Blaschak Coal sets another sales tonnage record in 2014

For five years in a row, Blaschak Coal Corp., one of the country’s top anthracite producers, has achieved record sales tonnage, with coal sales of 374,000 tons in 2014 – up 16.5% from the previous year and 12% ahead of its annual sales forecast.

Sales expectations were exceeded in every major market served by Blaschak, the company noted in a Jan. 12 statement.

“We are very pleased with the sales numbers achieved this past year,” said Greg Driscoll, president and CEO of Blaschak Coal. “In particular, our business has been benefiting from the extreme winter weather in early 2014, current improvements in coal prices after a two-and-a-half year decline, as well as increased demand for Pennsylvania anthracite from export markets. This continued growth is testimony to our focus on consistent quality of product and commitment to do all we can to satisfy our customers’ requirements. We are optimistic about maintaining a steady growth trajectory in 2015.”

Since its acquisition by Milestone Partners in 2009, Blaschak has acquired a new mine site and processing plant in Lattimer, Pa., as well as expanded investments to upgrade its mining, processing, packaging and distribution. The company has the current capacity to produce one million run-of-mine tons of anthracite, and its processing capability yields up to 450,000 prepared tons annually.

Based in the heart of coal country in Northeastern Pennsylvania, Blaschak sits atop one of the largest known anthracite fields in North America. Blaschak Coal said it is one of the few fully integrated U.S. anthracite companies with a large reserve base, multiple mines and preparation plants, a bagging plant, both rail and truck loading facilities, and extensive marketing operations serving a wide range of end markets, including home heating, steel and water filtration.

About Barry Cassell 20414 Articles
Barry Cassell is Chief Analyst for GenerationHub covering coal and emission controls issues, projects and policy. He has covered the coal and power generation industry for more than 24 years, beginning in November 2011 at GenerationHub and prior to that as editor of SNL Energy’s Coal Report. He was formerly with Coal Outlook for 15 years as the publication’s editor and contributing writer, and prior to that he was editor of Coal & Synfuels Technology and associate editor of The Energy Report. He has a bachelor’s degree from Central Michigan University.