Gov. Bentley Announces Hundreds of New Jobs Coming to Alabama

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By CBS-8 News

Story Created: May 1, 2012 at 11:33 AM CDT

Story Updated: May 1, 2012 at 11:34 AM CDT

Alabama-based Walter Energy plans to invest $1.2 billion and create 530 jobs with new projects in the state.
   
CEO Walt Scheller and Gov. Robert Bentley announced Tuesday that the Hoover-based company will develop an underground metallurgical coal mine in Tuscaloosa County, a coal terminal at the Port of Mobile, a barge load-out facility in Walker County and a rail spur in Fayette County. Scheller said the jobs will develop over six years and average annual pay and benefits will be $120,000 per job.
   
Walter Energy employs 4,400 people in the United States and Canada, with more than 2,100 of those in Alabama.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
 
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