The Bituminous Coal Operators Association Inc. (BCOA) and the United Mine Workers of America (UMWA) have reached a Tentative Labor Agreement, which, if ratified, will run from 30 June 2016 to 31 December 2021.
Robert E. Murray, the Chief Executive Officer of Murray American and Chairman of BCOA, said: "We are pleased that the BCOA and UMWA have reached this very important tentative agreement, which will go a long way in ensuring that Murray American's UMWA-represented employees are able to continue working, even in this very depressed coal marketplace. Indeed, over the past several years, the United States coal industry has been absolutely destroyed by policies of the Obama Administration and by the increased use of natural gas to generate electricity. Coal markets and prices have generally been cut in half. This tentative agreement provides the BCOA and UMWA with a path forward, even in these extremely difficult times."
The tentative agreement is subject to ratification by the members of the UMWA.
Murray American subsidiary companies which are members of the BCOA, include: The Ohio County Coal Company, which operates the Ohio County mine; The Marshall County Coal Co., which operates the Marshall County mine; The Marion County Coal Co., which operates the Marion County mine; The Harrison County Coal Co., which operates the Harrison County mine; and The Monongalia County Coal Co., which operates the Monongalia County mine.
Edited from press release by Harleigh Hobbs
Read the article online at: https://www.worldcoal.com/coal/27062016/bcoa-and-umwa-reach-agreement-1026/