Commercial Metals Company (CMC) is a company that produces rebar and related construction materials headquartered in Irving, Texas. Along with Nucor, it is one of two primary suppliers of steel used to reinforce concrete in buildings, bridges, roads, and infrastructure in the U.S. The company also owns Tensar, a producer of foundation systems used for the construction of roadways, public infrastructure, and industrial facilities.[1]
CMC operates 212 facilities in the United States and Poland, including electric arc furnace mini-mills, scrap recycling facilities, and steel fabrication plants.[1] In its fiscal 2023 year, it shipped 6.1 million short tons of steel to external customers; 84% of its sales were in the United States and 16% of its sales were from its facilities in Poland.[1]
The company was founded in 1915 by Russian immigrant Jacob Feldman as American Iron & Metal Company, a scrap trading company.[2]
Acquisitions and divestitures
See also
External links
References
- Commercial Metals Company Form 10-K Annual Report for the Fiscal Year Ended August 31, 2023 U.S. Securities and Exchange Commission^
- Commercial Metals Company Encyclopedia.com^
- Commercial Metals to Acquire Owen Steel The New York Times, September 28, 1994^
- Commercial Metals to buy Bouras assets for $63M American City Business Journals, March 5, 2007^
- Commercial Metals sells SMI-Owen plant American City Business Journals, March 28, 2002^
- Commercial Metals Company Completes Acquisition of Australian Long Products Distributor G.A.M. Steel Pty. Ltd. PR Newswire, June 3, 2011^
- Commercial Metals Company Announces Sale Of 100% Ownership Interests In Howell Metal Company PR Newswire, October 17, 2013^
- Commercial Metals Company Signs Definitive Asset Purchase Agreement for Purchase of Steel Fabrication Business of Associated Steel Workers, Limited PR Newswire, October 26, 2016^
- Commercial Metals Company Announces Completion of Sale of CMC Cometals Division PR Newswire, August 31, 2017^
- Irving-based steel manufacturer Commercial Metals plans $600 million acquisition to double capacity The Dallas Morning News, January 2, 2018^
- Commercial Metals Company Completes Acquisition Of Certain U.S. Rebar Assets From Gerdau PR Newswire, November 5, 2018^
- Commercial Metals Company Completes Southern California Land Sale PR Newswire, January 4, 2022^
- Trevor Bach. Ares buys site of shuttered steel mill in Inland Empire The Real Deal, January 4, 2022^
- Commercial Metals Completes Acquisition of Tensar Corporation PR Newswire, April 25, 2022^
- Commercial Metals Company Acquires Advanced Steel Recovery PR Newswire, September 15, 2022^
- Commercial Metals Company Acquires Texas Metal Recycling Facility PR Newswire, November 15, 2022^
- COMMERCIAL METALS COMPANY ACQUIRES TENNESSEE METAL RECYCLING COMPANY PR Newswire, March 3, 2023^
- Commercial Metals Company Acquires EDSCO Fasteners LLC PR Newswire, July 13, 2023^