Energy

Duke Energy's nearly $1 billion investment with North Carolina suppliers strengthens American supply chains, local economies and the nation's energy future

As the nation approaches Independence Day, Duke Energy is investing in American suppliers to help power local economies, support customer value and build the energy infrastructure needed to serve growing communities.

articleDuke Energy Corporation (holding Company)June 30, 20264 min read/news/duke-energys-nearly-dollar1-billion-investment-with-north-carolina-suppliers-strengthens-american-supply-chains-local-economies-and-the-nations-energy-future
Duke Energy's nearly $1 billion investment with North Carolina suppliers strengthens American supply chains, local economies and the nation's energy future

About this update from Duke Energy Corporation (holding Company)

CHARLOTTE, N.C., June 30, 2026 /PRNewswire/ -- As the nation approaches Independence Day, Duke Energy is investing in American suppliers to help power local economies, support customer value and build the energy infrastructure needed to serve growing communities. By the numbers: Duke Energy spent nearly $1 billion with North Carolina-based suppliers in 2025, helping local businesses grow while securing the equipment and services needed to keep energy reliable for customers. Looking ahead, Duke Energy's continued investment in North Carolina suppliers could total nearly $5 billion over five years – supporting jobs, strengthening local economies and helping meet growing energy needs. Why it matters: More than 97% of Duke Energy's $17.2 billion in annual sourcing supports U.S.-based suppliers, helping sustain domestic manufacturing, reduce supply chain risk and keep critical equipment closer to home. These investments ready the grid for rising energy demand and bolster reliability. Go deeper: Duke Energy's supplier investments include transformers from GE Vernova in Goldsboro, N.C., gas turbines from Siemens Energy in Charlotte, N.C. and others. What they're saying: "Powering America's future starts with investing in the people, businesses and communities building it," said Katie Aittola, senior vice president of supply chain, real estate and chief procurement officer for Duke Energy. "By working with American suppliers, Duke Energy is helping deliver reliable service and value for customers while reinvesting customer dollars in the local economies we serve. These investments help ensure our teams have the equipment and materials they need, support American companies and skilled workers, and create a ripple effect that strengthens manufacturing, jobs and long-term growth in our communities." "North Carolina's business community is strongest when companies invest in one another," said N.C. Chamber President and CEO Gary Salamido. "Duke Energy continues to lead by example, directing nearly $1 billion to North Carolina-based suppliers in 2025 alone. Investments like these strengthen communities, support local businesses and reinforce the supply chains and partnerships that power North Carolina's growth." "We are proud to provide the critical transformers and other electrification equipment that enables Duke Energy to help the people of North Carolina thriv...

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