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East Valley business update

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Posted: Wednesday, December 29, 2004 10:47 am | Updated: 4:57 pm, Thu Oct 6, 2011.

December 29, 2004

East Valley business briefing

State, energy firm OK settlement

The state of Arizona and El Paso Corp. reached a settlement of over $70 million Monday after the attorney general’s office filed a lawsuit with allegations of the company manipulating gas prices.

The energy company said it will provide $43 million to conserve water in the state and to improve interstate pipeline service in Arizona.

It will also advance $30 million to the Arizona Pipeline Integrity program, pay up to $125,000 for an independent study to figure out how to diversify Arizona’s energy supply, and invest $250,000 in emergency training for state officials.

Other Arizona programs, such as the state’s lowincome energy assistance program, will receive grants totaling $3.4 million from El Paso, and it will also pay $2 million for Arizona’s attorney fees.

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ServiceElements OKs agreement

Scottsdale-based ServiceElements has signed a twoyear agreement with an East Coast aviation company to train their employees in customer service.

ServiceElements will design a customized program of workshops for Atlantic Aviation Flight Services employees that will address specific issues related to the company.

Atlantic Aviaton Flight Services provides executive aircraft charter and full management services. It has been in the aircraft business for more than 75 years, has more than 350 clients nationwide, and has 10 bases in eight states.

ServiceElements trains employees in the aviation, banking, hotel, restaurant, and technology industries.

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Enterprise zone comments sought

The Arizona Department of Commerce will receive comment on applications for enterprise zones in a public hearing on Thursday.

Mesa is under consideration for this proposed zone, which would offer tax incentives, encouraging businesses to create jobs in areas of economic distress.

This zone would contain about 7 square miles of west Mesa.

Four other zones are applying for renewal or boundary changes today: Graham County, Navajo County, Santa Cruz County, and Yuma County. Decisions on the applications will be announced by Jan. 7.

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