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João Gerdau and his son Hugo
lay the foundations of Gerdau
with the Pontas de Paris Nail
Factory in Porto Alegre (state
of Rio Grande do Sul, Brazil).
João Gerdau businesses branch
into two separate areas: Hugo runs
the nail factory and his brother
Walter assumes responsibility
for the Gerdau Furniture Factory,
both in Porto Alegre (state of Rio
Grande do Sul, Brazil). Later,
in 1930, Hugo and Walter Gerdau
take part in the creation of the
State center for the manufacturing
industry, future Federation of
Industries of the State.
Hugo Gerdau becomes a
founding member of the Cia
Geral de Indústrias (state of
Rio Grande do Sul, Brazil),
which later becomes Fogões
Geral. He later assumes
control of the company and in
1947 leaves the business.
The Nail Factory is
expanded with construction
of a new plant in Passo
Fundo (state of Rio
Grande do Sul, Brazil),
active until 1964.
Curt Johannpeter,
son-in-law of Hugo,
takes the company’s
helm and oversees
a decisive phase of
business expansion.
The Nail Factory – today
Metalúrgica Gerdau S.A. –
becomes a public company
and begins trading on the
Porto Alegre stock exchange.
Learn about the key factsthat marked Gerdau’s history
1901 1914 19461907 1933 1947
TIMELINE
GERDAU ANNUAL REPORT 2012 | TIMELINE
31
Steel production begins with
Riograndense – known as Usina
Farrapos (UFA) – in Porto Alegre
(state of Rio Grande do Sul,
Brazil), with forward-thinking
conception of the mini-mill, a
model based on the use of scrap
and regional sales, enabling more
competitive operational costs.
The second Riograndense
unit starts up operation
in Sapucaia do Sul (RS).
The mill was also known
as Rio dos Sinos mill.
The Gerdau Foundation
is created, with health,
education, housing
and social assistance
programs, reinforcing
the culture of social
responsibility within
the Organization.
The São Judas Tadeu
Wire Factory is set up
in São Paulo (state
of São Paulo, Brazil),
marking the company’s
expansion into the
Brazilian southeast.
Germano, Klaus, and
Jorge Gerdau Johannpeter
take on leadership
positions in the Company,
and, in 1971, Frederico
Gerdau Johannpeter also
becomes part of the board.
Gerdau acquires the
Açonorte steel plant (state
of Pernambuco, Brazil),
whose facilities were being
transferred from Tição (in
the city of Iguarassu) to the
industrial district of Curado
(in the city of Recife).
Siderúrgica Riograndense
publicly launches shares on
the Rio de Janeiro and São
Paulo stock exchanges.
19571963
1964 19701948 1967 1969
TIMELINE | GERDAU ANNUAL REPORT 2012
32
Gerdau’s executive
leadership begins
to be in the hands
of Jorge Gerdau
Johannpeter (CEO)
and Germano, Klaus,
and Frederico Gerdau
Johannpeter
(Vice Chairmen).
Construction of Cosigua mill
(RJ) begins in the Industrial
District of Santa Cruz, which
was completed in record
time of 14 months. The
project had the participation
of Thyssen ATH and was
financed by the World Bank
through the International
Finance Corporation
(IFC), among others.
Germano, Klaus,
Jorge, and Frederico
Gerdau Johannpeter
became part of
the Gerdau Board
of Directors.
Steel distribution activities start
with the first Comercial Gerdau in
the state of São Paulo (Brazil).
Gerdau assumes control of the
Guaíra plant, a steel production
pioneer in the state of Paraná (Brazil).
Beginning of
internationalization
with the acquisition of
Laisa in Uruguay.
Cosigua begins to have
its shares traded on the
Stock Exchanges in São
Paulo and Rio de Janeiro.
Operation begins at
the Cearense plant
in Maracanaú (state
of Ceará, Brazil).
Cosigua shares are
publicly released,
which earns the
company more
than 60,000 new
shareholders.Second Gerdau
plant in the state of
Paraná (Brazil) begins
operation, in Araucária.
Gerdau wins its
first privatization
auction in Brazil
and acquires
the Barão de
Cocais steel mill
(state of Minas
Gerais, Brazil).
1982 19841983
19731971 1980 1988
GERDAU ANNUAL REPORT 2012 | TIMELINE
33
Acquire part of the capital
stock of Sipar rolling mill in
Argentina. In 2005, Gerdau
takes a controlling stake.
The Company acquires AZA in
Chile and Aços Finos Piratini (state
of Rio Grande do Sul, Brazil).
The GG 50 rebar, a Gerdau flagship
product in Brazil, is launched.
Gerdau acquires
Siderúrgica
Pains, now called
Divinópolis mill.
Gerdau acquires
MRM in the
province of
Manitoba, Canada.
