This program also helps Alliance Coal identify and cultivate top talent for the future.
(PRWEB) January 26, 2015
Alliance Resource Partners, L.P. (NASDAQ: ARLP) and Alliance Holdings GP, L.P. (NASDAQ: AHGP) have announced an increase in scholarships to be granted by the Alliance Coal Scholars Program.
Beginning with the high-school graduating class of 2015, the Program will recognize scholastic achievement by the sons and daughters of Alliance employees with awards of $2,000 scholarships to the top five high-school seniors and $1,000 scholarships to the next ten highest-ranking candidates. The $2,000 scholarships are renewable for up to three additional years. In addition, five teachers are selected annually to receive a $500 Alliance Coal Teacher Achievement Award.
“As Alliance Coal has grown, so has the number of outstanding graduating seniors. We’re proud to increase support for these college-bound students,” said Paul Mackey, Vice President, Employee Health and Benefits. “In addition to contributing to the students’ continuing education, this program also helps Alliance Coal identify and cultivate top talent for the future.”
Scholarship America, the nation's largest private sector scholarship and educational support organization, administers all aspects of Alliance Coal Scholars Program, including the selection process. Since 1996, the Alliance Coal program has provided $235,500 in scholarships to 145 students and $27,000 to exemplary teachers.
About Alliance Resource Partners, L.P.
ARLP is a diversified producer and marketer of coal to major United States utilities and industrial users. ARLP, the nation's first publicly traded master limited partnership involved in the production and marketing of coal, is currently the third largest coal producer in the eastern United States with mining operations in the Illinois Basin and Appalachian coal producing regions. ARLP operates ten mining complexes in Illinois, Indiana, Kentucky, Maryland and West Virginia. ARLP is also purchasing reserves, operating surface facilities and making equity investments in a new mining complex in southern Illinois. In addition, ARLP operates a coal loading terminal on the Ohio River at Mount Vernon, Indiana.
News, unit prices and additional information about ARLP, including filings with the Securities and Exchange Commission, are available at http://www.arlp.com. For more information, contact the investor relations department of Alliance Resource Partners, L.P. at (918) 295-7674 or via e-mail at [email protected]
About Alliance Holdings GP, L.P.
AHGP is a limited partnership formed to own and control Alliance Resource Management GP, LLC, the managing general partner of ARLP, through which it holds a 1.98% general partner interest and the incentive distribution rights in ARLP. In addition, AHGP owns 31,088,338 common units of ARLP.
News, unit prices and additional information about AHGP, including filings with the Securities and Exchange Commission, are available at http://www.ahgp.com. For more information, contact the investor relations department of Alliance Holdings GP, L.P. at (918) 295-1415 or via e-mail at investorrelations(at)ahgp(dot)com.