Nicor

Nicor
Disambiguation: Nicor is also Old English for water monster.
Nicor, Inc.
Type Public (NYSEGAS)
Industry Gas utilities
Founded 1953
Headquarters Naperville, Illinois, USA
Key people Russ M. Strobel, Chairman, CEO, & President
Revenue increase$3.374 billion USD (2007)
Operating income increase$207 million USD (2007)
Net income increase$135 million USD (2007)
Employees 3,900 (2007)
Website www.nicor.com

Nicor, Inc. (NYSEGAS) is an energy and shipping company headquartered in Naperville, Illinois. Its largest subsidiary, Nicor Gas, is a natural gas distribution company. Founded in 1954, the company serves more than two million customers in a service territory that encompasses most of the northern third of Illinois, excluding the city of Chicago. Nicor has 32,000 miles (51,000 km) of pipelines.

Nicor's next largest subsidiary is Tropical Shipping. Headquartered at the Port of Palm Beach, Florida, Tropical Shipping is one of the largest containerized cargo carriers in the Caribbean region and the Bahamas. Tropical Shipping operates a fleet of 11 owned vessels and also charters a number of vessels to provide flexibility as market conditions change. The company serves ports in the Bahamas, Virgin Islands, Cayman Islands, Dominican Republic, Eastern Caribbean and the Guianas.

AGL Resources announced its acquisition of Nicor in December 2010.[1]

See also

  • Fixed bill

References

External links and sources