United Coal Company

United Coal Company (UCC), a nonunion coal mining company headquartered in Teays Valley, West Virginia, is a leading producer of high grade metallurgical coals, with operations in Virginia, West Virginia and Kentucky and a subsidiary of the [United Management Company, LLC] |#United Management Company] , headquartered at Bristol, Virginia.

United in 2006 allowed former King Pharmaceuticals executives John M. Gregory and Joseph "Joe" Gregory of Bristol, Tennessee and of SJ Investments, LLC and Gregory Energy Partners, LLC to invest in the company. The Gregory brothers are its first investors outside the McGlothlin family. [ [http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/01-31-2006/0004271363&EDATE= PRN Newswire. "United Coal Company Has New Investors".] ]

Executives of the company are listed among the contributors to the United Company Political Action Committee. [ [http://query.nictusa.com/cgi-bin/com_ind/C00256461/ Federal Election Commission] ]

United Coal Company

Throughout its more than thirty five year history, the UCC has had a track record of producing high, medium and low volatile coking coals and serving coking coal customers both domestically and worldwide.

United Coal holdings

* [http://www.unitedcoal.com/holding_carter.html Carter Roag Coal Company]
* [http://www.unitedcoal.com/holding_sapphire.html Sapphire Coal Company]
* [http://www.unitedcoal.com/holding_pocahontas.html Pocahontas Coal Company]
* [http://www.unitedcoal.com/holding_wellmore.html Wellmore Coal Company]

Founder, James W. "Jim" McGlothlin

In 1970, Jim McGolthin (a legal resident of Austin, Texas), along with his father Woodrow W. McGlothlin (who started the Diamond Smokeless Coal Co. in the mid-1950s) and five other investors, founded the United Coal Company in Bristol, Virginia. McGlothlin first sold UCC in 1997 and later repurchased the company in 2004. The McGlothlins also founded The McGlothlin Foundation, which funds a variety of education-related causes in Southwest Virginia.

The 2006 "McGlothlin Energy Policy"

While speaking at the industry-sponsored 2006 Virginia Coal Conference held at the Meadowview Convention Center in Kingsport, Tennessee, McGlothlin described the United States energy policy as being "America's Achilles heel" and compromising national economic independence due to both losing manufacturing jobs to relaxed labor, environmental, and saftety costs in China and to America being energy dependent upon Islamic nations "with the most extreme and hostile people on earth."

McGlothlin laid out the following framework of his self-described "McGlothlin Energy Policy" during the 2006 Virginia Coal Conference [ [http://www.num.org.uk/?p=news&c=num&ni=13 U.K. National Union of Mineworkers. "Coal Conference Speakers Say End Dependence On Foreign Oil".] ] :

*implementing a nationwide U.S. blue law prohibiting work on Sundays except for truly vital businesses and industry;
*imposing an additional federal gas tax of $1 more per gallon on fuel sold on Sundays and Mondays to curb "weekend driving larks";
*requiring every vehicle to get at least 30 miles per gallon within five years;
*expanding the federal government by creating a U.S. Office of Nuclear Power Production ;
*expediting the construction of new nuclear power plants across the United States;
*preserving natural gas reserves "for the long haul" and;
*banning the use of natural gas for power production in the United States;
*federal subsidizing coal-to-liquid fuel plants [through government loans and tax assistance] ;
*passing federal legislation guaranteeing a minimum floor price $55 per barrel for coal-to-liquid fuels, and;
*placing tariffs on stocks of imported crude oil arriving in the United States.

United Management Company

United Management Company, LLC is invested in oil, gas, power generation, industrial parts distribution, golf and finance and maintains the publicly traded UC Investment Fund (UCIFX). [ [http://www.easterncoalcouncil.com/Aug_15_2006.pdf Eastern Coal Council. August 15, 2006 newsletter.] ]

References

* [http://www.easterncoalcouncil.com/Aug_15_2006.pdf Eastern Coal Council. August 15, 2006 newsletter.]
* [http://www.num.org.uk/?p=news&c=num&ni=13 U.K. National Union of Mineworkers. "Coal Conference Speakers Say End Dependence On Foreign Oil".]

ee also

*The First Tee
*Fischer-Tropsch
*Massey Energy
*Mountain Party
*Mountaintop removal mining
*United Mine Workers
*World Golf Hall of Fame

External links

* [http://www.ucifx.com/overview.html United Management Company, LLC. "About United Management Company".]
* [http://www.unitedcoal.com United Coal Company webpage]
* [http://www.easterncoalcouncil.org Eastern Coal Council]
* [http://www.sjinvestments.net/officers.html SJ Invetments, Officers - John M. Gregory]
* [http://www.ilovemountains.org iLoveMountains - End Mountaintop Removal Coal Mining]