Arch Coal was created from the 1997 merger of Ashland Coal, Inc. and Arch Mineral Corporation.
Ashland Coal was formed in 1975 as a subsidiary of Ashland Oil. Arch Mineral Corporation was founded in 1969 through a partnership of Ashland Oil and the H.L. Hunt family.
Today Arch Coal is one of the largest coal producers in the United States, with 140 million tons of coal sold in 2013 from 22 mining complexes. The company also produces steam coal used by electrical utilities to produce steam in boilers and coal used to make steel products.
Arch Coal trades publicly on the New York Stock Exchange under the ticker symbol ACI, is a member of the S&P 600, is a member of the Russell 2000, is #695 in the Fortune 1000, has 5,350 employees, and had $2.84 billion in revenue in 2013.
Arch CoalArch Coal was created from the 1997 merger of Ashland Coal, Inc. and Arch Mineral Corporation.
Ashland Coal was formed in 1975 as a subsidiary of Ashland Oil. Arch Mineral Corporation was founded in 1969 through a partnership of Ashland Oil and the H.L. Hunt family.
Today Arch Coal is one of the largest coal producers in the United States, with 140 million tons of coal sold in 2013 from 22 mining complexes. The company also produces steam coal used by electrical utilities to produce steam in boilers and coal used to make steel products.
History
Arch Coal trades publicly on the New York Stock Exchange under the ticker symbol ACI, is a member of the S&P 600, is a member of the Russell 2000, is #695 in the Fortune 1000, has 5,350 employees, and had $2.84 billion in revenue in 2013.