-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: keymaster@town.hall.org Originator-Key-Asymmetric: MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ== MIC-Info: RSA-MD5,RSA, DUFOuXgkx+IMJBMBzOHKm7l+ittyfdddabSinViANuOaOkWPlwS1vF/pWrqjkcCI 8Do9jc59uYPVD1NXD6eh8g== 0000106455-95-000004.txt : 19950511 0000106455-95-000004.hdr.sgml : 19950511 ACCESSION NUMBER: 0000106455-95-000004 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19950505 ITEM INFORMATION: Other events FILED AS OF DATE: 19950509 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: WESTMORELAND COAL CO CENTRAL INDEX KEY: 0000106455 STANDARD INDUSTRIAL CLASSIFICATION: BITUMINOUS COAL & LIGNITE MINING [1220] IRS NUMBER: 231128670 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11155 FILM NUMBER: 95535684 BUSINESS ADDRESS: STREET 1: 700 THE BELLEVUE STREET 2: 200 S BROAD ST CITY: PHILADELPHIA STATE: PA ZIP: 19102 BUSINESS PHONE: 2155452500 MAIL ADDRESS: STREET 1: 700 THE BELLEVUE STREET 2: 200 S. BROAD STREET CITY: PHILADELPHIA STATE: PA ZIP: 19102 8-K 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 5, 1995 Westmoreland Coal Company (Exact name of registrant as specified in its charter) Delaware 0-752 23-1128670 (State or other (Commission File (IRS Employer jurisdiction of Number) Identification No.) incorporation) 700 The Bellevue, 200 South Broad Street Philadelphia, Pennsylvania 19102 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (215) 545-2500 Item 5. Other Events. On May 5, 1995, Westmoreland Coal Company announced that it will move its corporate office from Philadelphia, Pennsylvania to Colorado Springs, Colorado. The relocation is expected to be completed by September 1995. Item 7. Exhibits. Press release dated May 5, 1995. EXHIBIT INDEX Sequentially Exhibit Description of Exhibit Numbered Number Page 1 Press release dated May 5, 1995 4 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. WESTMORELAND COAL COMPANY Date: May 9, 1995 By: Francis J. Boyle Senior Vice President, Chief Financial Officer & Treasurer EX-99 2 - ----------------------------------------------- Westmoreland Coal Company Will Move Corporate Office To Colorado Springs, Colorado - --------------------------------------------------------- Colorado Springs, Colorado -- May 5, 1995 -- Westmoreland Coal Company (NYSE:WCX) announced today that it will move its corporate office from Philadelphia, Pennsylvania to Colorado Springs, Colorado. This relocation is expected to be completed by September, 1995. Christopher K. Seglem, Westmoreland's President and Chief Executive Officer said, "We have given substantial thought about where best to locate Westmoreland's corporate offices. Colorado Springs has been chosen because of its central location in both the mining and energy industries, its dynamic business environment and cost effectiveness. It enables us to be closer to our currently most promising coal asset subsidiary, Westmoreland Resources, Inc. which has mined coal in Montana's Powder River Basin since 1974, and even more importantly to that part of the country we believe offers Westmoreland the greatest opportunity for growth in both the coal and electric power industries. This move is an essential part of our new team's workout plan, announced over two years ago, which includes streamlining Westmoreland and creating a culture focused on growth. While Westmoreland's substantial embedded heritage costs will continue to require significant attention for some time to come and provide our largest hurdle, this office's principal focus will be on opportunities in the emerging energy market. We think Colorado Springs presents itself as an extremely receptive host in this regard, and a most cost effective one as well. We look forward very much to becoming a part of the community and its success. I especially want to thank the Colorado Springs Economic Development Corporation for their help in reaching the decision to select Colorado Springs." Rocky Scott, President of The Greater Colorado Springs Economic Development Corporation, commented, "The Westmoreland Coal Company headquarters represents the ideal new corporate neighbor in Colorado Springs. This community will see a strong economic and leadership contribution to its continually diversifying economic fabric. We are delighted with their decision." Today Westmoreland is an integrated energy company primarily engaged in the mining and sale of coal and in the development and ownership of independent power plants. Its coal mining segment began operations in 1854 and has been continuously engaged in mining and selling coal since that year. Westmoreland is the oldest independent coal company in the United States and it and Colorado Springs share a unique link to the past through General William J. Palmer who, in 1857 became the Secretary of Westmoreland Coal Company and served in that capacity before the Civil War. General Palmer, of course, went on to found the City of Colorado Springs after the War. At present the Company mines coal in Montana through its subsidiary, Westmoreland Resources, Inc. located on the Crow Indian Reservation near Hardin and in southwestern Virginia and eastern Kentucky at its Virginia Division headquartered in Big Stone Gap, Virginia. Coal from these properties is sold to various utilities and independent power plants in the United States. Westmoreland's other main business segment, begun in 1986, is the development and ownership of independent power projects through its subsidiary, Westmoreland Energy, Inc. (WEI), located in Charlottesville, Virginia. WEI has interests in five coal fired plants in operation in New York, Virginia and North Carolina and two natural gas fired plants operating in New York and Ft. Lupton, Colorado. A sixth coal fired plant in North Carolina is in the final stages of construction and will begin commercial operation in mid 1995. Westmoreland will relocate a small leadership group from Philadelphia and other locations to Colorado Springs. Certain other employees will be hired locally. Information on future hiring plans and the procedure to make an application for employment can be obtained from Thomas M. Spangler, Assistant Vice President, Human Resources, at (215) 545-2500. Westmoreland has retained PHH Homequity, PHH U.S. Mortgage and Fidelity Real Estate to provide relocation services to employees who will be transferring to Colorado Springs. Employees are free to use other financial and real estate services of their own choosing if they wish. Companies wishing to make their services known to Westmoreland employees should do so through Thomas Spangler. The firm of Higginbotham/Briggs & Associates will provide architectural, design and construction management services for Westmoreland in connection with its new office space in the landmark Holly Sugar Building. ### Contact: R. Page Henley, Jr. (215) 545-2500 -----END PRIVACY-ENHANCED MESSAGE-----