CMC Construction Services Industry News Update
Title: McGraw Hill Construction
Chicago Plans $4B Urban Village
A planned two-mile relocation of Chicago's South Shore Drive, about 10 miles south of the city's downtown, is spurring a $4-billion megaproject to turn the vacant 530-acre site of a former U.S. Steel mill on Lake Michigan into a new community with nearly 14,000 housing units.Stantec to Acquire San Francisco's Anshen + Allen Architecture Firm
Stantec says that it has signed a letter of intent to acquire Anshen + Allen, one of North America's leading health care architectural firms with more than 200 employees and offices in San Francisco, Columbus, Boston and London.Expanding Horizons: Analyzing the Balfour Beatty/Parsons Brinckerhoff deal
Ian P. Tyler, a chartered accountant who now runs London-based contractor Balfour Beatty plc, admits to “never being good” at the accounting business.Virginia Tech Student Wins Yéle Haiti Competition
Virginia Tech architecture student Christopher Morgan has won an international competition to design the Yéle Music Studio in the Cité Soleil area of Port-au-Prince.Title: Concrete Construction News
Title: CMC Corprate News Update
CMC Announces Management Promotions
IRVING, Texas, Aug 05, 2010 /PRNewswire via COMTEX/ -- Commercial Metals Company (NYSE: CMC) announced today that the Board of Directors has promoted four officers. The four, all of whom had previously been elected a Vice President of CMC, will now serve as Senior Vice President in addition to their existing titles reflecting specific areas of responsibility. The new designations are: Senior Vice President and President, CMC Americas Tracy Porter Division Senior Vice President of Business Development and Devesh Sharma Business Processes Senior Vice President of Human Resources and Jim Alleman Organi...Commercial Metals Company Reports Loss of $8.8 Million or $0.08 Per Share for the Third Quarter
IRVING, Texas, June 22, 2010 /PRNewswire via COMTEX/ --Commercial Metals Company (NYSE: CMC) today reported a net loss of $8.8 million or $0.08 per diluted share on net sales of $1.8 billion for the quarter ended May 31, 2010. This compares with a net loss of $13.1 million or $0.12 per diluted share on net sales of $1.3 billion for the third quarter last year. This year's third quarter included after-tax LIFO expense of $22 million or $0.20 per diluted share compared with income of $29 million or $0.26 per diluted share in last year's third quarter. Net loss for the nine months ended May 31, 2010 was $213.3 million or $1.88 per diluted share on net sales of $4.5 billion. For the same perio...Commercial Metals Company Declares Quarterly Cash Dividend
IRVING, Texas, June 17, 2010 /PRNewswire via COMTEX/ --The board of directors of Commercial Metals Company (NYSE: CMC) has declared a quarterly cash dividend of twelve cents per share on common stock to stockholders of record on July 2, 2010. The dividend will be paid on July 16, 2010. This is the 183rd consecutive quarterly cash dividend paid by Commercial Metals Company. SOURCE: Commercial Metals CompanySearch for Products
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