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0 0 0 0 0 0.011646136618141 0.011646136618141 -0.00522583053378128
Stock impact report

Alliance Resource Partners, L.P. Announces Issuance of WARN Act Notice at Excel Mining, LLC [Yahoo! Finance]

Alliance Resource Partners, L.P. - Common Units Representing Limited Partnership Interests (ARLP) 
Last alliance resource partners, l.p. - common units representing limited partnership interests earnings: 1/27 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: arlp.com/events-and-presentations
Company Research Source: Yahoo! Finance
its subsidiary, Excel Mining, LLC ("Excel"), issued Worker Adjustment and Retraining Notification ("WARN") Act notices to all of its approximately 280 employees of the MC Mining Complex in Pike County, Kentucky. "The decision to issue WARN notices at the MC Mining Complex was not made lightly," said Joseph W. Craft, III, Chairman, President and Chief Executive Officer. "Despite our continued efforts to navigate challenging geology and market conditions, persistent weakness in coal demand, compounded by some delays in timely payment for committed coal sales, has necessitated this difficult but necessary step to begin winding down production operations. We deeply regret the impact this decision has on our employees, their families, and their communities." The MC Mining Complex is owned by MC Mining, LLC and operated by Excel, both wholly-owned subsidiaries of ARLP. Through October 31, 2024, the MC Mining Complex has generated 2024 year-to-date coal sales and production volumes of ap Show less Read more
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