Gov. Timothy M. Kaine says 69 jobs will be created and 131 jobs will be retained. Alpha's existing headquarters is in Abingdon.
The headquarters will be located in a new business complex in Bristol. The project is expected to be completed in mid-2011.
Alpha CEO Kevin Crutchfield says the new location's proximity to many of the company's operations is an advantage.
Alpha has 6,200 employees and 61 mines in Wyoming, West Virginia, Kentucky, Pennsylvania and Virginia.
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