More Layoffs Hit Coal Industry
Bankrupt coal producer Alpha Natural Resources says it has laid off an additional 93 miners in southern West Virginia due to the industry’s downturn. Bristol, Virginia-based Alpha announced Monday the immediate layoffs at Kingston Mining Inc.’s No. 1 and No. 2 mines and a processing plant in Fayette County. The company said in a statement the layoffs are due to tough market conditions that have dramatically reduced the demand for coal.