Gerdau becomes a
partner of Açominas with
a small ownership stake.
Gerdau acquires control of
Ameristeel, marking its arrival
in the United States.
Gerdau S.A., a publicly
traded company in Brazil,
is listed on the New York
Stock Exchange (NYSE).
1992 19971994 1995 1998 1999
Gerdau enters
North America with
the acquisition of
Courtice Steel,
which later took
on the name
of Cambridge in
the province of
Ontario (Canada).
Gerdau acquires
Usiba (state of
Bahia, Brazil) at a
privatization auction.
1989
TIMELINE | GERDAU ANNUAL REPORT 2012
34
Gerdau celebrates 100 years
in business with an installed
steel production capacity of 8.4
million metric tons per year.
Gerdau takes a controlling
stake in Gerdau Açominas
(state of Minas Gerais,
Brazil), its largest mill.
Gerdau acquires the Cartersville
plant (United States).
The merger of Gerdau
and Co-Steel, in North
America, creates
Gerdau Ameristeel.
Diaco (Colombia) and
North Star Steel (United
States) are acquired.
Gerdau enters Europe,
acquiring 40% of Sidenor. As
a result of this acquisition, the
Company takes an indirect
stake in Aços Villares (Brazil).
The Gerdau Institute, responsible
for coordinating the Company’s
social responsibility policies and
guidelines, is created, broadening
the scope of the Gerdau
Foundation, established in 1963.
Gerdau acquires Siderperu (Peru),
Sheffield Steel (United States),
Callaway Building Products (United
States), and GSB (Spain).
The Company announces its
joint venture Pacific Coast
Steel (United States).
Gerdau São Paulo mill
(state of São Paulo, Brazil)
commences operations.
André B. Gerdau Johannpeter takes over as Chief
Executive Officer (CEO) and Claudio Gerdau
Johannpeter becomes Chief Operating Officer (COO).
Gerdau acquires Chaparral Steel, one of
the largest producers of structural steel in
the United States, thus marking the greatest
acquisition in the history of the Company.
The Company enters Mexico (Siderúrgica
Tultitlán) and Venezuela (Siderúrgica Zuliana).
The Organization also acquires a stake in the
Dominican Republic (Industrias Nacionales - Inca)
and in Aceros Corsa (Mexico), signs agreement
for purchase of Macsteel (United States), and
starts the Kalyani Gerdau joint venture (India).
Gerdau Açominas (state of Minas Gerais,
Brazil) increases its production capacity by
50% to 4.5 million metric tons per year.
20022004
20062001
20052007
GERDAU ANNUAL REPORT 2012 | TIMELINE
35
The Company acquires a 50.9%
stake in Cleary Holdings (Colombia),
a metallurgical coke producer and
holder of coking coal reserves.
Gerdau enters Central America, with a 30%
stake in Corporación Centroamericana
del Acero, in Guatemala.
Gerdau takes over Macsteel
operations (United States), a
producer of special steels.
The Várzea do Lopes mine (state
of Minas Gerais, Brazil) is initiated
with the production of iron ore.
The Company’s entering
into the flat steel sector
in Brazil is disclosed.
Company announces new
investments in India.
Gerdau incorporates Aços Villares, a special
steel producer in Brazil, in which the Company
already had an 87% direct and indirect stake.
An additional stake of 49.1% is acquired in Cleary
Holdings (Colombia), granting Gerdau 100%
ownership of the company’s capital.
Gerdau gains 100% ownership of Gerdau Ameristeel, with the
acquisition of approximately 34% of the company’s minority
shares. As a result, the company shares are no longer
traded on the Toronto and New York stock exchanges.
Gerdau acquires Tamco (United States), a leading producer
of rebars on the west coast of the United States, with
production capacity of 500,000 metric tons per year.
Gerdau invests to expand its
own production of iron ore.
Gerdau completes 110 years of business,
reaching an annual production capacity of 25
million metric tons and revitalizes its brand.
Gerdau announces new
investments in mining
to increase its annual
installed capacity to 18
million metric tons by 2016.
Later, it celebrates the
firts shipments of iron ore,
marking its entry into the
international mining market.
The Mission, Vision, Values, and Code of
Ethics are revised and unified at a global level,
strengthening Gerdau’s corporate culture.
Gerdau begins studies for commercial
exploration of part of its iron ore
resources located in Minas Gerais.
The first phase for implementing the Gerdau
Template, which aims to deploy a single system of
information technology using SAP in all countries
where the Company operates, is completed.
Gerdau announces investments to increase the installed
capacity in special steel mills in Brazil and the United States.
Production of special steel
in India begins, in order to
supply the region’s market.
The Company completes
20 years of experience in
the special steel sector.
2009 2011 20122008 2010
TIMELINE | GERDAU ANNUAL REPORT 2012
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