Energy awards $5,000 grant for Pike Lumber Development Project at
Wanda English Burnett
officials from Duke Energy, Pike Lumber, Ripley County Economic
Development and Milan Town Council, gathered at the Milan Town
Hall for the presentation of a $5,000 grant. Duke Energy awarded
the grant money for the Pike Lumber Company project in Milan.
The grant will help make this site shovel-ready for Pike
Lumbers expansion into Ripley County, said Pat More,
Duke Energy east area manager. This lowers the cost of
site development and improves the efficiency of permitting.
Were proud to do our part to bring economic development
to the cities and towns we serve.
James Mulligan, Director of Corporation Development for Pike
Lumber Company told the Osgood Journal, We are
anticipating start-up to be the end of October or early in November
They hope to break ground and be pouring concrete at the site
the first of June.
Mulligan has been interviewing for positions at the new facility
and is quite pleased with the selection of applicants. We
chose Milan because of the people, he noted. He said they
have received a warm welcome from the beginning stages and are
pleased to have their third operation in Ripley County. The
company presently runs state-of-the-art facilities in Akron
and Carbon, Indiana.
Our hope is that as the lumber companys operations
begin late this summer, we will attract other businesses that
can make use of the lumber mills by products, creating
even more jobs, noted Gary Norman, director of the Ripley
County Economic Development. He went on to say that Pike has
already grown from the $4.6 million project to an $8 million
estimate, creating more jobs than originally anticipated. We
are very pleased to have them here, he noted.
The $5,000 grant is made possible through Duke Energys
Community Growth Partnership Grant Program and is aimed at generating
new jobs and capital investment in Indiana. Duke has awarded
15 of these grants totaling more than $198,000 over the past
three years to various economic development organizations in
Historically, Duke Energy has been strongly committed to economic
development throughout its service history. As a result of their
leadership in this area, Duke has received Site Selection Magazines
Top Ten Utility Economic Development Award for 11 consecutive
Duke Energy is the states largest electric supplier providing
6,800 megawatts capacity of electricity to approximately 780,000
customers. The company is one of the five largest electric power
holding companies in the United States.
WANDA ENGLISH BURNETT
Pictured from left are: Mike Heaton, Economic Development
Regional Manager for Duke Energy, Pat More, Area Manager
Community Relations & Economic Development for Duke
Energy handing a check to Paul Hildebrand, President of
the Milan Town Board, James Mulligan, Director of Corporate
Development for Pike Lumber, Gary Norman, Ripley County
Economic Director, and Matt Huffman, Milan Town Board