|Metzroth and Blumenfeld Promoted to New Posts at Arch Coal|
In his new position, Metzroth will be responsible for assisting in
"Larry has a deep understanding of world energy and steel markets, a well-established global intelligence network and great technical expertise," said Paladino. "We expect him to play a key leadership role in our ongoing efforts to expand Arch's participation in the high-growth
Blumenfeld will replace Metzroth as vice president of analysis and strategy for
"Andy is widely regarded as one of the coal industry's foremost market analysts," said Besten. "We will look to Andy and his team to help Arch identify and seize new market opportunities as demand for both metallurgical and thermal coal continues to surge around the world."
In 2006, Metzroth joined
Blumenfeld joined predecessor company
Forward-Looking Statements: This press release contains "forward-looking statements" – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," or "will." Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, particular uncertainties arise from changes in the demand for our coal by the domestic electric generation industry; from legislation and regulations relating to the Clean Air Act and other environmental initiatives; from operational, geological, permit, labor and weather-related factors; from fluctuations in the amount of cash we generate from operations; from future integration of acquired businesses; and from numerous other matters of national, regional and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. For a description of some of the risks and uncertainties that may affect our future results, you should see the risk factors described from time to time in the reports we file with the