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
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,
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
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.
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SOURCE SEMCO ENERGY, Inc.
Web site: http: //www.semcoenergy.com
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: firstname.lastname@example.org ; or Paul Maxwell, Director of Public Affairs of Acheson Ventures, +1-810-966-0900, fax: +1-810-966-5161, e-mail: email@example.com