Florida City Gas, Teamsters Reach AgreementMay 12, 2005
ATLANTA--(BUSINESS WIRE)--May 12, 2005--Florida City Gas, a subsidiary of AGL Resources (NYSE: ATG) today confirms it has reached agreement on a new three year contract with the Teamsters Local 385 and 769. The employees covered by the Union contract will return to work on Monday, May 16 after a 39-day strike. The contract expires on March 31, 2008.
"On behalf of AGL Resources and Florida City Gas, we are pleased the parties were able to reach agreement," said Charles Rawson, vice president and general manager, Florida City Gas. "We look forward to welcoming our employees back to work on Monday. Excellent customer service, along with the safe and efficient delivery of natural gas to our 104,000 customers in the communities of Miami-Dade, Brevard, St. Lucie and Indian River counties, is our number one priority."
About AGL Resources AGL Resources (NYSE: ATG), an Atlanta-based energy services holding company, serves 2.3 million customers in six states through its utility subsidiaries - Atlanta Gas Light, Elizabethtown Gas in New Jersey, Virginia Natural Gas, Florida City Gas, Chattanooga Gas, and Elkton Gas in Maryland. A Fortune 1000 company that ranks number 46 in the Fortune gas and electric utilities sector, AGL Resources reported 2004 revenue of $1.8 billion and net income of $153 million. The company also owns Houston-based Sequent Energy Management, an asset manager serving natural gas wholesale customers throughout the East and Midwest. As a 70 percent owner in the SouthStar partnership, AGL Resources markets natural gas to consumers in Georgia under the Georgia Natural Gas brand. AGL Networks, the company's telecommunications subsidiary, owns and operates fiber optic networks in Atlanta and Phoenix. The company also owns and operates Jefferson Island Storage & Hub, a high-deliverability natural gas storage facility near the Henry Hub in Louisiana. For more information, visit www.aglresources.com.
About Florida City Gas Florida City Gas, a wholly owned subsidiary of AGL Resources (NYSE: ATG), serves approximately 104,000 residential and commercial natural gas customers in Florida's Miami-Dade and Brevard counties. For more information, visit www.floridacitygas.com.
CONTACT: AGL Resources, Atlanta Media Relations Nick Gold, 404-584-3457 Cell: 404-275-9501 ngold@aglresources.com
SOURCE: AGL Resources