Coastal Shower Doors history

In July of 1975, Coastal needed to expand its operations and moved to 8500 Bay Center Road, Jacksonville, Florida.

Coastal's expansion continued in 1976 with the purchase of Pacific Refining Company's plant in Hercules, California, which increased Coastal's refining capacity to about 300,000 barrels per day.

In 1977 Coastal acquired Miami-based Belcher Oil Company, one of the largest marketers of fuel oils in the Southeast.

The spinoff, Valero Energy Corporation, which was formed on December 31, 1979, from LoVaca and other Coastal assets, had annual revenues of about $1 billion.

In 1980 Wyatt changed the company's name to Coastal Corporation, and in the same year revenues exceeded $5 billion.

Wyatt's unsuccessful attempt to take over Houston Natural Gas in 1984 yielded a similar return of $42 million.

In 1985 Wyatt set about acquiring American Natural Resources (ANR), one of the most profitable natural gas pipelines in the Midwest.

The United States government took action against Coastal's agreement with Libya in 1991 by prohibiting United States citizens from working for the venture.

In 1992 Coastal shut down its refinery in Kansas when its refining and marketing division reported an operating loss of $192 million, but the company continued to grow, seeking acquisitions and joint ventures to streamline operations.

1993: Coastal completes construction on the Empire State Pipeline, a joint venture.

1995: Wyatt retires as CEO.

The company announced plans to start exploration in Australia, and in October 1998 Coastal signed a deal with Petrobras, Brazil's national oil company.

In 1999 Coastal announced plans to develop a 700-mile pipeline running from Mobile, Alabama, to Tampa Bay, Florida.

Coastal Industrial was established in 2001.

In that year Coastal acquired an 11 percent interest in the 1,900-mile Alliance Pipeline, designed to move natural gas from western Canada to the Chicago region. It was projected that the pipeline would be completed by 2002.

In addition, according to Coastal, by 2010 the demand for natural gas was expected to grow considerably, from 22 trillion cubic feet to 30 trillion cubic feet per year.