Printer Friendly

SOUTHERN CALIFORNIA GAS CO. CO-SPONSORS SEMINAR TO HELP FOREIGN BUSINESS INVESTORS MEET ENVIRONMENTAL REGULATIONS

 LOS ANGELES, March 25 /PRNewswire/ -- A major tenet of Southern California Gas Co.'s philosophy for bolstering the Southland's business and economic outlook will be addressed in a seminar for foreign business investors today from 3 p.m. to 5 p.m. at the Hyatt Regency Hotel in downtown Los Angeles. The seminar, "Helping the Foreign Investor Plan for Environmental Success" is being presented by American Business Resource, a Los Angeles business coalition.
 The Gas Co. is co-sponsoring the seminar and will participate in the panel discussion presentation. Specifically, Jim Monniger ?The Gas Co.'s senior market planner, will discuss strategies for assisting foreign investors in meeting air quality standards established by the South Coast Air Quality Management District.
 "The Gas Co. has participated in a number of studies to determine the reasons for business migration out of the state and we are aggressively involved in concrete efforts like today's seminar to bolster the business and economic outlook of Southern California and the state as a whole," Monniger said.
 "Our philosophy is twofold," he explained. "First, mitigate those factors driving business out of California. One specific way The Gas Co. is addressing this aspect is to help existing companies better understand the maze of environmental regulations and assist them in their compliance efforts.
 "Second, while retaining existing business, we also want to work to attract the foreign investor, with particular emphasis on the Pacific Rim region, which can provide further stimulus for technological advancements, growth and investment in Southern California," Monniger said.
 In addition to Monniger, other panelists at today's American Business Resource seminar are:
 -- Norman Shumway, a member of the California Public Utilities Commission and a former congressman, who will discuss how environmental regulation can be beneficial to sustained economic growth in California;
 -- Perry Tribolet, chief business retention economist, Southern California Edison Co., who will discuss "Business Opportunities for Environmentally Friendly Technologies";
 -- Cody Cluff, director, Business Retention, Economic Development Corp., who will outline how the EDC can help foreign investors in dealings with local authorities; and
 -- Dr. Jaswant Singh, senior vice president, Clayton Environmental Consultants, who will talk about the important role property assessment plays in successful investment.
 In addition to easing the burden of environmental and other regulations, The Gas Co. also believes increased federal funding of natural gas technologies could stimulate jobs and the availability of additional goods and services.
 The study, conducted by Foster Associates of San Francisco, specifically found that by the year 2000, an investment of only $20 million a year in Southern California could produce more than $1 billion worth of additional goods and services and, by the year 2010, add 30,000 new jobs.
 -0- 3/25/93
 /EDITOR'S NOTE: Interviews with Jim Monniger can be scheduled by calling the contact./
 /CONTACT: Michelle Bagley of Southern California Gas Co., 213-244-3030/


CO: Southern California Gas Company ST: California IN: UTI SU:

JL-KJ -- LA025 -- 9747 03/25/93 16:03 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Mar 25, 1993
Words:487
Previous Article:GERE, STONE, DAVIDOVICH AND LANDAU SET TO MEET AT 'INTERSECTION'
Next Article:ENVIROMINT FILES A NOTICE OF INTENT
Topics:


Related Articles
CLAYTON INDUSTRIES BURNS NEW PATH FOR CLEANER SKIES PASSING AIR POLLUTION TEST WITH FLYING COLORS
ENVIRONMENTAL PROTECTION AGENCY BESTOWS NATIONAL HONORS ON SOUTHERN CALIFORNIA GAS CO. FOR 'GREEN LIGHTS' PROGRAM
NATURAL GAS VEHICLES ARE CLOSE TO ZERO EMISSION STANDARDS, NEW STUDY REPORTS
CALIFORNIA'S FIRST NATURAL GAS VEHICLE PRODUCTION CENTER BEGINS FULL OPERATION
More Than 30,000 Regional Jobs Saved by Southern California Edison in 1996
The Gas Company Introduces its Clean Profits Workshops for Coin-Operated Laundry, Dry Cleaning Business Owners.
The Gas Company and California Earn National Awards For Energy Efficiency Programs; State of California and Utilities Earn ENERGY STAR(R) Awards From...
SDG&E and California Earn National Awards for Energy Efficiency Programs; State of California and Utilities Earn ENERGY STAR(R) Awards From the U.S....
California Builders Increase Construction of Energy-Efficient New Homes by 1,200 Percent.
California Builders Increase Construction of Energy Efficient New Homes by 1,200 Percent.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters