Reading Anthracite Company; origins date back to 1871 when its predecessor, the Philadelphia and Reading Coal and Iron Company (P. & R. C.& I.) was chartered. As a large publicly traded concern, P. & R. C. & I. had diverse industrial interests which revolved primarily around its main business of railroading. P. & R. C. & I. changed its corporate title in 1956 to The Philadelphia & Reading Corporation, of which Reading Anthracite Company was one of its many operating divisions. In 1961, Philadelphia & Reading Corporation divested itself of its anthracite coal interests, selling the Reading Anthracite company to its present owners.
The unionized mine suffered an on-the-job fatality in July 2017.[2]
References
^Sequence of structural stages of the Alleghany orogeny at the Bear Valley Strip Mine, Shamokin, Pennsylvania. Nickelsen, R. P. (Dept. of Geology, Bucknell University) Geological Society of America Centennial Field Guide—Northeastern Section, 1987
