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AEP Shows $338M Profit

Ormet reduces output during rate dispute with power company

August 3, 2013
By CASEY JUNKINS - Staff Writer , The Intelligencer / Wheeling News-Register

MOUNDSVILLE - As Ormet Corp. nears a potential shutdown and liquidation because of an ongoing rate dispute with American Electric Power, the electricity company earned $338 million from April through June.

 
 
 

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