CMC Acquires Mexican Joist Manufacturing Operation

Commercial Metals Co. announced the acquisition of substantially all of the operating assets of the Juarez, Mexico joist manufacturing facility from a subsidiary of Canam Group, Inc. of Quebec, Canada.

The Juarez facility will join CMC's joist manufacturing group operating as SMI Joist with facilities in Hope, Ark.; Starke, Fla.; Iowa Falls, Iowa; Fallon, Nev.; and Cayce, S.C. The facility and equipment will allow SMI Joist to expand its territory in the southwestern United States and northern Mexico and provide customers with even better delivery. This facility is owned by CMC Fabricators, Inc. and will operate as part of CMC's Domestic Fabrication operating segment.