Cmc To Buy Gerdau Here

: Located in Jacksonville (FL), Knoxville (TN), Sayreville (NJ), and Rancho Cucamonga (CA).

: The move was part of a strategy to become a premier provider of concrete reinforcing products and to optimize its geographic footprint. Analysts noted it strengthened CMC's ability to compete with Nucor and manage risks from imports. cmc to buy gerdau

: The deal underwent an antitrust review by the Department of Justice (DOJ) , which granted approval before the transaction closed in late 2018. Post-Acquisition Developments CMC deal for Gerdau rebar mills seen boosting pricing power : Located in Jacksonville (FL), Knoxville (TN), Sayreville

Commercial Metals Company () completed its acquisition of significant U.S. rebar assets from Gerdau S.A. in November 2018 for approximately $600 million in cash. : Located in Jacksonville (FL)