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MAGAZINE
June 2, 2002
As a former West Virginian, I was thrilled to read Peter Slavin's excellent article about Massey Energy Co.'s continuing devastation of West Virginia's mountains and its harassment of the citizens of the Big Coal River Valley ("Razing Appalachia," May 5). I am especially proud of Judy Bonds and other Coal River Mountain Watch folks who are fighting Massey's destruction of people's health and homes. The plight of West Virginia is no different from that of a Third World country that is exploited and polluted by outside interests.
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NATIONAL
April 7, 2010
Richmond, Va.-based Massey Energy Co. is the largest coal producer in central Appalachia, operating 47 underground and surface mines in Kentucky, West Virginia and Virginia. It was founded in 1920 as a coal brokering business and began mining operations in 1945. In 2009, Massey reported coal revenue of $2.3 billion and recorded net income of $104.4 million. Massey reported employment of 5,851 at the end of 2009. The company has repeatedly fended off organizing drives by the United Mine Workers of America and the union currently represents 76 Massey employees, union spokesman Phil Smith said.
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NATIONAL
January 18, 2008 | Judy Pasternak, Times Staff Writer
The country's fourth-largest coal producer, Massey Energy Co., has agreed to pay a landmark $20-million fine to settle federal charges that it repeatedly dumped dangerous amounts of mine waste and sediment into creeks and rivers in three Appalachian states over a seven-year period.
NATIONAL
April 6, 2010 | By David Zucchino
Brenda Willis rushed out of the One Stop food shop Tuesday wearing a "Route 3 Spousal Group" T-shirt and carrying an armful of sandwiches and cold drinks. "For the families of the lost ones," Willis said as she loaded the food into an SUV for delivery to families gathered at the Upper Big Branch mine office to learn the fates of the missing miners caught in Monday's explosion. Like virtually everyone in the string of unincorporated villages that dot Route 3 along the muddy Big Coal River, Willis knew several victims of the worst U.S. coal mine disaster since 1984.
NATIONAL
April 7, 2010
Richmond, Va.-based Massey Energy Co. is the largest coal producer in central Appalachia, operating 47 underground and surface mines in Kentucky, West Virginia and Virginia. It was founded in 1920 as a coal brokering business and began mining operations in 1945. In 2009, Massey reported coal revenue of $2.3 billion and recorded net income of $104.4 million. Massey reported employment of 5,851 at the end of 2009. The company has repeatedly fended off organizing drives by the United Mine Workers of America and the union currently represents 76 Massey employees, union spokesman Phil Smith said.
BUSINESS
June 9, 2000 | E. SCOTT RECKARD, TIMES STAFF WRITER
In a bold move, Fluor Corp. said it will separate its worldwide engineering and construction business from its Virginia coal-mining operations, a decision that boosted the company's lackluster stock price 10% Thursday. The Aliso Viejo company said the change would allow each operation to succeed by focusing better on independent growth strategies and allowing shareholders a clear choice of investing in both firms or in one industry. The company said it will create a new Fluor Corp.
NATIONAL
April 6, 2010 | By David Zucchino
Brenda Willis rushed out of the One Stop food shop Tuesday wearing a "Route 3 Spousal Group" T-shirt and carrying an armful of sandwiches and cold drinks. "For the families of the lost ones," Willis said as she loaded the food into an SUV for delivery to families gathered at the Upper Big Branch mine office to learn the fates of the missing miners caught in Monday's explosion. Like virtually everyone in the string of unincorporated villages that dot Route 3 along the muddy Big Coal River, Willis knew several victims of the worst U.S. coal mine disaster since 1984.
BUSINESS
December 13, 2000 | Dow Jones
Standard & Poor's said Tuesday that the new Fluor Corp. in Aliso Viejo will replace Massey Energy Co. on the S&P 500. The new Fluor is a spinoff from the old Fluor, which was renamed Massey. Fluor, which provides engineering, construction and other services, will trade under the ticker FLR. Massey, a Richmond, Va., coal company, will trade under the ticker MEE. After the spinoff next week, Massey Energy will replace American Freightways Corp. in the S&P SmallCap 600. FedEx Corp.
BUSINESS
March 6, 2001
Engineering and construction giant Fluor Corp. said Monday it will pay its first quarterly dividend--16 cents a share--since separating itself from the old Fluor company, which became coal mining operation Massey Energy Co. The new Fluor, based in Aliso Viejo, said in a news release that it will pay the dividend March 29 to holders of record on March 15. Fluor's stock gained $5.94 to close at $46.35 a share on the New York Stock Exchange.
BUSINESS
December 29, 2000 | Reuters
Fluor Corp., a worldwide construction and engineering company, said Thursday that it expects to take a charge of $13 million to $17 million in the last two months of the year for costs related to the split-up of the company. The charge, amounting to 17 cents to 22 cents a share, will be taken for the so-called stub period, the final months of its old reporting period as the Aliso Viejo company changes over to reporting results on a calendar-year basis. Its fiscal year had ended in October.
NATIONAL
January 18, 2008 | Judy Pasternak, Times Staff Writer
The country's fourth-largest coal producer, Massey Energy Co., has agreed to pay a landmark $20-million fine to settle federal charges that it repeatedly dumped dangerous amounts of mine waste and sediment into creeks and rivers in three Appalachian states over a seven-year period.
MAGAZINE
June 2, 2002
As a former West Virginian, I was thrilled to read Peter Slavin's excellent article about Massey Energy Co.'s continuing devastation of West Virginia's mountains and its harassment of the citizens of the Big Coal River Valley ("Razing Appalachia," May 5). I am especially proud of Judy Bonds and other Coal River Mountain Watch folks who are fighting Massey's destruction of people's health and homes. The plight of West Virginia is no different from that of a Third World country that is exploited and polluted by outside interests.
BUSINESS
June 9, 2000 | E. SCOTT RECKARD, TIMES STAFF WRITER
In a bold move, Fluor Corp. said it will separate its worldwide engineering and construction business from its Virginia coal-mining operations, a decision that boosted the company's lackluster stock price 10% Thursday. The Aliso Viejo company said the change would allow each operation to succeed by focusing better on independent growth strategies and allowing shareholders a clear choice of investing in both firms or in one industry. The company said it will create a new Fluor Corp.
BUSINESS
December 1, 2000 | Dow Jones
Fluor Corp.'s shareholders Thursday approved splitting the Aliso Viejo engineering, construction, consulting and mining company into two publicly traded firms. The company said in a press release that shareholders will get one share of the "new" Fluor for each share of existing Fluor stock and will retain their shares in existing Fluor, which is being renamed Massey Energy Co. The new Fluor shares will be paid Dec. 21 to shareholders of record at the close of business Thursday.
NATIONAL
October 10, 2002 | From Associated Press
LOGAN, W. Va.--A coal treatment plant reopened Wednesday, a day after a ruptured pipe spilled 100,000 gallons of coal slurry into two nearby streams, killing fish and raising concerns about the safety of the water supply. State environmental inspectors said Bandmill Coal Co., a subsidiary of Massey Energy Co., could open as long as workers continued cleanup efforts. By Wednesday afternoon, the spill had discolored the Guyandotte River.
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