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United Coal Company
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2011

January

February

March

April

May

June

  • Under the leadership of President and CEO Mike Zervos, UCC continues to pursue its vision to be one of the world’s premier suppliers of superior grade metallurgical coal.

  • UCC continues to expand production capacity to reach nearly 10 million tons annually by 2015.

  • Work beginning on Roaring Creek operations

  • Production scheduled to begin on Affinity complex

July

August

September

October

November

December

2010

January

February

March

April

May

June

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

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

July

August

September

October

November

December

2009

January

February

March

April

May

June

  • 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.

  • Metinvest Group becomes the parent company of UCC.

July

August

September

October

November

December

2008

January

February

March

April

May

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.

July

August

September

October

November

December

2007

January

February

March

April

May

June

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

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

July

August

September

October

November

December

2006

January

February

March

April

May

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.

July

August

September

October

November

December

2005

January

February

March

April

May

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.

July

August

September

October

November

December

2004

January

February

March

April

May

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.

July

August

September

October

November

December

1997

January

February

March

April

May

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.

July

August

September

October

November

December

1987

January

February

March

April

May

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.

July

August

September

October

November

December

1981

January

February

March

April

May

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.

July

August

September

October

November

December

1978

January

February

March

April

May

June

  • UCC moves headquarters to Bristol, Va.

July

August

September

October

November

December

1970

January

February

March

April

May

June

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

July

August

  • UCC establishes headquarters in Grundy, Va.

September

October

November

December