Commercial Metals Company

Commercial Metals Company
Company typePublic company
NYSECMC
S&P 400 component
IndustryMetals
Steel
Founded1915; 109 years ago (1915)
HeadquartersIrving, Texas,
Key people
Barbara R. Smith, Chairman
Peter R. Matt, President & CEO
Paul J. Lawrence, CFO
Tracy L. Porter, COO
ProductsSteel
RevenueDecrease $8.799 billion (FY 2023)
Decrease $859 million (FY 2023)
Total assetsIncrease $6.639 billion (FY 2023)
Total equityIncrease $4.120 billion (FY 2023)
Number of employees
13,022 (2023)
Websitewww.cmc.com
Footnotes / references
[1]

Commercial Metals Company (CMC), headquartered in Irving, Texas, is a producer of rebar and related products for the construction industry. Along with Nucor, it is one of two primary suppliers of steel used to reinforce concrete in buildings, bridges, roads, and infrastructure in the U.S. The company also owns Tensar, a producer of foundation systems used for the construction of roadways, public infrastructure, and industrial facilities.[1]

CMC operates 212 facilities in the United States and Poland, including electric arc furnace mini-mills, scrap recycling facilities, and steel fabrication plants.[1] In its fiscal 2023 year, it shipped 6.1 million short tons of steel to external customers; 84% of its sales were in the United States and 16% of its sales were from its facilities in Poland.[1]

The company was founded in 1915 by Russian immigrant Jacob Feldman as American Iron & Metal Company, a scrap trading company.[2]

  1. ^ a b c d "Commercial Metals Company Form 10-K Annual Report for the Fiscal Year Ended August 31, 2023". U.S. Securities and Exchange Commission.
  2. ^ "Commercial Metals Company". Encyclopedia.com.