CMC acquires assets of ABC Coating

Commercial Metals Company (CMC) has completed the acquisition of substantially all the operating assets of ABC Coating Company of Texas, Inc. of Waxahachie, Texas; ABC Coating Co., Inc. of Brighton, Colorado; Banner Rebar, Inc. of Denver, Colorado; and Toltec Steel Services, Inc. of Kankakee, Illinois.

The acquisition also includes Texas-based Rebar Trucking, Inc. and the 50% interest of the ABC Coating of North Carolina joint venture with CMC in Gastonia and ABC Coating Tennessee of Nashville. Established in 1978, ABC Coating companies are involved in rebar fabrication and epoxy-coated reinforcing bar servicing the southwest, midwest and southeast United States with approximately 250 employees. All six locations will become a part of the CMC Americas Fabrication and Distribution segment.