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Home > Company Index > Utilities > Diversified Utilities > ALLETE, Inc.
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ALLETE, Inc. |
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NEWS FROM THE WIRES |
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More wind power projects under way Aug 21 2001 10:59 AM PDT
Heat wave boosts Sleeman Breweries Q2 profit Aug 08 2001 06:30 AM PDT
> More WIRE STORIES about this company
NEWS FROM THE STANDARD |
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Commerce One, SAP to Build Energy Exchange
Aug 09 2000 07:21 PM PDT
PROFILE |
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Like Gov. Jesse "The Body" Ventura, ALLETE (formerly Minnesota Power) has wrestled together a diverse constituency. Its utility, Minnesota Power (44% of sales), delivers electricity to 144,000 residential and industrial customers in Minnesota and Wisconsin and has a generating capacity of 1,500 MW, primarily coal-fired. It also markets wholesale power in Canada and the US Midwest. ALLETE's automotive operations (41% of sales) include one of North America's largest vehicle auctioneers, ADESA; used vehicle transporter Great Rigs; and dealership creditor Automotive Financing. Other subsidiaries serve water and natural gas customers in Florida, North Carolina, and Wisconsin, and sell Florida real estate.
COMPETITION |
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STOCK ANALYSIS |
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FURTHER ANALYSIS
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 1,331.90
1-Yr. Sales Growth: 17.7%
Employees: 13,000
Revenue per employee: $102,453.85
KEY PEOPLE |
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Edwin L. Russell
CEO
David G. Gartzke
CFO
CONTACT INFO |
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30 W. Superior St.
Duluth, MN 55802
US
Phone: 218-722-2641
Fax: 218-723-3974
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.
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