Acquiring Company
Commercial Metals
Acquired Company
TENNESSEE METAL RECYCLING
IrvingManufacturingEnergyNatural ResourcesConstructionBuilding MaintenanceDescription
Commercial Metals Company (NYSE: CMC) ("CMC") today announced it has acquired all the assets of metal recycling company Roane Metals Group LLC ("Roane"). Roane is capable of processing approximately 85,000 tons of ferrous and non-ferrous materials annually at its two facilities located in Tennessee. The majority of volumes relate to obsolete ferrous scrap grades consumed by CMC's long product mills. The acquired assets are expected to enhance the security and supply of competitively priced inputs to CMC's steelmaking operations.
Quick answer
Commercial Metals is acquiring TENNESSEE METAL RECYCLING, announced March 3, 2023. Commercial Metals is based in Irving, Texas, United States.
- How much did Commercial Metals pay for TENNESSEE METAL RECYCLING?
- The deal value was not disclosed.
- What does Commercial Metals do?
- Commercial Metals Co. is an Irving-based company that offers products and technologies to meet the critical reinforcement needs of the global construction sector.
- Where are Commercial Metals and TENNESSEE METAL RECYCLING based?
- Commercial Metals is based in Irving, Texas, United States.
- Who are the decision-makers at Commercial Metals?
- Fundz holds 5 contacts at Commercial Metals. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Advanced Emissions Solutions Completes Acquisition Of Arq Limited’S Business (February 1, 2023)
- Noranda Income Fund Announces Completion Of Acquisition By Glencore (March 15, 2023)
Who to call at Commercial Metals, and when
When Commercial Metals changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Commercial Metals raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Commercial Metals, from your own LinkedIn network
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Frequently asked
Who acquired TENNESSEE METAL RECYCLING?
TENNESSEE METAL RECYCLING was acquired by Commercial Metals, based in Irving. The deal was reported on March 3, 2023. Commercial Metals Co. is an Irving-based company that offers products and technologies to meet the critical reinforcement needs of the global construction sector. Commercial Metals is publicly traded (CMC) and operates in Manufacturing.
When did Commercial Metals acquire TENNESSEE METAL RECYCLING?
Commercial Metals's acquisition of TENNESSEE METAL RECYCLING was reported on March 3, 2023. Commercial Metals Company (NYSE: CMC) ("CMC") today announced it has acquired all the assets of metal recycling company Roane Metals Group LLC ("Roane"). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does TENNESSEE METAL RECYCLING do?
Tennessee Metals Company is a scrap metal processing center. Our two Knoxville, TN recycling centers are open daily for your convenience. Call now! (865) 544-3050 It is privately held.
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