I&M, Greater Fort Wayne Inc. Announce Industrial Site Certification
FORT WAYNE, Ind. – Indiana Michigan Power (I&M), an operating unit of American Electric Power (NYSE: AEP), has awarded Airport Business Center North in Fort Wayne with the AEP Quality Site Certification. The certification will assist with attracting business and enhancing economic growth in northeast Indiana.
McCallum Sweeney Consulting conducted the third-party site certification, which designates the 137-acre Airport Business Center North as a shovel-ready industrial site. Located near Fort Wayne International Airport and Interstate 69, the site is in an established industrial park with existing tenants such as BAE Systems, Tuthill and Coca-Cola and served by utilities with ample capacity.
The nationally recognized site consulting firm McCallum Sweeney evaluates properties by a process that includes obtaining engineering plans, environmental studies and researching site characteristics. McCallum Sweeney determined that the Airport Business Center North site meets all the necessary requirements.
"I&M is proud to be a strong partner to the communities we serve as the hometown energy company,” said Ashley Savieo, economic and business development manager for I&M. “AEP’s Quality Sites Program is designed to simplify the complex process businesses face in investing in a new location. The McCallum Sweeney site certification raises the profile of the Airport Business Center and is crucial to attract jobs and investment to our region.”
I&M worked closely with Greater Fort Wayne (GFW) Inc. on gaining shovel-ready certification.
“This certification will have a significant positive impact on our business attraction and expansion efforts,” said John Urbahns, executive vice president of economic development at GFW Inc. “When companies can come in and get up and running as quickly as possible, Fort Wayne and Allen County become that much more attractive as a potential site.”
“We’re grateful for the partnership we have with Rob Young at the Hagerman Group, Phil Knapke at BND Commercial, and HBC Realty, the owners of the property,” Urbahns said. “They were instrumental in this process, and helped ensure a successful site certification.”
# # #
Indiana Michigan Power (I&M) is headquartered in Fort Wayne, and its 2,450 employees serve more than 589,000 customers. It operates 2,600 MW of coal-fired generation in Indiana, 2,160 MW of nuclear generation in Michigan and 22 MW of hydro generation in both states. The company’s generation portfolio also includes 450 MW of purchased wind generation and, by the end of 2016, approximately 15 MW of large-scale solar generation.
American Electric Power is one of the largest electric utilities in the United States, delivering electricity and custom energy solutions to nearly 5.4 million customers in 11 states. AEP owns the nation’s largest electricity transmission system, a more than 40,000-mile network that includes more 765-kilovolt extra-high voltage transmission lines than all other U.S. transmission systems combined. AEP also operates 223,000 miles of distribution lines. AEP ranks among the nation’s largest generators of electricity, owning approximately 31,000 megawatts of generating capacity in the U.S. AEP’s utility units operate as AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana and east Texas). AEP’s headquarters are in Columbus, Ohio.
# # #
About Greater Fort Wayne, Inc.
Greater Fort Wayne (GFW) Inc. serves Fort Wayne and Allen County, Indiana, as its metro chamber alliance and primary point of contact for economic growth. GFW Inc. focuses on prosperity and community vibrancy through economic development, advocacy, programs and resources that support business success, leadership development, graduate retention and community engagement. To learn more, visit www.greaterfortwayneinc.com