Articles in regional publications that pertain to a wide range of North Carolina-related topics.
for Piedmont Natural Gas Co. (Charlotte)
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Beginning as an industrial sales engineer in the natural gas industry, John Maxhein is now head of Piedmont Natural Gas Company, the second largest such company in the Southeast, and one that has had dividend increases for 17 straight years.
The Transcontinental Gas Pipeline is a 1,800 mile system that brings natural gas from Texas all the way to New York, providing natural gas to various cities along the way. Piedmont Natural Gas Company of Charlotte manages the pipeline and gas facilities in North Carolina. This article discusses the expanding natural gas business in the state.
Organized in 1950, the Piedmont Natural Gas Company is hooked onto the Transcontinental Gas Pipe Line running from Texas to New York to bring natural gas to the Carolinas. In 1961, total assets were worth $45 million, and a $6 million expansion is underway for extended gas services in 1962.