New Castle News

September 13, 2011

First Energy honored for economic efforts

By Staff
New Castle News

NEW CASTLE — Site Selection magazine has named FirstEnergy Corp. one of the top utilities in the country for promoting economic development.

Overall, the company helped attract more than $3.7 billion in capital investment to its Ohio, Pennsylvania, and New Jersey service areas that resulted in more than 6,500 new jobs.

This marks the eighth time in the past 10 years FirstEnergy has won the Site Selection award.

The designation recognizes utility companies that complement reliable power delivery to their customers with a hands-on approach to encouraging business development in their operational areas.

Using 2010 data, the award is based on a mix of objective and subjective criteria, including what the utility does to help create jobs and facilitate investment in its area, website tools and data that can be used to help business development and survey input from corporations and site consultants.