Company Recognized as a Top-10 Utility by Site Selection Magazine
Beaumont, Texas — For the fifth
consecutive year, Entergy Corporation has been recognized as one of the top 10
utilities in North America for its work to support economic development. The
recognition comes in the September 2012 issue of Site Selection magazine, which
highlights Entergy’s private-sector facility investment of more than $2.3
billion along with the creation of 8,877 jobs in Arkansas, Louisiana,
Mississippi and Texas.
“Successful economic development is
always a team effort, and every year Entergy partners with a number of entities
across our service area to attract new business, retain existing businesses and
help companies grow,” said Michael Barnhill, director of economic development,
Entergy Texas, Inc. “We are encouraged that our participation makes a positive
impact on our state’s economic future, and will continue to provide leadership
and investment to help strengthen local economies and bring jobs to our
Among other accomplishments, Entergy
Texas’ economic development group partnered with state and local allies to
locate the Pandora Methanol facility in Beaumont. The company invested $232
million to refurbish a plant that had been mothballed, creating more than 600
construction and 120 permanent jobs. In Conroe, they worked with the Economic
Development Council bring Stainless Steel Structural to Conroe Park North.
Also, Entergy has identified
significant growth opportunities in Texas industries such as renewable energy,
solar, wind, energy efficiency, green building, sustainable transportation,
algae, biofuels, bio-mass and the environment. Entergy Texas is working with
public and private leadership, economic development and workforce development
specialists, and educational partners such as Lamar, Sam Houston and Lone Star
College on plans to recruit and grow the green economy within the region.
Site Selection magazine bases its
ranking on a variety of criteria, including job creation, capital investment,
and innovative programs and incentives for businesses such as energy efficiency
and renewable-energy programs. The magazine also gathers input from leading
site-selection consultants and interviews with company executives.
Entergy Texas provides electricity to
more than 400,000 customers in 27 counties. It is a subsidiary of Entergy
Corporation. Entergy is an integrated energy company engaged primarily in
electric power production and retail distribution operations. Entergy owns and
operates power plants with approximately 30,000 megawatts of electric generating
capacity, including more than 10,000 megawatts of nuclear power, making it one
of the nation’s leading nuclear generators. Entergy delivers electricity to 2.8
million utility customers in Arkansas, Louisiana, Mississippi and Texas.