St. Louis-based Peabody Energy is closing its Air Quality mine in southwestern Indiana, leaving 230 workers out of a job. Company officials say soft market conditions have made operations uneconomical.
Peabody officials say they are working with employees regarding placement opportunities at other Peabody operations. The Vincennes mine produced 1.2 million tons of coal in 2011.
Peabody is the leading coal producer and reserve holder in the Midwest with 11 operations in Indiana and Illinois.