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Chaparral Steel history
Chaparral Steel company history timeline
Under the direction of chief executive officer Gordon Forward, a Canadian with a Ph.D. in metallurgy, Chaparral's first steel beams rolled off the line in 1975.
Despite the company's expansion, sales were down in 1982.
A section mill which had been under construction since 1983 was soon to be completed and was expected to increase production capacity by 700,000 tons.
In July of that year, the company made its first shipment to Western Europe, and by the end of 1988 Chaparral products were sold in most Western European countries.
In 1989 it began marketing large structural beams to the booming Mexican construction industry and also began selling products in Japan.
Despite Chaparral's attempt to offset its low domestic demand by doubling its overseas shipments, net income in 1990 plummeted over 50 percent to $24 million on sales of $404 million.
Due to this and other cost-cutting measures, Chaparral fared considerably better in 1994, posting a net income of $11.9 million on record sales of $462 million.
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Chaparral Steel competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Koppers | 1988 | $2.1B | 2,100 | 63 |
| Industrial | - | - | - | 15 |
| The Mundy Companies | 1955 | $58.0M | 1,200 | 45 |
| Koppel Steel | - | $9.5M | 50 | - |
| Phelps Dodge International Corporation | 1956 | $800.0M | 15,000 | - |
| PPM | 2007 | $8.0M | 90 | 7 |
| Nitterhouse Masonry Pdts | 1923 | $30.9M | 100 | - |
| Finkl Steel | - | $3.2M | 50 | 1 |
| Republic Steel | 1989 | $12.0M | 50 | - |
| ASARCO | 1899 | $660.0M | 2,000 | - |
Chaparral Steel history FAQs
Zippia gives an in-depth look into the details of Chaparral Steel, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Chaparral Steel. The employee data is based on information from people who have self-reported their past or current employments at Chaparral Steel. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Chaparral Steel. The data presented on this page does not represent the view of Chaparral Steel and its employees or that of Zippia.
Chaparral Steel may also be known as or be related to Chaparral Steel, Chaparral Steel CO and Chaparral Steel Company Inc.