IRVING,
Texas, Oct. 26, 2023 /PRNewswire/ --
Today, CMC (Commercial Metals Company; NYSE: CMC), along with
state and local officials and their honored guests, gathered for
the dedication of CMC's new micro mill located in Mesa, AZ.
The mill is CMC's third micro mill and will be the first in the
world to produce rebar as well as merchant bar quality (MBQ)
products through a continuous production process from melting,
casting and rolling activities and will be among the most
environmentally friendly steelmaking operations in the world. Steel
Arizona 2 as the facility has been
named, makes CMC a coast-to-coast MBQ manufacturer.
"We are extremely proud to be formally dedicating our newest
state-of-the-art steel micro mill in Mesa, Arizona. We look forward to providing
both our existing and new customers with sustainably manufactured
products combined with CMC's outstanding service." Peter Matt, President and CEO of CMC, said. "A
project of this magnitude could not be accomplished without the
support of so many, and we thank the entire CMC team as well as all
our partners who helped us during the construction and
commissioning of the mill. We also thank all the state and local
officials who were instrumental in the process."
The new micro mill employs roughly 185 people and will achieve
an estimated nominal annual capacity of 500,000 tons, including
150,000 tons of merchant product.
"Today's event is an exciting new chapter for CMC in
Arizona," said Sandra Watson, President and CEO of the Arizona
Commerce Authority. "CMC's expansion builds on the company's
existing presence in Arizona while
creating almost two hundred new jobs. We are thankful to CMC for
its continued commitment to Arizona and we look forward to supporting
CMC's success in Mesa."
About CMC
CMC is an innovative solutions provider helping build a
stronger, safer, and more sustainable world. Through an extensive
manufacturing network principally located in the United States and Central Europe, we offer products and
technologies to meet the critical reinforcement needs of the global
construction sector. CMC's solutions support construction across a
wide variety of applications, including infrastructure,
non-residential, residential, industrial, and energy generation and
transmission.
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SOURCE CMC