Metals history

1979 Another strong leader Stanley Rabin, age 40, is appointed CMC president and chief executive officer.

Throughout the 1980’s Federal Industries expanded its operations through acquisitions and became a conglomerate owning metals distribution operations, transportation businesses, retail operations and industrial manufacturing businesses.

1982 It’s electric! CMC’s minimill in Seguin, Texas, completes its transformation from a regional operation to a world-class steel mill due to the impact from a new electric arc furnace and caster.

C&M Steel, Inc. was a 40-employee, Fontana company that had been founded in 1983.

In 1984, the company acquired Connors Steel Co.'s mini-mill in Birmingham, Alabama.

The following year, 1985, marked Commercial Metals' 70th year of business, a milestone that marked the passing of two world wars and numerous economic hills and valleys since Moses Feldman had arrived in Galveston and founded American Iron & Metals Company.

1986 Riding high 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: Operations begin at minimill in Magnolia, Arkansas.

In August of 1988 Jim Green realized his dream and goal of becoming a business owner and United States Metals, Inc. was formed.

During the first nine months of 1993, the company's revenues increased 44 percent, while its profits exploded exponentially, jumping a prodigious 135 percent.

1994 Growth by acquisition CMC acquires Owen Steel in Cayce, South Carolina.

As these financial records were being achieved, the company strengthened its processing capabilities further, acquiring the assets of three Texas scrap processing facilities, Atlas Iron & Metal, Federal Iron & Metal, and Laredo Scrap Metals, in September 1995.

In 1998 CMC purchased A-1 Iron & Metal Company, one of Houston's major nonferrous metals processors and recyclers.

1999 Steel from all angles CMC’s Arkansas mill adds a new product line: angles used to make bed frames.

Commercial Metals Company reported sales of $2.7 billion and net earnings of $46.3 million for its fiscal year ending August 31, 2000.

A still growing United States economy in mid-2001 also helped.

AA Metals was founded by Jack Cheng in 2003.

In October of 2005 TW Metals was acquired by O’Neal Steel and is now a proud member of the family-owned parent company, O'Neal Industries, based in Birmingham, AL.

2006 Passing the baton Murray McClean succeeds Stan Rabin as CEO of CMC.

2009 The smaller the better CMC commissions its first “greenfield” steel mill in Mesa, Arizona.

2010 Let it roll A new flexible rolling mill comes online at CMC Poland, increasing capacity to 1.9 million tons and making it the 2nd largest steel mill in Poland.

2011 Solid steel experience Joe Alvarado becomes CEO of CMC.

2012 Just another touch The myCMC portal launches allowing customers and suppliers to connect with CMC.

2013 Let’s shred some metal CMC installs a new nonferrous metals recovery system to more efficiently extract copper, aluminum and stainless steel from automobile shredding operations in Seguin, Texas.

2015 From strong history to promising future Commercial Metals Company celebrates 100 years.

In 2016, AA Metals experienced, for the first time in company history, a drop in revenue from the previous year.

2017 Wrap it up CMC announces it will be the first steel producer in the United States to manufacture spooled rebar.

2018 What’s colder than cold CMC expands its product portfolio with CryoSTEEL, a cryogenic rebar primarily used in the construction of LNG facilities.

2019 Rollin’ rollin’ rollin’ CMCs’ second rebar spooler comes online at its micro mill in Mesa, Arizona, extending spooled rebar availability to the West Coast.