Website: N/A
Stock Symbol: NYSE: WLT
Market Value: N/A (in millions)
Walter Industries, Inc. ("the Company"), organized in 1987, is a diversified
company that operates in five reportable segments: Natural Resources, Sloss,
Financing, Homebuilding and Other. Through these operating segments, the Company
offers a diversified line of products and services including coal and natural
gas, furnace and foundry coke and slag fiber, mortgage financing, and home
construction.
Our businesses may be grouped in the following broad categories:
Natural Resources and Sloss. Our Natural Resources segment consists
primarily of Jim Walter Resources, Inc. ("JWR"), Tuscaloosa Resources, Inc.
("TRI"), Kodiak Mining Company, LLC ("Kodiak") and United Land Corporation
("United Land"). In 2007, JWR produced 5.8 million tons of high quality
metallurgical coal. In addition, JWR owns 50% of Black Warrior Methane Corp.,
which extracts coalbed methane gas; JWR's portion of the production was
7.2 billion cubic feet of natural gas in 2007.