Walter Industries, which was taken private in a buyout led by Kohlberg, Kravis & Roberts in 1988, is a successor to the Jim Walter Corporation, whose founder, James W. Walter, remains chairman. The company said it had annual sales of about $1.3 billion and employed about 8,200 people.
What is Jim Walters net worth?
When his father died in January 2000, Walter inherited a fortune reported between $7–14.3 million; he says $11 million. Much of that has been spent on his campaigns.
Why did Jim Walter Homes go out of business?
In a release, the company stated, “Efforts to sell the business were unsuccessful in the face of the unprecedented conditions in the housing industry and tightness in the credit markets.”
Why did Jim Walters homes close?
The economic downturn has claimed another builder. Walter Industries, the parent company of Jim Walter Homes, announced Tuesday morning that it would close the home building subsidiary and stop selling homes immediately.
Where is Jim Walter from?
James Willis Walter was born on Sept. 18, 1922, in Lewes, Del. As an infant he moved with his family to Florida, and he grew up around Tampa. Mr.
What happened to Walter Energy stock?
The New York Stock Exchange today started proceedings to delist Birmingham’s Walter Energy Inc. from the exchange. Shares of Walter (NYSE: WLT) were suspended on Wednesday after the NYSE announced its plan to delist Walter due to its low stock price.
What happened to Walter Energy?
Warrior Met Coal bought Birmingham’s Walter Energy out of bankruptcy last year. Walter Energy traded on the New York Stock Exchange under the symbol WLT since 1997, but it was removed in 2015 because its prices were too low. In July, the company filed for Chapter 11 bankruptcy protection.
Who is James Walter?
James is a proven leader with extensive experience creating teams and companies that build innovative technologies. As the CEO of Finagraph, James uses his rich experience to build the world’s most cutting edge financial technology used by Lenders, Accountants and Small Business.
What kind of business did Walter have in the 1970’s?
The company’s mortgage portfolio was traditionally one of its strongest assets. The mortgage finance division maintained more than $1 billion in installment notes in the 1970s. By 1987 Jim Walter’s $1.6 billion mortgage portfolio was larger than those of most Florida savings and loans.
What is the most active coal mine in Alabama?
The Warrior Coal Field lies underneath the majority of the Black Warrior River watershed. This coal field has been the largest, southernmost coal-producing area in North America according to the Geological Survey of Alabama.
What is the average lifespan of a coal miner?
The average life expectancy in the coal mines for those starting work at 15 y was found to be 58.91 y and 49.23 y for surface and underground workers respectively.
How much is Walter E Smithe worth?
Walter E Smithe Furniture’s annual revenues are $10-$50 million (see exact revenue data) and has 100-500 employees. It is classified as operating in the Furniture Stores industry.
Who are the Walter E Smithe ladies?
The Smithes: (L-R) Colleen, Meghan, Walter III, Walter Jr., Mark, Caitie, and Maureen. At Walter E. Smithe Furniture & Design, we are committed to helping our clients love their homes through expert design, quality furnishings, and exemplary service.
What happened to the three Walter E Smithe brothers?
Currently, there are 3 generations involved in the business: Walter Smithe Jr is retired, but regularly visits the showrooms. Walter Smithe III and Mark Smithe (the Smithe Brothers) are the sons of Walter Jr, and serve as President and VP/Legal Counsel, respectively. The 3rd brother, Tim Smithe, retired in 2016.
What is the deepest coal mine?
In Europe, the deepest coal mine Shakhterskaya is located in Donbass. The depth is 1.5 km (1,546 metres), it has been developed since 1986. It is officially the deepest coal mine in the world.
How much did coal miners get paid in the 1900s?
Even miners who had been on the job for years rarely made more than a few dollars each week — one 1902 account claimed a daily salary of $1.60 for a ten-hour shift. Today, that would be about $4.50 an hour.
How much money do miners make a year?
The salaries of Coal Miners in the US range from $11,105 to $294,800 , with a median salary of $53,905 . The middle 57% of Coal Miners makes between $53,905 and $133,947, with the top 86% making $294,800.
How much did coal miners get paid in the 1800s?
The laborer for the same time got some $21. His wages are a trifle over $10 a week for six full days. Before the strike of 1900 he was paid in this region $1.70 per day, or $10.20 a week.
What is Ramaco resources?
As one of North America’s only exclusive producers of metallurgical coal, Ramaco Resources provides premium resources to both domestic and international customers. We trade on the NASDAQ under the ticker METC.