IRVING, Texas, July 18 /PRNewswire-FirstCall/ -- Commercial Metals
Company (NYSE: CMC), headquartered in Irving, Texas, announced today the
acquisition of substantially all of the operating assets of Cherokee
Supply. Established in 1998 with facilities in Tulsa, Oklahoma and Little
Rock, Arkansas, Cherokee Supply specializes in highway and commercial
construction-related products.
The two stores will become part of CMC Construction Services and will
operate under the name of CMC Cherokee. Headquartered in Houston, Texas,
CMC Construction Services is part of CMC's Domestic Fabrication segment and
has 46 locations in 10 southern U.S. states offering a variety of products
and services including rebar fabrication, engineering services for tilt-up,
forming and shoring, rentals and an extensive line of concrete-related
construction materials.
Brothers Tom and Charlie Brown, along with their sister Kasey, were the
previous owners of Cherokee Supply. Tom and Charlie will continue to manage
the businesses in Tulsa and Little Rock, respectively, while Kevin Ruesch
will assume area management responsibilities for both locations.
Binh Huynh, Executive Vice President and CMC Steel Group's CRP and
Rebar Divisional Manager, said, "The acquisition of Cherokee Supply helps
achieve the overall growth objective for our existing CRP operations, and
the company's proven performance in Oklahoma enables us to serve not only
our existing customers better, but our prospective customers as well."
Commercial Metals Company 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.
SOURCE Commercial Metals Company
 back to top
Related links:
http://www.commercialmetals.com
CONTACT:
Debbie Okle, Director, Public Relations of
Commercial Metals Company, +1-214-689-4354
|
