CMC is a metals company that purchases scrap metal from industries, building demolitions and the like and resells it to large infrastructure projects likes roads, bridges, libraries and sports stadiums.
Although CMC’s headquarters in Dallas, it has local offices in Midland-Odessa and across Texas. When a building in West Texas is demolished (like the Western United Life Building in downtown Midland in March) CMC buyers go to inspect the scrap metal and purchase it for themselves. Afterward, CMC meets developers and resells their rebar for infrastructure projects.
“When they do the building tear downs and stuff, we get the steel. Also, with oilfield companies that are taking down locations and they just want to scrap all the material, they call us. We go take a shear out there, chop it up, put it in trunks and bring it to the yard,” CMC buyer Sean Godding said.
Namely, CMC rebar can be found in AT&T Stadium, home of the Dallas Cowboys; Allegiant Stadium, where the Las Vegas Raiders play; GlobeLife Field (the baseball stadium next to Jerry World), Texas’ southern border wall and a host of Texas highways, bridges and libraries.
Although the amount of metal needed to produce an AT&T or Allegiant Stadium can vary on a project-by-project basis, according to Godding, these major projects take thousands of tons of material. Not to mention the time it takes to bend and shape all that rebar into necessary positions, like a square to be able to build a column.
“The market changes every month,” Godding said about the price tag on metal purchases. “Right now, with the market, we’re anywhere from $150 to $200 a net ton, which is every 2,000 pounds.”
Godding said there isn’t much they wouldn’t accept if it’s made of metal — from corporate office building demolition sites to folks bringing in a garbage bag of aluminum soda cans.
Godding said a simple Google search for “rebar” will lead you to CMC. However, its global team puts out bids to developers and companies overseeing these projects, which is how they become their metals supplier.
CMC attended the biennual Permian Basin International Oil Show to network with its oilfield partners and engage in the community that it spends lots of time partnering with.
Boothmates at the oil show, CMC Midland buyers Olga Guerrero and Godding, said the best part of their job is being able to meet many different people from different walks of life. The pair purchase steel, in large of small quantities, all over Midland and the region.
CMC’s business plan states they want to be completely carbon neutral by 2055, according to Godding.
to www.mrt.com
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