Pacific Steel cites antitrust violations in Commercial Metals suit

Sources: Cohen Milstein Sellers & Toll, San Francisco; CP staff San Diego-based rebar fabricator and installer Pacific Steel Group (PSG) seeks damages and injunctive relief in a suit alleging federal antitrust and California business practices law violations by Commercial Metals Co. (CMC), Irving, Texas, and its principal plant builder, Danieli Corp., Cranberry Township, Pa. The suit details the efficiency of…

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Commercial Metals ties up AZZ galvanized rebar business

Sources: Commercial Metals Co., Dallas; AZZ Inc., Ft. Worth, Texas; CP staff

Major concrete reinforcing steel producer and distributor Commercial Metals Co. has closed on AZZ Inc. assets associated with Galvabar, a proprietary galvanized rebar with zinc alloy coating that provides advanced corrosion protection and post-fabrication formability. 

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Commercial Metals completes $600M Gerdau rebar shop, mill deal

Sources: Commercial Metals Co., Dallas; CP staff

Commercial Metals has solidified its stake in concrete reinforcing products by acquiring 33 U.S. rebar fabrication facilities, plus California, Florida, New Jersey and Tennessee steel mills from Gerdau S.A. The $600 million transaction represents what CMC Chairman and CEO Barbara Smith calls “an important step in our strategy to be the leading concrete reinforcing specialist as well as a significant provider of merchant and wire rod products. With our expanded geographic footprint and added operational flexibility, this transaction supports our vertically integrated steel making model and will leverage our existing rebar manufacturing technology and customer service competencies.”

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MANUFACTURERS – FEBRUARY 2018

Lehigh Cement Co. LLC, a wholly-owned subsidiary of Lehigh Hanson Inc., has promoted Quentin McGahey from Mitchell, Ind., plant manager to vice president, Cement Operations Northeast, based in Allentown, Pa. Succeeding him in Indiana is Jerry Miller, elevated from assistant plant manager.

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MMFX deal brings Commercial Metals deeper into concrete reinforcement

Sources: Commercial Metals Co., Irving, Texas; CP staff

Through its wholly owned subsidiary CMC Steel Fabricators Inc., Commercial Metals has acquired substantially all of the assets of Irvine, Calif.-based MMFX Technologies Corp., which markets and licenses production of proprietary steel products, including the ChrōmX line of high strength, corrosion-resistant rebar.

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