Industrial Info Resources
SUGAR LAND, TX--(Marketwire - May 4, 2012) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Leading metallurgical coal producer Walter Energy Incorporated (NYSE:WLT) (Birmingham, Alabama) saw a sharp decline in profits in the first quarter of 2012, as lower coal sales prices and higher operating costs in the U.S. and Canada diminished gains in sales and production, including consolidated coal production of 3 million metric tons, which is a quarterly record. Net income for the quarter was reported to be $40.62 million, a 50.36% decrease from first-quarter 2011.
For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showAbstract.jsp?newsitemID=215861&refer=marketwire, or browse other breaking industrial news stories at www.industrialinfo.com.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.