| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-05-31 | acquisition_addition | completed | 2025-12-15 | United States | Construction Solutions Group | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Foley Products Company, LLC completed Dec 15, 2025. Headcount not disclosed. MD&A notes 'increased headcount from the acquired precast platform' drove SG&A increases. | ||||
| 2026-05-31 | acquisition_addition | completed | 2025-12-01 | United States | Construction Solutions Group | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Concrete Pipe and Precast, LLC completed Dec 1, 2025. Headcount not disclosed. | ||||
| 2026-02-28 | acquisition_addition | completed | 2025-12-15 | 2025-12-15 | Southeastern U.S. | Construction Solutions Group | USD 1,840,000 (thousands) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Acquisition of Foley Products Company, LLC for approximately $1.84 billion cash; workforce headcount added not disclosed. Purchase price funded from 2033 and 2035 Notes proceeds. | ||
| 2026-02-28 | acquisition_addition | completed | 2025-12-01 | 2025-12-01 | U.S. Mid-Atlantic and South Atlantic | Construction Solutions Group | USD 675,000 (thousands) | business_combinations_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Acquisition of Concrete Pipe and Precast, LLC for approximately $675 million cash; workforce headcount added not disclosed. Funded with cash on hand. | ||
| 2026-02-28 | acquisition_addition | completed | 2025-12-15 | Southeastern U.S. | Construction Solutions Group | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Foley Products Company, LLC completed Dec 15, 2025. Headcount not disclosed. | ||||
| 2026-02-28 | acquisition_addition | completed | 2025-12-01 | U.S. Mid-Atlantic and South Atlantic | Construction Solutions Group | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Concrete Pipe and Precast, LLC completed Dec 1, 2025. Headcount not disclosed. | ||||
| 2025-11-30 | acquisition_addition | completed | 2025-09-17 | 2025-12-01 | United States | Construction Solutions Group | business_combinations_footnote f5-10q / GLM-5.3-flash-HTML | Acquisition of all outstanding equity of Concrete Pipe and Precast, LLC, a U.S. Mid-Atlantic/South Atlantic precast concrete supplier, completed for approximately $675 million cash funded from cash on hand; created CMC's precast concrete platform. Purchase agreement dated September 17, 2025 (Exhibit 2.1). Headcount added was not disclosed. | |||
| 2025-11-30 | acquisition_addition | completed | 2025-10-15 | 2025-12-15 | United States | Construction Solutions Group | business_combinations_footnote f5-10q / GLM-5.3-flash-HTML | Acquisition of the holding companies owning Foley Products Company LLC, a leading Southeastern U.S. precast concrete supplier, completed for approximately $1.84 billion cash, funded with proceeds of the 2033 Notes and 2035 Notes. Purchase agreement dated October 15, 2025 (Exhibit 2.2). Headcount added was not disclosed. | |||
| 2025-11-30 | acquisition_addition | completed | 2025-09-17 | 2025-12-01 | United States (Mid-Atlantic and South Atlantic) | Construction Solutions Group | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Concrete Pipe and Precast, LLC closed 2025-12-01 for approximately $675 million cash; employee headcount added not disclosed in this filing. | |||
| 2025-11-30 | acquisition_addition | completed | 2025-10-15 | 2025-12-15 | United States (Southeastern U.S.) | Construction Solutions Group | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of the holding companies owning Foley Products Company LLC closed 2025-12-15 for approximately $1.84 billion cash, funded by 2033/2035 Notes proceeds; employee headcount added not disclosed in this filing. | |||
| 2025-08-31 | acquisition_addition | announced | 2025-09-17 | 2025-12 | United States — Mid-Atlantic and South Atlantic markets | Precast concrete solutions | subsequent_events f5-10k / GLM-5.3-flash-HTML | Equity Purchase Agreement to acquire Concrete Pipe & Precast, LLC for $675.0 million in cash, funded with cash on hand and not contingent on financing. Employee count of the target not disclosed. Closing expected in December 2025, subject to regulatory review and customary conditions. | |||
| 2025-08-31 | acquisition_addition | announced | 2025-10-15 | 2025-12 | United States — southeastern and western U.S. | Precast concrete products and reinforced concrete pipe | subsequent_events f5-10k / GLM-5.3-flash-HTML | Securities Purchase Agreement to acquire Foley Products Company, LLC for approximately $1.84 billion, to be financed with cash on hand, capital markets transactions, existing or backstop credit facilities and, if necessary, a committed bridge facility. Employee count of the target not disclosed. Closing expected by end of calendar 2025. | |||
| 2025-08-31 | divestiture_reduction | completed | 2024-11-22 | 2024-11-22 | United States | North America Steel Group — rebar fabrication facility | other f5-10k / GLM-5.3-flash-HTML | Sale of a rebar fabrication facility completed November 22, 2024 for gross consideration of $5.9 million ($5.0 million cash plus a seller-financing receivable). Held-for-sale classification and a $6.6 million impairment were recorded in fiscal 2024; impact on fiscal 2025 results was immaterial. No employee count disclosed. | |||
| 2025-08-31 | divestiture_reduction | completed | 2024-11-22 | 2024-11-22 | United States | North America Steel Group — rebar fabrication facility | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of a rebar fabrication facility completed 2024-11-22 for gross consideration of $5.9 million; no headcount disclosed. A related $6.6 million held-for-sale impairment was recorded in FY2024. | |||
| 2025-08-31 | acquisition_addition | announced | 2025-09-17 | 2025-12-31 | United States (Mid-Atlantic and South Atlantic markets) | Precast concrete solutions (Concrete Pipe & Precast, LLC) | USD 675 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Cash purchase price of $675.0 million funded with cash on hand; expected to close December 2025. No acquired headcount disclosed. | ||
| 2025-08-31 | acquisition_addition | announced | 2025-10-15 | 2025-12-31 | United States (southeastern and western U.S.) | Precast concrete products and reinforced concrete pipe (Foley Products Company, LLC) | USD 1,840 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approximate cash purchase price of $1.84 billion; expected to close by end of calendar 2025, financed with cash on hand, capital markets transactions and/or a committed $1.85 billion bridge facility. No acquired headcount disclosed. | ||
| 2024-11-30 | divestiture_reduction | completed | 2024-11-22 | United States | North America Steel Group | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Completed sale of a rebar fabrication facility for $6.9 million gross consideration; no employee count or workforce impact disclosed. | ||||
| 2024-08-31 | divestiture_reduction | in_progress | 2024 | United States | North America Steel Group — rebar fabrication facility | USD 7 (millions) | other f5-10k / GLM-5.3-flash-HTML | During fiscal Q4 2024 (quarter ended August 31, 2024), the Company committed to a plan to sell a rebar fabrication facility and classified $17.5 million of assets and $4.1 million of liabilities as held for sale at August 31, 2024. The $6.6 million charge is an impairment to write the disposal group down to fair value less costs to sell (a fair-value write-down, not severance). No employee headcount impact was quantified. | |||
| 2023-08-31 | acquisition_addition | completed | 2022-09-15 | 2022-09-15 | Southern California, United States | North America segment — recycled ferrous metals | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition of Advanced Steel Recovery, LLC; headcount not disclosed; date is acquisition completion date. | |||
| 2023-08-31 | acquisition_addition | completed | 2022-11-14 | 2022-11-14 | Galveston, Texas area, United States | North America segment — metals recycling | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition of Galveston-area metals recycling facility and related assets (Kodiak); headcount not disclosed; date is acquisition completion date. | |||
| 2023-08-31 | acquisition_addition | completed | 2023-03-03 | 2023-03-03 | Eastern Tennessee, United States | North America segment — recycled metals (two facilities) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Asset acquisition of Roane Metals Group, LLC; scrap largely consumed by CMC steel mills; headcount not disclosed; date is acquisition completion date. | |||
| 2023-08-31 | acquisition_addition | completed | 2023-03-17 | 2023-03-17 | Southeastern United States | North America segment — post-tensioning, barrier cable and concrete restoration | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition of Tendon Systems, LLC; headcount not disclosed; date is acquisition completion date. | |||
| 2023-08-31 | acquisition_addition | completed | 2023-05-01 | 2023-05-01 | Blackwell, Oklahoma, United States | North America segment — geogrid manufacturing (Tensar operations) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Asset acquisition of BOSTD America, LLC; headcount not disclosed; date is acquisition completion date. | |||
| 2023-08-31 | acquisition_addition | completed | 2023-07-12 | 2023-07-12 | North Carolina, Tennessee, Texas and Utah, United States | North America segment — anchoring solutions for electrical transmission | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition of EDSCO Fasteners, LLC with four manufacturing facilities; headcount not disclosed; date is acquisition completion date. | |||
| 2023-08-31 | acquisition_addition | completed | 2022-09-15 | 2022-09-15 | United States (Southern California) | North America — metals recycling | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Advanced Steel Recovery, LLC; no headcount disclosed. Aggregate 2023 Acquisitions described as not material to financial position or results. | |||
| 2023-08-31 | acquisition_addition | completed | 2022-11-14 | 2022-11-14 | United States (Galveston, Texas area) | North America — metals recycling | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of a metals recycling facility and related assets from Kodiak Resources, Inc. and Kodiak Properties, L.L.C.; no headcount disclosed. | |||
| 2023-08-31 | acquisition_addition | completed | 2023-03-03 | 2023-03-03 | United States (eastern Tennessee) | North America — metals recycling | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Asset acquisition of Roane Metals Group, LLC (two facilities); no headcount disclosed. | |||
