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{{Infobox_Company | |
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company_name = Arch Coal, Inc. | |
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company_logo = [[Image:Arch_Coal_logo.png|175px]] | |
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company_type = Public ([[NYSE]]: [http://www.nyse.com/about/listed/lcddata.html?ticker=ACI ACI]) | |
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company_slogan = N/A | |
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foundation = 1969 (founded), 1997 (current incorporation) | |
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location = [[St. Louis, Missouri|St. Louis]], [[Missouri]] | |
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key_people = [[Steven Leer|Steven F. Leer]], Chairman/CEO<br/>[[John Eaves|John W. Eaves]], President/COO | |
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num_employees = 3,600 ([[2006]]) | |
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industry = [[Coal mining]]| |
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products = [[Coal]]| |
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revenue = $2.51 billion U.S (2005)| |
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homepage = http://www.archcoal.com/ |
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}} |
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'''Arch Coal''' is a [[United States]] [[coal mining]] and [[processing]] company headquartered in [[St. Louis, Missouri]]. The company mines, processes and markets [[bitumen|bituminous]] and sub-bituminous coal with low [[sulfur]] content in the eastern and western United States. |
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As of December 31, 2005, the company operated 21 active mines and controlled approximately 3.1 billion tons of proven and probable coal reserves, located in the Central Appalachia, the Powder River Basin, and the Western Bituminous regions.<ref>[http://finance.yahoo.com/q/pr?s=aci Yahoo! Finance profile]</ref> The company's operates mines in [[Colorado]], [[Kentucky]], [[Utah]], [[Virginia]], [[West Virginia]] and [[Wyoming]]. |
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Arch Coal claims to be the second largest supplier of coal in the United States, supplying a stated 12% of the domestic market. It sits just outside the Fortune 500 at position 691<ref>[http://money.cnn.com/magazines/fortune/fortune500/snapshots/2116.html Fortune 500 at cnn.com]</ref> |
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According to [[Forbes Magazine]] the Company sells substantially all of its coal to producers of electric power, steel producers and industrial facilities.<ref>[http://finapps.forbes.com/finapps/jsp/finance/compinfo/CIAtAGlance.jsp?tkr=ACI Forbes profile]</ref> |
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== History == |
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Arch Mineral Corporation was founded [[1969]] as a partnership between Ashland Oil (now [[Ashland, Inc.]]) and the [[H. L. Hunt|Hunt]] family of [[Dallas, Texas]]. Ashland Coal, Inc. was formed in [[1975]] as a [[subsidiary]] of Ashland Oil. |
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The present company was formed through the merger of Ashland Coal, Inc. and the privately held Arch Mineral Corporation in [[July 1997]]. |
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== References == |
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<references /> |
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== External links == |
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* [http://www.archcoal.com Official website] |
Revision as of 18:14, 5 October 2006
File:Arch Coal logo.png | |
Company type | Public (NYSE: ACI) |
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Industry | Coal mining |
Founded | 1969 (founded), 1997 (current incorporation) |
Headquarters | St. Louis, Missouri |
Key people | Steven F. Leer, Chairman/CEO John W. Eaves, President/COO |
Products | Coal |
Revenue | $2.51 billion U.S (2005) |
Number of employees | 3,600 (2006) |
Website | http://www.archcoal.com/ |
Arch Coal is a United States coal mining and processing company headquartered in St. Louis, Missouri. The company mines, processes and markets bituminous and sub-bituminous coal with low sulfur content in the eastern and western United States.
As of December 31, 2005, the company operated 21 active mines and controlled approximately 3.1 billion tons of proven and probable coal reserves, located in the Central Appalachia, the Powder River Basin, and the Western Bituminous regions.[1] The company's operates mines in Colorado, Kentucky, Utah, Virginia, West Virginia and Wyoming.
Arch Coal claims to be the second largest supplier of coal in the United States, supplying a stated 12% of the domestic market. It sits just outside the Fortune 500 at position 691[2]
According to Forbes Magazine the Company sells substantially all of its coal to producers of electric power, steel producers and industrial facilities.[3]
History
Arch Mineral Corporation was founded 1969 as a partnership between Ashland Oil (now Ashland, Inc.) and the Hunt family of Dallas, Texas. Ashland Coal, Inc. was formed in 1975 as a subsidiary of Ashland Oil.
The present company was formed through the merger of Ashland Coal, Inc. and the privately held Arch Mineral Corporation in July 1997.