Walter Industries Inc.

• Public
• US

Dow Jones Description

Walter Industries, Inc., together with its subsidiaries, provides a line of products and services, including coal and natural gas, furnace and foundry coke, slag fiber, mortgage financing, and home construction worldwide. It extracts metallurgical coal primarily from two underground mines in Alabama, as well as natural gas from the coal seams. The company also manufactures foundry coke that is marketed to ductile iron pipe plants and foundries producing castings, such as for the automotive and agricultural equipment industries; furnace coke, which is sold to the domestic steel industry for producing steel in blast furnaces; and slag fiber, an insulating fiber used principally by acoustical ceiling tile manufacturers. In addition, it offers financing to homebuyers secured by first lien mortgages and purchases mortgage loans from third parties; operates as an agency that provides fire and extended insurance coverage for homeowners; and offers reinsurance and provides captive coverage for various other company risks, including workers' compensation for homebuilding. Further, Walter Industries builds detached and single-family residential homes, as well as modular homes. The company was founded in 1946 and is headquartered in Tampa, Florida.

Number of Employees 1,200

Contact Information

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