FirstEnergy Looks to Shale Energy to Lead a "Manufacturing Renaissance"
FirstEnergy Corp. believes demand for power may increase quickly in the near future if shale gas development from the Marcellus and Utica shale spark a “manufacturing renaissance.” Chief Financial Officer James Pearson recently told analysts that he thinks that the manufacturing and industrial industries may grow at far greater rates than in the past because of the economic development potential of the Marcellus and Utica shale.