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 Announces Resignation of CMC Americas Division President Russell B. Rinn
02 February 2010 - Commercial Metals announces the resignation of Russell B. Rinn, Executive Vice President of CMC and President of the CMC Americas Division, following 31 years of service to the company.
Commercial Metals Reports First Quarter Loss
24 December 2009 - Commercial Metals reports a net loss of $31.2 million ($0.28 per share) on net sales of $1.4 billion for the quarter ended November 30, 2009, compared with net earnings of $62.0 million ($0.54 per diluted share) on net sales of $2.4 billion for last year's first quarter.
CMC Cometals to Build Alloy Hardeners Plant near Cayce Minimill
18 November 2009 - CMC’s Cometals Division announces plans to construct a state-of-the-art alloy hardeners plant near the company’s Cayce, S.C., steel minimill.
Commercial Metals to Realign Organization
11 November 2009 - Commercial Metals Co. has announced a realignment in its segment reporting structure within its major operational units, the CMC Americas Division and the CMC International Division, effective December 1.
CMC Alabama Starts up Motank System for Remote Slag Door Cleaning
10 November 2009 - CMC Alabama commissions a MOTANK system from MORE srl for remote-controlled slag door cleaning in its 80-ton EAF.
Commercial Metals Reports 4th-Quarter, Full-Year Profits
02 November 2009 - Commercial Metals reported net earnings of $7.2 million on net sales of $1.5 billion for the fourth quarter and net earnings of $20.8 million on net sales of $6.8 billion for the year ended August 31, 2009.
Commercial Metals Company Reports Third Quarter Loss
24 June 2009 - Commercial Metals Co. reported a net loss of $13.1 million on net sales of $1.3 billion for the quarter and net earnings of $13.6 million on net sales of $5.3 billion for the nine months ended May 31, 2009.
Commercial Metals Announces Retirement of General Counsel
01 June 2009 - Commercial Metals Co. announces the planned retirement of David M. Sudbury, Senior Vice President, Secretary & General Counsel, effective at the end of CMC's 2009 fiscal year on August 31, 2009.
CMC Reports 4th Quarter, Full Year Results
31 October 2008 - Commercial Metals reports net earnings of $63.5 million on net sales of $3.1 billion for the fourth quarter, and net earnings of $232.0 million on net sales of $10.4 billion for the year ended August 31, 2008.
CMC Implements QMOS on South Carolina Rolling Mill
11 September 2008 - CMC-South Carolina becomes the third Commercial Metals rolling mill to implement Quad InfoTech’s QMOS mill operation system.
CMC Completes Acquisition of Reinforcing Post-Tensioning Services
02 September 2008 - Commercial Metals completes its acquisition of Claremont, Calif., based Reinforcing Post-Tensioning Services, Inc., Regional Steel Corp., and RPS Cable Corp.
CMC Arkansas Implements QMOS as its MES System
13 August 2008 - CMC-Arkansas becomes the second Commercial Metals rolling mill to implement Quad Infotech’s QMOS System.
CMC Implements QMOS 10.5 at Seguin Plant
06 August 2008 - Commercial Metals’ Seguin, Texas, plant goes live with Quad Infotech’s QMOS system, making it the first mill to implement the new QMOS version 10.5.
Commercial Metals Sells Senior Unsecured Notes
05 August 2008 - Commercial Metals Company sells $500 million principal amount of Senior Unsecured Notes due 2018.
CMC to Expand Rebar Fabrication with Acquisition of RPS and Affiliates
16 July 2008 - Commercial Metals enters agreement to purchase the operating assets of Reinforcing Post-Tensioning Services, Regional Steel Corp., and RPS Cable Corp., based in Claremont, Calif.
CMC Board Names McClean Chairman
14 July 2008 - The Commercial Metals Co. Board of Directors elects Murray R. McClean as Chairman of the Board in addition to his ongoing responsibilities as President and Chief Executive Officer.
CMC Completes Acquisition of ABC Coating Companies and Affiliates
02 July 2008 - Commercial Metals completes its acquisition of the operating assets of ABC Coating Companies, Banner Rebar, and Toltec Steel Services.
CMC Reports Third Quarter Earnings
19 June 2008 - Commercial Metals Co. reports net earnings of $59.5 million on net sales of $2.9 billion for the quarter, and net earnings of $168.4 million on net sales of $7.3 billion for the nine months ended May 31, 2008.
CMC Subsidiary Closes Purchase of PHP Nike
06 June 2008 - Commercial Metals subsidiary, CMC Poland, completes its acquisition of the outstanding shares of PHP Nike SA, Poland.
CMC Acquires Assets of Rebar Services and Supply Company
30 April 2008 - Commercial Metals Co. completes its acquisition of the operating assets of Rebar Services and Supply Co. of Fort Worth, Texas.
