Arch Coal Downsizing
LOUISVILLE, Ky. (AP) – Arch Coal Inc. says it will scale back operations at two coal mining complexes in Kentucky and Virginia, trimming the work force by more than 100.
The St. Louis-based company said Friday the cutbacks will affect the Cumberland River and Hazard mining complexes.
Company spokeswoman Kim Link says the decision was due on “ongoing coal market challenges.”
She says the curtailed operations will cost about 110 jobs about 65 of them company positions and the rest contractor jobs not controlled by Arch.
The Cumberland River mining complex is in Letcher County in Kentucky and Wise County in Virginia. The Hazard Mining complex is in Perry County, Ky.
Link says those eligible workers who are laid off will be offered severance packages.
She says the two complexes still employ nearly 500 workers.
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