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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.

“The acquisition is further evidence of our commitment to being one of the leading innovators in the concrete reinforcement industry,” says CMC Executive Vice President, Operations Tracy Porter. “MMFX's products, along with their strong technical staff, will offer our customers an additional range of products and cost effective solutions to suit specific building requirements. In addition, we believe CMC's coast to coast production capability and distribution network will greatly enhance the reach of the MMFX product line."

 

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