IRVING, Texas, Nov. 4 /PRNewswire-FirstCall/ -- Commercial Metals Company
(NYSE: CMC), headquartered in Irving, Texas, announced today the acquisition
of substantially all of the operating assets of the J. L. Davidson Company's
rebar fabricating facility located in Rialto, California. The Rialto facility
will become the new home of our C&M Steel facility currently located in
Fontana, California. As a supplier to fabricators, C&M Steel enjoys an
excellent reputation and a loyal customer base. The newly acquired facility
and equipment will allow C&M Steel to expand its fabricated rebar supply to
other fabricators, to grow its supply of fabricated rebar to fab customers and
to expand its supply of niche specialty and accessory products. This facility
is owned by CMC Steel Fabricators, Inc. and will operate as part of CMC's
Domestic Fabrication operating segment.
Binh Huynh, EVP and Regional Manager Far West Rebar Division, said, "Our
acquisition of the Rialto facility of the J. L. Davidson Company will not only
strengthen our presence in the western U.S. and improve our opportunity to
grow in the region, but will also position Commercial Metals Company for a
growing market as fabrication demand returns."
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.commercialmetals.com
Company News On-Call:
http://www.prnewswire.com/comp/118231.html
CONTACT:
Debbie Okle, Director, Public Relations of
Commercial Metals Company, +1-214-689-4354
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