| 2023-08-31 | acquisition_addition | completed | 2023-03-17 | 2023-03-17 | United States (southeastern U.S.) | North America — post-tensioning and concrete restoration | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Tendon Systems, LLC; no headcount disclosed. Customer-relationship intangible of $8.9 million assigned a five-year life. | |||
| 2023-08-31 | acquisition_addition | completed | 2023-05-01 | 2023-05-01 | United States (Blackwell, Oklahoma) | North America — geogrid manufacturing (Tensar) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Asset acquisition of BOSTD America, LLC, a prior contract manufacturer for Tensar; no headcount disclosed. | |||
| 2023-08-31 | acquisition_addition | completed | 2023-07-12 | 2023-07-12 | United States (North Carolina, Tennessee, Texas, Utah) | North America — anchoring solutions for electrical transmission | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of EDSCO Fasteners, LLC (four manufacturing facilities); no headcount disclosed. Added $135.4 million of goodwill to the North America segment. | |||
| 2022-11-30 | other | completed | 2022-11-30 | 2022-11-30 | United States | Corporate | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Termination of U.S. Pension Plan; plan assets liquidated to purchase annuity contracts for all participants. $4.2 million settlement charge recognized. | ||
| 2022-08-31 | plant_closure | completed | 2021-09 | Rancho Cucamonga, California, United States | North America — rebar fabrication | other f5-10k / GLM-5.3-flash-HTML | Operations ceased at a rebar fabrication facility adjacent to the Rancho Cucamonga facility in September 2021 (first month of fiscal 2022); headcount affected not disclosed. Closure charges of $13.8M (FY2021) and $9.8M (FY2020) covered asset impairments, severance, pension curtailment, environmental obligations and vendor agreement terminations. The combined Rancho Cucamonga facilities were sold December 28, 2021 for gross proceeds of $313.0 million ($273.3M gain recognized in FY2022). | ||||
| 2022-08-31 | acquisition_addition | completed | 2022-04-25 | United States and international (North America and Europe segments) | Tensar — ground stabilization and soil reinforcement solutions | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired TAC Acquisition Corp. (Tensar) on April 25, 2022 for approximately $550 million net of cash acquired, funded with domestic cash on hand; workforce added through the acquisition was not quantified in the filing. | ||||
| 2022-08-31 | acquisition_addition | completed | 2022-09-15 | Southern California, United States | North America — metals recycling | subsequent_events f5-10k / GLM-5.3-flash-HTML | Subsequent event: purchased Advanced Steel Recovery, LLC on September 15, 2022 for approximately $48 million net of cash acquired; processes roughly 300,000 tons of scrap annually. Employee count not disclosed; acquisition stated to be immaterial to fiscal 2022 results. | ||||
| 2022-08-31 | acquisition_addition | completed | 2021-12-03 | 2022-04-25 | United States; United Kingdom; global (80+ national markets) | North America and Europe segments (Tensar ground stabilization and soil reinforcement operations) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition completed April 25, 2022 for approximately $550 million net of cash acquired; headcount added not disclosed. Tensar represented approximately 1% of 2022 net sales and 10% of total assets at August 31, 2022 and was excluded from management's ICFR assessment. | |||
| 2022-08-31 | divestiture_reduction | completed | 2021-09-29 | 2021-12-28 | United States (Rancho Cucamonga, California) | North America segment — steel mill and adjacent rebar fabrication facility | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale completed December 28, 2021 for gross proceeds of $313.0 million; $273.3 million gain recognized in fiscal 2022. Melting operations had been closed October 2019 and adjacent rebar fabrication ceased September 2021; associated severance and impairment charges were recorded in prior fiscal years. Headcount affected not disclosed. | |||
| 2022-08-31 | acquisition_addition | completed | 2022-09-15 | 2022-09-15 | United States (Southern California) | North America segment — recycled ferrous metals processing and brokerage | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Completed September 15, 2022 for approximately $48 million net of cash acquired; ASR handles approximately 300,000 tons of scrap annually. Headcount added not disclosed; described as not material to fiscal 2022 financial position or results. | |||
| 2022-08-31 | plant_closure | completed | 2020-08-31 | 2021-12-28 | California | North America | Note 3. Changes in Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Melting operations at Rancho Cucamonga facility closed in October 2019; rebar fabrication facility ceased operations in September 2021. Assets sold in December 2021. Specific headcount impact not disclosed. | |||
| 2022-08-31 | acquisition_addition | completed | 2022-04-25 | 2022-04-25 | Global | North America and Europe | Note 2. Acquisition f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Tensar completed on April 25, 2022. Specific headcount added not disclosed. | |||
| 2022-08-31 | acquisition_addition | completed | 2022-04-25 | 2022-04-25 | North America and Europe | Tensar Operations | Item 1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of TAC Acquisition Corp. (Tensar) completed on April 25, 2022. Specific headcount added not disclosed in text, but operations are included in North America and Europe segments. | |||
| 2022-08-31 | plant_closure | completed | 2021-10-01 | 2022-12-28 | California, United States | North America | Item 1_Business f5-10k / Qwen3.6-27B-Q8_0 | Melting operations at Rancho Cucamonga facility closed in October 2019; rebar fabrication ceased in September 2021. Assets sold in December 2021. Specific employee count affected not disclosed in current year text, though prior year impairments/severance were recorded. | |||
| 2022-05-31 | acquisition_addition | completed | 2021-12-03 | 2022-04-25 | North America and Europe | North America and Europe segments | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Tensar acquisition closed 2022-04-25 for ~$550M cash; no employee headcount disclosed in filing. | |||
| 2022-05-31 | divestiture_reduction | completed | 2021-09-29 | 2021-12-28 | United States (Rancho Cucamonga, California) | North America segment | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Rancho Cucamonga facilities completed 2021-12-28 for $313.0M gross proceeds; no employee count disclosed. | |||
| 2022-05-31 | plant_closure | completed | 2020-08-01 | 2021-12-28 | North America | North America | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of Rancho Cucamonga facilities completed Dec 28, 2021. Note mentions 'severance' expenses recorded in prior year but does not quantify employee count. | |||
| 2022-05-31 | acquisition_addition | completed | 2022-04-25 | 2022-04-25 | North America and Europe | North America and Europe | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Tensar completed April 25, 2022. Employee headcount added not explicitly disclosed. | |||
| 2022-02-28 | plant_closure | completed | 2019-10-01 | Rancho Cucamonga, California, United States | North America | USD 13 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Melting operations closed October 2019; adjacent rebar fabrication facility ceased operations September 2021. $13.4 million of expenses (asset impairments, severance, pension curtailment, environmental obligations, vendor agreement terminations) recorded in the six months ended February 28, 2021; expenses in the current periods were immaterial. Facilities sold December 28, 2021 for gross proceeds of $313.0 million. | |||
| 2022-02-28 | acquisition_addition | announced | 2021-12-03 | 2022-09-30 | USD 550 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Definitive agreement to acquire TAC Acquisition Corp. (Tensar), a provider of engineered solutions for subgrade reinforcement and soil stabilization, for approximately $550.0 million cash; expected to close in the third quarter of fiscal 2022. No headcount figures disclosed. | ||||
| 2022-02-28 | plant_closure | completed | 2020-08-31 | 2021-12-28 | United States (Rancho Cucamonga, California) | North America segment — melting operations and adjacent rebar fabrication facility | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Melting operations closed Oct 2019; sale completed 2021-12-28 for $313.0M gross proceeds. No employee count disclosed; closure expenses of $5.4M (Q2 FY2021) included severance but were immaterial in FY2022 periods. | |||
| 2022-02-28 | acquisition_addition | announced | 2021-12-03 | 2022-05-31 | Global | Tensar (TAC Acquisition Corp.) — engineered solutions for subgrade reinforcement and soil stabilization | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement signed 2021-12-03; cash purchase price ~$550.0M; expected to close during Q3 of fiscal 2022, subject to customary closing conditions. No headcount disclosed. | |||
| 2022-02-28 | plant_closure | completed | 2020-08-01 | 2021-12-28 | North America | North America Segment | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of Rancho Cucamonga melting and rebar fabrication facilities. Sale completed Dec 28, 2021. Expenses recorded in prior year (FY2021 Q2) included asset impairments, severance, pension curtailment, environmental obligations, and vendor terminations. Current period expenses immaterial. | ||
| 2021-11-30 | plant_closure | completed | 2020-08-01 | Rancho Cucamonga, California, United States | North America | other f5-10q / GLM-5.3-flash-fp4-HTML | Melting operations closed October 2019; adjacent rebar fabrication facility ceased operations September 2021. Assets held for sale of $24.9 million; sale completed December 28, 2021 for gross proceeds of $313.0 million. Employee counts not disclosed; $8.0 million of closure-related expenses (impairments, severance, pension curtailment, environmental, vendor terminations) recorded in prior-year quarter. | ||||
| 2021-11-30 | acquisition_addition | announced | 2021-12-03 | 2022-06-30 | USD 550 (millions) | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | Definitive agreement to acquire TAC Acquisition Corp. (Tensar) for $550.0 million cash; expected to close in first half of calendar 2022. No headcount figures disclosed. | ||||
