PORT HURON, Mich., Sept. 17 /PRNewswire/ -- SEMCO ENERGY, Inc.
(Nasdaq: SMGS) today announced it has broadened its presence in the southern
region of the U.S. with the acquisitions of two construction companies and an
engineering firm that provide services primarily to natural gas and
The acquisitions of Flint Construction Co. of Lawrenceville, Ga.; Long's
Underground Technologies, Inc., of Lufkin, Texas; and Drafting Services, Inc.,
of Monroe, La., are in keeping with the Company's stated mission of aggressive
growth within its diversified division. The combined annual revenue from
these acquisitions was nearly $23 million for the last fiscal year.
William L. Johnson, Chairman and Chief Executive Officer of SEMCO ENERGY,
Inc., made the announcement.
"Each of these companies meets our key acquisition criteria by being
solid, profitable, well-managed enterprises with excellent reputations within
the industry. The addition of these companies to our diversified business
unit will add to our earnings and advance our goal of becoming one of the
largest providers of turnkey engineering and construction services in the
energy industry," he said.
Flint Construction Co., which has 225 employees, provides specialized
construction services for natural gas distribution companies and interstate
pipeline companies in the southeast.
Robert Good and Terry Fuller will continue as President and Vice President
of Flint Construction Company, respectively.
Long's Underground Technologies, Inc. provides construction services to
natural gas distribution companies and to telecommunications companies in
Texas. Paul Long remains as President and Chief Executive Officer of the 125-
Drafting Services, Inc., with eight survey crews and six drafters,
specializes in survey/drafting services to interstate pipeline companies. It
will become part of Maverick Pipeline Services, Inc. (MPSI), one of the
engineering firms operated by SEMCO ENERGY VENTURES, a subsidiary of SEMCO
Paul Devillier, President of Drafting Services, Inc., becomes Manager of
the Survey/Drafting Division of the MPSI Louisiana-based Pipeline Services
Flint Construction Co. and Long's Underground Technologies, Inc. also will
be operated by SEMCO ENERGY VENTURES, which acquires companies involved in gas
engineering, quality assurance services, pipeline construction services,
propane distribution, intrastate pipelines and natural gas storage.
SEMCO ENERGY VENTURES companies operate in various regions of the U.S.
SEMCO ENERGY, Inc., a diversified energy services and infrastructure company,
also has a natural gas distribution segment. SEMCO ENERGY GAS COMPANY
distributes natural gas to 250,000 residential, industrial and commercial
customers in Michigan's Upper and Lower Peninsulas.
SEMCO ENERGY, Inc. also is in the process of acquiring Anchorage, Alaska-
based ENSTAR Natural Gas Company and Alaska Pipeline Company. This
acquisition, announced in July, is expected to be completed by year-end 1999.
SOURCE SEMCO ENERGY, Inc.
CONTACT: Francis Lieder, 810-987-2200 ext. 4186, or Edric Mason, 810-987-2200, ext. 4104, or fax, 810-989-4098, both of SEMCO ENERGY