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Sunrise Coal seeks tax abatements for re-opened mine in Sullivan County

Coal News - Published on Wed, 20 Feb 2019

Image Source: Sunrise Coal
Tribune Star reported that Sunrise Coal is seeking tax abatements for a USD 30 million in manufacturing equipment at its Carlisle Mine in Sullivan County, where it intends to add 20 new jobs. The abatement went to commissioners Monday and will go to the Sullivan County Council at its February 25 meeting. The council would make a final vote on the abatement in March, said Deann Talley, director of the Sullivan County Redevelopment Commission, which last week passed a resolution in favor of a 10-year abatement. "Sunrise Coal had shuttered down the mine for a few years and last July opened back up with 130 people. They were closed from mid 2015 to mid 2018, and they only had five employees," Talley said. "Sunrise Coal is the second largest coal producer in Indiana."

The company's headquarters is in Vigo County, but has mines in Sullivan, Knox and Clay County as well as a mine in Vermillion County, Illinois.

Talley said that "Out of their 130 current workers at Carlisle Mine, 55 are employed in Sullivan County and 111 Sullivan County residents are employed at the Knox County mine, so 166 of their current employees are Sullivan County residents, so that pays quite a bit into the (county's) local income tax."

The company employs 130 full-time salaried and hourly jobs, paying more than USD 7.5 million in annual salaries, according to the company's filing with the Sullivan County Redevelopment Commission. The company plans to add 20 jobs, paying more than USD 1.154 million in annual salaries, which equals USD 57,720 per job in annual salary.

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Posted By : Rabi Wangkhem on Wed, 20 Feb 2019
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