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.
CMC operates 212 facilities in the United States and Poland, including electric arc furnace mini-mills, scrap recycling facilities, and steel fabrication plants. 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.
The company was founded in 1915 by Russian immigrant Jacob Feldman as American Iron & Metal Company, a scrap trading company.
Acquisitions and divestitures Date Acquisition / Divestiture Company Price Ref(s). Acquisition Owen Steel Company $87 million Acquisition Assets of Nicholas J. Bouras Inc. $63 million Divestiture Heavy fabrication plant of SMI-Owen Steel $20 million Acquisition G.A.M. Steel Pty. Ltd of Australia Undisclosed Divestiture Howell Metal Company $58.5 million Acquisition Steel fabrication business of Associated Steel Workers, Limited (steel fabrication facility in Kapolei, Hawaii) Undisclosed Divestiture CMC Cometals Division $179 million Acquisition 33 rebar manufacturing facilities and 4 EAF mini mills from Gerdau $600 million Divestiture 95-acre land parcel in Rancho Cucamonga, California; former site of steel mill acquired from Gerdau $313 million Acquisition Tensar $550 million Acquisition Advanced Steel Recovery Undisclosed Acquisition Galveston area metals recycling facility Undisclosed Acquisition Roane Metals Group LLC Undisclosed Acquisition EDSCO Fasteners LLC Undisclosed
See also List of steel producers History of the Commercial Metals Company
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