CMC Acquires Rebar, Construction Operation

Steel company extends its rebar business in the South, Southwest with acquisition.

Commercial Metals has acquired Lofland Acquisition, Inc. The company owns The Lofland Co. and subsidiaries, which operate steel reinforcing bar fabrication and construction-related products sales facilities from 11 locations in the U.S.

"The acquisition of Lofland complements our existing Texas rebar fabrication and construction-related product sales operations which are concentrated principally outside of North Texas. At the same time it expands our service areas with significant operating bases in each of the neighboring states,” said Stanley A. Rabin, Chairman, President and Chief Executive Officer of CMC.

Lofland's operations include facilities in Waxahachie, Dallas and Fort Worth, Tex.; Albuquerque, N.M.: Oklahoma City and Tulsa, Okla.; Springdale and Little Rock, Ark.; Keithville, La.; and Lumberton, Miss.