News Sections
Audio
Sunrise Coal Mine Announces Reduction In Workforce
Updated July 28, 2015 2:59 PM | Filed under: Business
 Print    Archive    RSS
coal mine.jpg

(CARLISLE) - Hallador Energy Company, owner of the Sunrise Coal Mine in Carlisle, has announced a reduction in workforce at the Carlisle Mine involving 175 employees, effective Monday.

Explaining the need for this action in a press release issued early Monday morning, the company said, "2015 brought mild weather and a glut of low-priced natural gas. Most of our customers were surprised by these conditions and purchased too much coal for 2015. In an effort to assist our customers balance their current needs and to secure long-term fuel supply, we agreed to modify several of our contracts."

According to the news release, "Production at our Carlisle Mine will be decreased. For the next couple of years, we expect Oaktown to represent more than 90 percent of our production.

"A large number of our employees will transfer from Carlisle to Oaktown.

"Unfortunately, a reduction in force of 175 employees is necessary, effective today (Monday).

"We thank these employees for their service and dedication."

Hallador is headquartered in Denver, Colorado, and through its wholly owned subsidiary, Sunrise Coal, LLC, produces coal in the Illinois Basin for the electric power generation industry.



« Previous Article
Next Article »

 Print    Archive    RSS

Have a question or comment about a news story? Send it to comments@wbiw.com

Advertise with 1340 AM WBIW
Find more about Weather in Bedford, IN
Advertise with 1340 AM WBIW


1340 AM WBIW, Bedford's Place To Talk. Serving Lawrence and surrounding counties since 1948!

© 2018 Ad-Venture Media, Inc. All Rights Reserved.   WBIW.com and Listen Live Powered by HPC

Advertise  |  Careers  |  Contests  |  About  |  Feedback  |  Public File