Walter Energy
 | This article needs additional citations for verification. (August 2009) |
Natural Gas Anthracite | |
| Revenue |  $2.7 billion USD (2011) |
|---|---|
Number of employees | 4,400 (2011, including contractors) |
| Website | www |
Walter Energy, Inc. was a publicly traded "pure play"
Divisions
U.S.
The company's U.S. underground mines produced high-quality
The U.S. Division operates the Maple Coal and Gauley Eagle mines in West Virginia, and mines in South Wales in Britain. These mines were formerly owned by Western Coal Corp.
Walter Minerals, an Alabama-based surface coal producer with a capacity of nearly 1.5 million tons, which produces coal for the Alabama steam and industrial coal markets, also is included in the Company's U.S. operations.
Walter Coke, the company's fuel coke producer, manufactures coke for use in blast furnaces and foundries. The Birmingham, Alabama company was formerly known as Sloss Industries.
Canada and U.K.
Walter Energy's Canadian and European operations consist of three mines in British Columbia, Canada and a project in Wales at Aberpergwm, UK.
History
The company was formerly known as Walter Industries, Inc. and changed its name to Walter Energy in April 2009. The predecessor company was founded by Tampa entrepreneur the late James W. Walter Sr. in 1946[3] as a builder of affordable, stick-built homes across the southeast. It spun off Mueller Water Products in 2006, closed Jim Walter Homes in 2009, also spinning off Walter Investment Management Corporation in 2009.
2001 mine disaster
At approximately 5:15 p.m. on September 23, 2001, at the Jim Walter Resources No. 5 coal mine in Brookwood, 40 miles southwest of Birmingham, a cave-in caused a release of methane gas that sparked two major explosions, killing thirteen miners.[4]
References
- ^ "Coal miner Walter Energy files for bankruptcy". Reuters. 2015-07-15. Retrieved 2017-12-28.
- ^ Poe, Kelly. "Warrior Met Coal, the former Walter Energy, sets IPO range". AL.com. Retrieved 2017-12-28.
- ^ "Funding Universe (undated): WALTER INDUSTRIES, INC . Company History". Retrieved 2009-08-11.
- ^ "Death Underground". Archived from the original on 2014-10-11.