| 2021-11-30 | plant_closure | completed | 2020-08-31 | 2021-12-28 | United States (Rancho Cucamonga, California) | North America segment — melting operations and adjacent rebar fabrication facility | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Melting operations closed October 2019; sale announced August 2020; adjacent fabrication facility ceased operations September 2021; asset sale completed 2021-12-28 for $313.0 million gross proceeds. No employee counts or severance figures disclosed; Q1 FY2022 closure-related expenses described as immaterial. | |||
| 2021-11-30 | acquisition_addition | announced | 2021-12-03 | 2022-06-30 | Global | New business — engineered subgrade reinforcement and soil stabilization solutions | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire TAC Acquisition Corp. (Tensar) for $550.0 million cash; expected to close in first half of calendar 2022, subject to customary conditions. No headcount of acquired employees disclosed. | |||
| 2021-11-30 | plant_closure | completed | 2021-09-01 | 2021-12-28 | North America | North America | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company ceased operations at Rancho Cucamonga melting and adjacent rebar fabrication facilities in September 2021. Assets sold in December 2021 for $313.0 million. Expenses recorded in Q1 2022 were immaterial; $8.0 million recorded in prior year. | |||
| 2021-08-31 | plant_closure | completed | 2019-10 | Rancho Cucamonga, California, United States | North America segment — steel mill melting operations and adjacent rebar fabrication facility | USD 14 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Melting operations closed October 2019; a rebar fabrication facility adjacent to the site ceased operations September 2021 (after fiscal year-end). Fiscal 2021 expense of $13.8 million (vs. $9.8 million in fiscal 2020) covered asset impairments, severance, pension curtailment, environmental obligations, and vendor agreement terminations. Related assets of $24.9 million were classified as held for sale at August 31, 2021. Employee headcount affected was not disclosed. | |||
| 2021-08-31 | divestiture_reduction | announced | 2021-09-29 | 2022-02 | Rancho Cucamonga, California, United States | North America segment — Rancho Cucamonga mill and adjacent rebar fabrication facility assets | subsequent_events f5-10k / GLM-5.3-flash-HTML | Post-fiscal-year-end definitive agreement to sell the Rancho Cucamonga property assets for estimated gross proceeds of approximately $300 million; closing expected in the second quarter of fiscal 2022. Plans to sell the facility were first announced in August 2020, and $24.9 million of associated assets were held for sale at August 31, 2021. The filing warns failure to close timely could trigger future impairment losses. Headcount affected not quantified. | |||
| 2021-08-31 | plant_closure | completed | 2021-09 | Rancho Cucamonga, California, United States | North America segment — rebar fabrication facility adjacent to Rancho Cucamonga mill | USD 14 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Operations ceased September 2021; $13.8M of 2021 expense covers impairments, severance, pension curtailment, environmental obligations and vendor terminations. No employee count disclosed. Melting operations at the mill itself ceased in October 2019 (prior fiscal year). | |||
| 2021-08-31 | divestiture_reduction | announced | 2021-09-29 | 2022-02-28 | Rancho Cucamonga, California, United States | North America segment — mill and adjacent rebar fabrication facility | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to sell the Rancho Cucamonga property for estimated gross proceeds of about $300 million; expected to close in the fiscal second quarter of 2022. Assets of $24.9M classified as held for sale at August 31, 2021. No employee count disclosed. | |||
| 2021-08-31 | plant_closure | completed | 2020-08-01 | United States | North America | USD 14 (millions) | Item 2. Properties / Note 2. Changes in Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Company ceased operations at Rancho Cucamonga facility and adjacent rebar fabrication facility. Expenses of $13.8 million recorded in 2021 for asset impairments, severance, pension curtailment, environmental obligations and vendor agreement terminations. Sale of assets announced Sept 2021. | |||
| 2021-08-31 | plant_closure | completed | 2020-01-01 | United States | North America | USD 6 (millions) | Note 2. Changes in Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | In 2020, Company idled six facilities in North America segment. Recorded $6.2 million expense related to severance and ROU and other long-lived asset impairments. | |||
| 2021-08-31 | plant_closure | completed | 2021-09-29 | United States | North America | USD 14 (millions) | Item 1A. Risk Factors f5-10k / Qwen3.6-27B-Q8_0 | Ceased operations at Rancho Cucamonga facility and adjacent rebar fabrication facility. Recorded $13.8 million expense related to asset impairments, severance, pension curtailment, environmental obligations and vendor agreement terminations in 2021. Sale of assets announced Sept 29, 2021. | |||
| 2021-08-31 | plant_closure | completed | 2020-08-01 | United States | North America | USD 6 (millions) | Note 2. Changes in Business f5-10k / Qwen3.6-27B-Q8_0 | Idled six facilities in North America segment in 2020. Recorded $6.2 million expense related to severance and ROU and other long-lived asset impairments. Included in 2021 filing for context of ongoing closures. | |||
| 2021-05-31 | plant_closure | completed | 2021-01-31 | United States (Rancho Cucamonga, California) | North America segment | USD 13 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Melting operations closed October 2019; sale announced August 2020; operations ceased January 2021. $13.4M of expense (asset impairments, severance, pension curtailment, environmental, vendor terminations) recorded in the nine months ended May 31, 2021, all in the first two quarters. No employee count disclosed; not discontinued operations and not held for sale at May 31, 2021. | |||
| 2021-05-31 | plant_closure | completed | 2020-08-01 | 2021-01-31 | North America | North America Segment | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company ceased operations at Rancho Cucamonga facility in Jan 2021. Recorded $13.4M expense in 9 months ended May 31, 2021 for asset impairments, severance, pension curtailment, environmental obligations and vendor terminations. Employee count not disclosed. | ||
| 2021-02-28 | plant_closure | completed | 2020-08 | 2021-01 | Rancho Cucamonga, California, United States | North America — melting operations | USD 13 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Melting operations closed October 2019; site operations ceased January 2021. Charges cover asset impairments, severance, pension curtailment, environmental obligations and vendor terminations; $5.4 million in Q2 FY2021, $13.4 million six months FY2021, $6.3 million six months FY2020. Employee headcount affected not disclosed. | ||
| 2021-02-28 | plant_closure | completed | 2020-08-31 | 2021-01-31 | United States (Rancho Cucamonga, California) | North America segment — melting operations | USD 13 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six-month expense of $13.4M covering asset impairments, severance, pension curtailment, environmental obligations and vendor terminations; no employee count disclosed. Melting operations closed October 2019; site sale announced August 2020; operations ceased January 2021. | ||
| 2021-02-28 | plant_closure | in_progress | 2020-08-01 | North America | North America Segment | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company ceased operations at Rancho Cucamonga facility in Jan 2021. Recorded $5.4M expense in Q2 2021 for asset impairments, severance, pension curtailment, environmental obligations and vendor terminations. Employee count not disclosed. | |||
| 2020-11-30 | plant_closure | in_progress | 2020-08-31 | 2020-12-31 | United States | North America | USD 8 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Rancho Cucamonga facility: melting operations closed October 2019; site sale announced August 2020 and production ceased December 2020. Q1 FY2021 charge of $8.0 million covers asset impairments, severance, pension curtailment and vendor agreement terminations; no employee count disclosed. | ||
| 2020-11-30 | plant_closure | in_progress | 2020-08 | 2020-12 | United States (Rancho Cucamonga, California) | North America segment — melting operations | USD 8 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company announced plans to sell the Rancho Cucamonga site in August 2020 and ceased production in December 2020. The $8.0 million charge for the quarter covers asset impairments, severance, pension curtailment and vendor agreement terminations; no employee count is disclosed. Melting operations had been closed in October 2019. Disposition did not meet discontinued operations or held-for-sale criteria at quarter-end. | ||
| 2020-11-30 | plant_closure | in_progress | 2020-08-01 | North America | Rancho Cucamonga facility | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company announced plans to sell Rancho Cucamonga site in August 2020; ceased production in December 2020. Recorded $8.0 million expense for asset impairments, severance, pension curtailment and vendor agreement terminations. | |||
| 2020-08-31 | plant_closure | completed | 2019-10 | United States (Rancho Cucamonga, California) | North America — steel mill (melting operations) | USD 10 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Melting operations shut in October 2019; charge covers severance, pension curtailment (including $3.2M pension curtailment per Note 16) and vendor agreement terminations stemming from the closure decision and the subsequent August 2020 sale announcement. | |||
| 2020-08-31 | divestiture_reduction | announced | 2020-08 | United States (Rancho Cucamonga, California) | North America — steel mill (rerolling operations) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Sale of the facility announced August 2020 following the earlier melting-operations closure; disposition does not meet held-for-sale or discontinued-operations criteria and no headcount impact was quantified. The new Mesa, Arizona micro mill (start-up expected 2023) is intended to replace this capacity. | ||||
