Murray American Energy, Inc. Confirms the Wage Reopener Agreement with the United Mine Workers of America

ST. CLAIRSVILLE, Ohio--()--Murray American Energy, Inc. (“Murray American”) has confirmed that the Bituminous Coal Operators’ Association, Inc. (“BCOA”) has reached agreement with the United Mine Workers of America (“UMWA”) on the wage reopener in the 2016 Labor Agreement.

We are pleased to confirm that the parties have negotiated and agreed to a wage increase at the five (5) Murray American Mines, where the hourly employees are represented by the UMWA, with a $0.50/hour increase beginning August 15, 2019, and an additional $0.50/hour increase effective January 1, 2021. Additionally, the parties agreed, effective January 1, 2021, to restore the birthday holiday that UMWA members gave up when the current agreement was ratified in 2016.

Contacts

Jason D. Witt
(740) 338-3100 (phone)
investors@coalsource.com (email)

Contacts

Jason D. Witt
(740) 338-3100 (phone)
investors@coalsource.com (email)