Westmoreland Coal Company Announces New Corporate Headquarters in Metro Denver
Westmoreland Coal Company (NASDAQ GM: WLB) today announced that the home
of its corporate headquarters will be moving to Englewood, Colorado in
November 2011. Westmoreland signed a multi-year lease with a subsidiary
of Shea Properties for space in Shea′s Maroon V building located in the
Meridian International Business Center.
'We are pleased to announce Westmoreland′s upcoming relocation to the
Denver area,? said Keith E. Alessi, President and Chief Executive
Officer. 'We believe the move to Denver will give us better visibility
with other public mining and energy companies, lower the overall cost of
travel and fees and expenses with our Denver-based third-party
providers, such as our auditors and lawyers, and provide us with greater
exposure to a broader pool of public company and energy company talent.?
Peter Culshaw, Executive Vice President of Shea Properties noted, 'We
are thrilled to have such a strong company as Westmoreland Coal Company
join our tenant roster at our M5 building located in Meridian
International Business Park. This will be a great location for them and
one in which they will be able to grow and prosper. We wish them the
best of luck and welcome them to Maroon 5.?
Westmoreland Coal Company, which recently listed on the NASDAQ Global
Market exchange, is the oldest independent coal company in the United
States. The Company′s coal operations include coal mining in the Powder
River Basin in Montana and lignite mining operations in Montana, North
Dakota and Texas. Its power operations include ownership of the two-unit
ROVA coal-fired power plant in North Carolina. For more information,
visit www.westmoreland.com.
Westmoreland Coal Company
Kevin Paprzycki, 719-442-2600