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Kentucky Power returning headquarters to Ashland

(WSAZ)
Published: Jul. 13, 2016 at 10:22 AM EDT
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UPDATE 7/13/16 @ 6:30 p.m.

Ashland, Ky (WSAZ) – Kentucky Power President and COO Greg Pauley announced Wednesday that the company’s state headquarters will return to Ashland after moving the offices to Frankfort in 2000.

It’s a move that has excited Ashland city leaders to see economic growth coming to the city after AK Steel went idle in December.

“It is growth,” Ashland Mayor Chuck Charles said. “It's economic development at its finest. We have a great company that has done well and serves constituents in all of our area, and it's great to have them home and come back to Ashland and better serve their customers.”

Kentucky Power announced in a news release, employees and support staff are expected to move to the new office, including the president and chief operating officer, managing director of regulatory and finance, managers for external affairs and corporate communications, as well as an executive assistant on Jan. 1, 2017.

Kentucky Power moved its state headquarters to Frankfort to be closer to government operations and will continue to maintain a regulatory presence in the state capital.

According to the news release, the headquarters relocation comes just months after Kentucky Power announced it was reorganizing to streamline operations, improve reliability and better serve customers in eastern Kentucky.

The earlier reorganization added a customer service manager, as well as a reliability manager to work with all three district operations located in Ashland, Hazard and Pikeville.

Charles says its economic improvements, including the the move back to Ashland, shows the area is still alive and well.

“We love to see progress,” Charles tells WSAZ. “Any time any business opens up, or has a grand opening or moves back, or extends other businesses either here, it's progress. It helps our entire region.”

Sue Dowdy with Ashland Tourism says the corporate office's move back will revitalize the downtown business district and attract people and companies to restaurants and other attractions.

“You know, the more businesses that locate their offices in Ashland, it means that restaurants stay busier at lunch time,” Dowdy said. “Probably people meet their friends, or spouses and families after work, and it just makes for a more bustling environment.”

Tim Gibbs, president and CEO of Ashland Alliance, says having the main headquarters back in town will be great for the city, but the city has already had a great relationship with Kentucky Power even after they moved to Frankfort.

Kentucky Power serves about 169,000 customers in 20 eastern Kentucky and owns a 50 percent interest in the Mitchell Power Plant in Moundsville, West Virginia.


ORIGINAL STORY 7/13/16 @ 10:22 a.m.

FRANKFORT, Ky. (WSAZ) -- Kentucky Power announced Wednesday it’s returning its state headquarters to Ashland from Frankfort.

Kentucky Power President and COO Greg Pauley said the move will take place Jan. 1, 2017.

Employees and support staff are expected to move to the new office, including the president and chief operating officer, managing director of regulatory and finance, managers for external affairs and corporate communications, and an executive assistant.

Kentucky Power moved its state headquarters to Frankfort to be closer to government operations and will continue to maintain a regulatory presence in the state capital.

According to the news release, the headquarters relocation comes just months after Kentucky Power announced it was reorganizing to streamline operations, improve reliability and better serve customers in eastern Kentucky.

The earlier reorganization added a customer service manager, as well as a reliability manager to work with all three district operations located in Ashland, Hazard and Pikeville.

Ashland Mayor Chuck Charles, said he was “thrilled to have Kentucky Power return its headquarters to the city.”

“This move demonstrates Kentucky Power’s commitment to Ashland and the whole region,” Charles said. “We are happy to welcome them home.”

Kentucky Power serves about 169,000 customers in all or part of 20 eastern Kentucky counties and owns a 50 percent interest in the Mitchell Power Plant in Moundsville, W.Va.