Drummond Company
 | |
| Private | |
| Industry | Coal Mining |
| Founded | 1935 |
| Headquarters | Birmingham, Alabama, USA |
Key people |
Garry N. Drummond Sr., Chief Executive Officer Jack Stilwell, Chief Financial Officer |
| Products | Coal, By-Products, and Real Estate |
| Revenue |
 $5.00 billion USD (2010) |
Number of employees | 5,100 (2006) |
| Website | http://www.drummondco.com/ |
Drummond Company, Inc. is a privately owned company based in Birmingham, Alabama, United States, involved in the mining and processing of coal and coal products. The company was founded in Jasper, Alabama in 1935 by H. E. Drummond, and remains under the management of his sons.[1]
Overview
Drummond operates the Shoal Creek mine in northwestern part of Jefferson County in Alabama and the Pribbenow and El Descanso mines near La Loma in the Cesar Department in northern Colombia. Both mines produce bituminous coal. Output from Shoal Creek is sold to Alabama Power under long-term supply contracts. Production from Pribbenow, comprising almost 50% of all coal mined in Colombia, is exported to 11 countries.
The company also owns Alabama By-Products Corporation, also known as ABC Coke, located in Tarrant, Alabama. The company also owns Rancho La Quinta Country Club in La Quinta, California.
Drummond announced in July 2010 that it had hired Bank of America Merrill Lynch in its plans to look for a strategic partner to expand its El Descanso mining operations in northern Colombia.
Controversy in Colombia
The multinational has been sued at least three times for receiving support from paramilitary groups in Colombia who are involved in human rights violations against the civilian population and the murder of union leaders. The American Department of Justice has not found sufficient evidence and ruled in favor of the company which says it has never supported any action of illegal groups.[2]
In February 2013, journalist Alejandro Arias reported with photographic evidence dumping of hundreds of tons of coal to the sea by the company in January of the same year. Based on this evidence the Colombian Government temporarily suspended some operations of the company in Santa Marta where the incident occurred. [3]