ALLETE Subsidiary Expands Vehicle Salvage Business Duluth, Minn.- ALLETE, Inc. (NYSE: ALE) announced today that its total loss vehicle business, ADESA Impact, has purchased Sadisco East, a salvage vehicle auction located in Clayton, N.C. Sadisco East serves insurance companies and total loss
'Enventis Telecom' Is New Name for MP Telecom, Enventis (Duluth, Minn.) – ALLETE, Inc. (NYSE: ALE) announced today that it intends to merge its telecommunications business, MP Telecom, and its network services business, Enventis. The combined operation will be known as Enventis Telecom and will
Electric Odyssey Closes Duluth Store (Duluth, Minn.) — Electric Odyssey, a business of Minnesota Power, announced today that it has closed its retail store at Miller Hill Mall in Duluth, Minn. The Electric Odyssey, which sold electric-related products, operated two retail stores besides its Duluth
ALLETE Increases Dividend on Common Stock ALLETE, Inc.’s (NYSE: ALE) Board of Directors has declared a quarterly dividend on the company’s common stock. A dividend of 27.5 cents per share of common stock was declared by the board. On an annual basis the dividend is equivalent to $1.10 per share, an
ALLETE Posts Solid 2001 Results (Duluth, Minn.)--ALLETE, Inc. (NYSE: ALE) today announced earnings, before one-time events, of 37 cents per share for the fourth quarter of 2001, compared with 27 cents for the same period last year. Excluding the one-time events, annual earnings per share were
Gartzke Named ALLETE Chairman, CEO (Duluth, Minn.) -- David Gartzke, president of ALLETE, Inc., was named chairman and chief executive officer today, announced Nick Smith, chair of the executive committee of ALLETE's Board of Directors. Gartzke will retain the title of president.
Rapids Power Reschedules Certificate of Need Prehearing Conference (Grand Rapids, Minn.)--Rapids Power LLC has asked the Administrative Law Judge to reschedule the Certificate of Need pre hearing conference for later this spring. This request was made to enable Rapids Power to further engineer,
Florida Water Services Expands Sale Discussions DULUTH, Minn.-- ALLETE, Inc. (NYSE: ALE) announced today that its subsidiary, Florida Water Services, will begin discussions with additional parties interested in purchasing Florida Water's assets. Florida Water Services had been under an agreement to
ALLETE Schedules Fourth Quarter Earnings Release and Conference Call DULUTH, MN – ALLETE, Inc. (NYSE:ALE) will announce its financial results for 2001 and for the quarter ended December 31, 2001 before the market opens on Thursday, January 24, 2002. Following the release, ALLETE President David
Jeronimus Named Minnesota Power Senior Vice President (Duluth, Minn.)—Minnesota Power, an ALLETE company (NYSE: ALE), has named Dave Jeronimus senior vice president of environmental services. Jeronimus is responsible for developing policies and programs to ensure Minnesota Power’s compliance with