TX metal producer plans $300M EV mill

By Corina Vanek | Phoenix Business Journal

Commercial Metals Co., an Irving, Texas-based steel and metal product manufacturer and recycler, announced plans Thursday to build the company’s third “micro mill,” which will be located in Mesa.

“We are excited by the tremendous promise of CMC’s third micro mill,” Barbara R. Smith, chairman, president and CEO of Commercial Metals Co. said in a statement. “This is a smart growth initiative that feeds the large underlying West Coast demand for rebar and merchant bar, replacing inefficient existing rebar capacity with environmentally friendly technology. By monetizing the significant value associated with our Southern California real estate, this lowers the project’s capital requirements and increases its returns.”

Read the full subscription story from Phoenix Business Journal.

Share this!

Additional Articles

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories
August 2020
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31