Reading Anthracite Company
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Reading Anthracite Company is a coal mining company based in Pottsville, Pennsylvania in the United States. It mainly mines anthracite coal in the Coal Region of eastern Pennsylvania.
[edit] History
Reading Anthracite Company; origins date back to 1871 when its predecessor, the Philadelphia Reading Coal and Iron Company (P.&R.C.&I.) was chartered. As a large publicly traded concern, P.&R.C.&I. had diverse industrial interests which revolved primarily around its main business of railroading. P.&R.C.&I. changed its corporate title in 1956 to Philadelphia & Reading Corporation, of which Reading Anthracite Company was one of its many operating divisions. In 1961, Philadelphia & Reading Corporation divested itself of its anthracite coal interests, selling the Reading Anthracite company to its present owners.