Learn the history of Gerdau, a trajectory based entrepreneurship.

30
GERDAU ANNUAL REPORT 2012 | TIMELINE
TIMELINE
Learn about the key facts
that marked Gerdau’s history
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,
The Nail Factory is
in 1930, Hugo and Walter Gerdau
expanded with construction
The Nail Factory – today
take part in the creation of the
of a new plant in Passo
Metalúrgica Gerdau S.A. –
State center for the manufacturing
Fundo (state of Rio
becomes a public company
industry, future Federation of
Grande do Sul, Brazil),
and begins trading on the
Industries of the State.
active until 1964.
Porto Alegre stock exchange.
1907
1933
1947
1901
1914
1946
João Gerdau and his son Hugo
Hugo Gerdau becomes a
Curt Johannpeter,
lay the foundations of Gerdau
founding member of the Cia
son-in-law of Hugo,
with the Pontas de Paris Nail
Geral de Indústrias (state of
takes the company’s
Factory in Porto Alegre (state
Rio Grande do Sul, Brazil),
helm and oversees
of Rio Grande do Sul, Brazil).
which later becomes Fogões
a decisive phase of
Geral. He later assumes
business expansion.
control of the company and in
1947 leaves the business.
TIMELINE | GERDAU ANNUAL REPORT 2012
31
Steel production begins with
Riograndense – known as Usina
The Gerdau Foundation
Farrapos (UFA) – in Porto Alegre
is created, with health,
The São Judas Tadeu
Açonorte steel plant (state
(state of Rio Grande do Sul,
education, housing
Wire Factory is set up
of Pernambuco, Brazil),
Brazil), with forward-thinking
and social assistance
in São Paulo (state
whose facilities were being
conception of the mini-mill, a
programs, reinforcing
of São Paulo, Brazil),
transferred from Tição (in
model based on the use of scrap
the culture of social
marking the company’s
the city of Iguarassu) to the
and regional sales, enabling more
responsibility within
expansion into the
industrial district of Curado
competitive operational costs.
the Organization.
Brazilian southeast.
(in the city of Recife).
1948
1963
1967
1969
1957
The second Riograndense
unit starts up operation
Gerdau acquires the
1964
Germano, Klaus, and
1970
Siderúrgica Riograndense
Jorge Gerdau Johannpeter
publicly launches shares on
in Sapucaia do Sul (RS).
take on leadership
the Rio de Janeiro and São
The mill was also known
positions in the Company,
as Rio dos Sinos mill.
and, in 1971, Frederico
Gerdau Johannpeter also
becomes part of the board.
Paulo stock exchanges.
32
GERDAU ANNUAL REPORT 2012 | TIMELINE
Beginning of
Gerdau’s executive
leadership begins
Gerdau wins its
to be in the hands
first privatization
of Jorge Gerdau
auction in Brazil
Johannpeter (CEO)
and acquires
Cosigua begins to have
and Germano, Klaus,
the Barão de
Gerdau assumes control of the
its shares traded on the
and Frederico Gerdau
Cocais steel mill
Guaíra plant, a steel production
Stock Exchanges in São
Johannpeter
(state of Minas
Paulo and Rio de Janeiro.
(Vice Chairmen).
Gerais, Brazil).
1980
1983
internationalization
Steel distribution activities start
with the acquisition of
with the first Comercial Gerdau in
Laisa in Uruguay.
the state of São Paulo (Brazil).
pioneer in the state of Paraná (Brazil).
1971
1973
1982
1988
1984
Construction of Cosigua mill
Germano, Klaus,
Operation begins at
Cosigua shares are
(RJ) begins in the Industrial
Jorge, and Frederico
the Cearense plant
publicly released,
District of Santa Cruz, which
Gerdau Johannpeter
in Maracanaú (state
was completed in record
became part of
time of 14 months. The
the Gerdau Board
project had the participation
of Directors.
of Thyssen ATH and was
financed by the World Bank
through the International
Finance Corporation
(IFC), among others.
of Ceará, Brazil).
Second Gerdau
plant in the state of
Paraná (Brazil) begins
operation, in Araucária.
which earns the
company more
than 60,000 new
shareholders.
TIMELINE | GERDAU ANNUAL REPORT 2012
Gerdau acquires
Usiba (state of
Bahia, Brazil) at a
privatization auction.
