News Artcle

New gloom for coal: Arch files for bankruptcy

Published January 11, 2016

Cheyenne, Wyo. • The beginning of bankruptcy proceedings for the nation’s second-biggest coal company cast another dark cloud over the economy of Wyoming and other states in the top coal-producing region. St. Louis-based Arch Coal Inc. says its Chapter 11 filing won’t affect employee pay or benefits while the company reorganizes its debt. The company says the bankruptcy process will not result in mine closures or layoffs, and coal deliveries will continue without interruption. Arch was Utah’s la...

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