Massey Energy (NYSE:MEE) announced today the processing plant they've been working on to replace the one that burnt last year is almost completed in West Virginia.
Operations at the new plant are scheduled to begin in September, and will be named after one of the retired directors of the company, Richard Zigmond, and will be named Zigmond Processing.
The new plant will employ over 480 people said Massey, and will be involved with processing coal from six mines.
Massey is still recovering from the mining disaster at the Upper Big Branch mine which cost 29 workers their lives.
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