Progress Energy, Inc · Raleigh, NC United States · (NYSE: PGN)
Company Description
Phone: 919-546-6111
Fax: 919-546-2920
Rankings
- #288 in FORTUNE 500
- S&P 500
More Companies in: Raleigh, North Carolina
More Companies in These Related Industries: Solar Power Plants
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Without progress, millions of people would be without energy. Progress Energy provides electricity to 3.1 million customers. It serves customers in North and South Carolina, through utility Carolina Power & Light (dba Progress Energy Carolinas), and in Florida, through Florida Power (or Progress Energy Florida). The company generates most of its energy from nuclear and fossil-fueled plants and has a total capacity of more than 21,000 MW. In a move to refocus on its core retail and wholesale power businesses, in 2007 the company shut down its Competitive Commercial Operations unit and exited its synthetic fuels business, and in 2008 it sold its remaining coal mine and coal terminal services. To read the full description, subscribe now.
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Progress Energy, Inc Reports
Key Progress Energy, Inc Financials
| Company Type | Public - NYSE: PGN Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $9,167.0 |
| 2008 Employees | 11,000 |
Progress Energy, Inc Executives
56 executives listed for Progress Energy, Inc's Raleigh, NC location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | William Johnson | |
| SVP and CFO | Mark Mulhern | |
| VP Information Technology and Telecommunications and CIO | Dede Ramoneda |
Competition
Competitive Landscape for Progress Energy, Inc
Demand depends heavily on the health of the US economy, including corporate profits and local government budgets. The profitability of individual companies depends on accurate project bids and efficient operations. Large companies have advantages in their ability to engage in multiple projects simultaneously and in many types of construction. Small companies can compete effectively by specializing, working in a limited geography, or serving as subcontractors on larger projects. Average annual revenue per industry worker is $290,000. To read the full description, subscribe now.Top Progress Energy, Inc Competitors
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