# Commercial Metals Company acquires Roane Metals Group

Commercial Metals Company (CMC) has acquired all assets of Roane Metals Group LLC, a metal recycling company in Tennessee capable of processing approximately 85,000 tons of ferrous and non-ferrous materials annually. The acquisition aims to enhance supply of competitively priced scrap for CMC's steelmaking operations.

- Type: Acquisition
- Announced: 2023-03-03
- Where: Tennessee, United States
- Status: completed
- Capacity: 85,000 tons per year
- Products: ferrous scrap, non-ferrous scrap
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Commercial Metals Company](https://endata.com/companies/21361.md) (acquirer)
- [Roane Metals Group](https://endata.com/companies/68930.md) (target)

## Sources

- [ir.cmc.com](https://ir.cmc.com/commercial-metals-company-acquires-tennessee-metal-recycling-company/), 2023-03-04: "Commercial Metals Company today announced it has acquired all the assets of metal recycling company Roane Metals Group LLC."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.