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
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.