Our history

June

June

June

• Work is beginning on the Paw Paw 2 Mine at the Wellmore subsidiary and the Wyco Surface Mine at the Affinity Complex.
• UCC continues to expand production by ramping-up productivities at its Morgan Camp Mine and starting the Beech Mountain Mine at the Carter Roag subsidiary.

• Under the leadership of John Schroder, UCC continues to pursue its long term strategy to organically grow the company by mining its top quality met coal reserves.

June

• UCC restarts production at the Pocahontas subsidiary with a contractor highwall miner.  The coal produced from this mine is hauled to the Affinity Complex for processing at the Affinity Prep Plant.

• Metinvest appoints John Schroder as the new President and CEO of UCC.
  

June

• The new Affinity mine creates a potential of 1500 direct and indirect jobs in Southern W.Va., region.

• UCC launches Affinity Coal Company, opening the subsidiary’s first mine in Midway, W.Va.

June

• Metinvest Group becomes the parent company of UCC.

• UCC moves headquarters to Bristol, Tenn., accomplishing two strategic goals: to consolidate all corporate functions under one roof and to be geographically positioned to more efficiently interact with vendors.

June

• UCC more than 1,100 employees and 30 mines located in three states – Virginia, West Virginia and Kentucky.

• UCC moves forward with an emphasis on sustaining the highest safety standards, a renewed sensitivity to employees’ needs and promoting teamwork to meet the demands of an expanding market.

June

• Production tops 4.5 million clean short tons – 47 percent metallurgical for steel production and 53 percent steam coal for power generation.

• UCC continues its aggressive business plan, adding employees and more than $15 million in equipment upgrades.

June

• UCC’s sales revenues are $430 million.

• UCC produces almost 5 million clean short tons of coal – 45 percent metallurgical and 55 percent steam.

• UCC acquires Wellmore Coal Company.

• With a 55-million-ton reserve base, UCC invests more than $65 million in its successful growth plan.

June

• UCC appoints new CEO Michael Zervos.

• UCC adds Pocahontas Coal Company.

• UCC gains industry recognition for cleaning up mines, buying new equipment and paying top wages.

• By the end of the year, UCC owns underground, surface and highwall operations in Virginia, West Virginia and Kentucky.

June

• UCC purchases Sapphire and Carter Roag subsidiaries.

• Jim McGlothlin seizes an opportunity to re-enter the coal industry and introduces the “new” United Coal Company.

June

• UCC withdraws from the coal business amid decreasing demand and prices due to displacement by nuclear energy.

•   The United Company continues to invest in other ventures.

June

• UCC creates The United Company and diversifies into oil, gas, real estate, steel buildings, mining and construction supplies, precious metals, chartered aircraft and financial services.

June

• UCC leads coal exports at Hampton Roads, Va., demonstrating the high demand for the company’s superior coal reserves, both domestically and globally.

• UCC acquires rail-loading facilities, preparation plants and other coal companies across the region.

June

• UCC moves headquarters to Bristol, Va.

June

• Southwest Virginia native Jim McGlothlin launches United Coal Company, a small surface mining operation in Buchanan County, Va.