STOCK TITAN

CMC Awarded on TIME's America's Best Mid-Size Companies 2024 List

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags

Commercial Metals Company (NYSE: CMC) has been recognized on TIME's inaugural list of America's Best Mid-Size Companies 2024. The award, presented by TIME and Statista Inc., identifies top-performing companies based on employee satisfaction, revenue growth, and sustainability transparency. Eligible companies operated in the United States and generated between $100 million and $10 billion in revenue in 2022 or 2023.

Peter R. Matt, President and CEO, expressed pride in the recognition, highlighting CMC's commitment to employee safety and growth opportunities. Founded in 1915, CMC focuses on responsible business practices while providing value to stakeholders, including over 13,000 employees, customers, communities, financial partners, and shareholders.

CMC is an innovative solutions provider in the global construction sector, offering products and technologies for critical reinforcement needs. The company's extensive manufacturing network is primarily located in the United States and Central Europe.

Loading...
Loading translation...

Positive

  • None.

Negative

  • None.

News Market Reaction

+2.53%
1 alert
+2.53% News Effect

On the day this news was published, CMC gained 2.53%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

IRVING, Texas, Aug. 22, 2024 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) has earned recognition on TIME's inaugural list of America's Best Mid-Size Companies 2024. This prestigious award is presented by TIME and Statista Inc., the leading statistics portal and industry ranking provider.

America's Best Mid-Size Companies 2024 were identified based on employee satisfaction, revenue growth and sustainability transparency for companies that operate in the United States and generated at least $100M in revenue but less than $10 billion in 2022 or 2023.  The list can be viewed on TIME's website.

"CMC is proud to receive this award from TIME and Statista, Inc. in recognition of our investment in our employees.  We strive to provide our over 13,000 employees an environment where safety is our top concern, and where they have the opportunity for both personal and professional growth," commented Peter R. Matt, President and Chief Executive Officer.  "Since our founding in 1915, CMC has consistently focused on being a responsible company while providing value for all our stakeholders including our employees, customers, communities, financial partners and our shareholders."

To learn more about CMC or our environmental stewardship and sustainability efforts, please visit cmc.com or esg.cmc.com.

About CMC

CMC is an innovative solutions provider helping build a stronger, safer and more sustainable world. Through an extensive manufacturing network principally located in the United States and Central Europe, CMC offers products and technologies to meet the critical reinforcement needs of the global construction sector. CMC's solutions support construction across a wide variety of applications, including infrastructure, non-residential, residential, industrial and energy generation and transmission.

Cision View original content:https://www.prnewswire.com/news-releases/cmc-awarded-on-times-americas-best-mid-size-companies-2024-list-302229066.html

SOURCE Commercial Metals Company

FAQ

What recognition did Commercial Metals Company (CMC) receive from TIME in 2024?

Commercial Metals Company (CMC) was recognized on TIME's inaugural list of America's Best Mid-Size Companies 2024, an award presented by TIME and Statista Inc.

What criteria were used to select companies for TIME's America's Best Mid-Size Companies 2024 list?

Companies were selected based on employee satisfaction, revenue growth, and sustainability transparency. Eligible companies operated in the United States and generated between $100 million and $10 billion in revenue in 2022 or 2023.

How many employees does Commercial Metals Company (CMC) have as of 2024?

According to the press release, Commercial Metals Company (CMC) has over 13,000 employees.

What are the main business areas of Commercial Metals Company (CMC)?

CMC is an innovative solutions provider in the global construction sector, offering products and technologies for critical reinforcement needs across various applications, including infrastructure, non-residential, residential, industrial, and energy generation and transmission.

Where are Commercial Metals Company's (CMC) manufacturing facilities primarily located?

CMC's extensive manufacturing network is principally located in the United States and Central Europe.
Commercial Metals Co

NYSE:CMC

CMC Rankings

CMC Latest News

CMC Latest SEC Filings

CMC Stock Data

8.93B
110.08M
0.95%
94.4%
2.84%
Steel
Steel Works, Blast Furnaces & Rolling Mills (coke Ovens)
Link
United States
IRVING