EVANSVILLE, Ind., Oct. 29 /PRNewswire-FirstCall/ -- Vectren Corporation
(NYSE: VVC) and United Utility Workers of America Local 175 reached a
tentative 4 year labor agreement on Friday evening, subject to a ratification
vote by the Union membership. Specifics of the agreement are not being
disclosed by Vectren and the Union at this time. The current agreement expires
on Monday October 31, 2005. The Utility Workers represent 155 Vectren
employees in the greater Dayton area.
"This is good news for our employees and their families as well as our
customers," said Vectren Vice President of Utility Operations Rick Schach.
"This agreement enables our well trained employees to continue providing the
service our customers expect as we enter the winter months."
About Vectren
Vectren Corporation is an energy and applied technology holding company
headquartered in Evansville, Indiana. Vectren's energy delivery subsidiaries
provide gas and/or electricity to over one million customers in adjoining
service territories that cover nearly two-thirds of Indiana and west central
Ohio. Vectren's non-regulated subsidiaries and affiliates currently offer
energy-related products and services to customers throughout the Midwest and
Southeast. These include gas marketing and related services; coal production
and sales; and utility infrastructure services. To learn more about Vectren,
visit http://www.vectren.com.
SOURCE Vectren Corporation
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Related links: http://www.vectren.com
CONTACT: Media - Mike Roeder 812-491-4143, mroeder@vectren.com, Investors - Steve Schein 812-491-4209 or sschein@vectren.com, both of Vectren Corporation
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