10/16/2025
Commercial Metals to Acquire Foley Products in $1.84 Billion All-Cash Deal
Commercial Metals Company (NYSE: CMC) announced it will acquire Foley Products Company, a leading supplier of precast concrete solutions in the southeastern United States, for $1.84 billion in cash. The move marks CMC’s formal entry into the precast industry and follows its recently announced acquisition of Concrete Pipe & Precast (CP&P).
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