Dominion Plans Gas Pipeline across State

By reports, and wire | Tribune-Review/Pittsburgh Tribune-Review, July 1, 2008 | Go to article overview

Dominion Plans Gas Pipeline across State


reports, and wire, Tribune-Review/Pittsburgh Tribune-Review


Dominion Resources Inc., parent of Dominion Peoples Gas, hopes to construct a 280-mile natural gas pipeline from Greene County to Chester County. Joining Dominion in the pipeline project is Antero Resources, a Denver-based, privately held natural gas exploration production company, which said Monday it paid Dominion $552 million for drilling rights on 205,000 acres in the Marcellus Shale formation primarily in Western Pennsylvania and West Virginia. Dominion and Antero initially will commit to providing 500 million cubic feet per day of natural gas to the proposed Dominion Keystone pipeline, which would transport up to 1 million cubic feet of natural gas daily. Dominion will judge interest in the pipeline's capacity this summer.

Calgon workers nix deal

By a margin of more than 2-to-1, picketing workers at Calgon Carbon Corp.'s Neville Island plant on Monday rejected a labor agreement proposed by management during the weekend, said United Steelworkers Local 5032. With 37 opposing and 17 rejecting, most of the workers balked at the company's continued call for cuts to health and pension plan benefits. USW bargainers made no recommendation as to how members should vote, the union said. Nearly 60 workers have been locked out at the plant since Feb. 29, four weeks after their contract had expired. Calgon Carbon makes products used to purify air and water. Labor negotiations are supposed to resume today.

StarKist to be sold

Del Monte Foods Co. said Monday it will sell its seafood business, which includes the StarKist brand, to a South Korean company for $363 million as it focuses on higher margin produce and pet foods. Del Monte, which operates brands such as Contadina, Kibbles 'n Bits and 9Lives, said the divestiture will improve margins, eliminate a source of earnings volatility and reduce debt. In fiscal 2008, the seafood business generated about $560 million in sales. The sale to South Korea's Dongwon Enterprise Co. includes Del Monte's manufacturing operations in American Samoa; Manta, Ecuador; and certain StarKist manufacturing assets in Terminal Island, California and Guayaquil, Ecuador.

Entrepreneur awards

Western Pennsylvania companies swept seven of the eight categories in the 2008 Ernst & Young Entrepreneur of the Year awards for the Tri-State region on Friday. The seven winners and their categories are: Walter Dollard, president, and Michael Gunniers, principal of Premier Automation, Monroeville (Industrial/Retail Products); D. Raja, CEO of Computer Enterprises, Pittsburgh (Integrated Technology); Peter Michael DeComo, CEO of Renal Solutions Inc., Marshall (Healthcare); Inderpal Guglani, CEO of Guru.com, Pittsburgh (Business Services); Sean McDonald, CEO of Precision Therapeutics, Pittsburgh (Applied Sciences); Denise DeSimone, CEO of Advanticom Inc. …

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