Irving Texas headquartered US’s leading steelmaker Commercial Metals Company has selected Berkeley County in West Virginia as the site of its fourth micro mill. The project, budgeted to cost approximately USD450 million net of incentives, is expected to have an annual capacity of 500,000 tons and employ approximately 230 people on a full-time basis. MM4 will be capable of producing various sizes of both straight length and spooled rebar. Based on anticipated timelines for permitting and construction, the new plant is scheduled to begin operations in late calendar 2025.CMC’s Chairman, President & Chief Executive Officer Ms Barbara R. Smith said “The state offers several attractive advantages for MM4, including a welcoming business climate and a skilled available labor force. The planned site, located in the eastern panhandle of the state near Martinsburg, is well-situated to serve key metropolitan markets in the Mid-Atlantic and Northeast, as well as the Midwest.”Ms Smith added “MM4 is a core component of CMC's strategic growth plan and will help ensure our long-term competitiveness in critical geographical markets. We believe this new micro mill, among the most environmentally friendly steelmaking operations in the world, will strengthen our operational network throughout the Eastern US by achieving synergies with our existing mill and downstream facilities.”
Irving Texas headquartered US’s leading steelmaker Commercial Metals Company has selected Berkeley County in West Virginia as the site of its fourth micro mill. The project, budgeted to cost approximately USD450 million net of incentives, is expected to have an annual capacity of 500,000 tons and employ approximately 230 people on a full-time basis. MM4 will be capable of producing various sizes of both straight length and spooled rebar. Based on anticipated timelines for permitting and construction, the new plant is scheduled to begin operations in late calendar 2025.CMC’s Chairman, President & Chief Executive Officer Ms Barbara R. Smith said “The state offers several attractive advantages for MM4, including a welcoming business climate and a skilled available labor force. The planned site, located in the eastern panhandle of the state near Martinsburg, is well-situated to serve key metropolitan markets in the Mid-Atlantic and Northeast, as well as the Midwest.”Ms Smith added “MM4 is a core component of CMC's strategic growth plan and will help ensure our long-term competitiveness in critical geographical markets. We believe this new micro mill, among the most environmentally friendly steelmaking operations in the world, will strengthen our operational network throughout the Eastern US by achieving synergies with our existing mill and downstream facilities.”
