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Published: November 17, 2009 01:16 am    print this story  

Patriot Coal: Committed to safety

Company works closely with local community

By Jessica Legge Borders
Times West Virginian

FAIRMONT — When people flip on the lights in their homes or businesses, they may not realize where that electricity comes from or the process it goes through, said Janine Orf, director of investor relations for Patriot Coal Corp.

Patriot Coal has a vital role in providing power to the country.

“I think it’s critical to the U.S. because coal provides over half of electricity,” Orf said of mining. “It’s extremely important.”

Headquartered in St. Louis, Mo., Patriot is the fourth leading producer and marketer of coal in the eastern United States, she said.

Orf said Patriot Coal went public through a spin-off on Nov. 1, 2007, and is traded on the New York Stock Exchange. In July 2008, the corporation acquired Magnum Co., which almost doubled Patriot’s size in terms of tons of production.

Patriot Coal Corp. has almost 4,000 employees in the United States, and doesn’t have any operations outside of the country, she said. More than 75 percent of the company’s coal production is in West Virginia.



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Photos


Patriot Coal Corp.’s Federal No. 2 Mine in Fairview has approximately 500 employees and produces about 4 million tons of coal a year. PHOTO COURTESY OF PATRIOT COAL CORP./For the Times West Virginian (Click for larger image)



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