A leading coal producer located in Clayton, Armstrong Energy is closing its headquarters and laying off around eight employees.
Armstrong, which filed for bankruptcy last month, notified state economic development officials of the layoffs earlier this month, and a Worker Adjustment and Retraining Notification (WARN) was posted on the department of economic development’s website last week.
The layoffs will occur between Feb. 14 and Feb. 28, according to the notice.
Officials with Armstrong Energy were not available for comment prior to the publishing of this article.
Those laid off “may have the opportunity to apply for positions with the new company provided the transaction is completed as expected,” Armstrong said in its WARN notice.
Because of its Chapter 11 bankruptcy filing, Armstrong’s assets are being acquired by Percy, Ill.-based Knight Hawk Holdings and Armstrong’s secured noteholders.
Armstrong has said that during the process, it expects its mining operations and customer shipments to continue as normal.