Marketplace   Menu Guide   Complete Pages      
butler eagle
Site last updated: Wednesday, July 29, 2015 Bookmark our site!
Local PennsylvaniaNationalInternationalNews Extras  
Published: December 13, 2012 print this article Print save this article Save email this article Email ENLARGE TEXT increase font decrease font

Coal company laying off 138 in Pittsburgh region



PITTSBURGH — A southwestern Pennsylvania coal company is idling two of its mines and laying off 138 workers, but it hopes things will get better next year.
PBS Coals’ announcement Thursday comes on the heels of a July announcement that it had laid off 225 workers. Before those layoffs, PBS had roughly 1,000 employees.
Now, the Roytown and Hart mines about 60 miles southeast of Pittsburgh will be idled, too, leaving the company with about 600 employees.
PBS Coals spokeswoman Lori Mason said the Somerset-based company has been hurt by the weak global steel market. PBS is owned by Russian steel giant OAO Severstal, and almost all its coal is used to produce steel.
“The steel market has been sluggish, but we believe there is going to be a pickup in that” in 2013, Mason said, noting that the company is still making new investments in its operations.
The company also blamed tightening U.S. Environmental Protection Agency regulations, but competition from booming natural gas production has also played a role.

Controls go here




Back
Comments

MORE NEWS HEADLINES

MOST READ ARTICLES


MotorEazy
 


place an ad

subscribe