Dayton Power and Light Announces a $150,000 Economic Development Fund Grant to Candle-lite
The Dayton Power and Light Company (DP&L), a subsidiary of The AES
Corporation (NYSE: AES), is supporting the continued investment of
Candle-lite in the Leesburg community with a $150,000 economic
development grant in partnership with the Appalachian Partnership for
Economic Growth and JobsOhio.
“At DP&L, we believe one of our most important responsibilities is to
support economic development. We take great pride in our community and
DP&L is committed to the growth and prosperity of the entire region. Our
Economic Development grants are one way we can assist and enhance the
communities we serve,” said DP&L President and CEO Tom Raga.
Candle-lite, a CL Products Intl. LLC Company, is the oldest candle
company in the United States and still manufactures all of its product
line in Ohio. The Leesburg facility in Highland County produces two
million candles a day.
“During our peak season, we employ over 600 people in our Leesburg
facility,” said Calvin Johnston, CEO. “Our employees are the foundation
of our success. Many of our employees have spent their entire career at
Candle-lite and work beside second and third generation family members.”
DP&L’s Economic Development Fund was created in 2014 as part of its
Electric Service Plan. The fund provides $6 million over three years to
support initiatives that attract new investment, retain existing
businesses by enabling them to remain competitive, and create jobs and a
job-ready workforce in West Central Ohio.
To learn more about DP&L’s Economic Development Fund, visit our website.
About The Dayton Power and Light Company and AES
The Dayton Power and Light Company is the principal subsidiary of DPL
Inc. (DPL) a regional energy provider and an AES Company. DPL’s other
significant subsidiaries include DPL Energy, LLC (DPLE), Miami Valley
Insurance Company (MVIC), and DPL Energy Resources, Inc. (DPLER), which
also does business as DP&L Energy. The Dayton Power and Light Company, a
regulated electric utility, provides service to over 515,000 customers
in West Central Ohio; DPLE engages in the operation of merchant peaking
generation facilities; MVIC, a captive insurance company, provides
insurance services to DPL and its subsidiaries, and DPLER is a
competitive retail electric supplier. DPL, through its subsidiaries,
owns and operates approximately 3,000 megawatts of generation capacity,
of which 2,000 megawatts are coal-fired units and 1,000 megawatts are
solar, natural gas and diesel peaking units. For more information about
the company, please visit www.dplinc.com.
Connect with DP&L at www.twitter.com/dpltoday,
and at www.facebook.com/DPLToday.
The AES Corporation (NYSE: AES) is a Fortune 200 global power company.
We provide affordable, sustainable energy to 18 countries through a
diverse portfolio of distribution businesses as well as thermal and
renewable generation facilities. Our workforce of 18,500 people is
committed to operational excellence and meeting the world’s changing
power needs. AES’ 2014 revenues were $17 billion and AES owns and
manages $39 billion in total assets. To learn more, please visit www.aes.com.
Follow AES on Twitter @TheAESCorp.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151105005894/en/
Copyright Business Wire 2015
Source: Business Wire
(November 5, 2015 - 11:00 AM EST)
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