International Coal Group, Inc. · Scott Depot, WV United States ·(NYSE: ICO)
Company Description
View International Coal Group, Inc. Locations On A US Map
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This link will open in a new window International Coal Group focuses its energy on one nation, the US. The company produces coal from about a dozen mining complexes in Northern and Central Appalachia (Kentucky, Maryland, Virginia, 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 1 billion 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
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Key International Coal Group, Inc. Financials
| Company Type | Public - NYSE: ICO Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $1,096.7 |
| 2008 Employees | 2,727 |
International Coal Group, Inc. Executives
16 executives listed for International Coal Group, Inc.'s Scott Depot, WV location.
| Title | Name & Bio | Contact |
| Chairman | Wilbur Ross | Network |
| President, CEO, and Director | Bennett Hatfield | Network |
| SVP, CFO, and Treasurer | Bradley Harris | Network |
Competition
Competitive Landscape for International Coal Group, Inc.
Demand comes mainly from generators of electricity. Profitability depends on efficient operations, as the product is a commodity sold on the basis of price. Small companies can compete if they hold long-term contracts or if they supply local customers. Big companies have large economies of scale in production and distribution. The industry is capital-intensive and highly automated: average annual revenue per employee is almost $300,000. To read the full description, subscribe now.Top International Coal Group, Inc. Competitors
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