What does JWR mean in COMPANIES & FIRMS
Jim Walter Resources Inc. (JWR) is an American energy company located in Tampa, Florida that has been in operation since 1912. The company specializes in coal mining and related activities such as coal production, processing, marketing, and transportation of coal products. JWR is a publicly traded company on the New York Stock Exchange and is a subsidiary of the diversified conglomerate Walter Industries. JWR holds several US mining leases for underground and surface mines, with estimated reserves of over 200 million tons of low-sulfur coal.
JWR meaning in Companies & Firms in Business
JWR mostly used in an acronym Companies & Firms in Category Business that means Jim Walter Resources
Shorthand: JWR,
Full Form: Jim Walter Resources
For more information of "Jim Walter Resources", see the section below.
What does JWR Stand for?
JWR stands for Jim Walter Resources Inc., an American energy company specializing in coal mining and associated activities such as production, processing, marketing, and transportation of coal products. The company holds several US mining leases with estimated reserves of over 200 million tons of low-sulfur coal. It is a subsidiary of the diversified conglomerate Walter Industries, which has been in operation since 1912.
What does JWR Mean in Business?
In the business world, JWR stands for Jim Walter Resources Inc., one of the leading players in the U.S. coal industry. The company's long history demonstrates its commitment to providing stable and reliable sources of clean-burning energy to homes and businesses across America. Through its advanced technologies and strategic investments in infrastructure improvements, environmental stewardship initiatives, research & development projects, JWR strives to ensure that future generations have access to safe and affordable sources of energy while minimizing their impact on natural resources.
Essential Questions and Answers on Jim Walter Resources in "BUSINESS»FIRMS"
What is Jim Walter Resources?
Jim Walter Resources is a coal mining company in Alabama. It produces and sells metallurgical, steam, and industrial grade coal through its subsidiary, Walter Coke Inc. and provides services for surface and underground mining operations.
What type of coal does Jim Walter Resources produce?
Jim Walter Resources produces metallurgical, steam, and industrial grade coal. Metallurgical coal is used in steel production, while Steam coal can be used to generate electricity. Industrial grade coal can be used for a variety of manufacturing processes.
How long has Jim Walter Resources been around?
Jim Walter resources has been around since the late 1950s when it was established by its founder, Jim Walters Sr.
How many employees does Jim Walter Resources have?
As of 2021, Jim Walter Resources had approximately 1,200 employees working across its operations in Alabama.
How does Jim Walter Resources practice sustainability?
The Company operates with a commitment to environmental stewardship and responsible resource extraction practices including land restoration, water management strategies, management of air emissions resulting from their operations as well as waste management practices that promote re-use or recycling whenever possible.
Does Jim Walter Resources offer any educational programs or resources for students wanting to learn more about the industry?
Yes; the company offers an educational program called “Coal Education 101” which is aimed at empowering K-12 students to become familiar with the fundamentals of the Coal Mining industry, covering topics such as surface vs underground mining techniques, environmental stewardship practices and safety standards within the industry.
Where does Jim Walter Resources' coal come from?
The Coal produced by Jim Walters comes from two underground mines located in Alabama's Warrior Coal Basin; The No 7 Mine in Walker County and The No 4 Mine located in Jefferson county both in Alabama state.
Does Jim Walters Resource employ unionized workers?
Yes; all employees are unionized under United Mine Workers of America - UMWA Local 2081 which negotiates on behalf of the mine workers employed at both sites owned by JWR and represented by UMWA union members across 3 states (Alabama , Tennessee & Kentucky).
What other services does JWR provide besides coal mining?
JWR also offers contract services for surface/underground mining operations along with demolition services such as blasting projects (rock breaking) tunneling projects (through rock formations). In addition to these services they also provide engineering project consulting services which includes advice on how best to conduct various mining related activities safely while adhering to applicable laws & regulations related to the sector.
Final Words:
Jim Walter Resources Inc., or JWR, is an American energy company specializing in coal mining operations throughout the United States. With its long history dating back to 1912 when it was founded by Jim Walter Sr., this publicly traded company on the New York Stock Exchange provides safe and reliable sources of clean-burning energy to homes and businesses across America through advanced technologies and strategic investments in infrastructure improvements , environmental stewardship initiatives , research & development projects . As a result , it continues to play an important role as one of the leading players within the U.S. coal industry today .