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 quality - All News and Analysis
US power firms told to shape up in report into huge blackout
- 2004-04-05
OTTAWA AFP ? A report into last year's huge power meltdown in the United States and Canada called for stricter oversight and penalties for future errors by electricity firms blamed for blacking out 50 million people. The massive outage, triggered in the US state of Ohio last August, set...
Dereg sparks creation of electric transmission biz.(News)(deregulation of the electric power industry)
- 2003-11-10
Byline: JAY MILLER The deregulation of the electric power industry has created a new local business with a fair claim to the title of the world's largest, independent electric transmission company. On Oct. 1, GridAmerica LLC became what the industry calls a...
Independent Power Producers May Have Played Key Role in Largest U.S. Outage.
- 2003-11-05
By Jim MacKinnon, Akron Beacon Journal, Ohio Knight Ridder/Tribune Business News Nov. 5--They generate as much as a third of the nation's electricity. Yet, they do nothing to upgrade or maintain the aging and congested transmission system that carries electricity from their...
Midwest Power Grid Chief Defends Workers' Response to Outage.
- 2003-08-22
By Kevin Corcoran, The Indianapolis Star Knight Ridder/Tribune Business News Aug. 22--CARMEL, Ind. -- The chief of the Midwest's electrical grid Thursday defended efforts of workers in a control room here to gather information and issue warnings immediately before the largest ...
Independent System Operator for Midwest Power Grid Faces Scrutiny.
- 2003-08-19
By Kevin Corcoran, The Indianapolis Star Knight Ridder/Tribune Business News Aug. 19--The Carmel-based traffic cop for the Midwest power grid is facing increasing scrutiny over how fast it sounded the alarm before the largest blackout in North American history. ...
Ohio Utility Says Trouble Leading to Power Outage Perhaps Began Elsewhere.
- 2003-08-18
By Peter J. Howe, The Boston Globe Knight Ridder/Tribune Business News Aug. 18--Officials with the Ohio energy conglomerate and power grid that have been fingered as the probable source of last week's catastrophic power failures insisted late yesterday they were not ready...
FirstEnergy commits to Midwest ISO.(Brief Article)
- 2002-07-01
The Midwest Independent Transmission System Operator, Inc., Carmel, Ind., has signed a memorandum of understanding with FirstEnergy Corp. for FirstEnergy's transmission subsidiary to join the regional transmission organization RTO. The inclusion of FirstEnergy's American Transmission Systems, Inc. ATSI adds approximately 14,000 megawatts of...
FirstEnergy Commits to Midwest ISO; MOU Provides Flexibility to Develop an Independent Transmission Company
- 2002-05-22
Business & Energy Editors CARMEL, Ind.--BUSINESS WIRE--May 22, 2002 The Midwest Independent Transmission System Operator, Inc. announced today that it has signed a memorandum of understanding with FirstEnergy Corp. for FirstEnergy's transmission subsidiary to join the regional transmission organization RTO. The inclusion of FirstEnergy's American Transmission Systems,...
Have coal plants, and clean air too
- 2001-07-01
The Bush Administration's energy policy, which encourages coal- fired power production, seems to be contrary to recent actions by the US Environmental Protection Agency EPA, which will begin tough new regulations on emissions of particulate matter smaller than 2.5 microns (PM 2.5), as well as mercury (Fig 1). But judging...
Akron, Ohio-Based Power Company Tries for Regional Control.
- 1998-12-01
Knight Ridder/Tribune Business News Dec. 2 -- AKRON, Ohio -- One day, customers will be able to choose their electric supplier like their long-distance telephone service. The trick, though, will be making that happen without littering highways and streets with power lines from competing...
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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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