Fire officials have informed Southern California Edison that SCE crews can begin fire damage assessment activities in Avalon as well as in the island's interior. Initial inspections reveal significant impact on the electricity infrastructure. Thirty to 40 power poles have burned in areas near Avalon, plus an unknown number in the interior, SCE officials said Friday.
Additional SCE personnel were being sent to the island Friday to augment the utility's Catalina crews. SCE personnel will work through the weekend assessing damage and beginning to rebuild the electricity grid. Until the initial damage assessment is complete, Edison officials said they will not have an estimated service restoration time.
Full restoration could take several days. About 250 of SCE electricity customers on the island, or 10 percent, are without service due to damage to the electrical system. There is no service in the island's interior, including Two Harbors.
But almost all SCE customers in Avalon continue to have power. The cause of the fire is under investigation. HARTFORD, Conn.
- The Thomson Corp., which has proposed paying more than $17 billion for
The agreement to sell Thomson Learning to two companies is seen as preparation for the company's blockbuster proposal to purchase Reuters. The deal, disclosed last week, would make Thomson-Reuters the world's leader in providing real-time data to traders and investment professionals. The transaction, expected to close in the third quarter of this year, is subject to regulatory approvals.
MOBILE, Ala. - German steelmaker ThyssenKrupp AG said Friday it will build a $4.19 billion steel plant in Alabama in a project that could create thousands of jobs.
Louisiana was the other finalist, and both states offered millions of dollars in tax breaks and other incentives to get the plant. Alabama Gov. Bob Riley celebrated the decision, saying a "project this size, with this amount of economic impact, comes along perhaps once in a generation.
" But a steelworkers union official said the plant could hurt the industry. "This project will only eat up U.S.
tax dollars and add unneeded domestic capacity," said United Steelworkers International vice president Tom Conway in Pittsburgh. "The last thing our industry needs is another mechanism to depress steel prices." The plant, set to open in 2010, would employ as many as 2,700 workers when fully operational and create as many as 38,000 related jobs ranging from suppliers to transportation to dining and entertainment, the company said.
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