Florida coal company moving to St. Louis - KMOV.com

Florida coal company moving to St. Louis

ST. LOUIS (AP) -- A Palm Beach, Florida-based coal company is moving to St. Louis.

Foresight Energy, which sells coal domestically and to markets in Europe and India, is moving its headquarters to downtown St. Louis by April 1. The privately held company has signed a five-year lease for the 16,000 square feet office space.

The St. Louis Post-Dispatch reported that the company will start out with six employees but plans to increase the St. Louis staff to about 45.

Foresight produces thermal coal and has about 3 billion tons of reserves in Illinois.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

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