Corporate Information
Corporate Info

Printer Friendly Version Print Version
SEMCO ENERGY, Inc. and Acheson Ventures Announce Agreement On New SEMCO ENERGY Port Huron Headquarters

FARMINGTON HILLS, Mich., Sept. 24 /PRNewswire-FirstCall/ -- SEMCO ENERGY, Inc. (NYSE: SEN) and Acheson Ventures today announced that a definitive agreement has been reached for SEMCO ENERGY to lease a new Company headquarters on Acheson Ventures-owned property along the St. Clair River in Port Huron.

The City of Port Huron was formally notified of the agreement today. The agreement calls for SEMCO ENERGY to occupy the new building by September 1, 2005.

Marcus Jackson, Chairman, President and Chief Executive Officer of SEMCO ENERGY, Inc., said the agreement will include the return of SEMCO ENERGY corporate offices to Port Huron.

"Among the primary considerations for SEMCO ENERGY was that the project be consistent with the long-term objectives of the Company," Jackson said. "At the same time, however, Acheson Ventures has proposed an exciting project to help rejuvenate the south side of Port Huron and SEMCO ENERGY is proud to have a role in this community effort."

James C. Acheson, founder of Acheson Ventures, said he was pleased to have SEMCO ENERGY join the Southside development project.

"The redevelopment of this former railway property has sparked renewed interest in downtown Port Huron. This project proposal meets the goal of becoming a regional destination, while evolving into a new mixed-use residential and commercial neighborhood." He said, "We welcome the opportunity to partner with SEMCO ENERGY and its employees."

Acheson Ventures is a development company formed by Port Huron businessman and philanthropist James C. Acheson. The project currently has more than a mile of Southside waterfront property under development.

The new SEMCO ENERGY headquarters will consolidate employees from the Company's Lapeer Road and Water Street facilities as well as the corporate staff.

SEMCO ENERGY, Inc. distributes natural gas to more than 367,000 customers combined in Michigan, as SEMCO ENERGY GAS COMPANY, and in Alaska, as ENSTAR Natural Gas Company. It owns and operates businesses involved in natural gas pipeline construction services, propane distribution, intrastate pipelines and natural gas storage in various regions of the United States. In addition, it provides information technology and outsourcing services, specializing in the mid-range computer market.

Web site: http: //
CONTACT: Francis R. Lieder, Jr., Manager of Corporate Communications & Media Affairs of SEMCO ENERGY, Inc., +1-810-987-2200, ext. 4186, fax: +1-810-989-4098, e-mail: ; or Paul Maxwell, Director of Public Affairs of Acheson Ventures, +1-810-966-0900, fax: +1-810-966-5161, e-mail:

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding SEMCO Energy's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.

©2006 SEMCO ENERGY, Inc., All Rights Reserved.