Saturday, February 15, 2003

Tristate summary



From wire reports

Kroger orders up Kentucky catfish

Kentucky's cooperative that sells farm-raised catfish has reeled in its single largest order from the country's biggest supermarket chain, state Department of Agriculture officials said.

Cincinnati's Kroger Co. ordered 84,000 pounds of catfish to coincide with the observance of Lent, said Bob Zumwalt, general manager of the Purchase Area Aquaculture Cooperative in Graves County. The Kroger order consisted of 1,500 cases of fillets, 1,500 cases of nuggets and as many as 1,200 cases of whole fish.

The co-op processes 15,000 pounds of live weight a day, 40 percent of which is actual product, Zumwalt said. The co-op's plant can process as much as 25,000 pounds a day, he said. The co-op employs 43 people.

CG&E files for securities sale

Cincinnati Gas & Electric Co. filed with the Securities and Exchange Commission to sell as much as $300 million of unsecured debt securities and first mortgage bonds.

The utility, a unit of Cinergy Corp., will use the proceeds to fund general corporate expenditures, including debt repayment and construction costs, according to a registration statement filed with the SEC.



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