| 1909 |
Birmingham
Slag Company, a family-owned construction materials company, is
founded. |
| 1916 |
Charles
Lincoln Ireland, a banker from Ohio, purchases Birmingham Slag and
sends his sons, Glenn, Eugene and Barney to Birmingham to manage
the new business. |
| 1932 |
Birmingham
Slag remains profitable under the Ireland’s leadership until 1932,
when the world economy is affected by the Great Depression. After
the depression, Birmingham Slag Company begins to grow in earnest. |
| 1939 |
Birmingham
Slag becomes a major supplier to Tennessee Valley Authority projects. |
| 1942 |
Birmingham
Slag begins a three-year contract providing construction materials
for the war effort including Oak Ridge, Redstone Arsenal and other
major military projects. |
| 1944 |
Birmingham
Slag enters into a joint venture with Lambert Brothers, Inc., one
of the South’s largest aggregates businesses located in Knoxville,
Tennessee. The strategic joint venture provides significant and
profitable growth for Birmingham Slag. |
| 1950 |
Birmingham
Slag has 600 employees, sales of more than $20 million, and net
profits between $1.5 million and $2 million per year. |
| 1951 |
Glenn
Ireland’s son Charles is elected president of Birmingham Slag. Tremendous
opportunities are envisioned under the Eisenhower administration’s
Federal Highway Program. The company expands rapidly in order to
become a major supplier of aggregates called for under the highway
program. |
| 1956 |
Bernard A. Monaghan, a prominent
lawyer and a former Rhodes Scholar joins Birmingham Slag to help
engineer a merger with the Vulcan Detinning Company of Sewaren,
New Jersey. Birmingham Slag becomes a publicly traded company under
Vulcan Detinning’s listing on the New York Stock Exchange. The new
company is renamed Vulcan Materials Company and has access to the
capital markets that will help it grow and prosper.
|
| 1957 |
Vulcan
Materials Company asks stockholders to approve a merger with nine
companies at the same time – Union Chemicals, Lambert Brothers and
seven other aggregates or related corporations. Fortune magazine
observes that the prospectus issued for the transaction is one of
the most complex ever printed. |
| 1957 |
Vulcan’s
Chemicals Division is formed as a result of the merger with Union
Chemicals and Materials Corporation. |
| 1958 |
Bernard
Monaghan becomes executive vice president of Vulcan Materials Company,
and is later elected president and CEO of the Company. A decentralized
organizational structure is developed creating nine operating divisions
and a corporate office. |
| 1959 |
Vulcan
purchases W.E. Graham & Sons, a North Carolina family-owned
aggregates and general contracting firm. |
| 1968 |
Vulcan
builds a world class chlorinated organic chemical plant on greenfield
site in Geismar, Louisiana. |
| 1975 |
Vulcan’s
Chemicals Division moves its headquarters from Wichita, Kansas,
to Birmingham, Alabama. |
| 1976 |
Vulcan
forms Saudi Arabian joint venture to supply aggregates, asphalt,
and ready-mix. |
| 1980 |
Vulcan
acquires the Port Edward, Wisconsin, chloralkali plant from BASF. |
| 1981 |
Company-wide
sales reach $783 million ranking Vulcan Materials Company 367 in
the Fortune 500. |
| 1981 |
Vulcan’s
Chemicals Division begins using the trade name Vulcan Chemicals. |
| 1984 |
Vulcan
constructs and operates the first commercial-size membrane cell
chloralkali facility in the U.S. at its Wichita, Kansas, plant. |
| 1987 |
Vulcan
acquires White’s Mines, Inc. and affiliated companies, greatly expanding
Texas operations. Vulcan Sells detinning and related metals
businesses. |
| 1987 |
Vulcan
and its Mexican partner, Grupo ICA, form the Crescent Market Companies
to produce high quality limestone at a quarry on the Yucatan Peninsula
of Mexico for shipment to various markets primarily along the U.S.
Gulf Coast. The joint venture includes a shipping company and a
U.S.-based sales distribution company. |
| 1988 |
Vulcan
Chemicals becomes a major supplier to silicones industry with purchase
of Vista’s methyl chloride business. |
| 1990 |
In
its largest acquisition to date, Vulcan acquires the massive Reed
Quarry, near Paducah, Kentucky. In addition to added capacity and
reserves, the Reed acquisition gives Vulcan access to new stone
markets via barge shipments along the Mississippi River and Tennessee-Tombigbee
Waterway. |
| 1992 |
Vulcan
Chemicals achieves ISO 9002 registration at all chloralkali sites. |
| 1992 |
Vulcan
acquires Olin’s sodium chlorite business and constructs the largest
U.S. sodium chlorite plant at the Wichita chloralkali facility. |
| 1994 |
Vulcan
acquires Callaway Chemical Company from Exxon and forms the Performance
Systems Business Unit within the Chemicals Division. |
| 1998 |
Vulcan
enters into a joint venture with Mitsui and begins construction
of a new membrane chloralkali facility and a facility expanding
production of ethylene dichloride at the Geismar, Louisiana plant. |
| 1999 |
Vulcan
acquires CalMat, Inc., expanding the Company’s aggregates operations
into California, Arizona and New Mexico and making Vulcan one of
the nation’s leading producers of hot-mix asphalt and ready-mixed
concrete. |
| 2000 |
Existing
businesses in Vulcan’s Performance Systems Business Unit are combined
to create Vulcan Chemical Technologies. Vulcan’s Chloralkali Business
Unit retains the Vulcan Chemicals trade name. |
| 2000 |
Vulcan
begins construction of new plant in Geismar, Louisiana, to produce
240fa, a feedstock for a new generation of ozone-friendly fluorocarbons
used in insulation and construction foam products. |
| 2000 |
Vulcan
acquires Tarmac America’s aggregates operations, significantly extending
the geographic scope of Vulcan’s operations in the eastern United
States. |
| 2001 |
Vulcan
acquires its partner’s interests in the Crescent Market Companies,
an international joint venture that produces aggregates in the Yucatan
Peninsula and transports and sells them in various markets primarily
along the U.S. Gulf Coast. |
| 2003 |
Divests
Performance Chemicals assets, except the sodium chlorite business,
to ALTIVIA Corporation, Kemira Oy and Lynx Chemical Group. |
| 2005 |
Vulcan
divests Vulcan Chemicals to Occidental Chemical Corporation. The
sale includes chloralkali plants in Wichita, Kansas, Geismar, Louisiana,
and Port Edwards, Wisconsin. |
| 2007 |
Vulcan celebrates its 50th anniversary as a publicly held company. In November, Vulcan acquires Florida Rock Industries, Inc. in the largest acquisition in Vulcan’s 50-year history. |