Commercial Metals acquires AZZ’s Continuous Galvanized Rebar business
Commercial Metals Company, a Texas-based steel and metal manufacturer, said its fully-owned subsidiary CMC Steel Oklahoma has acquired almost all of the assets of AZZ’s Continuous Galvanized Rebar business which produces GalvaBar.
GalvaBar is said to be a galvanized rebar, which has a zinc alloy coating for giving superior corrosion protection and also superior post-fabrication formability.
AZZ’s Continuous Galvanized Rebar business operates from a dedicated facility in Tulsa, Oklahoma, and its products are sold across the US and the Caribbean islands.
Tracy Porter – Executive Vice President and Chief Operating Officer of Commercial Metals Company said: “We are thrilled to welcome the GalvaBar team to CMC. The acquisition of GalvaBar represents our commitment to executing on our strategy of being the leader in concrete reinforcement.
“The addition of GalvaBar’s value-added products to our offering will enable us to better serve and support our customers’ needs. We also believe that CMC’s broad geographic footprint and distribution network will greatly enhance the reach of the GalvaBar product line.”