|
1 CityPlace Dr., Ste. 300 St. Louis, MO 63141 MO Tel. 314-994-2700 Fax 314-994-2878 |
Type: Public
On the web:
http://www.archcoal.com
Employees:
4,700
Employee growth: 2.2%
What powers your power company? Perhaps Arch Coal. About half of the electricity generated in the US comes from coal, and Arch Coal is one of the country's largest coal producers, behind industry leader Peabody Energy. Arch Coal sold about 179 million tons of coal in 2010 from 23 mining complexes in the western US and Central Appalachia. It produces thermal (steam) coal used by electric utilities to produce steam in boilers and metallurgical coal used to make steel products. To store and ship its Appalachian coal, the company operates the Arch Coal Terminal near the Ohio River. In 2011 Arch Coal acquired rival International Coal Group for $3.4 billion, which hiked its coal reserves to 5.5 billion tons.
Key numbers for fiscal year ending December, 2010:
Sales: $3,186.3M
One year growth: 23.7%
Net income: $158.9M
Income growth: 276.7%
Officers:
Chairman and CEO: Steven F. Leer
President, COO, and Director: John W. Eaves
VP, Federal Government Affairs: Thomas Altmeyer
Competitors:
Alpha Natural Resources
CONSOL Energy
Peabody Energy
© 2012 Hoover's, Inc. All rights reserved.