Tests Complete at Minnesota Power’s Newest Generating Unit Minnesota Power, an ALLETE business (NYSE: ALE), has completed successful testing of it’s new generating unit at Potlatch Corporation’s pulp and paper mill in Cloquet, Minnesota. Pending approval of test results from the Mid-Continent Area
ALLETE Properties and Grosse Point Development Company Finalize Real Estate Transaction FORT MYERS, FLORIDA - June 22, 2001- ALLETE Properties, Inc. has completed the sale of its interest in Tarpon Point Marina and surrounding 150 acres of development property in Cape Coral, Florida to the Grosse
Minnesota Power Partners with Habitat for Humanity-Duluth DULUTH, MN - June 19, 2001 - Through a unique partnership, Minnesota Power and the Duluth chapter of Habitat for Humanity are proposing to construct ten new Duluth housing units that are affordable and highly energy efficient.
Minnesota Power's Telecom Subsidiary "Makes Waves" In Minnesota (Duluth, MN)-MP Telecom, the telecommunications subsidiary of Duluth, Minnesota-based Minnesota Power-an ALLETE business (NYSE: ALE)-has significantly expanded its fiber optic bandwidth capacity and geography throughout Minnesota.
Minnesota Power and Railroad Enter Long-Term Service Contract (Duluth, MN)--Minnesota Power, an ALLETE business (NYSE:ALE), and The Burlington Northern and Santa Fe Railway Company ("BNSF") have entered into a ten-year agreement for transportation of coal to Minnesota Power's generating station
Minnesota Power and Cleveland-Cliffs Make Joint Purchase Offer for LTV Mining Company Assets (Duluth, MN)--Minnesota Power, a business of ALLETE, Inc. (NYSE:ALE), and Cleveland-Cliffs announced today that they have submitted a bid to acquire all of the assets of LTV Steel Mining Company in
ADESA Corporation Acquires I-44 Auto Auction INDIANAPOLIS, IN. – ADESA Corporation, North America’s fastest growing wholesale vehicle remarketing services company, announced today that it has acquired the I-44 Auto Auction in Tulsa, Oklahoma from founding president, Dub Enlow.
Schober and Vizanko Elected Vice Presidents at ALLETE Schober and Vizanko Elected Vice Presidents at ALLETE ALLETE has announced that two of its officers, Mark A. Schober and James K. Vizanko, have been elected vice presidents by the company's board of directors.
ALLETE Reports Solid First Quarter Earnings ALLETE (NYSE: ALE) today announced earnings of 46 cents per share for the first quarter of 2001, compared to 43 cents for the first quarter of 2000. Net income was up 8 percent to $32.9 million on quarterly revenue of $413.0 million, compared to $30.4
National Financial Magazine Highlights ALLETE Better Investing magazine has chosen ALLETE (NYSE: ALE) as its “Stock to Study” in its May, 2001 issue. The magazine will be available on newsstands nationwide beginning April 17, and is also mailed directly to members of the National Association of