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Fresno company acquired by Chicago corporation

Fresno-based container maker Calpine Corrugated LLC has been acquired by Smurfit-Stone Container Corp., the Chicago-based company announced this week.

Smurfit-Stone acquired a 90% interest in Calpine Corrugated and will consolidate it into its operations in the third quarter of this year, according to a news release from Smurfit-Stone.

"The addition of Calpine Corrugated will significantly upgrade our West Coast production capabilities," Patrick J. Moore, Smurfit-Stone chairman and chief executive, said in a statement.

Chukchansi resort hotel tower set to open today

The Chukchansi Gold Resort & Casino today will open its newly built $100 million, 220-room hotel tower to the public.

The 11-story tower includes a 13,000-square-foot spa, indoor-outdoor pool with bar and an Italian restaurant, the Picayune Rancheria of the Chukchansi Indians, which owns the casino, reported in a news release. Construction of the 230,000-square-foot tower began in February 2007, after the tribe paid Madera County nearly $13 million in a settlement that ended the county's claim that it had jurisdiction over the project.

Proposed natural gas storage seeks state's OK

A $150 million underground natural gas storage facility proposed to be built about 25 miles west of Fresno has applied for approval from the state, and members of the public will have opportunities to give their views on the proposal.

Pacific Gas & Electric Co. and the Gill Ranch Storage LLC, a subsidiary of Northwest Natural Gas Co., in Portland, Ore., seek to build the 20 billion-cubic-foot storage facility in a depleted sandstone natural-gas reservoir more than a mile below the surface of the 5,000-acre Gill Ranch, which straddles the border of Fresno and Madera counties.

The California Public Utilities Commission will consider the application and publish information about public meetings where people can weigh in on the project.

Cooperative sets sights on Arizona's Pistachio Corp.

A&P Growers Cooperative, based in Tulare, has reached an agreement to purchase Tucson-based Pistachio Corp. of Arizona for an undisclosed amount.

"We had planned to expand our acreage in California," said Tom Johnson, the cooperative's president. "However, the current water situation is having a very negative effect on our operations. We would have preferred to expand locally, but until this water situation in California is resolved, it is not in our best interest to plant additional acreage in this state."

Jim Zion, managing partner of Meridian Nut Growers, said Pistachio Corp. of Arizona is the largest pistachio grower and processor in Arizona. He said he believes its reputation for quality and A&P's marketing strength should benefit both.

The Pistachio Corp. of Arizona represents 700 acres of pistachios plus a processing facility. A&P is a vertically integrated almond and pistachio grower and processor with more than 5,000 acres of trees and processing facilities in Lost Hills and Tulare. Meridian Nut Growers is a grower-owned sales and marketing company specializing in California dried fruits and nuts.