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Commercial Metals Company Acquires Geogrid Manufacturing Plant

PR Newswire - Mon May 1, 2023

IRVING, Texas, May 1, 2023 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) ("CMC") today announced it has acquired a geosynthetics manufacturing facility from BOSTD – America. The facility, located in Blackwell, Oklahoma, currently produces several product lines for Tensar Geogrid under a contract manufacturing arrangement. This acquisition will not immediately increase Tensar's manufacturing capacity, but provides enhanced flexibility in Tensar's supply chain, as well as the opportunity for low capital cost capacity additions in the future.

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