Patriot Coal moves corporate headquarters to West Virginia

Patriot Coal announced Friday its decision to move its corporate headquarters from St. Louis, MO to Scott Depot in Putnam County.

Patriot President and CEO Ben Hatfield said the move was effective Jan. 1.

“The move from St. Louis will accomplish dual objectives of reducing administrative costs and positioning the corporate headquarters in closer proximity to our mining operations and customers,” Hatfield in a news release. “The transition of corporate office functions began in November and is expected to be completed in the first quarter of 2015.”

Patriot moved its West Virginia officers from downtown Charleston to the Putnam County site last year.