Arch Coal on Track for Record Profits in 2008

SUGAR LAND--October 30, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--On October 27, Arch Coal Incorporated (NYSE:ACI) (St. Louis, Missouri) reported its profits for the third quarter of 2008. Because of a large number of acquisitions made in 2007, the company's net income more than tripled year-over-year, from $27.3 million in 3Q07 to $97.8 million in 3Q08. "All operating regions contributed to this success," said Chairman and CEO Steven Leer, "particularly central Appalachia, whose per-ton operating margin expanded nearly nine-fold from the year-ago quarter."