Gerdau acquires
Siderúrgica
Gerdau enters
North America with
Pains, now called
Divinópolis mill.
Gerdau acquires control of
the acquisition of
Ameristeel, marking its arrival
Courtice Steel,
in the United States.
which later took
on the name
Gerdau acquires
of Cambridge in
the province of
Ontario (Canada).
1989
Gerdau S.A., a publicly
MRM in the
stock of Sipar rolling mill in
traded company in Brazil,
province of
Argentina. In 2005, Gerdau
is listed on the New York
takes a controlling stake.
Stock Exchange (NYSE).
Manitoba, Canada.
1994
Acquire part of the capital
1995
1998
1992
1997
The Company acquires AZA in
Gerdau becomes a
Chile and Aços Finos Piratini (state
partner of Açominas with
of Rio Grande do Sul, Brazil).
a small ownership stake.
The GG 50 rebar, a Gerdau flagship
product in Brazil, is launched.
1999
33
34
GERDAU ANNUAL REPORT 2012 | TIMELINE
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
Gerdau celebrates 100 years
Tultitlán) and Venezuela (Siderúrgica Zuliana).
in business with an installed
steel production capacity of 8.4
The Organization also acquires a stake in the
million metric tons per year.
Dominican Republic (Industrias Nacionales - Inca)
Gerdau takes a controlling
and in Aceros Corsa (Mexico), signs agreement
stake in Gerdau Açominas
for purchase of Macsteel (United States), and
(state of Minas Gerais,
starts the Kalyani Gerdau joint venture (India).
Brazil), its largest mill.
Diaco (Colombia) and
Gerdau Açominas (state of Minas Gerais,
Gerdau acquires the Cartersville
North Star Steel (United
plant (United States).
States) are acquired.
2001
2004
2002
Brazil) increases its production capacity by
50% to 4.5 million metric tons per year.
2007
2005
The merger of Gerdau
Gerdau enters Europe,
and Co-Steel, in North
acquiring 40% of Sidenor. As
America, creates
a result of this acquisition, the
Gerdau Ameristeel.
Company takes an indirect
stake in Aços Villares (Brazil).
The Gerdau Institute, responsible
for coordinating the Company’s
2006
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).
social responsibility policies and
guidelines, is created, broadening
the scope of the Gerdau
Foundation, established in 1963.
Gerdau São Paulo mill
(state of São Paulo, Brazil)
commences operations.
TIMELINE | GERDAU ANNUAL REPORT 2012
35
Gerdau invests to expand its
own production of iron ore.
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 enters Central America, with a 30%
stake in Corporación Centroamericana
del Acero, in Guatemala.
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.
The Company acquires a 50.9%
stake in Cleary Holdings (Colombia),
An additional stake of 49.1% is acquired in Cleary
a metallurgical coke producer and
Holdings (Colombia), granting Gerdau 100%
holder of coking coal reserves.
ownership of the company’s capital.
Gerdau takes over Macsteel
Gerdau incorporates Aços Villares, a special
operations (United States), a
steel producer in Brazil, in which the Company
producer of special steels.
already had an 87% direct and indirect stake.
2008
2010
2009
2011
2012
The Várzea do Lopes mine (state
Gerdau completes 110 years of business,
Gerdau announces new
of Minas Gerais, Brazil) is initiated
reaching an annual production capacity of 25
investments in mining
with the production of iron ore.
million metric tons and revitalizes its brand.
The Company’s entering
million metric tons by 2016.
into the flat steel sector
in Brazil is disclosed.
The Mission, Vision, Values, and Code of
Ethics are revised and unified at a global level,
Company announces new
investments in India.
to increase its annual
installed capacity to 18
strengthening Gerdau’s corporate culture.
Gerdau begins studies for commercial
exploration of part of its iron ore
resources located in Minas Gerais.
Later, it celebrates the
firts shipments of iron ore,
marking its entry into the
international mining market.
The Company completes
20 years of experience in
the special steel sector.
The first phase for implementing the Gerdau
Template, which aims to deploy a single system of
Production of special steel
information technology using SAP in all countries
in India begins, in order to
where the Company operates, is completed.
supply the region’s market.
Gerdau announces investments to increase the installed
capacity in special steel mills in Brazil and the United States.