Commercial Metals Co. announced the acquisition of substantially all of the operating assets of the Juarez, Mexico, joist manufacturing facility from a subsidiary of Canam Group, Inc. of Quebec, Canada.

The newly acquired Juarez facility and equipment will allow SMI Joist to expand its territory in the southwestern United States and northern Mexico and provide customers with even better delivery. The new facility joins CMC's joist manufacturing group operating as SMI Joist with facilities in Hope, Ark.; Starke, Fla.; Iowa Falls, Iowa; Fallon, Nev.; and Cayce, S.C. The facility is owned by CMC Fabricators, Inc. and will operate as part of CMC's Domestic Fabrication operating segment.

Karl Schoenleber, Divisional Manager for CMC's Joist Division, said, "Our acquisition of the Juarez facility will not only strengthen our presence in the southwestern U.S. and improve our opportunity to grow in the region, but will also position Commercial Metals Co. for a growing market as demand for joists increase in Mexico. This facility is recognized as one of the most efficient and reliable manufacturers of joists in North America, and we are pleased to retain the skilled work force and key managers."

Commercial Metals Co. and subsidiaries manufacture, recycle and market steel and metal products, related materials and services through a network including steel minimills, steel fabrication and processing plants, construction-related product warehouses, a copper tube mill, metal recycling facilities and marketing and distribution offices in the United States and in strategic overseas markets.