Central Maine Power Co. yesterday announced a restructuring aimed at the stabili

Source

Portland Press Herald

Date

1-12-1994

Pages

1A, 10A

Abstract

Central Maine Power Co. yesterday announced a restructuring aimed at the stabilization and eventual reduction of electric rates. The measures proposed include the layoffs of 225 employees, a reduction in spending and the sale of more surplus electricity. The layoffs, involving 10 percent of the current workforce, will be the largest in the utility's history. Details.

Subjects

Central Maine Power Company

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