Stirling-based Fergusson Coal has won a £-multi-million order to supply Scottish Power with thousands of tonnes of coal for its Longannet power station in Fife. The new order will secure the future jobs of ‘hundreds coal mining jobs in Fife and West Lothian’ in the company’s first major contract with Scottish Power.
Privately-owned by brothers Tom and Alan, Fergusson Coal – which employs some 200 people – recently underlined its growth ambitions by setting up a coal import, export and processing plant at Blyth, on the Northumberland coast to complement its main Scottish coal processing centre at Hunterston deep-water docks in Ayrshire.
Andrew Martin, Contracts Director, Fergusson Coal, said; “This new deal will provide further employment security for our local mining partners – ensuring investment is maintained in Scotland’s economy while aso safeguarding and creating jobs in Fife and West Lothian.
“We estimate our operations support up to 1,000 jobs – directly and/or indirectly – across the coal industry in Scotland.”
Fergusson – which also supplies household domestic coal and solid-fuel to industrial customers – reported pre-tax profits of £4.4 million in the year to March 2011.
The EU sits on coal and lignite reserves sufficient to last 130 years and resources to last 1,000 years.
A spokeswoman for Fergusson Coal added: “Coal has been the backbone of our industrial heritage, and remains critical to our prosperity and security for the foreseeable future.
“Coal remains vital on a global scale for providing secure, reliable and economically efficient power and heat. It provides over 40% of UK electricity and is second only to oil in terms of overall energy consumption.
“Coal-fired power is essential in powering our homes, businesses and essential services. Without coal the lights would go out and our economy would grind to a halt
“The Fergusson Coal wholesale team offers competitively priced, high quality products form UK producers as well as from the Group’s own processing facility at Hunterston.
“Our dedicated attention to individual merchants’ requirements enables Fergusson Coal to deliver a unique service to its customers which is reinforced by the Group’s long term commitment to the solid fuel market. Industrial customers benefit form an unbroken chain of quality control from the sourcing of the fuels at the mine, through preparation, transportation and ultimate delivery.”