Rahul Sharma (Editor)

Commercial Metals Company

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Founded
  
1915

Revenue
  
5.988 billion USD (2015)

Industry
  
Metals

Products
  
Commercial Metals Company httpswwwcmccomCMCimageslogopng

Traded as
  
NYSE: CMCS&P 400 Component

Key people
  
Joseph Alvarado, President & Chairman of the Board & CEO

Headquarters
  
Stock price
  
CMC (NYSE) US$ 20.12 -1.55 (-7.15%)2 Mar, 4:02 PM GMT-5 - Disclaimer

CEO
  
Joseph Alvarado (1 Sep 2011–)

Subsidiaries
  
CMC Steel Fabricators Inc, CMC Australia Pty. Ltd

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Commercial Metals Company is a steel and metal manufacturer based in based in Irving, Texas.

Contents

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History

The company was founded in 1915 by Jacob Feldman as a scrap trading company.

In 1994, the company acquired Owen Steel Company in an $87 million transaction.

In 2002, the company sold the heavy structural fabrication assets of SMI-Owen Steel, resulting in $20 million of proceeds.

In 2011, Carl Icahn offered to buy the company for $15 per share.

Current operations

The company owns steel minimills in Texas, Alabama, Arizona , South Carolina, Arkansas, and Poland and 60 recycling facilities around the world.

In its fiscal year 2015, the company shipped 2.7 million tons of steel from its American mills and 1.2 million tons of steel from its mill in Poland.

References

Commercial Metals Company Wikipedia


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