Commercial Metals Co was incorporated in 1946 in the State of Delaware. The Company manufactures, recycles and markets steel and metal products and related materials and services through a network including steel mills known as minimills, steel fabrication and processing facilities, construction-related product warehouses, metal recycling facilities and marketing and distribution offices in the United States and in strategic international markets. The Company has five business segments operating across two geographic divisions. Its CMC Americas Division includes three segments: Americas Recycling, Americas Mills and Americas Fabrication and its CMC International Division includes two segments: International Mill and International Marketing and Distribution. The Americas Recycling segment processes scrap metals for use as a raw material by manufacturers of new metal products. This segment operates 27 scrap metal processing facilities with 14 locations in Texas, five locations in Florida, two locations in Missouri and one location each in Georgia, Kansas, Louisiana, North Carolina, Oklahoma and Tennessee. Americas Recycling operates four large shredding machines, two in Texas, one in Florida, and one in Oklahoma, capable of pulverizing obsolete automobiles or other sources of scrap metal. Americas Mills segment includes five steel mills, commonly referred to as minimills, two scrap metal shredders and ten scrap metal processing facilities that directly support the steel minimills; and a railroad salvage operation. Its five steel minimills, located in Alabama, Arizona, Arkansas, South Carolina and Texas, produce one or more of steel reinforcing bar (rebar), angles, flats, rounds, small beams, fence post sections and other shapes. The Americas Fabrication segment consists of the Company's steel fabrication facilities that bend, weld, cut and fabricate steel, rebar; warehouses that sell or rent products for the installation of concrete; facilities that produce steel fence posts; and facilities that heat-treat steel to strengthen and provide flexibility. Through Americas Fabrication segment the Company operates 42 facilities that it considers to be engaged in the various aspects of steel fabrication. The International Mill segment is comprised of all mill, recycling and fabrication operations located in Poland. The Company operates a fabrication facility in Dąbrowa Górnicza, Poland that produces welded steel mesh, cold rolled wire rod and cold rolled rebar. The International Marketing and Distribution segment includes international operations for the sales, distribution and processing of steel products, ferrous and nonferrous metals and other industrial products. Additionally, this segment includes two of the Company's marketing and distribution divisions headquartered in the United States, CMC Cometals and CMC Cometals Steel, and a recycling facility in Singapore. It buys and sells primary and secondary metals, fabricated metals, semi-finished, long and flat steel products and other industrial products. The Americas Mills segment competes with regional, national and foreign manufacturers of steel. The Americas Fabrication segment competes with regional and national suppliers. The International Mill segment competes with several large manufacturers of rebar and wire rod in Central and Eastern Europe, on the basis of price, quality and product availability. It also competes on delivery times utilizing its supply chain of steel producers and logistic partners. The International Marketing and Distribution segment competes on the price, quality and reliability of its products, its financing alternatives and the additional services it provides.