Columbus,Ohio-based American Electric Power Co. (AEP) said Tuesday it is investing $12.7 million to establish a transmission operation in downtown Roanoke. The project is expected to create 102 jobs.
AEP is modernizing, rebuilding, and expanding electricity transmission lines throughout its service area, which includes 11 states. AEP is the parent company of Appalachian Power, which operates in Virginia and West Virginia.
AEP Transmission will occupy nearly 47,000 square feet on two floors of Appalachian Power’s renovated facility at 40 Franklin Road, SW. In addition to creating new positions, AEP will transfer 93 employees to the downtown facility.
AEP will construct a multi-level parking garage over part of its existing parking area to house vehicles for new employees. Construction and remodeling should be completed and all personnel should be in place by spring 2019.
