Word: paducah
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...been in the utility business since he became a clerk for the Electric Bond & Share Co. after his graduation from high school in 1922. Among other business connections, he is a vice president of Electric Energy, Inc., which is building a steam plant to supply the AEC's Paducah, Ky., installation. Yates, an engineer (Rutgers '02), worked for five years on two railroad tunnels under New York's East River, since 1911 has spent much of his time in the South. As vice president of Wendell Willkie's Commonwealth & Southern, he helped Willkie with the fight...
...Truman Administration negotiated power contracts for AEC plants in Paducah, Ky. and Pike County, Ohio with regional utilities (without calling for competitive bids) for the same basic economic reasons: as AEC's power requirements rise and fall, local power companies can supply the added demand by production in their other plants or can absorb excess power through their network to other customers in the area...
...next day, Swisher called Mitchell: K-25's employees were back at work. Twelve hours later, workers at a secondary plant in Paducah, Ky. were back on the job, and the first actual production strike in AEC history was over...
...decision against TVA stirred up a storm. AEC now buys its power from TVA. But by 1957, expanding AEC plants at Paducah, Ky. and Oak Ridge, Tenn. will need another 600,000 kilowatts of power, much more than TVA can supply. Instead of building up TVA to carry a bigger load, the Administration wants AEC to sign a 25-year contract with two big private-power outfits, Middle South Utilities, Inc., and the Southern Co. Together, the two plants would build a $107 million power and transmission plant at West Memphis, Ark., on the western edge of TVA territory, about...
Holifield introduced a letter from AEC chairman Lewis Strauss saying that two previous AEC-private-power contracts had cost far more than originally estimated. One plant built near Paducah cost $58 million more than estimates, with annual power charges $2,000,000 higher than expected; another built near Portsmouth cost $32 million above the estimates, with annual charges increased...