Sunrise Coal is seeking tax abatements for a $30 million in manufacturing equipment at its Carlisle Mine in Sullivan County, where it intends to add 20 new jobs.
The abatement went to commissioners Monday and will go to the Sullivan County Council at its Feb. 25 meeting. The council would make a final vote on the abatement in March, said Deann Talley, director of the Sullivan County Redevelopment Commission, which last week passed a resolution in favor of a 10-year abatement.
"Sunrise Coal had shuttered down the mine for a few years and last July opened back up with 130 people. They were closed from mid 2015 to mid 2018, and they only had five employees," Talley said. "Sunrise Coal is the second largest coal producer in Indiana."
The company's headquarters is in Vigo County, but has mines in Sullivan, Knox and Clay County as well as a mine in Vermillion County, Illinois.
"Out of their 130 current workers at Carlisle Mine, 55 are employed in Sullivan County and 111 Sullivan County residents are employed at the Knox County mine, so 166 of their current employees are Sullivan County residents, so that pays quite a bit into the (county's) local income tax," Talley said.
The company employs 130 full-time salaried and hourly jobs, paying more than $7.5 million in annual salaries, according to the company's filing with the Sullivan County Redevelopment Commission. The company plans to add 20 jobs, paying more than $1.154 million in annual salaries, which equals $57,720 per job in annual salary.
Telephone messages were left Monday with Todd Davis, director of compliance and financial reporting for Sunrise Coal, and Roy Dressler, leasing manager for Sunrise Coal, seeking comment.
Sunrise Coal, a subsidiary of Denver-based Hallador Energy Co., in 2017 began construction of a new truck-to-rail coal loading facility near Princeton, known as the Princeton Loop. That allows Sunrise Coal to unload trucks, blend coals and load trains, as well as store more than 4 million tons of coal.
Sunrise Coal's Carlisle Mine, an underground mine, has 65 million tons in coal reserves, according to the company's web site.
The company also owns the Oaktown Mine, which are two underground mines with Oaktown Mine 1 and Mine 2, with another 165 million tons in reserves along the Indiana-Illinois border. Also Bulldog Reserve in Vermillion County, Illinois, an underground mine with 55 million tons in coal reserves.
The company also has a surface mine -- Ace in the Hole -- near Clay City in Clay County with 3.5 million tons of low-sulfur, low-mercury coal. The low-sulfur coal from Ace blended with its high-sulfur coal, according to the company.