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Unisource Corp

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BUSINESS
July 14, 1995 | DAN MARGOLIS
Unisource Corp. announced it will expand its customer service operations next month and move them from Long Beach to Huntington Beach, creating more than 100 new jobs for Orange County. The wholesale paper distributor cited Huntington Beach's reputation as a safe city and the high number of professionals living in the area.
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BUSINESS
July 14, 1995 | DAN MARGOLIS
Unisource Corp. announced it will expand its customer service operations next month and move them from Long Beach to Huntington Beach, creating more than 100 new jobs for Orange County. The wholesale paper distributor cited Huntington Beach's reputation as a safe city and the high number of professionals living in the area.
BUSINESS
August 16, 1985
Phillip E. Erickson has been named executive vice president of Unisource Corp., Long Beach, a company that was created in April through the combination of two paper-distribution companies, Blake, Moffitt & Towne and Carpenter/Offutt.
NEWS
January 20, 2002 | JAMES FLANIGAN, TIMES SENIOR ECONOMICS WRITER
The collapse of Enron Corp., so far a political, legal and investor crisis, is now imposing widespread costs on the U.S. economy, according to a range of companies, energy experts and bankers. Electricity and natural gas companies are facing higher costs. Projects to build power plants, pipelines and transmission lines are being put on hold. And in all sections of the economy, companies with high debts are feeling the pinch of tighter credit.
BUSINESS
November 25, 2003 | From Reuters
A group of investors led by financial buyout firm Kohlberg Kravis Roberts agreed to take Arizona electric and gas utility UniSource Energy Corp. private by buying it for $853 million. The deal, which underlines the growing attraction of utilities' assets to private equity investors, will see the buyers taking on a little over $2 billion of UniSource's debt, valuing the whole transaction at $3 billion.
BUSINESS
July 7, 2007 | From Reuters
A San Francisco-based company said Friday that it planned to build the world's largest solar power farm near Fresno. The 80-megawatt farm will occupy as many as 640 acres and upon completion in 2011 will be 17 times the size of the largest U.S. solar farm, said Cleantech America, a privately held company. The farm will also be about seven times the size of the world's biggest plant and double the largest planned farm, both in Germany.
BUSINESS
June 19, 1999 | Times Staff and Wire Reports
AES Corp., the largest U.S. developer of power plants, is buying Los Angeles-based New Energy Ventures for $90 million in cash and stock to expand further into direct sales of electricity to large users. New Energy Ventures is owned by its senior managers and UniSource Energy Corp. of Tucson. New Energy Ventures, with revenue of $500 million a year, was formed in 1995 to buy power from producers and resell it in California and other deregulating U.S. markets; it was founded by Michael R.
BUSINESS
December 3, 2003 | James Flanigan
Want to know where you might invest these days? Just follow the electrons. Two of the most sophisticated investment firms in America announced deals within the last month to buy electric power companies. Other savvy investors, including Warren E. Buffett, also are interested in expanding their holdings in the electric utility industry. What should that tell you? After all the failure of recent years -- from the Enron Corp.
NEWS
January 26, 2001 | TIM REITERMAN, TIMES STAFF WRITER
Former Southern California Edison President Michael R. Peevey knows the rosy side of deregulation. He made millions of dollars by starting an energy service company and selling it to one of the nation's largest power generators in mid-1999. "It turned out well," Peevey acknowledged with a laugh. "I'm still an advocate of deregulation," he said Thursday. "But no doubt the California thing is flawed."
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