The Company Behind the W. Va. Mining Accident

International Coal Group owns the Sago mine in West Virginia where 13 miners are trapped. ICG is a relatively new company that was formed in May 2004 by a group of private investors, including the leveraged buyout king, Wilbur Ross. ICG acquired the assets of several bankrupt or distressed coal companies. In the months since then, U.S. officials say the number of safety violations at the company's mines has risen.

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.

Support comes from: