Keystone Industries could hire more workers if the permitting would hurry up: Scholl
Tom Scholl, CEO of Keystone Industries, told CNBC that he could put more people to work but the U.S. federal government is standing in the way.
Scholl said the states are working "pretty close" with the mining companies. It is the federal government that is holding up mining and not working fast enough on permitting. Scholl singled out the US Army Corp of Engineers as creating the slowdown.
"We are the Saudi Arabia of coal in the United Stats. It is a great export commodity. And any time you export it it is going to create a lot of jobs."