May 2011, Vol. 238 No. 5

In The News

Constellation To Supply Natural Gas, Market Analysis To Toyota

Constellation Energy has reached an agreement with Toyota Motor Engineering & Manufacturing, North America Inc. to provide integrated natural gas services and energy market analysis to Toyota facilities in the United States, Canada and Mexico.

Services includes natural gas supply, risk management, hedging and budget analysis, energy market monitoring, utility rate, invoice and pipeline transportation reporting, and monitoring relevant regulatory and legislative issues.

Mark Huston, managing director of Retail Energy for Constellation Energy, said, “Our umbrella of services gives customers such as Toyota a strategic advantage in managing costs, reducing price volatility and establishing a high level of energy price predictability.”

Constellation offers risk-management services to 14 Toyota facilities and gas supply to nine Toyota sites in North America. The locations include U.S. manufacturing sites in Alabama, Indiana, Kentucky, Missouri, Tennessee, West Virginia, Texas and Mississippi; the Toyota Technical Center in Ann Arbor, MI; Toyota Manufacturing Canada, Inc. in Cambridge and Woodstock; and Toyota Manufacturing de Baja California, Mexico.