Posted on 09/18/2012 5:55:35 AM PDT by Timber Rattler
Coal producer Alpha Natural Resources said Tuesday it's cutting production by 16 million tons and eliminating 1,200 jobs companywide, including 400 with the immediate closing of eight mines in Virginia, West Virginia and Pennsylvania.
The mine shutdowns start Tuesday, while the rest of the layoffs will be completed by the end of the first quarter after Alpha fulfills current sales obligations, Chief Executive Officer Kevin Crutchfield said. In all, the layoffs amount to nearly a tenth of Alpha's 13,000-person work force.
Alpha said it is closing four mines in West Virginia, three in Virginia and one in Pennsylvania. They are a mix of deep and surface mines. All the mines being closed are non-union operations.
(snip)
Crutchfield called it "a difficult day," but said the shutdowns and layoffs are a necessary part of ensuring Alpha survives in what has become a difficult U.S. market, where coal companies face a dual challenge: Power plants are shifting to cheap, abundant natural gas, while companies like his face "a regulatory environment that's aggressively aimed at constraining the use of coal."
(Excerpt) Read more at wvva.com ...
Rockefeller and Manchin must be leaping in joy at this news.
Only bright spot in this is that hopefully there are 1200 more votes for Romney.
Don’t count on it. Before he was put in the White House obama said what he was going to do to the coal industry. They still voted for him.
No, they didn't.
Thank you, Corrupt Obummer, you filthy commie pig. You said in 2008 you wanted to put coal companies out of business and this is one campaign promise you are making good on.
Let’s see how the voters in VA, WV, and PA respond—more “change” with no hope? Or are you ready to throw the Kenyan Fraud onto the street, along with Moochelle the grifter?
He’s just doing more work for the middle class. /s
The coal companies may be very smart Romney(gop) voters. Lay off the workers just before the election and the voters will react. Now if every small business lays off just one worker that would REALLY raise the unemployment rates. Unfortunately they need all their workers.
I live in coal country in Southern Illinois. People are Democrats before they are anything else. They’ll vote for Satan if he has a D next to his name. I find it insane.
And still the stupids of W.Va will vote for the magic negro
I wonder how many of these people originally voted for “Hopey Changie Dork”
and how many will still think it is the EEEEVIIIIIL corporations that are causing them to lose their job
Unlike FL, WV voted for McNut in '08 and will not vote for Zer0 in Nov.
Manchin?
Rockafeller?
GOD help us
...and this has what to do with the election of the magic negro?
You made an incorrect statement in your original post. Man up and admit it.
I stand corrected. It makes me feel better. Thank you.
I do not think I did,
I was born in Huntington and am aware of how the unionists there are.
First effects of the closing of 33,000+ MW of (mainly) coal fired power plants between now & the end of 2016?
How many more jobs in mining, transportation, generation, and related support industries is Obama going to have the EPA curtail?
Helps if I post to the right person.
First effects of the closing of 33,000+ MW of (mainly) coal fired power plants between now & the end of 2016?
How many more jobs in mining, transportation, generation, and related support industries is Obama going to have the EPA curtail?
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