| 2020-08-31 | restructuring | completed | 2020 | United States (North America segment) | North America segment facilities | USD 6 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Six facilities idled during fiscal 2020; charge covers severance plus right-of-use and other long-lived asset impairments. MD&A separately attributes 2020 facility closures to integration of the Acquired Businesses; no affected-employee count disclosed. | |||
| 2020-08-31 | acquisition_addition | completed | 2020-07-21 | United States (Tulsa, Oklahoma) | North America — Continuous Galvanized Rebar (GalvaBar) business acquired from AZZ | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition completed July 21, 2020; described as immaterial individually and in aggregate, with no headcount disclosed. | ||||
| 2020-08-31 | acquisition_addition | completed | 2020-02-03 | Poland (Zawiercie) | Europe — steel mesh production (P.P.U. Ecosteel Sp. z o.o.) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | CMC Poland acquired the steel mesh producer on February 3, 2020; described as immaterial, with no headcount disclosed. | ||||
| 2020-08-31 | plant_closure | in_progress | 2019-10 | United States (Rancho Cucamonga, California) | North America — steel mill (rerolling/melt operations) | USD 10 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Melting operations closed October 2019; plans to sell the facility announced August 2020. Charge covers severance, pension curtailment and vendor agreement terminations. Employees affected not disclosed; disposition does not meet held-for-sale criteria. | |||
| 2020-08-31 | restructuring | in_progress | United States | North America segment | USD 6 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Six facilities idled during fiscal 2020; charge comprises severance plus right-of-use and other long-lived asset impairments. Employees affected not disclosed. | ||||
| 2020-08-31 | acquisition_addition | completed | 2020-02-03 | 2020-02-03 | Poland (Zawiercie) | Europe — steel mesh production | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of P.P.U. Ecosteel Sp. z.o.o.; described as not material individually or in the aggregate, so no pro forma or headcount disclosure provided. | |||
| 2020-08-31 | acquisition_addition | completed | 2020-07-21 | 2020-07-21 | United States (Tulsa, Oklahoma) | North America — galvanized rebar (GalvaBar) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of substantially all assets of AZZ's Continuous Galvanized Rebar business; described as not material, so no headcount disclosure provided. | |||
| 2020-08-31 | restructuring | completed | 2020-08-31 | United States | North America | USD 6 (millions) | Item 1. Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | In 2020, the Company idled six facilities in its North America segment and recorded $6.2 million of expense related to severance and ROU and other long-lived asset impairments. Specific employee count not disclosed. | |||
| 2020-08-31 | restructuring | completed | 2019-10-01 | United States | North America | USD 10 (millions) | Item 1. Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | In October 2019, the Company closed melting operations at its Rancho Cucamonga facility. Recorded $9.8 million of expense related to severance, pension curtailment and vendor agreement terminations. Specific employee count not disclosed. | |||
| 2020-08-31 | plant_closure | completed | 2019-10 | United States | North America | USD 10 (millions) | Note 3. Changes in Business f5-10k / Qwen3.6-27B-Q8_0 | Closed melting operations at Rancho Cucamonga facility in October 2019. Recorded $9.8 million expense related to severance, pension curtailment and vendor agreement terminations. Employee count not specified. | |||
| 2020-08-31 | restructuring | completed | 2020 | United States | North America | USD 6 (millions) | Note 3. Changes in Business f5-10k / Qwen3.6-27B-Q8_0 | Idled six facilities in North America segment in 2020. Recorded $6.2 million expense related to severance and ROU and other long-lived asset impairments. Employee count not specified. | |||
| 2020-05-31 | plant_closure | completed | 2020-05-01 | United States | Americas Fabrication | USD 5 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Fabrication facility idled in May 2020; charge covers ROU asset impairments and employee-related charges; headcount not disclosed | |||
| 2020-05-31 | plant_closure | completed | 2019-10-01 | United States | Americas Mills | USD 7 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Melting operations at Rancho Cucamonga facility closed in October 2019; charge covers severance, pension curtailment and vendor agreement terminations; headcount not disclosed | |||
| 2020-05-31 | plant_closure | completed | 2020-05 | Americas Fabrication | USD 5 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company idled a fabrication facility in May 2020; charge covers right-of-use asset impairments and employee-related charges. Number of employees affected not disclosed. | ||||
| 2020-05-31 | plant_closure | completed | 2019-10 | United States | Americas Mills | USD 7 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Melting operations closed at the Rancho Cucamonga facility in October 2019 (fiscal Q1 2020, within the year-to-date period); charge covers severance, pension curtailment and vendor agreement terminations. Employees affected not disclosed. | |||
| 2020-05-31 | acquisition_addition | completed | 2020-02-03 | Poland | International Mill | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | CMC Poland acquired steel mesh producer P.P.U. Ecosteel; headcount added through the acquisition not disclosed. | ||||
| 2020-05-31 | plant_closure | completed | 2020-05-31 | United States | Americas Fabrication | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company idled a fabrication facility and recorded $4.8 million expense related to ROU asset impairments and employee-related charges. Employee count not disclosed. | |||
| 2020-05-31 | plant_closure | completed | 2019-10-31 | United States | Americas Mills | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company closed melting operations at Rancho Cucamonga facility in Oct 2019. Recorded $7.2 million expense for severance, pension curtailment, and vendor terminations. Employee count not disclosed. | |||
| 2020-02-29 | plant_closure | completed | 2019-10-01 | Rancho Cucamonga, California, United States | Americas Mills | USD 6 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Melting operations closed in October 2019; charge covered severance, pension curtailment and vendor agreement terminations. Remaining liability of $3.8 million at February 29, 2020. Employee count not disclosed. | |||
| 2020-02-29 | plant_closure | completed | 2019-10 | Rancho Cucamonga, California, United States | Melting operations | USD 6 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Melting operations closed October 2019; $6.3M charge covered severance, pension curtailment and vendor agreement terminations, recorded in fiscal Q1 2020. $3.8M liability remained accrued at 2020-02-29. Number of employees affected not disclosed. | |||
| 2020-02-29 | acquisition_addition | completed | 2020-02-03 | Zawiercie, Poland | International Mill | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | CMC Poland acquired steel mesh producer P.P.U. Ecosteel; headcount added through the acquisition not disclosed. | ||||
| 2020-02-29 | plant_closure | completed | 2019-10-01 | California, United States | Americas Mills | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closed melting operations at Rancho Cucamonga facility in October 2019. Recorded $6.3 million expense in Q1 2020 for severance, pension curtailment, and vendor terminations. Remaining liability of $3.8 million as of Feb 29, 2020. Employee count not disclosed. | |||
| 2019-11-30 | plant_closure | in_progress | 2019-10 | Rancho Cucamonga, California, United States | Americas Mills (melting operations) | USD 6 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Closure of melting operations at Rancho Cucamonga facility; charge covers severance, pension curtailment and vendor agreement terminations. Remaining liability of $3.9 million at November 30, 2019 in accrued expenses and other payables. No employee count disclosed. | |||
| 2019-11-30 | plant_closure | in_progress | 2019-10-31 | United States — Rancho Cucamonga, California | Americas Mills — melting operations | USD 6 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | October 2019 decision to close melting operations; $6.3M charge covers severance, pension curtailment and vendor agreement terminations; $3.9M liability remained at 2019-11-30. Number of employees affected not disclosed. | |||
| 2019-11-30 | plant_closure | in_progress | 2019-10 | United States | Americas Mills | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company decided to close melting operations at Rancho Cucamonga facility. Recorded $6.3 million expense for severance, pension curtailment, and vendor agreement terminations. Remaining liability of $3.9 million accrued. | |||
| 2019-08-31 | plant_closure | completed | United States | Americas Fabrication | USD 4 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | FY2019 adjusted EBITDA loss includes $4.2 million of costs related to closure of certain fabrication locations during 2019; number of locations and employees affected not disclosed. | ||||
| 2019-08-31 | restructuring | completed | 2017-06-13 | United States, Asia, Australia | International Marketing and Distribution (discontinued operations) | USD 1 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Exit of International Marketing and Distribution segment announced June 13, 2017; substantially completed by fiscal 2018. The $0.9 million severance expense recorded in fiscal 2019 is current-year residual activity only (prior years: $6.7 million in 2018, $17.5 million in 2017), related to closure of marketing and distribution offices with involuntary terminations. | |||
| 2019-08-31 | acquisition_addition | completed | 2018-11-05 | United States | Americas Mills (four EAF mini mills) and Americas Fabrication (33 rebar fabrication facilities) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Gerdau S.A. acquisition completed November 5, 2018 (first quarter of fiscal 2019) for $701.2 million; acquired businesses contributed $1.38 billion of net sales and represented approximately 24% of consolidated total assets and net sales in fiscal 2019. Employee headcount added through the acquisition is not disclosed. | ||||
