CMC mulling relocation of San Antonio shredder
Jun 27, 2014 | 04:39 PM
| Lisa Gordon
PITTSBURGH Commercial Metals Co. (CMC) could be seeking a new home for its recently bought Texas auto shredder.
CMCs wholly owned Structural Metals Inc. subsidiary recently purchased the assets of San Antonio-based Newell Recycling of San Antonio LP (amm.com, May 30).
The shredder purchase supports CMCs vertical integration supply model by protecting its supply and strengthens its San Antonio footprint, chairman, president and chief executive officer Joseph Alvarado said during its fiscal third-quarter earnings call.....
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