education. We appreciate Duke Energy'’s willingness to help strengthen our efforts to communicate those characteristics and increase our research capabilities to attract new investment and jobs.”"

About Duke Energy

The Duke Energy Foundation makes grants supporting the environment, economic development, education and community vitality. In Indiana, the Foundation invests nearly $2 million each year for community support and charitable contributions.

Duke Energy Indiana'’s operations provide about 7,500 megawatts of owned electric capacity to approximately 810,000 customers in a 23,000-square-mile service area, making it the state'’s largest electric supplier.

Headquartered in Charlotte, N.C., Duke Energy is a Fortune 250 company traded on the New York Stock Exchange under the symbol DUK. More information about the company is available at duke-energy.com.

About the Hamilton County Economic Development Corporation

The Hamilton County Economic Development Corporation is a partnership of business and local government, including Carmel, Fishers, Noblesville, Westfield, Sheridan, Arcadia, Cicero, Atlanta and Hamilton County. This public-private partnership exists to promote and enhance the business climate, economic vitality, sustainability and quality of life of Hamilton County. HCED seeks to foster corporate investment and job creation, to broaden the tax base through the development of commercial and industrial real estate in Hamilton County.