"News" piece on Bangor Hydro-Electric Co.'s announcement last week that it may l
"News" piece on Bangor Hydro-Electric Co.'s announcement last week that it may lay off up to half of its 425 workers. Union members angered by job cuts and customers fed up with high rates have been sending e-mails to the Public Utilities Commission (PUC) urging it to investigate the company. Bangor Hydro, bought by a Canadian company called Emera Inc. for $205 million in October, is offering early retirement packages to 71 of its employees and by May will announce other eliminated positions, according to Carroll Lee, the company's president. The announcement of layoffs comes as the company tries to avoid an investigation into its management and books by the PUC. In January, after asking to increase rates for the fifth time in five years, the PUC said it would conduct a management audit.
Bangor Hydro-Electric Co, Employees, Dismissal of, Maine Public Utilities Commission
Goldfine, Rebecca, ""News" piece on Bangor Hydro-Electric Co.'s announcement last week that it may l" (2002). Maine News Index – Maine Times. 5970.