IRVING, Texas, Sept. 19 /PRNewswire-FirstCall/ -- Commercial Metals
Company (NYSE: CMC), headquartered in Irving, Texas, announced today that
it has completed the acquisition of substantially all the operating assets
of Economy Steel, Inc. of Las Vegas, Nevada. The acquired assets will
operate under the new name of CMC Economy Steel and as part of CMC
Americas' Fabrication and Distribution segment.
Established in 1980, CMC Economy Steel is a rebar fabricator, placer,
construction-related products supplier and steel service center. Karl
Gamertsfelder, Area Manager - Desert States, will assume the role of
General Manager and Chuck Darnell, former owner, will serve as Operations
Manager for the facility.
Russ Rinn, CMC Executive Vice President and CMC Americas President,
said, "This acquisition fits strategically with our company initiative for
growth and expansion into a new geographic market. The purchase will also
support the development and operational success of CMC's future micromill
in Arizona."
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
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Related links:
http://www.cmc.com
CONTACT:
Debbie Okle, Director, Public Relations of
Commercial Metals Company, +1-214-689-4354
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