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Industry Center - Industrial Metals & Minerals
Industry Center > Industrial Metals & Minerals > International Coal Group, Inc. Company Profile
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International Coal Group, Inc. Company Profile
International Coal Group focuses its energy on one nation, the US. The company produces coal from about 10 mining complexes in Northern and Central Appalachia (Kentucky, Maryland, and West Virginia) and from another in the Illinois Basin (in Illinois, strangely enough). International Coal Group produces low-sulfur steam coal, which is sold mainly to electric utilities, and metallurgical coal, which is sold to steelmakers. Steam coal accounts for two-thirds of the company's 950 million tons of coal reserves. International Coal Group was formed in 2004 when investor Wilbur Ross led a group that bought many of the assets of Horizon Natural Resources in a bankruptcy auction.
Headlines for International Coal Group, Inc.
Mover Of the Day: Arch Coal
at CNBC - Fri 7:12 pm ET
International Coal upgraded by Davenport
Briefing.com - Fri 11:24 am ET
W.Va. fines Massey, ICG for safety violations
AP - Thu 5:58 pm ET
Options Action: Moving on BJ's, Wells Fargo, Coal
at CNBC - Thu 3:36 pm ET
More Headlines...
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Contact Information
Address: 300 Corporate Centre Dr.
Scott Depot, WV 25560
Phone:304-760-2400
Fax:
Financial Highlights
Fiscal Year End:December
Revenue (2007):849.20 M
Revenue Growth (1 yr):(-4.80%)
Employees (2006):2,222
Employee Growth (1 yr):43.60%
Key People
Chairman: Wilbur L. Ross Jr.
President, CEO, and Director: Bennett K. (Ben) Hatfield
SVP Sales and Marketing: Philip Michael Hardesty
Industry Information
Sector: Basic Materials
Industry: Industrial Metals & Minerals
Top Competitors
Alpha Natural Resources, Inc. (anr)
Foundation Coal Holdings, Inc. (fcl)
Massey Energy Company (mee)
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