Commercial Metals (CMC) To Sell California Site for $300M

Commercial Metals Company CMC recently announced that it is selling its site in Rancho Cucamonga, CA in a deal worth around $300 million. The gross proceeds of the deal will be utilized to offset the cost of its new Arizona micro mill.Rancho Cucamonga, located 40 miles ea

Commercial Metals Company CMC recently announced that it is selling its site in Rancho Cucamonga, CA in a deal worth around $300 million. The gross proceeds of the deal will be utilized to offset the cost of its new Arizona micro mill.Rancho Cucamonga, located 40 miles ea