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Plant Sets A Record

PLEASANTVILLE ^ Record output by Atlantic Electric’s coal-rireB generating stations saved its customers an estimated $65 million in fuel costs during 1983, the company an nounced today. The company’s B.L. England generating fetation in Beesley's Point set an all-time output record of 2.86 billion kilowatt hours in 1983 The previous high of 2.74 billion ^kilowatt hours was set in 1977. The record output, which provided 44 percent of the

utility customer requirements for the year, came during the station's first lull year of operation following an extensive boiler rehabilitation program conducted in 1981 and 1982. The record generation also helped to reduce the company's dependence pn foreign oil:-Coal produced 62 percent of the electricity used in 1983 compared to 18 percent in 1973. By comparison. oil provided 21 percent of'the electricity used in 1983 compand to 64 percent in 1972.

business

Herald & Lantern 4 April *84

Billmeyer Horizon Executive

MORRISTOWN - Werner E. Klemmer. chairman and chief executive officer of Horizon Bank, has announced the appointment of James L. Billmeyer of Lower Township as executive vice president.

In his new capacity, Billmeyer wrfl oversee marketing and all retail area functions. Prior to this appointment, Billmeyer served as president and chief executive officer of Marine National Bank of

Wildwood, an affiliate of

Horizon Bancorp.

Billmeyer began his banking career with the Virginia National Bank of "Norfolk. He joined Princeton Bank, also a

Parking Space LEWES, DE. - A $977,000 contract ior expanion qf the parking lot of the Cape May-Lewes Ferry here has been awarded by the Delaware River and

Bay Authority.

Horizon affiliate, in 1970 and in 1974 was appointed vice president A Marine National Bank, where he later became president. ^ BILLMEYTER EARN-

The project, awarded to TUcon Delaware Inc., will increase the parking capacity from 550 to 800 vehicles. A new terminal building also is planned.

degree from Loras College in Dubuque, Iowa, and an MBA from Old Dominion •Uniyersity in Norfolk, Va. Horizon Bank, newly formed by the consolidation of American National Bank of Morristown and Northeastern Bank of Paramus, has 45 offices in northern New Jersey and assets of $1.1 billion. Horizon Bank is an affiliate of Horizon Bancorp, the fifth largest financial holding company in New Jersey.

ED his Bachelor of Arts To Get Bigger

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