Arch Coal, Inc. (NYSE: ACI) ranked in the top 250 Business Technology Innovators of the 2012 InformationWeek 500, marking the 7th consecutive year of recognition for the company.
As quoted in the press release:
Arch Coal most notably was recognized for the speed of integration following a major acquisition. In May 2011, Arch Coal announced the $3.4 billion acquisition of International Coal Group (ICG), a leading global metallurgical coal supplier with more than 3,000 employees.
John T. Drexler, Arch Coal’s senior vice president and chief financial officer, commented:
Because of the swift and precise integration, the two companies acted as one during the very first year following the transaction. Our business process approach, involving teams composed of functional experts and technologists, allows Arch to drive real value throughout the organization, whether we’re tackling a massive acquisition or deploying new technologies.