Barbara Smith

Steelmaker Completes Acquisition of Rebar Facilities

A steel and metal manufacturer based in Irving, Texas, which includes heat treating in the processes it provides recently announced the company has completed the acquisition of 33 rebar fabrication facilities as well as steel mills in the United States.

Barbara Smith, Chairman of the Board, President, and Chief Executive Officer of Commercial Metals

Commercial Metals Company acquired the plants from Gerdau S.A., a producer of long and specialty steel products in the Americas. The steel mills are located in Knoxville, TennesseeJacksonville, FloridaSayreville, New Jersey; and Rancho Cucamonga, California.

“I am thrilled to welcome the approximately 3,200 employees of these operations to Commercial Metals Company,” said Barbara Smith, Chairman of the Board, President, and Chief Executive Officer of Commercial Metals. “The successful completion of the transaction represents an important step in our strategy to be the leading concrete reinforcing specialist as well as a significant provider of merchant and wire rod products.  With our expanded geographic footprint and added operational flexibility, this transaction supports our vertically integrated steelmaking model and will leverage our existing rebar manufacturing technology and customer service core competencies.”

Photo credit: BizJournals.com

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Metals Manufacturer Marks Growth with Second Micro Mill in Oklahoma

A steel and metals manufacturer based in Irving, Texas, which processes materials and services through a network of facilities that includes electric arc furnace (EAF) mini-mills and micro mills, recently dedicated a new micro mill in Durant, Oklahoma.

Barbara Smith, chairman, president, and CEO of CMC.

This is Commercial Metal Company’s second micro mill in Durant, supporting CMC’s processing and supply of steel and metals to a wide range of industries, including energy, construction, refractory, and transportation. The new technologically advanced facility will use a continuous manufacturing process which melts, casts, and rolls steel from a single uninterrupted strand, resulting in higher yields and lower energy consumption.

“We look forward to providing our customers with high-quality product combined with CMC’s outstanding service,” said Barbara Smith, chairman, president, and CEO of CMC.

 

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