IRVING, Texas, Dec. 18 /PRNewswire-FirstCall/ -- CMC Zawiercie (CMCZ),
Commercial Metals Company's (NYSE: CMC) long product mill located in
Zawiercie, Poland, announced today the purchase of a new wire rolling line
that will augment the production of its current bar mill. The wire rod
block and reducing sizing mill will be purchased from Morgan Construction
Company adding state-of-the-art technology for wire rod production. The
line will consist of a four stand reduction mill and ten stand wire rod
block capable of producing product from 5 to 25 millimeter diameter at up
to 150 tons per hour. Installation should take approximately eighteen
months with an expected investment of $40,000,000.
Ludovit Gajdos, President of the Management Board of CMCZ, said, "This
will give us greater flexibility to change product offerings as seasonal
demands dictate. In addition, it will allow us to enhance our current
product line."
Ned Leyendecker, Chief Operations Manager at CMCZ, stated, "Between the
new mill's capacity and the ability to better utilize the existing mill,
CMCZ's rolled tonnage capacity should increase by 100,000 tons as well as
roll new products. As an example, the new rod block will allow us to offer
coil sizes up to three tons."
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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