Patriot Coal shifts corporate headquarters to West Virginia

Patriot Coal (OTC Pink: PATCA), which recently shut two major coal mines in western Kentucky, said Jan 9 that effective Jan. 1, its operations office in Scott Depot, West Virginia, has also become the company’s corporate headquarters. 

“The move from St. Louis will accomplish dual objectives of reducing administrative costs and positioning the corporate headquarters in closer proximity to our mining operations and customers,” said Patriot President and CEO Bennett K. Hatfield. “The transition of corporate office functions began in November and is expected to be completed in the first quarter of 2015.”

The address of the new Patriot corporate headquarters is PO Box 1001, 63 Corporate Centre Drive, Scott Depot, West Virginia 25560.

Patriot Coal has been headquartered in St. Louis since it was spun off last decade from Peabody Energy (NYSE: BTU), another major coal producer based in St. Louis. The closure of the two western Kentucky mines has shifted the center of gravity for the company to West Virginia, with most of its operating mines located in the southern part of that state, and one, the big Federal No. 2 longwall mine, in the northern part of West Virginia.

Patriot Coal Corporation is a producer and marketer of coal in the eastern United States, with 8 active mining complexes in Northern and Central Appalachia. Patriot ships to domestic and international electricity generators, industrial users and metallurgical coal customers, and controls approximately 1.4 billion tons of proven and probable coal reserves.

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.