PROFILE |
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Pittston Minerals Group is taking its lumps -- of coal. The natural resources segment of the diversified Pittston Co., Pittston Minerals' operations include Pittston Coal Co. (mining of steam and metallurgical coal), Pittston Mineral Ventures (gold and base metals mining interests), Pine Mountain Oil and Gas (interests in oil and gas wells), and Mountain Forest Products (140,000 acres of hardwood reserves over coal deposits). The company's operations are primarily in Kentucky, Virginia, and West Virginia, and, for gold mining, in Australia. Pittston Co. plans to divest Pittston Minerals' coal operations in order to concentrate on its service businesses (which include Brink's Home Security).
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1998 Sales (mil.): 518.60
1-Yr. Sales Growth: (17.8)%
Employees: 1,800
Revenue per employee: $288,111.11
KEY PEOPLE |
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Thomas W. Garges
CEO
David C. Fields
CFO
CONTACT INFO |
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448 NE Main St.
Lebanon, VA 24266
US
Phone: 540-889-6000
Fax: 540-889-6060
Online: Web Site
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