| 2019-08-31 | acquisition_addition | completed | 2018-11-05 | 2018-11-05 | United States | Americas Fabrication; Americas Mills | USD 701 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition from Gerdau S.A. of 33 rebar fabrication facilities and four EAF mini mills; $701.2 million cash purchase price. Headcount added not disclosed; acquired businesses represented 24% of consolidated total assets and net sales. | ||
| 2019-08-31 | plant_closure | completed | 2019-08-31 | United States | Americas Fabrication | USD 4 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Adjusted EBITDA loss included $4.2 million of costs related to closure of certain fabrication locations during 2019; number of employees affected not disclosed. | |||
| 2019-08-31 | divestiture_reduction | completed | 2018-06-30 | United States | Americas Fabrication — structural steel fabrication operations | USD 14 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of substantially all structural steel fabrication assets completed in the third quarter of fiscal 2018 (prior fiscal year); $13.7 million impairment recorded. Headcount removed not disclosed. | |||
| 2019-08-31 | restructuring | in_progress | 2017-06-13 | 2019-08-31 | United States; Asia; Australia | International Marketing and Distribution (discontinued operations) | USD 1 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Severance expense of $0.9 million recorded in fiscal 2019 (current fiscal year only) for closure of marketing and distribution offices; program announced June 2017 and largely wound down in prior years. Employee counts not disclosed. | ||
| 2019-08-31 | acquisition_addition | completed | 2018-11-05 | 2018-11-05 | United States | Americas Mills; Americas Fabrication | USD 701 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of 33 rebar fabrication facilities and 4 EAF mini mills from Gerdau S.A. on November 5, 2018. Total cash purchase price $701.2 million. Employee count not explicitly disclosed in filing. | ||
| 2019-08-31 | restructuring | completed | 2017-06-13 | 2019-08-31 | United States; Asia; Australia | International Marketing and Distribution (Discontinued) | USD 1 (millions) | discontinued_operations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Exit of International Marketing and Distribution segment. Severance expense of $0.9 million recorded in FY2019 related to closure of marketing and distribution offices. Prior years: $6.7M (2018), $17.5M (2017). Employee count not disclosed. | ||
| 2019-08-31 | acquisition_addition | completed | 2018-11-05 | United States | Americas Mills; Americas Fabrication | USD 701 (millions) | Item 1. Business - Gerdau Acquisition f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of 33 rebar fabrication facilities and 4 EAF mini mills from Gerdau S.A. on November 5, 2018. Specific headcount added not disclosed in this filing. | |||
| 2019-08-31 | plant_closure | completed | United States | Americas Fabrication | USD 4 (millions) | MD&A - Americas Fabrication f5-10k / Qwen3.6-27B-Q8_0 | Closure of certain fabrication locations in 2019. Specific employee count not disclosed. | ||||
| 2019-08-31 | restructuring | completed | Global | Discontinued Operations | USD 1 (millions) | Note 4. Changes in Business f5-10k / Qwen3.6-27B-Q8_0 | Severance expense related to closure of marketing and distribution offices resulting in involuntary employee termination benefits. Specific headcount not disclosed. | ||||
| 2019-02-28 | acquisition_addition | completed | 2018-11-05 | United States | Americas Mills; Americas Fabrication | USD 701 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of 33 rebar fabrication facilities and four electric-arc furnace mini mills from Gerdau S.A. completed 2018-11-05 for $701.2 million cash; no employee headcount added was disclosed in the filing | |||
| 2018-11-30 | acquisition_addition | completed | 2018-11-05 | United States | Americas Mills; Americas Fabrication | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of 33 rebar fabrication facilities and four EAF mini mills from Gerdau S.A. for $701.2 million cash; no employee headcount for the acquired workforce is disclosed in the filing. | ||||
| 2018-08-31 | restructuring | completed | 2017-06-13 | United States, Asia, Australia | International Marketing and Distribution (discontinued operations) | USD 7 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Wind-down of International Marketing and Distribution segment announced June 13, 2017 and concluded during fiscal 2018. Fiscal 2018 severance expense of $6.7 million for involuntary terminations tied to closure of marketing and distribution offices; remaining termination-benefit liability was $16.9 million at August 31, 2017 and immaterial at August 31, 2018. Headcount affected not disclosed. | |||
| 2018-08-31 | divestiture_reduction | completed | United States | Americas Fabrication — structural steel fabrication operations | other f5-10k / GLM-5.3-flash-HTML | Substantially all assets of structural steel fabrication operations sold during the third quarter of fiscal 2018 for proceeds of $20.3 million; resulted in $13.7 million of asset impairment charges (asset write-down, not a severance charge). No employee count disclosed. | |||||
| 2018-08-31 | acquisition_addition | completed | 2017-10-26 | 2017-10-26 | United States | Americas Mills | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Completed purchase of substantially all assets of MMFX Technologies Corporation on October 26, 2017 (completion date used as announcement date); company states the acquisition was not material. Headcount added not disclosed. | |||
| 2018-08-31 | acquisition_addition | announced | 2017-12-29 | 2018-12-31 | United States | Americas Mills / Americas Fabrication — rebar steel mills and fabrication assets | USD 600 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Definitive agreement signed December 29, 2017 to acquire rebar steel mill and fabrication assets from Gerdau S.A. for $600.0 million cash, subject to adjustments. Adds 33 U.S. rebar fabrication facilities and mills in Knoxville (TN), Jacksonville (FL), Sayreville (NJ) and Rancho Cucamonga (CA); expected to close before end of calendar 2018, subject to regulatory review. Headcount to be added not disclosed; charge shown is the purchase price, not a severance cost. | ||
| 2018-08-31 | acquisition_addition | announced | 2017-12-29 | 2018-12-31 | United States | Americas Mills; Americas Fabrication | USD 600 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Cash purchase price for Gerdau S.A. U.S. rebar mill and fabrication assets (33 fabrication facilities plus four mills); no employee count disclosed. Closing expected before end of calendar 2018, subject to HSR review; $40.0 million termination fee applies. | ||
| 2018-08-31 | acquisition_addition | completed | 2017-10-26 | 2017-10-26 | United States | Americas Mills | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase of substantially all assets of MMFX Technologies Corporation; results included in Americas Mills. Not material to financial position or results; no headcount disclosed. | |||
| 2018-08-31 | divestiture_reduction | completed | 2017-06-13 | 2018-08-31 | United States; Asia; Australia | International Marketing and Distribution (discontinued operations) | USD 7 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2018 severance for involuntary terminations from closure of marketing and distribution offices as the segment was wound down; remaining severance liability not material at fiscal year-end. No employees-affected count disclosed. | ||
| 2018-08-31 | divestiture_reduction | completed | 2018-05-31 | United States | Americas Fabrication — structural steel fabrication operations | USD 14 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of substantially all assets of structural steel fabrication operations completed in Q3 fiscal 2018 for $20.3 million proceeds; $13.7 million impairment charge recorded. Not classified as discontinued operations; no headcount disclosed. | |||
| 2018-08-31 | restructuring | completed | United States | Americas Fabrication | USD 14 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Asset impairment of $13.7 million recorded in connection with the disposition of certain non-core assets in the Americas Fabrication segment during fiscal 2018. Employee count not explicitly disclosed. | ||||
| 2018-08-31 | divestiture_reduction | completed | Global | International Marketing and Distribution | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Wind down of operations in the International Marketing and Distribution segment completed during fiscal 2018. Employee count not explicitly disclosed. | |||||
| 2018-08-31 | restructuring | completed | United States | Americas Fabrication | USD 14 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Disposition of certain non-core assets in Americas Fabrication segment resulted in $13.7 million asset impairment. Employee count not disclosed. | ||||
| 2018-08-31 | restructuring | completed | Global | International Marketing and Distribution | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Wind down of International Marketing and Distribution segment. Severance expense of $6.7 million recorded in fiscal 2018. Employee count not disclosed. | |||||
| 2018-02-28 | acquisition_addition | announced | 2017-12-29 | 2018-12-31 | United States | Americas Fabrication / Americas Mills (rebar mills and fabrication facilities) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive purchase agreement to acquire certain U.S. rebar steel mill and fabrication assets from Gerdau S.A. for $600.0 million cash; includes 33 fabrication facilities and four mills (2.7 million tons annual melt capacity). No headcount transferred disclosed. FTC second request received 2018-03-16; closing expected before calendar year-end 2018. | |||
| 2018-02-28 | divestiture_reduction | announced | 2018-03-01 | United States | Americas Fabrication (structural steel fabrication operations) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement signed after quarter end to sell substantially all structural steel fabrication assets; does not meet discontinued-operations criteria. Related impairment charge of $12.1 million recorded in Q2 fiscal 2018 (asset/goodwill impairment, not severance). No employee counts disclosed. | ||||
