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Alabama Power and Economic Development Alabama County Government Institute

Alabama Power and Economic Development Alabama County Government Institute. Shane Kearney Sr. Project Manager Economic Development Alabama Power Company 205.613.3050(M) 205.257.3197(W) www.amazingalabama.com. Alabama Power Company, Economic Development, we are our History.

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Alabama Power and Economic Development Alabama County Government Institute

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  1. Alabama Power and Economic Development Alabama County Government Institute Shane Kearney Sr. Project ManagerEconomic Development Alabama Power Company 205.613.3050(M) 205.257.3197(W) www.amazingalabama.com

  2. Alabama Power Company, Economic Development, we are our History “For almost 100 years we have been providing a full range of site selection services” “Our Department is a Professional Services Firm”

  3. Who are we today? • Southern Company • Holding Company for Alabama Power, Georgia Power, Gulf Power and Mississippi Power • 25,000 employees • Approximately 44,200 MWs of Nameplate Generation within Balancing Area • 2011 Platts Global Energy - Power Company of the Year • 500 kV, 230 kV, 161 kV, 115 kV and 46 kV Transmission Operating Voltages. • 4.4 million customers • 15,000 industrial customers • Alabama Power Company • Top Business Ranking – 2011 & 2012 Electric Utility Business Customer Satisfaction Study - JD Power & Associates • 99.97 Reliability Rating • 1.4 million customers • 5,750 industrial customers

  4. Who are we today?

  5. Alabama Power Economic Development • Our Goal: • To provide world class economic development services as a trusted third party “Corporate Partner.” • Our Objectives: • Positively impact the economy and wage culture of the state. • Help our existing customers to grow and be as successful as possible. • Increase our industrial customer base

  6. Alabama Economic Development – Private Sector Allies A Team Approach to Economic Development – A Public/Private Partnership • Economic Development Partnership of Alabama (EDPA) • Alabama Power Company • PowerSouth Energy Cooperative • Privately funded Chambers of Commerce/ED Organizations • Lawfirms, Construction firms, engineering firms, banks

  7. Alabama Economic Development – Public Sector Allies • Alabama Development of Commerce (ADOC) • Alabama Industrial Development Training (AIDT) • 2 and 4 year College Systems • Alabama Department of Revenue (ADOR) • Alabama Department of Environmental Management (ADEM) • Alabama Department of Economic and Community Affairs (ADECA) • Alabama Department of Agriculture and Industries • North Alabama Industrial Development Association (NAIDA-TVA) • Others

  8. What sectors is APC ECD actively working projects in? What is an active project? Active Projects (“Projects”) are prospective businesses and industries that APC’s Economic Development Department has invested significant time and effort into pursuing for Alabama locations. The probabilities of these Projects locating in Alabama range from ten to ninety per cent (10% to 90%).

  9. What sectors is APC ECD actively working projects in?

  10. What sectors are potential announcements in? • High “probability” projects are in: • Automotive • Chemicals • Forest Products • Building products

  11. Foreign Direct Investment (FDI) in Alabama – the growth engine for the state’s economy STATE TOTALS 2001-2011 4,224 projects 189,171 jobs $33.5 Billion in CAPEX Source: Alabama Department of Commerce

  12. Foreign Direct Investment (FDI) in Alabama – the growth engine for the state’s economy Source: Alabama Department of Commerce

  13. What does the future hold? We must always think in the long term… Source: The Economist

  14. Alabama must continue to look outward.. Source: Alabama Department of Commerce

  15. Some manufacturing could be moving back to US.. Source: Boston Consulting Group, March 2012

  16. Some manufacturing could be moving back to US.. Source: Boston Consulting Group, March 2012

  17. Manufacturing could be moving back to US.. Source: Deloitte Touche Tohmatsu, 2013

  18. Why do we pursue manufacturing?

  19. Why do we pursue manufacturing?

  20. www.AmazingAlabama.com

  21. Building and Site Search http://www.amazingalabama.com/building-site-search.html

  22. Who is visiting our website?

  23. How do we leverage our website?

  24. Social Media

  25. Questions? Shane Kearney Sr. Project ManagerEconomic Development Alabama Power Company 205.613.3050(M) 205.257.3197(W) www.amazingalabama.com

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