X

MEE meaning in Business ?

( 5 )  .  1 Rating
1856 views   .  0 comments  .   . 

Download Solution PDF

Answer: What is Massey Energy Company mean?

Massey Energy Company was a coal extractor in the United States with substantial operations in West Virginia, Kentucky and Virginia. By revenue, it was the fourth largest producer of coal in the United States and the largest coal producer in Central Appalachia. By coal production weight, it was the sixth largest producer of coal in the United States.

Massey's mines yielded around 40 million tons annually. The company controlled 2.3 billion tons of proven and probable coal reserves in Southern West Virginia, Eastern Kentucky, Southwest Virginia and Tennessee or about a third of all Central Appalachian reserves. It employed approximately 5,850 people and operated 35 underground mines and 12 surface mines.

Massey Energy owned and operated Upper Big Branch Mine where 29 miners were killed in April 2010. The Mine Safety and Health Administration found that the company's culture of favoring production over safety contributed to flagrant safety violations that caused the coal dust explosion. On December 6, 2011 the Mine Safety and Health Administration announced a $10,825,368 levy against Massey, the largest monetary penalty imposed by the agency in history.

The resulting $10.8 million in total was from 369 citations and orders. Following Alpha Natural Resources' acquisition, Alpha additionally settled Massey's potential criminal liabilities for $209 million.

In January 2011, it was announced that Massey Energy company would be bought by competitor Alpha Natural Resources for $7.1 billion. More than 99% of Massey shareholders and 98% of Alpha shareholders voted in favor of the acquisition and courts in Delaware and West Virginia agreed with the shareholders' vote.

reference
Full Form Category
Hungarian Electrotechnical Association Academic & Science
Magyar Elektrotechnikai Egyesület Academic & Science
Materials Evaluation and Engineering Academic & Science
Ministry of Ecology and Environment Academic & Science
Mare Airport Code
Massey Energy Company Business
Materials Evaluation and Engineering, Inc. Business
Marchmont Enterprises Europe Business
The Michael Edwards Experience Business
Motivational, Educational, Entertainment Productions, Inc. Business
Minimum Explosive Energy Chemistry
Music Enjoyment for Everyone Community
Multi Encoding Extension Computing
Management Execution Environment Computing
Mobile Equipment Errors Computing
Metadata Editor Computing
Microsoft Expert Educator Computing
Malwarebytes Enterprise Edition Computing
Migration Enhanced Epitaxy Electronics
Middle End End General
Message Embedding Error General
Modeling Esteem Etiquette General
Myth Emotion Experts General
Multistate Essay Examination General
Middle Ear Effusion General
Middle East Electricity General
Making Eligibility Easy General
Muse Effects Elements General
Motivate Educate Empower General
Marriage Enrichment Experience General
Mammography Equipment Evaluation General
Mere Exposure Effect General
Meadow Edge Enterprises General
Methyl Ester Ethoxylate General
Most Energy Efficient Governmental
Mobile Economic Ecosystem Governmental
METHAI Indian Railway Station
Movimiento Ecologista de España International
Mobile Easy English International
Minimum Essential Equipment Military and Defence
Maintenance Engineering Evaluation Military and Defence
Mare, Loyalty Islands Regional
Mission Essential Equipment Space Science

Take Quiz To Earn Credits!

Turn Your Knowledge into Earnings.




Give Rating
Report
Write Your Comments or Explanations to Help Others
Comments(0)





Miscellaneous in Business
MBA HRM Mcqs in Business
MBA Finance Mcqs in Business
Startup Funding
Career Switching
Accounting in Business
Miscellaneous in Business

Ever curious about what that abbreviation stands for? fullforms has got them all listed out for you to explore. Simply,Choose a subject/topic and get started on a self-paced learning journey in a world of fullforms.

Explore Other Libraries

X




Copyright (c) 2021 TuteeHUB

OPEN APP
Channel Join Group Join