Walter Energy, Inc.Tampa, FL, United States (NYSE: WLT)

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Walter Energy Company Description

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.

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The Company Description provides a historical perspective of Walter Energy's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Walter Energy's evolution in the marketplace.

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