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Home > Company Index > Metals & Mining > Coal > AEI Resources, Inc.

AEI Resources, Inc.
 PROFILE
You can't buy a vowel from AEI Resources, but you can get some coal from the company, one of the nation's largest producers of steam coal. Most of AEI's sales are generated through long-term contracts to supply electric utilities. The company operates mines in Colorado, Illinois, Indiana, Kentucky, Tennessee, and West Virginia. Through its Mining Machinery subsidiary, AEI also provides trucking services, major equipment rebuilds, and mining equipment. The company also manufactures Addcar-brand highwall mining equipment. The Addington family -- including AEI chairman Larry and his brothers, Robert and Bruce -- control the company.

 COMPETITION
CONSOL Energy Inc. (CNX)
Joy Global Inc. (JOYG)
Peabody Energy Corporation (BTU)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 1,330.80
1-Yr. Sales Growth: 81.5%
Employees: 4,081
Revenue per employee: $326,096.54

 KEY PEOPLE
• Larry Addington
    CEO
• Rick Fasold
    CFO

 CONTACT INFO
2000 Ashland Dr.
Ashland, KY 41101
US
Phone: 606-928-3433
Fax: 606-928-0450
Online: Web Site

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