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CMC is HERE - and over 100 years strong.

1915

Moses Feldman establishes his first scrap operation in Dallas.

1926

Moses Feldman’s eldest son David is sent to oversee a rail salvage job in Florida, leading to CMC’s first international shipment of scrap metal out of the Port of Miami.

1932

The name Commercial Metals Company is used for the first time. The company is formed by Jacob Feldman as a scrap trading brokerage, capitalized at $100,000, with Jake owning 98%. His co-director is his high-school friend Tom Kleinman who will handle the company’s finances for decades. It is a two-man brokerage, with Jake and Lou Broad as traders.

1932

Moses Feldman signs control of American Iron & Metals over to his son Jacob.

1936

CMC incorporation papers are amended. American Iron & Metals lists $51,000 of materials in its inventory.

1940

CMC acquires Hutchison Pipe & Waste Material Co. in Fort Worth.

1947

Marvin Selig buys a cornfield in Seguin, Texas, for $300, and officially establishes Structural Metals, Incorporated (SMI). SMI will become part of CMC in 1963.

1949

CMC purchases assets of Southern Iron & Metal in Beaumont, Texas.

1949

First rebar for commercial sale is produced at SMI. In its first year the company is profitable and produces 2,300 tons of rebar. Customers include fabricators, supply companies, contractors and the Texas Highway Department.

1951

CMC opens a recycling plant in San Antonio to serve Mexican accounts.

1955

Cometals, a new, independent trading division, is established in New York.

1957

CMC acquires Liberty Iron and Metal Co. in Dallas.

1959

SMI prepares to be a steel manufacturer, experimenting with ways to melt scrap steel in an electric arc furnace to cast ingots.

1960

CMC goes public, becoming the first secondary metals company listed on a major exchange, the American Stock Exchange.

1962

SMI opens Dallas Rebar, a new rebar supply and fab operation.

1968

CMC enters the copper manufacturing market with the acquisition of Howell Metal, a copper tube manufacturer in New Market, Virginia.

1970

CMC is named a Fortune 500 company for the first time.

1970

Serving in several roles starting with the company back in 1937, Charlie Merritt becomes President.

1976

SMI expands capacity with the addition of a three-strand continuous billet caster, its first piece of major equipment purchased new.

1978

CMC purchases Price Steel, a fence-post finishing business in Houston, and renames it Southern Post Company.

1979

Stanley Rabin, age 40, is appointed CMC president and chief executive officer.

1981

SMI installs a new electric arc furnace to further boost capacity.

1982

CMC’s flagship SMI minimill in Seguin, Texas, completed its transformation from a regional operation to a world-class steel mill due to the impact from a new electric arc furnace and caster.

1982

CMC begins trading on the NYSE with the ticker symbol, ‘CMC’.

1983

CMC acquires Connors Steel, in Birmingham, AL.

1986

CMC reported a 33% increase in cash flow compared to the prior year, as well as record earnings and shipments at the SMI, Seguin minimill.

1987

CMC re-opens its Arkansas mill, focused on manufacturing and fabricating steel fence posts.

1989

SMI installs a new state-of-the-art rolling mill in Seguin.

1989

CMC acquires a steel joist-making facility, renamed SMI Joist, in Hope, Arkansas.

1993

CMC acquires Shepler’s Equipment Co. and Construction Materials Inc., expanding its concrete-related products operations in central Texas, Louisiana and Mississippi.

1995

CMC enters the service center and warehousing business, taking a 22% holding in Coil Steel Australia, CMC’s first international investment in physical assets.

1999

CMC’s Arkansas mill adds a new product line: angles used to make bed frames.

2000

CMC acquires several rebar fab shops on the West Coast, expanding services to include rebar placing.

2002

CMC’s Texas mill gets a next-generation furnace.

2003

CMC relocates its corporate headquarters to Irving, Texas.

2006

CMC announces the building of its first “greenfield” steel mill in Mesa, Arizona.

2006

Murray McClean succeeds Stan Rabin as CEO of CMC.

2007

CMC acquires a steel pipe mill in Croatia, renaming it CMC Sisak.

2010

A new flexible rolling mill comes online at CMCZ, increasing capacity to 1.9 million tons and making CMCZ the 2nd largest steel mill in Poland.

2011

Joe Alvarado becomes CEO of CMC.

2012

The myCMC portal launches allowing customers and suppliers to connect with CMC.

2013

CMC installs a new nonferrous metals recovery system to more efficiently extract copper, aluminum and stainless steel from automobile shredding operations in Seguin, Texas.

2014

CMC Poland replaces the original electric arc furnace with a new EAF, which allows the transition from two furnaces to a one furnace operation.

2015

Commercial Metals Company celebrates 100 years.

2015

CMC announces the building of its second technologically advanced EAF micro mill in Durant, Oklahoma.

2016

Groundbreaking is held for CMC Steel Oklahoma, marking the start of construction of the EAF micro mill, which is expected to be commissioned in the fall of 2017.

2016

CMC acquires Associated Steel Workers, Limited (ASW), expanding its rebar fabrication capabilities into the state of Hawaii.

2016

CMC acquires Concrete Structures, Inc. expanding its post-tension cable operations into the Southeast.

2017

CMC announces it will be the first steel producer in the United States to manufacture spooled rebar.

2017

CMC expands its recycling division in the Southeast, purchasing seven facilities that are strategically located to support CMC Steel South Carolina in Cayce, SC.

2017

Barbara Smith, who started with CMC in 2011 as SVP & CFO, is appointed CMC president and chief executive officer on September 1, 2017.

2017

CMC acquires MMFX Technologies Corporation, expanding CMC's range of steel products to include ChrōmX, a line of high strength, corrosion-resistant rebar.

2017

CMC announces it will invest in a second rebar spooler at its micro mill in Mesa, Arizona.

2018

CMC Steel Oklahoma is officially dedicated to manufacturing the steel that builds America.

2018

CMC makes its largest acquisition in history, almost doubling its mill and fabrication capacity with 4 new EAF mini mills and 34 new fabrication facilities.

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