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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.
In late 2003, the company acquired 30 million tons of surface reserves and established Republic Energy Company.
During 2004, Massey purchased approximately 36 million tons of reserves controlled by Horizon Natural Resources Company near Cannelton, West Virginia. The property is now operated as Massey’s Mammoth Coal operation.
Additionally in 2004, Massey announced a joint venture with Penn Virginia Resource Partners to operate coal-handling facilities.
Today, Massey produces, processes, and sells bituminous coal of steam and metallurgical grades, primarily of a 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.
