James River Coal shuts down Kentucky operations (2013)
James River Coal Co., a separate Richmond-based company, laid off 525 workers and closed multiple mines in eastern Kentucky after prolonged weakness in coal markets. The company had already idled several mines in March of that year.
The layoffs took effect immediately; operations were idled subject to market conditions.
James River Coal later filed for bankruptcy in 2016 and its assets were sold off, marking the end of a major regional coal producer.
The name similarity can cause confusion, but this is a different company. It illustrates how Richmond has seen insurance and coal firms both use WARN notices during downturns, although the industries face very different pressures.