| 2018-02-28 | divestiture_reduction | announced | 2018-03-01 | Australia | International Marketing and Distribution (steel trading) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of certain assets and liabilities of the Australian steel trading business completed as a subsequent event; no headcount disclosed. | ||||
| 2018-02-28 | restructuring | completed | 2017-06 | 2018-02-28 | United States, Asia, Australia | International Marketing and Distribution (steel trading operations) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan announced June 2017 to exit the segment; U.S. and Asia steel trading substantially wound down during Q2 fiscal 2018. No employee counts or severance amounts disclosed. | |||
| 2017-11-30 | acquisition_addition | completed | 2017-10-26 | 2017-10-26 | United States | Americas Mills | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase of substantially all assets of MMFX Technologies Corporation; no headcount disclosed. Filing states the acquisition was not material to financial position or results. | |||
| 2017-11-30 | acquisition_addition | announced | 2018-01-02 | 2018-12-31 | United States | Americas Fabrication; Americas Mills | USD 600 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire U.S. rebar steel mill and fabrication assets from Gerdau S.A. for $600.0 million cash; includes 33 fabrication facilities and four mills. No employee count disclosed; charge value reflects purchase price, not a severance or restructuring charge. | ||
| 2017-08-31 | divestiture_reduction | completed | 2017-06-13 | 2017-08-31 | Global (U.S.-headquartered raw materials trading business) | International Marketing and Distribution — CMC Cometals | USD 7 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Initial step of the announced plan to exit the International Marketing and Distribution segment: sale of CMC Cometals completed August 31, 2017 for proceeds of $170.9 million, subject to post-closing adjustments. The $7.0 million charge is a loss on sale recognized in discontinued operations (not severance). Headcount transferred with the business not disclosed. | ||
| 2017-08-31 | restructuring | in_progress | 2017-06-13 | United States, Asia, Australia | International Marketing and Distribution — CMC Cometals Steel and remaining trading operations | USD 25 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Plan to restructure and sell remaining trading operations; segment remainder to be reclassified to discontinued operations upon held-for-sale classification or wind-down of each operation (no completion date given). FY2017 consolidated severance of $25.0 million (remaining termination-benefit liability $16.9 million at August 31, 2017) primarily related to closure of marketing and distribution offices via involuntary terminations — not exclusively attributable to this program. FY2017 exit charges also included an $8.4 million increase in inventory write-downs, a $4.2 million impairment of accumulated foreign currency translation loss (Australia) and a $2.0 million goodwill impairment. Segment employed 225 at August 31, 2017. | |||
| 2017-08-31 | restructuring | completed | 2016 | 2017-08-31 | Cardiff, Wales, United Kingdom | International Marketing and Distribution — steel trading | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Exit decision made in the fourth quarter of fiscal 2016; the UK steel trading and distribution businesses headquartered in Cardiff, Wales were fully exited during fiscal 2017. Severance and exit costs disclosed as not material; affected headcount not disclosed. | |||
| 2017-08-31 | acquisition_addition | completed | 2016-12-12 | 2016-12-12 | Alpharetta, Georgia, United States | Americas Fabrication | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Purchase of substantially all assets of Continental Concrete Structures, Inc., a fabricator of post-tensioning cable and related products; headcount added not disclosed. Aggregate cash used for all three fiscal 2017 acquisitions was $56.1 million per the consolidated statement of cash flows; acquisitions individually and in aggregate deemed not material. | |||
| 2017-08-31 | acquisition_addition | completed | 2017-01-09 | 2017-01-09 | Kapolei, Hawaii, United States | Americas Fabrication | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Purchase of substantially all assets of Associated Steel Workers, Limited, a steel fabrication facility extending the company's footprint into Hawaii; headcount added not disclosed. | |||
| 2017-08-31 | acquisition_addition | completed | 2017-03-06 | 2017-03-06 | Southeast United States | Americas Recycling | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Purchase of certain assets from OmniSource Corporation (a subsidiary of Steel Dynamics, Inc.) consisting of seven recycling facilities located near the Cayce, South Carolina mini mill; headcount added not disclosed. | |||
| 2017-08-31 | restructuring | in_progress | 2017-06-13 | United States, Asia, Australia | International Marketing and Distribution | USD 25 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Consolidated severance cost recorded in fiscal 2017, driven primarily by the planned exit of the segment and closure of marketing and distribution offices; $16.9M severance liability remained accrued at 2017-08-31. Employees affected not disclosed. Corporate severance related to executive exits rose $2.1M vs. prior year. | |||
| 2017-08-31 | plant_closure | completed | United Kingdom | International Marketing and Distribution — steel trading | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Exited the steel trading business headquartered in Cardiff, Wales during fiscal 2017; severance and exit costs described as not material and not quantified. Employees affected not disclosed. | |||||
| 2017-08-31 | restructuring | completed | Asia | International Marketing and Distribution | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Decision to exit Asian operations completed in the fourth quarter of fiscal 2017 as part of the announced segment exit; employees affected not disclosed. | |||||
| 2017-08-31 | acquisition_addition | completed | 2016-12-12 | 2016-12-12 | United States (Alpharetta, Georgia) | Americas Fabrication | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase of substantially all assets of Continental Concrete Structures, Inc. (CCS), a post-tensioning cable fabricator; headcount added not disclosed. | |||
| 2017-08-31 | acquisition_addition | completed | 2017-01-09 | 2017-01-09 | United States (Kapolei, Hawaii) | Americas Fabrication | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase of substantially all assets of Associated Steel Workers, Limited (ASW), a steel fabrication facility; headcount added not disclosed. | |||
| 2017-08-31 | acquisition_addition | completed | 2017-03-06 | 2017-03-06 | United States (Southeast) | Americas Recycling | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase of seven recycling facilities from OmniSource Corporation (Steel Dynamics, Inc.) near the Cayce, South Carolina mini mill; headcount added not disclosed. | |||
| 2017-08-31 | divestiture_reduction | completed | 2017-06-13 | 2017-08-31 | United States | International Marketing and Distribution — CMC Cometals raw materials trading | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of CMC Cometals completed 2017-08-31 for proceeds of $170.9M, with a $7.0M loss on sale recorded in discontinued operations; headcount removed not disclosed. | |||
| 2017-08-31 | restructuring | completed | 2017-06-13 | Global | International Marketing and Distribution | USD 25 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Company announced plan to exit International Marketing and Distribution segment. Consolidated severance cost of $25.0 million recorded for fiscal 2017 related primarily to discontinued operations (closure of marketing and distribution offices). Employee count not disclosed. | |||
| 2017-08-31 | acquisition_addition | completed | 2016-12-12 | United States | Americas Fabrication | business_combinations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Continental Concrete Structures, Inc. (CCS). Employee count not disclosed. | ||||
| 2017-08-31 | acquisition_addition | completed | 2017-01-09 | United States | Americas Fabrication | business_combinations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Associated Steel Workers, Limited (ASW). Employee count not disclosed. | ||||
| 2017-08-31 | acquisition_addition | completed | 2017-03-06 | United States | Americas Recycling | business_combinations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of seven recycling facilities from OmniSource Corporation. Employee count not disclosed. | ||||
| 2017-08-31 | restructuring | completed | 2017-06-13 | Global | International Marketing and Distribution | USD 25 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Plan to exit International Marketing and Distribution segment. Consolidated severance cost of $25.0 million recorded in fiscal 2017, primarily related to discontinued operations and closure of marketing and distribution offices. | |||
| 2017-08-31 | acquisition_addition | completed | 2016-12-12 | United States | Americas Fabrication | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Continental Concrete Structures, Inc. (CCS). Headcount not disclosed. | ||||
| 2017-08-31 | acquisition_addition | completed | 2017-01-09 | United States | Americas Fabrication | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Associated Steel Workers, Limited (ASW). Headcount not disclosed. | ||||
| 2017-08-31 | acquisition_addition | completed | 2017-03-06 | United States | Americas Recycling | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of seven recycling facilities from OmniSource Corporation. Headcount not disclosed. | ||||
| 2017-05-31 | acquisition_addition | completed | 2016-12-12 | 2016-12-12 | United States (Alpharetta, Georgia) | Americas Fabrication | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase of substantially all assets of Continental Concrete Structures, Inc. (CCS), a post-tensioning cable fabricator; headcount not disclosed. | |||
| 2017-05-31 | acquisition_addition | completed | 2017-01-09 | 2017-01-09 | United States (Kapolei, Hawaii) | Americas Fabrication | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase of substantially all assets of Associated Steel Workers, Limited (ASW), a steel fabrication facility; headcount not disclosed. | |||
