Excerpt from newspaper article Republican Herald 9-30-2012 online edition.
In 2011, the 75-year-old coal company's "run-of-mine" coal production, or that delivered from the mine to the preparation plant, exceeded 642,000 tons. Through the third quarter of 2012, Blaschak's run-of-mine coal production has surpassed 680,000 tons. The company expects that level to increase beyond 800,000 tons by the end of the year.
"It's a tremendous accomplishment and a tribute to all the people that work there," said Duane C. Feagley, executive director of the Pennsylvania Anthracite Council. "It's good for them as a company and for the overall industry."
Feagley said coal production is up 6.8 percent this year. Last year, production was up 25 percent, he said.
"I think what we are seeing with Blaschak is part of an overall trend in the industry with production keeping up with demand," Feagley said. "The market is going to have its ups and downs, but I think the long-term trend is upward for anthracite coal."
Driscoll also said the company's sales are up 14 percent over the year.
"So far this year, we had strong sales and we are certainly optimistic for the long term," Driscoll said. "It's a very volatile market. The second half of this year had some softness due to the economy but that's going to change and we are prepared to respond to that market."
Blaschak's increase in production has added more than 40 new jobs to the company over the last two years. Blaschak now employs about 150 people and expects that number to grow in the next year.
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