RICHMOND – Alpha Natural Resources will build its new corporate headquarters in Bristol, creating 69 jobs and retaining 131 jobs. This project comes as a result of the July 2009 merger of Alpha with Foundation Coal. Virginia successfully competed with Maryland and Tennessee for the project.

Alpha has committed to invest approximately $17.5 million in its new headquarters facility through a lease-back agreement and an additional $3.5 million in other direct outlays. Located in Bristol’s new Sugar Hollow Business Complex, the building is expected to be ready for occupancy in mid-2011.

The company, through its affiliates, employs approximately 6,200 people and operates more than 60 mines and 14 coal preparation facilities in the regions of Northern and Central Appalachia and the Powder River Basin.

The Virginia Economic Development Partnership worked with the City of Bristol and Virginia’s aCorridor to secure the project for Virginia. Governor Kaine approved a $1 million grant from the Governor’s Opportunity Fund to assist Bristol with the project. The Virginia Tobacco Indemnification and Community Revitalization Commission approved $3.4 million in Tobacco Region Opportunity Funds for the project. The Virginia Department of Business Assistance will provide training assistance through the Virginia Jobs Investment Program.

Kevin Crutchfield of Alpha Natural Resources is Chief Executive Officer. For additional information: http://www.alphanr.com

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