| 2017-05-31 | acquisition_addition | completed | 2017-03-06 | 2017-03-06 | United States (Southeast) | Americas Recycling | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase of seven recycling facilities from OmniSource Corporation (Steel Dynamics, Inc.); headcount not disclosed. | |||
| 2017-05-31 | divestiture_reduction | announced | 2017-06-13 | United States, Asia, Australia | International Marketing and Distribution | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced plan to exit the entire International Marketing and Distribution segment; includes sale of CMC Cometals raw materials trading business (definitive agreement June 12, 2017), planned sale of U.S. steel trading business, and restructuring/sale of Asia and Australia trading operations. Headcount not disclosed. | ||||
| 2017-02-28 | acquisition_addition | completed | 2016-12-12 | United States (Alpharetta, Georgia) | Americas Fabrication | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Asset purchase of a post-tensioning cable fabricator completed 2016-12-12; no employee count disclosed. | ||||
| 2017-02-28 | acquisition_addition | completed | 2017-01-09 | United States (Kapolei, Hawaii) | Americas Fabrication | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Asset purchase of a steel fabrication facility completed 2017-01-09; no employee count disclosed. | ||||
| 2017-02-28 | acquisition_addition | completed | 2017-03-06 | United States (Southeast, near Cayce, South Carolina) | Americas Recycling | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Subsequent-event acquisition completed 2017-03-06, after quarter end; no employee count disclosed. | ||||
| 2016-08-31 | other | in_progress | United Kingdom | International Marketing and Distribution — steel trading business | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Decision to exit the Cardiff, Wales steel trading business made in Q4 fiscal 2016 (June–August 2016); operation continuing to service existing commitments with wind-down and inventory liquidation expected over the following months; severance and exit costs stated as not material; no headcount or charge amount disclosed. | |||||
| 2016-08-31 | divestiture_reduction | completed | 2016-07-10 | Australia | International Marketing and Distribution — Australian steel distribution (reported in discontinued operations) | USD 16 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Actual completion date July 10, 2016: final remaining Australian steel distribution location sold for $4.4 million proceeds (excluding accounts receivable). Exit decision originally made in Q1 fiscal 2015. A $15.8 million impairment (including ~$13.5 million accumulated currency translation loss) was recorded in Q3 fiscal 2016 on the remaining held-for-sale asset group. No employee headcount disclosed. | |||
| 2016-08-31 | other | completed | USD 3 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Consolidated severance cost for fiscal 2016 (current-year figure only; comparatives excluded). Filer states the cost was not individually material to any segment and the remaining termination-benefit liability at year-end was not material; no specific program, affected-employee count, or timing disclosed. | ||||||
| 2016-08-31 | divestiture_reduction | completed | 2015-03-01 | 2016-07-10 | Australia | International Marketing and Distribution — steel distribution | USD 16 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of the final remaining Australian steel distribution location completed 2016-07-10 for $4.4 million proceeds; a $15.8 million impairment (including ~$13.5 million accumulated translation loss) on the held-for-sale asset group was recorded in Q3 FY2016. Headcount not disclosed. Announcement date reflects the FY2015 decision to exit; only FY2016 activity captured here. | ||
| 2016-08-31 | plant_closure | in_progress | 2016-05-01 | 2016-12-31 | United Kingdom (Cardiff, Wales) | International Marketing and Distribution — steel trading | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Decision made in Q4 FY2016 to exit the steel trading business headquartered in Cardiff; severance and exit costs were not material. Operation servicing existing commitments with wind-down and inventory liquidation expected over subsequent months. Announcement date is approximate (Q4 FY2016 = June–August 2016). | |||
| 2016-08-31 | other | completed | 2016-08-31 | Consolidated | All segments | USD 3 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Consolidated severance cost of $3.2 million recorded during fiscal 2016; not individually material to any segment. Number of employees affected not disclosed. | |||
| 2016-08-31 | plant_closure | completed | 2015-09-01 | 2016-07-10 | Australia | International Marketing and Distribution | Item 1: Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Company exited Australian steel distribution business. Sale of remaining location completed July 10, 2016. Headcount not explicitly disclosed. | |||
| 2016-08-31 | plant_closure | completed | 2016-06-01 | Cardiff, Wales, United Kingdom | International Marketing and Distribution | Item 1: Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Company decided to exit steel trading business headquartered in Cardiff, Wales in Q4 FY2016. Operations wound down. Headcount not explicitly disclosed. | ||||
| 2016-08-31 | restructuring | completed | 2016-06-01 | United Kingdom | International Marketing and Distribution | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Decision to exit steel trading business headquartered in Cardiff, Wales. Severance and exit costs were not material. | ||||
| 2016-08-31 | divestiture_reduction | completed | 2015-09-01 | 2016-07-10 | Australia | International Marketing and Distribution | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Exit of Australian steel distribution business. Operations ceased at three locations in FY2015; remaining location sold in Q4 FY2016. | |||
| 2015-08-31 | divestiture_reduction | in_progress | Australia | International Marketing and Distribution (Australian steel distribution; discontinued operations) | USD 3 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Decision to exit made in Q1 fiscal 2015 (Sep-Nov 2014). Six locations sold July 31, 2015 for $26.4M proceeds with an $8.1M pre-tax gain (including $10.1M currency translation gain); operations ceased at three other locations in Q4 fiscal 2015. One location remained held for sale at year-end, hence status in_progress. $3.0M of impairment losses on the held-for-sale asset group recognized in Q2-Q3 fiscal 2015. No employee counts disclosed. | ||||
| 2015-08-31 | plant_closure | in_progress | Cardiff, Wales, United Kingdom | International Marketing and Distribution | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Company decided in Q4 fiscal 2015 (Jun-Aug 2015) to exit its steel distribution business in Cardiff, Wales. Exit expenses were not material for fiscal 2015. No workforce count disclosed. | |||||
| 2015-08-31 | plant_closure | completed | Youngstown, Ohio, United States | Americas Fabrication (CMC Impact Metals) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Facility closed during Q4 fiscal 2015 (Jun-Aug 2015). Impact Metals produced armor plate, high strength bar and special bar quality steel. No workforce count disclosed. | |||||
| 2015-08-31 | other | completed | USD 6 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Aggregate termination-benefit severance cost recorded across the company in fiscal 2015; not individually material to any segment. No discrete program or employee counts disclosed. Remaining liability for termination benefits was $1.2 million at fiscal year-end (comparatives: $3.7M FY2014, $6.1M FY2013). | ||||||
| 2015-08-31 | divestiture_reduction | in_progress | Australia | International Marketing and Distribution — steel distribution business | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Exit decision made in first quarter of fiscal 2015 (exact date not disclosed); six locations sold July 31, 2015, operations ceased at three additional locations in Q4 FY2015, one location remained held for sale at year-end. Exit costs described as not material; no headcount disclosed. | |||||
| 2015-08-31 | plant_closure | completed | 2015-08-31 | United States (Youngstown, Ohio) | Americas Fabrication — CMC Impact Metals | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Facility closed during the fourth quarter of fiscal 2015; no headcount or charge disclosed. | ||||
| 2015-08-31 | divestiture_reduction | completed | 2015-08-31 | United Kingdom (Cardiff, Wales) | International Marketing and Distribution — steel distribution | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Exit decision made in the fourth quarter of fiscal 2015; associated expenses described as not material and recorded in SG&A. No headcount disclosed. | ||||
| 2015-08-31 | restructuring | completed | 2015-08-31 | Consolidated | All segments | USD 6 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Consolidated severance cost recorded during fiscal 2015; remaining termination-benefit liability of $1.2 million at year-end. Number of employees affected not disclosed; not individually material to any segment. | |||
| 2015-08-31 | plant_closure | completed | 2015-06-01 | 2015-08-31 | Australia | International Marketing and Distribution | Item 1: Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Company decided to exit steel distribution business in Australia. Completed sale of six locations on July 31, 2015. Ceased operations at three other locations in Q4 FY2015. One location remained held for sale. Employee count not disclosed. | |||
| 2015-08-31 | plant_closure | completed | 2015-06-01 | 2015-08-31 | United States | Americas Fabrication | Item 1: Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Closed facility in Youngstown, Ohio during Q4 FY2015. Employee count not disclosed. | |||
| 2015-08-31 | plant_closure | completed | 2014-12-01 | 2015-02-28 | Switzerland | International Marketing and Distribution | Item 1: Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Decided to exit steel trading business headquartered in Zug, Switzerland in Q4 FY2014. Severance and exit costs were immaterial. Employee count not disclosed. | |||
| 2015-08-31 | plant_closure | completed | 2015-08-31 | 2015-08-31 | United States | Americas Fabrication | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Closed a facility in Youngstown, Ohio during the fourth quarter of fiscal 2015. Employee count not specified. | |||
