Company Aims to Support Displaced Workers

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Missouri-based Peabody Energy Inc. (NYSE: BTU) is reaching out to employees ahead of the planned closing of a Daviess County coal mine. The company says it is offering priority placement opportunities at other operations in the Midwest. In notices to the state, the company said the closure of the Viking Mine in Cannelburg could result in nearly 90 workers losing their jobs. The move is expected to take place later this year.

You can read the notices to the Indiana Department of Workforce Development by clicking here and here.

Peabody has other Indiana operations in Sullivan, Warrick and Gibson counties.

Sources: Peabody Energy Inc., Indiana Department of Workforce Development