Walter Energy, Inc. · Tampa, FL United States ·(NYSE: WLT)
Company Description
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Walter Energy has renewed its focus on natural resources. Its subsidiaries include Jim Walter Resources (coal production), Sloss Industries (foundry and furnace coke), and De-Gas (methane gas). Formerly a diversified company that included water products, homebuilding, and financing units, Walter Energy has divested itself of all but its natural resources and energy businesses. In early 2009 the company shuttered its Jim Walter Homes unit (single-family homes) and merged its home financing unit into what is now called Walter Investment Management Corp. . Following closure of that deal, the company changed its name from Walter Industries. To read the full description, subscribe now.
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Key Walter Energy, Inc. Financials
| Company Type | Public - NYSE: WLT Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $1,487.1 |
| 2008 Employees | 2,600 |
Walter Energy, Inc. Executives
21 executives listed for Walter Energy, Inc.'s Tampa, FL location.
| Title | Name & Bio | Contact |
| Chairman | Michael Tokarz | Network |
| Vice Chairman, CEO, and Acting CFO | Victor Patrick | Network |
| President, COO, and Director | George Richmond | Network |
Competition
Competitive Landscape for Walter Energy, 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 Walter Energy, Inc. Competitors
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