BNET Industries
Last Fiscal Year Sales:$37.5M
- Private
- US
Dow Jones Description
First Energy Corporation was established in 1977 and operates a full service petroleum storage terminal with a capacity of 453,000 barrels (19,026,000 gallons). The Products it stores are Low Sulfur Diesel Fuel, High Sulfur # 2 Fuel Oil and Kerosene. As a part of it's business First Energy sells these products direct to oil distributors throughout the Richmond market and also stores product for others. These include refiners, oil brokers, oil jobbers and public utilities.
President
Charles F. ParkerNumber of Employees 3
Peer Companies
NAICS Code Electric Power Distribution: 221122
News & Analysis
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firstenergy corp. and merger - All News and Analysis
NRG Energy Issues Required Notice to FirstEnergy That It Disapproves the Federal Energy Regulatory Commission Order Issued July 16 and Seeks Additional Information
Business Editors NRG Energy today informed FirstEnergy Corp. that it "disapproves" the "Order Clarifying Order" that was issued Tuesday by the Federal Energy Regulatory Commission in connection with NRG's intended purchase of certain generating assets from FirstEnergy. This notice is required by the terms of the Purchase and Sale...
Ohio, New Jersey Utilities Prepare to Merge.
By David DeKok, The Patriot-News, Harrisburg, Pa. Knight Ridder/Tribune Business News Nov. 2--The $10.7 billion merger of electric utilities GPU Inc. and FirstEnergy Corp. will take effect Wednesday following approval this week by the U.S. Securities and Exchange Commission. SEC approval...
Notice to GPU Shareholders of Exchange Ratio and Election Deadline; SEC Approves FirstEnergy Merger
Business Editors MORRISTOWN, N.J.--BUSINESS WIRE--Oct. 29, 2001 GPU, Inc.(NYSE: GPU) announced today that the U. S. Securities and Exchange Commission SEC has approved the merger of GPU and FirstEnergy Corp. (NYSE: FE) under the Public Utility Holding Company Act. This approval completes the regulatory approval process for the...
SEC Gives Final Approval to Merger of Ohio Utilities.(Originated from Akron Beacon Journal, Ohio)
AKRON, Ohio--Nov. 6--The lights are finally on for FirstEnergy Corp. Akron-based Ohio Edison Co.'s $1.6 billion acquisition of Independence-based Centerior Energy Corp. cleared its final regulatory hurdle Wednesday when the Securities and Exchange Commission gave its blessing to the deal....
FERC Order Approving FirstEnergy Merger Accepted
AKRON, Ohio--BUSINESS WIRE--Oct. 30, 1997--After reviewing yesterday's order by the Federal Energy Regulatory Commission FERC, Ohio Edison Company and Centerior Energy Corp. announced today they notified FERC that the provisions of the order are acceptable. The proposed merger of the companies will create a new holding company called FirstEnergy...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Charles F. Parker | President |
| Jimmy Brown | General Manager |
| William Stearns | Manager |
| John M. Pietruski | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Wesley M. Taylor | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| First Energy Corporation | President | Current |
| Organization | Position | Status |
|---|---|---|
| First Energy Corporation | General Manager | Current |
| First Energy Corporation | Manager | Current |
| Organization | Position | Status |
|---|---|---|
| First Energy Corporation | Manager | Current |
John M. Pietruski has served as Chairman of our board of directors since May 1990. Mr. Pietruski has served as President of Dansara Company, a private investment consulting firm, since 1988. He served as Chairman of the board of directors and Chief Executive Officer of Sterling Drug Inc., a pharmaceutical company, from 1985 to 1988 and as President and Chief Operating Officer from 1983 to 1985. Mr. Pietruski currently serves as a director of PDI, Inc., Xylos Corporation, and TrialCard Incorporated. Mr. Pietruski received a B.S. with honors in business administration from Rutgers University, where he graduated Phi Beta Kappa.
| Organization | Position | Status |
|---|---|---|
| Encysive Pharmaceuticals Inc. | Chairman | Current |
| Qdinformation | Board of Directors | Current |
| PDI Inc. | Director | Current |
| PDI, Inc. | Board of Directors | Current |
| First Energy Corporation | Director | Current |
| Trialcard | Board of Directors | Current |
| Sterling Drug | Chief Executive Officer | Former |
| Sterling Drug | President | Former |
| Dan & Sara | President | Former |
| Sterling Drug | Chief Operating Officer | Former |
| Sterling Drug | Chairman of the Board of Directors | Former |
| Lincoln Financial Group | Director | Former |
| Rutgers University | B.S. With Honors In Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| First Energy Corporation | Board of Directors | Current |
| FirstEnergy Corp. | Board of Directors | Current |
| Arch Coal, Inc. | Director | Current |
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