IRVING, Texas, April 29 /PRNewswire-FirstCall/ -- Commercial Metals Company (NYSE:CMC), headquartered in Irving, Texas, announced today that it has completed the acquisition of substantially all the operating assets of Rebar Services and Supply Company (RSS) of Fort Worth, Texas. Established in 1982, RSS is a rebar fabricator that services the North Texas area and has approximately 30 employees. The acquired assets will operate under the new name of CMC Rebar as part of CMC's Americas Fabrication and Distribution segment.
Russ Rinn, CMC Executive Vice President and CMC Americas President, said, "The addition of RSS to the CMC Rebar group will allow us to expand our presence in the growing North Texas market. The company has an outstanding team in place and a strong reputation in the marketplace, which we have witnessed through our business relationship of over 20 years. We are excited to have the RSS team join CMC."
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 international markets.
Source: Commercial Metals Company