November 15, 2011
News Release
Marion, Ind. – In May 2011, Vectren Corporation (Vectren) assembled a strategic partnership with the City of Marion, Ind., including representatives from City Hall, businesses, nonprofit organizations, educational institutions and faith-based communities, to develop a unified, collaborative approach for revitalizing economically-challenged neighborhoods.
“We reviewed a number of cities in Vectren’s service area before settling on Marion to jumpstart our company’s new emphasis on community sustainability,†said Vectren Vice President of Community Sustainability and President of the Vectren Foundation Jeff Whiteside. “This community has an outpouring of financial and volunteer support, which is essential to guiding this revitalization effort. Ultimately, Vectren’s investment in community redevelopment projects like this will create strong, sustainable communities, which are the core of growth and development for the state of Indiana.â€
The partnership will officially launch with a community-wide presentation featuring national community organization and development expert, Jim Capraro. The Vectren-sponsored event will take place on Dec. 6 from 5 to 8 p.m. at the Marion Public Library.
Capraro is chief executive officer of the Chicago-based Greater Southwest Development Corporation. Marion residents are invited to attend the presentation to learn more about how to mobilize resources to positively impact their respective neighborhoods in addition to learning more about the City and Vectren’s partnership and how Jim Capraro’s 35 years of community organizing and development experience will help provide direction for this effort.
“In the past few months, we have assembled a group of highly-engaged community leaders and residents to ensure this community revitalization effort is a success, and we’re hopeful even more will be a part of this initiative,†said Jacquie Dodyk, executive director of Marion’s Affordable Housing & Community Development Corporation. “Although the key strategies to enable this holistic revitalization are still materializing, we’re looking forward to improved neighborhoods throughout our city and appreciate Vectren being a catalyst for this endeavor.â€
About Vectren
Vectren Corporation (NYSE: VVC) is an energy holding company headquartered in Evansville, Ind. Vectren’s energy delivery subsidiaries provide gas and/or electricity to more than one million customers in adjoining service territories that cover nearly two-thirds of Indiana and west central Ohio. Vectren’s nonutility subsidiaries and affiliates currently offer energy-related products and services to customers throughout the U.S. These include gas marketing and related services; coal production and sales; and energy infrastructure services.
To learn more about Vectren, visit http://www.vectren.com.
Source: Vectren Corporation