As the fourth largest coal company in the United States based on revenue and Central Appalachia’s largest coal company, Massey Energy produces, processes, and sells bituminous coal of steam and metallurgical grades, primarily of low sulfur content, through its 22 processing and shipping centers, called “resource groups,” many of which receive coal from multiple coal mines.
Massey currently operates 35 underground mines and 12 surface mines in West Virginia, Kentucky, and Virginia. Massey’s steam coal is purchased by utilities and industrial clients as fuel for power plants. Its metallurgical coal is used to make coke for use in the manufacture of steel.
A.T. Massey was originally incorporated in Richmond, Virginia in 1920 as a coal brokering business. In the late 1940’s, A.T. Massey expanded its business to include coal mining and processing. In 1974, St. Joe Minerals acquired a majority interest in A.T. Massey. In 1981, St. Joe Minerals was acquired by Fluor Corporation. A.T. Massey was wholly owned by Fluor Corporation from 1987 until November 30, 2000, when the Company completed a reverse spin-off, which divided it into the spun-off corporation, “new” Fluor Corporation, and Fluor Corporation, subsequently renamed Massey Energy Company, which retained the Company’s coal-related businesses.
More than 5,500 Massey members work in West Virginia, Kentucky, and Virginia.
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