ALLETE, Inc. (NYSE: ALE)

30 W. Superior St.
Duluth, MN 55802-2093 (Map)
Phone: 218-279-5000
Fax: 218-720-2502
http://www.allete.com

Hoover's coverage by Stuart Hampton

Overview

ALLETE provides light to the northern climes. Most of its business is classified within its regulated operations, which include electric, gas, and water utilities located in northeastern Minnesota and northwestern Wisconsin. Those operations are conducted through subsidiaries Minnesota Power (about 146,000 customers) and Superior Water, Light and Power (37,000 electric, gas, and water customers). ALLETE's other segment includes coal mining operations, emerging technologies related to electric utilities, and a real estate business (large land tracts in Florida). Subsidiary BNI Coal operates a mine in North Dakota that supplies, primarily, two generating co-ops, Minnkota Power and Square Butte.

Key Numbers from Hoover's UK

Key financials for ALLETE, Inc. (NYSE: ALE)

Company Type Public (NYSE: ALE)
Fiscal Year-End December
2010 Sales (mil.) £586.3
1-Year Sales Growth 19.5%
2010 Net Income (mil.) £48.7
1-Year Net Income Growth 23.4%
2010 Employees 1,465
1-Year Employee Growth (0.6%)
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Key People from Hoover's UK

Key people and executives for ALLETE, Inc. (NYSE: ALE)

Chairman Donald J. (Don) Shippar
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Chairman, President and CEO Alan R. Hodnik
SVP and CFO Mark A. Schober
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Top Competitors from Hoover's UK

Top competitors of ALLETE, Inc. (NYSE: ALE)

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Industry Information from Hoover's UK

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Subsidiaries/Affiliates Covered By Hoover's UK

Subsidiaries/affiliates of ALLETE, Inc. (NYSE: ALE)

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Rankings from Hoover's UK

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