Teco Energy unit backs Tampa Electric bid on Sebring plants
Sebring Utilities Commission endorsed Tampa Electric's plan to negotiate for the purchase of two generating plants including sites permits and assets. A five year power supply contract would be financed by a $37 million cash payment and fixed width guarantees subject to regulatory and board approvals. Separately Sebring invited bids for acquiring its entire electric transmission and distribution system with proposals due in January.
MENTIONED IN THIS ARTICLE
Teco Energy Inc
Sebring Utilities Commission
Tampa Electric
Commission
Sebring
Hsmn
Federal Energy Regulatory Commission
Governin Boards
Tampa Electric and
Total Electric Transmission and Distribution System
Tampa
Dominion Bank to close Industrial Park office in Bluefield
Dominion Bank will close its Industrial Park office on January 4 as traffic failed to justify keeping it open. Four staff will transfer to other branches in Bluefield or Pocahontas. The Lexington, Va., branch also closes for similar reasons, with routes redirected by the Route 460 bypass impacting customer flow.
MENTIONED IN THIS ARTICLE
Bluefield
Dominion Bank
Brenda L. McDaniel
Dominion
Lexington
McDaniel
Mixed market session as stocks waver on global worries
The New York market traded in a cautious, mixed tone amid international concerns and doubts about the Fed rate outlook. The Dow fell early then closed up 2.73 at 2629.46 as volume eased.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Eduard Shevardnadze
Bush
American firms cut 1991 investment plans in recession scare
American businesses plan a 0.4 percent real rise in 1991 for modernization, the smallest investment outlook in five years. The Commerce Department report notes the pessimism mirrors weak consumer sentiment and follows a 4.1 percent gain this year, with 1986 as a prior low when flood of foreign goods hurt expansion.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Allen Sinai
The
Boston Co
McGonagle Receives Special President's Award for Chamber Work
George McGonagle of the Greater Bluefield Chamber of Commerce received the chamber's Special President's Award on Thursday for his work on the Bowen Field renovation and a 190000 fund-raiser that helped keep the Baltimore Orioles minor league team in Bluefield. He also contributed to the Mountain Festival and other projects while praised for selfless service by executive director Nelson Walker. The chamber hosted a 123 person installation banquet at Fincastle Country Club and over 200 attended the Christmas Reception at the Bluefield Arts and Crafts Center.
MENTIONED IN THIS ARTICLE
George McGonagle
Greater Bluefield
Baltimore
McGonagle
Chamber
Nelson Walker
Daner
Baltimore A Club
Fincastle Country Club
Bluefield Arts and Crafts Center
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Wera
Dominion Xr
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Durant
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Tae Ewergon Electric
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