JRL Energy CEO Recognized with Entrepreneurial Spirit Award

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May 20, 2019, 09:00 ET

ATLANTA, May 20, 2019 /PRNewswire/ -- JRL Energy, Inc. ("JRL" or the "Company") Chief Executive Officer ("CEO") Timothy Lusby was recognized for his entrepreneurial achievements by the Berry Alumni Association. Mr. Lusby received the 2019 Entrepreneurial Spirit Award and was inducted in to the Berry Alumni Hall of Fame.

"I am deeply humbled by this honor. When you become an entrepreneur, you are not driven by fame and money. Entrepreneurs are fueled by the thrill of making a difference in people's lives and seeing firsthand the positive impact that comes from your business," said Lusby upon hearing of his award.

Mr. Lusby has been credited with creating over 250 new jobs in Harlan, Kentucky, the Company's primary mining location. Mr. Lusby and JRL were recently honored as the Harlan County Chamber of Commerce Business of the Year. In addition, he has spearheaded innovative changes in the coal industry with the design and implementation of the Company's proprietary mining technology, CoalTracker.

Prior to starting JRL, Mr. Lusby co-founded Amendia, Inc., a leading provider of innovative medical devices used during spinal surgical procedures, where he was the President and Chief Operating Officer. At Amendia, he was instrumental at developing a high-tech manufacturing organization, which utilizes robotic technology to significantly reduce manpower. Mr. Lusby was commissioned in 1984 as a Regular Army Lieutenant and graduated from Berry College in 1984, with a Degree in Business Administration and an emphasis in Finance.

"There is no secret process in starting a successful business venture, it's finding the right people and encouraging good robust discussions about the business. Tim has a great eye for finding the right talent, and getting the most out of his people," said JRL's Co-founder and Chairman of the Board, Jouko Rissanen.

Mr. Lusby received his award at the Berry College Awards and Golden Guard Dinner on May 18, 2019.

About JRL Energy, Inc.

JRL Energy, Inc., was formed in October 2016 to mine metallurgical and thermal grade coal in southeast Kentucky. The company conducts both surface and underground mining on leasehold interests covering over 20,000 acres and representing over 54 million recoverable tons of coal. It holds twelve (12) coal mining permits issued by the Kentucky Department of Natural Resources, including permits to process and wash coal, dispose of waste, and load unit trains. It continues to secure coal leases and permits to meet high demand for CAPP (Central Appalachia) clean coal.

About Berry College

Founded in 1902, Berry College is a comprehensive liberal-arts college with Christian values. Current enrollment is 1,936 undergraduate students and 78 graduate students. Berry College is accredited by the Southern Association of Colleges and Schools Commission on Colleges to award baccalaureate, masters and education-specialist degrees. Its primary campus is in Rome, Georgia.

SOURCE JRL Energy, Inc.