- 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