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home / news releases / CMC - CMC buys Roane Metals Group in Tennessee


CMC - CMC buys Roane Metals Group in Tennessee

  • Commercial Metals Company ( NYSE: CMC ) said Friday it acquired all the assets of Roane Metals Group, a metal recycling company based in Tennessee.
  • "Roane is capable of processing approximately 85,000 tons of ferrous and non-ferrous materials annually at its two facilities located in Tennessee," the company said in a statement.
  • CMC said the acquired assets are expected to boost the security and supply of competitively priced inputs to CMC's steelmaking operations.
  • Financial terms of the deal were not disclosed.
  • Press Release .

For further details see:

CMC buys Roane Metals Group in Tennessee
Stock Information

Company Name: Commercial Metals Company
Stock Symbol: CMC
Market: NYSE
Website: cmc.com

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