News Releases

 
News Releases
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Feb 15, 2000
DULUTH, MN - The University of Minnesota Duluth, Minnesota Power, Inc. (NYSE: MPL) and Potlatch Corp. (NYSE: PCH) have launched a partnership to glean valuable natural compounds from birch bark in quantities never before ...
Feb 7, 2000
Indianapolis -- ADESA Corporation is acquiring the Mission City Auto Auction in San Diego and nearing completion of new auction facilities in Los Angeles, Concord, Massachusetts and Calgary, Alberta. ...
Feb 4, 2000
Minnkota Power Cooperative, Inc., has agreed to work with Minnesota Power, Inc. and Great River Energy to form an alliance to optimize about 4,000 megawatts of generation assets. The alliance will also combine the ...
Jan 18, 2000
Minnesota Power, Inc. has announced 1999 net income from operations of $104.2 million, excluding a non-cash charge (described below) of $36.2 million, resulting in reported net income of $68 million on r...
Dec 30, 1999
Minnesota Power, Inc. has exchanged 7.3 million shares of Capital Re Corporation (NYSE: KRE) common stock for 4.7 million shares of ACE Limited (NYSE: ACL) common stock plus $25.1 million in cash. The exchange of stock is the result of a revised merger announced...
Nov 24, 1999
Minnesota Power, Inc. has announced it will purchase Blandin Paper Company's steam and electric generating facilities located at the Blandin paper mill in Grand Rapids, Minnesota. ...
Nov 15, 1999
Great River Energy of Elk River, Minn. and Minnesota Power, Inc. have announced that they intend to combine power supply assets and customer loads for power pool operations. MPEX, a division of Minnesota...
Nov 12, 1999
Moody's Investors Service on Nov. 11 changed its rating outlook on Minnesota Power, Inc.'s securities to stable from negative. This outlook change reflects the improving performance and prospects of the company's automotive services, water and real estate businesses ...
Nov 10, 1999
Wisconsin Public Service Corporation (NYSE: WPS) and Minnesota Power, Inc. (NYSE: MPL) have filed an application with the Public Service Commission of Wisconsin (PSCW) to build and operate a $125 to $175...
Oct 18, 1999
Minnesota Power, Inc. (NYSE: MPL) today reported a 34 percent increase in 1999 third quarter net income compared to the same quarter last year. Net income was $34.5 million on quarterly revenue of $306.3 million versus $25.8 million of net income on $266.3 million of revenue a year ago. Earnings per share of Minnesota Power common stock were 5...
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