 In 1970, Jim McGlothlin (a legal resident of Naples, Florida), along with his father Woodrow W. McGlothlin (who started the Diamond Smokeless Coal Co. in the mid-1950s) and five other investors, founded United Coal Company in Grundy, Virginia.McGlothlin first sold UCC in 1997 and later repurchased the company in 2004.The McGlothlins also founded The McGlothlin Foundation, which funds a variety of education-related causes in Southwest Virginia and The United Company Charitable Foundation.