Crude Oil ( ) Brent Crude ( ) Natural Gas ( ) S&P 500 ( ) PHLX Oil ( )
 November 5, 2015 - 11:00 AM EST
Print Email Article Font Down Font Up
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 Connect with DP&L at,, and at

About AES

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 Follow AES on Twitter @TheAESCorp.

The Dayton Power and Light Company
News Media Contact: Mary Ann Kabel
News Media Line: 937-224-5940

Source: Business Wire (November 5, 2015 - 11:00 AM EST)

News by QuoteMedia