Commercial Metals Co.
Commercial Metals Company (CMC) is a global, low-cost metals recycling, manufacturing, fabricating, and trading enterprise. Originating in 1915 with a single recycling location, it has progressively moved into higher value downstream segments of the steel value chain and is now a vertically integrated company. With corporate headquarters in Irving, Texas, today it operates in four primary business segments at over 200 locations and in more than 20 countries.
Latest News
Commercial Metals Declares 2-for-1 Stock Split
25 April 2006 -
CMC to Buy Yonack Iron & Metal Assets
13 April 2006 -
CMC to Buy Yonack Iron & Metal Assets
13 April 2006 -
CMC Reports Strongest 2nd Quarter in Its History
22 March 2006 -
CMC Acquires Assets of Brost Forming Supply
03 March 2006 -
Commercial Metals Elects Lead Director
15 February 2006 -
Commercial Metals Elects Lead Director
15 February 2006 -
CMC Appoints President and Chief Operating Officer
27 January 2006 -
CMC Reports Near-Record First Quarter
22 December 2005 - Commercial Metals Co. reported first quarter net earnings of $69.6 million on net sales of $1.6 billion for the quarter ended November 30, 2005.
Commercial Metals Acquires Norfolk Rebar Fabricator
15 November 2005 - Commercial Metals Co. announced the acquisition of substantially all operating assets of Norfolk, Va., reinforcing steel fabricator Hall-Hodges Company.
Commercial Metals Names New CEO for CMC Steel Group
27 October 2005 - Stanley A. Rabin, Chairman, President and CEO of Commercial Metals Co., announced that Russell B. Rinn will be appointed President and CEO of the CMC Steel Group effective January 26, 2006.
Commercial Metals Reports Record Annual Earnings
26 October 2005 - Commercial Metals Co. reported record net earnings of $83.7 million on net sales of $1.7 billion for the fourth quarter and record net earnings of $286 million on net sales of $6.6 billion for the year ended August 31, 2005.
CMC Acquires Canam Joist Manufacturing Operation in Mexico
17 August 2005 - 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.
CMC Opens New Birmingham Scrap Processing Facility
29 June 2005 - Commercial Metals Co. opened its newest scrap processing facility in Birmingham, Ala.
Commercial Metals Reports Best Third Quarter Ever
22 June 2005 - Commercial Metals Co. reported net earnings of $71.7 million on net sales of $1.7 billion for the quarter ended May 31, 2005, ranking it as the strongest third quarter ever for the company.
Commercial Metals Repurchases Shares, Announces New Repurchase Authority
25 May 2005 - The Commercial Metals Company board of directors has authorized the purchase of up to 2,000,000 shares of the company's common stock.
Commercial Metals Reports Record 2nd Quarter
23 March 2005 - Commercial Metals Co. reported net earnings of $56.6 million on net sales of $1.6 billion for the quarter ended February 28, 2005, ranking it as the strongest second quarter ever reported for the company. The company also reported net earnings of $130.3 million on net sales of $3.1 billion for the first six months of the fiscal year.
CMC Reports Record Quarterly Earnings
20 December 2004 - Commercial Metals Co. reported record quarterly net earnings of $73.7 million on net sales of $1.53 billion for the quarter ended November 30, 2004. This is the third consecutive quarter in which net earnings exceeded those for any previous complete fiscal year before fiscal 2004.
Commercial Metals Declares 2-for-1 Stock Split
23 November 2004 - Commercial Metals Co.’s board of directors declared a two-for-one stock split in the form of a 100% stock dividend on the company's common stock payable January 10, 2005 to shareholders of record December 13, 2004. Each stockholder of record will receive one additional share of CMC common stock for each share held as of the record date.
CMC Acquires California Fabricating Operation
05 November 2004 - Commercial Metals Co. announced the acquisition of substantially all of the operating assets of the J. L. Davidson Co.'s rebar fabricating facility located in Rialto, Calif.
