Algoma Central Corporation (TSE:ALC) will release the third quarter earnings for 2009 on Wednesday, November 4. The financial results will be posted on the company’s website on the Quarterly Reports page of the Investor Relations section at www.algonet.com/investor/quarterly_reports.htm.
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Algoma Central Corporation’s directors include Principal Officers President and Chief Executive Officer Greg Wight, and Chairman of the Board Radcliffe Latimer. Other directors include H. Michael Burns (Vaughan, Ontarion), Tim Dool, C.A. (St. Catharines, Ontario), E.M. Blake Hutcheson (Toronto, Ontario), Duncan Jackman (Toronto, Ontario, Chairman, President and Chief Executive Officer, E-L Financial Corporation Limited), Bruce Jodrey (Windsor, Nova Scotia, Chairman, President and Chief Executive Officer CKF Inc.), The Honourable Roy MacLaren P.C (Toronto, Ontario), Clive Rowe (New York, New York, Partner, SLS Capital), Harold Stephen (Mississauga, Ontario, Chairman and Chief Executive Officer, Stonecrest Captial Inc.), and William Vaughan B.C.L, Partner, Heenan Blaikie, LLP).
Algoma Central Corporation is a Canada-based company. The Company operates through four segments: domestic dry-bulk, product tankers, ocean shipping and real estate. The domestic dry-bulk segment includes the activities of the Company’s Canadian dry-bulk vessels, one tug and one self-unloading barge, and a ship repair and marine engineering business. The Company’s interest in ocean shipping consists of two entities, which includes Marbulk Canada Inc., which is 50% owned by the Company and 50% by CSL International Inc. The Company’s product tanker segment consists of six product tankers employed in domestic Canadian flag service and one product tanker employed in international trades. The real estate portfolio of the Company, which is owned and managed by Algoma Central Properties Inc. (ACP), includes investment properties located in the cities of Sault Ste. Marie, St.Catharines and Waterloo, Ontario.
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