This is an archived article that was published on sltrib.com in 2016, and information in the article may be outdated. It is provided only for personal research purposes and may not be reprinted.
The following coal-producing companies are only a portion of those who have filed for bankruptcy:
• Walter Energy Inc., July 13, 2015.
• Alpha Natural Resources Inc., August 3, 2015.
• Arch Coal Inc., January 11, 2016.
• Patriot Coal Corp., May 12, 2016.
• And now Peabody Energy Corp., April 13, 2016.
Businesses which produce more than 25 percent of all coal production are now in bankruptcy. Only the great leaders of the state of Utah can believe this is an industry to invest in.
Please, let's find better leaders. They can't be that hard to find.
Steve Vance
South Jordan