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Peter Matt
CMC President and CEO Peter Matt [Photo: CMC]
Concrete Mega Deal: Irving’s Commercial Metals To Acquire Foley Products Co. for Nearly $2 Billion
by Lance Murray | Oct 16, 2025
Along with CMC's $675 million September acquisition of Virginia-based Concrete Pipe & Precast, the North Texas company is now poised to have the No. 3 precast concrete platform in the United States.
by Lance Murray |
Sep 18, 2025
The cash deal for Concrete Pipe & Precast gives CMC a scalable entry into the fragmented $30 billion U.S. precast concrete market.
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by David Seeley |
Oct 27, 2023
The facility will be "the first in the world to produce rebar as well as merchant bar quality products through a continuous production process from melting, casting, and rolling activities," CMC said.
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by Lance Murray |
Oct 2, 2023
Founded in 1915 as a single scrap yard in Dallas, CMC has grown into a Fortune 500 company with hundreds of facilities and nearly 13,000 employees serving customers worldwide.
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![Erica Kosemund, Chief Brand Officer, Choctaw Nation of Oklahoma; Gillian Breidenbach, Chief Partnership Officer, North Texas FWC Organizing Committee; Chief Gary Batton, Chief of Choctaw Nation of Oklahoma; Monica Paul, Executive Director of Dallas Sports Commission and President of North Texas FWC Organizing Committee; John Hobbs, Senior Executive Officer of Communications, Choctaw Nation of Oklahoma; and Heidi Grant, Senior Executive Officer of Commerce Administration, Choctaw Nation of Oklahoma, celebrate Choctaw Casinos & Resorts becoming an Official Dallas World Cup 2026 Host City Supporter. [Photo: North Texas FWC Organizing Committee/Choctaw Casinos & Resorts]](https://s24806.pcdn.co/wp-content/uploads/2025/12/FIFA-Choctaw-dec-2025.jpg)
