SOURCE: Industrial Info Resources

March 02, 2009 06:30 ET

CMS Energy Posts $61 Million Fourth-Quarter Profit and Plans $6.3 Billion in Capital Investments Over Five Years, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - March 2, 2009) - Researched by Industrial Info Resources (Sugar Land, Texas) -- CMS Energy Corporation (NYSE:CMS) (Jackson, Michigan) has reported a fourth-quarter 2008 profit of $61 million, compared with a $127 million loss in the same period of 2007. The loss in 2007 was the result of charges related to the sale of the company's international assets, as well as from the restructuring of some electric supply agreements. As part of our International Industrial Database, Industrial Info is tracking 32 active CMS Energy projects worth $3.29 billion. The projects range from $1.5 million maintenance outages to a $2.3 billion coal-fired unit addition.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=144237, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to powergroup@industrialinfo.com or visit us online at www.industrialinfo.com.

Related News Articles

Fluor Corporation Experiences Record Profits in 2008

Foster Wheeler Reports 27.9% Increase in 4Q08 Profit and Continues $59.72 Billion in Projects Worldwide

Mining-Equipment Supplier Bucyrus International Posts 6.2% Profit on Strong Sales

Contact Information

  • Contact:
    Joe Govreau
    713-783-5147