Headline News
CMC Realigning its Business Units
11/10/2009
Changes start Dec. 1, 2009.
Commercial Metals Co. will be undergoing realignment in its segment reporting structure within its major operational units, the CMC Americas Division and the CMC International Division.
Starting the first of December, the CMC Americas Division will operate using three segments: Americas Recycling, Americas Mills and Americas Fabrication. The two segments within the CMC International Division will be known as International Mills (comprised of all mills, recycling and fabrication operations located outside of the U.S.) and International Marketing & Distribution, which will include all marketing and distribution operations located outside the Americas as well as CMC Cometals, located in Fort Lee, N.J.
CMC's two U.S.-based trading and distribution divisions, CMC Dallas Trading, located in Irving, Tex., and CMC Cometals will merge to form the U.S.-based portion of a re-established International Marketing & Distribution segment. The Impact Metals business will remain within the renamed Americas Fabrication segment. The Singapore-based business units, as well as CMC Coil Steels, located in Australia, will be a part of the International Marketing & Distribution segment.