Steel Mills
October 5, 2021
CMC Finds Buyer for California Site
Written by Tim Triplett
Commercial Metals Co. (CMC) has found a buyer for the land in Rancho Cucamonga, Calif., that was the site of its former Steel California and Rebar Etiwanda operations. The steelmaker hopes to get $300 million from the sale, which is still subject to customary closing conditions.
The company’s Steel California operations ceased in December 2020, and customers of its Rebar Etiwanda operations will be serviced from other CMC fabrication locations. The site is expected to be repurposed for other industrial uses.
