Today, Senators Dan Coats (R-Ind.) and Joe Donnelly (D-Ind.), along with Congressman Larry Bucshon (R-Ind.), welcomed the news that Vectren Fuels received the material license the company needed to open its second underground coal mine, leading to over 100 new jobs in Knox County.
"Indiana's energy resources, business-friendly policies and skilled workforce make our state one of the best places in the Midwest for companies to prosper, but often federal regulations can impede economic growth and job creation," said Coats. "I am pleased the administration has responded to our request for a timely review of this company's pending license so it can move forward with energy production in southwest Indiana and continue to provide Hoosiers with job opportunities."
"Southwest Indiana is a leader in energy production, so I was pleased to have the opportunity to work with my friends, Senator Coats and Congressman Bucshon, to continue to support this industry that is so important to our state's economy," said Donnelly. "Members of the Indiana delegation are dedicated to working with one another on the issue first and foremost on every Hoosier's mind: job creation."
"The 8th District is home to an abundance of natural resources that are vital to Indiana's energy industry and job creation," said Bucshon. "As the son of a coal miner, I understand that federal regulation can often be an obstacle for this industry, so I am pleased to have joined with Senators Donnelly and Coats to help this Knox County company navigate the permitting process and create jobs here in Southwest Indiana."
In March, Senators Coats and Donnelly, along with Congressman Bucshon, sent a letter to the Nuclear Regulatory Commission asking for a timely review of the mining company's material license in order to move forward on this major coal purchase contract. The company received the news that their license was approved in early April.