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NiSource Inc T.NI


Primary Symbol: NI

NiSource Inc. is an energy holding company. The Company operates through two segments: Gas Distribution Operations and Electric Operations. The Gas Distribution operations segment, through its wholly owned subsidiary NiSource Gas Distribution Group, Inc., provides natural gas to approximately 2.4 million residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 55,000 miles of distribution main pipeline plus the associated individual customer service lines and 1,000 miles of transmission main pipeline located in its service areas. The Electric Operations segment generates, transmits and distributes electricity through its subsidiary NIPSCO to approximately 0.5 million customers in 20 counties in the northern part of Indiana and is also engaged in wholesale electricity and transmission transactions. It has four owned projects: Rosewater, Indiana Crossroads Wind, Indiana Crossroads Solar, and Dunns Bridge I.


NYSE:NI - Post by User

Bullboard Posts
Post by robbieeon Feb 28, 2008 8:58am
309 Views
Post# 14562156

Workers Striking At BHP Billiton Columbia Nic

Workers Striking At BHP Billiton Columbia NicWorkers Striking At BHP Billiton Columbia Nickel Mine Posted on Wednesday, February 27, 2008 10:28 PM (RTTNews) - More than a thousand workers at BHP Billiton's Cerromatoso nickel mine in Columbia went on strike Wednesday night. The workers are demanding higher wages and a special premium tied to rising nickel prices, according to a union spokesman. Workers demanded an 11% pay raise and a premium of 15 million Colombian pesos ($8,100), according to the spokesman. The business produces 55,000 tons of ferronickel annually, comprising approximately 4 percent of the world's nickel. The strike is the second at the mine in the last decade, the previous stoppage resulting in a shutdown of production for four days.
Bullboard Posts