DailyTimeCapsule brief
September 2, 1987
On September 2, 1987, Midland Co-Generation announced the selection of a new Chief Executive, marking a significant moment for the company as it aimed to strengthen its leadership amid a growing interest in alternative energy solutions. This was during a time when America was increasingly focused on energy independence and exploring various energy sources, including co-generation as a means to utilize natural gas more effectively. Globally, the late 1980s were characterized by the Cold War's ongoing tensions, economic challenges, and a rising movement towards deregulation in various sectors, particularly under the influence of conservative economic policies emphasizing free-market principles. The business sector was adapting to these changes with an eye towards innovation and efficiency.
Key developments
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On the announcement dated yesterday, Rodney Boulanger was appointed as the new president and chief executive of Midland Co-Generation Venture. This limited partnership was formed earlier in January 2023 by Consumers Power Company, the largest utility provider in Michigan, and Dow Chemical Company. The partnership aims to enhance energy production and efficiency in the region, aligning with the growing demand for sustainable energy solutions.
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