Massey on Safety
As Congress vows to investigate possible violations at Massey Energy’s Upper Big Branch Mine — where at least 25 miners were killed in an explosion yesterday — it’s worth noting that Massey has never really had a good track record when it comes to safety in its mines, as this 2003 Forbes piece indicates:
Over the two years through 2001 Massey was cited by West Virginia officials for violating regulations 501 times. Its three biggest rivals, mining twice as much coal in the state as Massey, were cited a collective 175 times. [CEO Don] Blankenship says Massey is unfairly targeted by regulators.
“We don’t pay much attention to the violation count,” he says.
He might start today.
h/t: Christopher Helman.