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Arch
Coal (NYSE: ACI) is an American coal mining and processing company. The company
mines, processes, and markets bituminous and sub-bituminous coal with low
sulfur content in the United States. Arch Coal is the second largest supplier
of coal in the U.S. behind Peabody Energy. The company supplies 16% of the
domestic market. Demand comes mainly from generators of electricity.
Arch
Coal operates 21 active mines and controls approximately 3.1 billion tons of
proven and probable coal reserves, located in Central Appalachia, the Powder
River Basin, and the Western Bituminous regions. The company operates mines in
Colorado, Kentucky, Utah, Virginia, West Virginia and Wyoming, and is
headquartered in St. Louis, Missouri.The company sells a substantial amount
of its coal to producers of electric power, steel producers and industrial
facilities.
Type Public (NYSE: ACI)
Industry Coal mining
Founded 1969 (founded)
1997
(current corporation)
Headquarters St. Louis, Missouri
Key
people Steven F. Leer,
Chairman/CEO
John
W. Eaves, President/COO
Products Coal
Revenue $ 4.2 billion (FY 2011)
Operating
income
$ 413.5 million (FY 2011)
Net
income
$ 142.6 million (FY 2011)
Total
assets
$ 10.2 billion (FY 2011)
Total
equity
$ 3.5 billion (FY 2011)
Employees 7,442 (February 2011)
Website
=www.archcoal.com
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Coal-Mac, Inc., Holden, WV
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Arch Coal, Inc. - St. Louis, MO
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