| 2015-08-31 | divestiture_reduction | completed | 2015-07-31 | 2015-08-31 | Australia | International Marketing and Distribution | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Completed sale of six locations and ceased operations at three other locations of Australian steel distribution business. Employee count not specified. | |||
| 2015-08-31 | plant_closure | completed | 2015-08-31 | 2015-08-31 | United Kingdom | International Marketing and Distribution | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Exited steel distribution business in Cardiff, Wales. Expenses not material. Employee count not specified. | |||
| 2015-02-28 | divestiture_reduction | in_progress | 2014-09-01 | Australia | International Marketing and Distribution (steel distribution) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company decided in September 2014 to exit and sell its Australian steel distribution business; classified as a discontinued operation. No employee count or severance charge disclosed; exit expenses described as not material. | ||||
| 2014-11-30 | divestiture_reduction | in_progress | 2014-09-30 | Australia | International Marketing and Distribution (steel distribution) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Decision made in September 2014 to exit and sell the Australian steel distribution business; classified as a discontinued operation with $94.5M assets and $42.9M liabilities held for sale at 2014-11-30. No employee count or severance disclosed; exit expenses described as not material for the quarter. | ||||
| 2014-08-31 | other | completed | Consolidated — not individually material to any segment | USD 4 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Aggregate fiscal 2014 severance expense; no discrete program or employee count disclosed. Remaining termination-benefit liability was $0.9 million at August 31, 2014. | |||||
| 2014-08-31 | acquisition_addition | completed | 2014-06-13 | 2014-06-13 | San Antonio, Texas, United States | Americas Mills (scrap metal recycling) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired substantially all assets of Newell Recycling of San Antonio, LP on June 13, 2014; acquisition immaterial individually and in aggregate, headcount added not disclosed. Consolidated cash used for acquisitions, net of cash acquired, was $15.7 million in fiscal 2014 per the consolidated statement of cash flows. | |||
| 2014-08-31 | divestiture_reduction | completed | 2013-10-17 | 2013-10-17 | United States | Americas Mills (copper tube manufacturing — Howell Metal Company) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Sold all outstanding capital stock of Howell Metal Company on October 17, 2013 for $58.5 million ($3.2 million escrow), including a $3.0 million working capital adjustment; estimated pre-tax gain of $23.8 million. Remaining held-for-sale assets disposed for $1.1 million in Q4 fiscal 2014. Headcount removed not disclosed; Howell presented in discontinued operations for all periods. | |||
| 2014-08-31 | restructuring | in_progress | Zug, Switzerland | International Marketing and Distribution (steel trading business) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Decision made in Q4 fiscal 2014 (June–August 2014) to exit the Zug-headquartered steel trading business; severance and other exit costs incurred were not material. Operations to be wound down and remaining inventories liquidated over several months following fiscal year-end; exact announcement/completion dates not disclosed. | |||||
| 2014-08-31 | restructuring | announced | 2014-09 | Australia | International Marketing and Distribution (steel distribution business) | subsequent_events f5-10k / GLM-5.3-flash-HTML | Subsequent event: in September 2014, after fiscal year-end, the Company decided to exit its Australian steel distribution business, having determined that acceptable financial returns would require additional time and investment. Headcount impact and charges not quantified. | ||||
| 2014-08-31 | divestiture_reduction | completed | 2013-10-17 | 2013-10-17 | United States | Americas Mills (Howell Metal Company copper tube operation) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of all outstanding capital stock of Howell for $58.5 million; pre-tax gain of $23.8 million. Headcount not disclosed. | |||
| 2014-08-31 | acquisition_addition | completed | 2014-06-13 | 2014-06-13 | United States (San Antonio, Texas) | Americas Mills (recycling facility) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase of substantially all assets of Newell Recycling of San Antonio, LP; acquisition described as not material. Headcount added not disclosed. | |||
| 2014-08-31 | restructuring | completed | Switzerland | International Marketing and Distribution (steel trading, Zug) | USD 4 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Decision to exit the Zug, Switzerland steel trading business made in Q4 fiscal 2014; severance and exit costs described as not material. Consolidated FY2014 severance cost of $3.7 million shown in Note 9; employees affected not disclosed and not attributable to a single action. | ||||
| 2014-08-31 | divestiture_reduction | announced | 2014-09 | Australia | International Marketing and Distribution (steel distribution) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | September 2014 decision to exit the Australian steel distribution business after efforts to stabilize returns; headcount affected not disclosed. | ||||
| 2014-08-31 | plant_closure | completed | 2014-09-01 | Australia | International Marketing and Distribution | subsequent_events f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Company decided to exit steel distribution business in Australia in September 2014. No specific headcount disclosed. | ||||
| 2014-08-31 | plant_closure | completed | 2014-06-01 | Switzerland | International Marketing and Distribution | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Company decided to exit steel trading business headquartered in Zug, Switzerland in Q4 FY2014. Severance costs were not material. No specific headcount disclosed. | ||||
| 2014-08-31 | restructuring | completed | 2014-06-13 | United States | Americas Mills | Note 4. Acquisitions f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Newell Recycling of San Antonio, LP. Headcount added not disclosed. | ||||
| 2014-08-31 | divestiture_reduction | completed | 2013-10-17 | United States | Americas Mills | Note 10. Businesses Held for Sale, Discontinued Operations and Dispositions f5-10k / Qwen3.6-27B-Q8_0 | Sale of Howell Metal Company. Headcount removed not disclosed. | ||||
| 2014-08-31 | plant_closure | completed | 2014-09-01 | Australia | International Marketing and Distribution | Note 24. Subsequent Events f5-10k / Qwen3.6-27B-Q8_0 | Decision to exit steel distribution business in Australia announced in September 2014. Headcount affected not disclosed. | ||||
| 2014-08-31 | plant_closure | completed | 2014-10-01 | Switzerland | International Marketing and Distribution | Note 8. Long-Lived Asset Impairment and Facility Closure Costs f5-10k / Qwen3.6-27B-Q8_0 | Decision to exit steel trading business headquartered in Zug, Switzerland. Severance and exit costs were not material. Headcount affected not disclosed. | ||||
| 2013-08-31 | other | completed | USD 6 (millions) | restructuring_footnote f5-10k / GLM-5.3-flash-HTML | Consolidated severance cost recorded for fiscal 2013; stated as not individually material to any segment; number of affected employees not disclosed. Remaining termination-benefit liability was $2.8 million at August 31, 2013. | ||||||
| 2013-08-31 | plant_closure | completed | United States | Americas Fabrication — steel fabrication | USD 5 (millions) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Three steel fabrication locations were closed during fiscal 2013; workforce impact not quantified. The $4.6 million of fiscal 2013 asset impairment and facility closure costs relates to other operating units generally and may include these closures — exact attribution not specified by the filer. | ||||
| 2013-08-31 | divestiture_reduction | completed | 2013-10-17 | United States | Americas Mills — Howell Metal Company (copper tube manufacturing); reported in discontinued operations | subsequent_events f5-10k / GLM-5.3-flash-HTML | Decision to sell made in Q4 of fiscal 2013; all stock sold October 17, 2013 for $58.5 million, subject to customary purchase price adjustments. Headcount of the divested operation not disclosed. Also referenced in Item 1 and MD&A (deduplicated here). | ||||
| 2013-08-31 | plant_closure | completed | United States | Americas Fabrication | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Three steel fabrication locations closed during fiscal 2013; affected headcount not disclosed. Related severance of $6.1 million recorded company-wide in fiscal 2013 was not individually material to any segment. | |||||
| 2013-08-31 | restructuring | completed | United States | Consolidated | USD 6 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Consolidated severance cost of $6.1 million recorded in fiscal 2013; not individually material to any segment. Remaining termination benefit liability was $2.8 million at August 31, 2013. Employees affected not disclosed. | ||||
| 2013-08-31 | other | in_progress | Australia | International Marketing and Distribution | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | MD&A cites one-time costs for exiting unprofitable Australian locations alongside $12.7 million of goodwill and other asset impairments; headcount impact not quantified. | |||||
| 2013-08-31 | divestiture_reduction | completed | 2013-10-17 | United States | Americas Mills (Howell Metal Company — copper tube manufacturing) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Decision to sell made in Q4 fiscal 2013 and classified as discontinued operation; all Howell stock sold for $58.5 million on October 17, 2013, after fiscal year-end. Headcount removed not disclosed. | ||||
| 2013-08-31 | restructuring | completed | 2012-01-01 | 2013-08-31 | Global | Americas Fabrication | USD 6 (millions) | Note 9. Severance f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Consolidated severance cost of $6.1 million recorded for fiscal 2013. The severance cost recorded during 2013 was not individually material to any of the Company's segments. | ||
| 2013-08-31 | plant_closure | completed | 2012-01-01 | 2013-08-31 | United States | Americas Fabrication | Item 1. Business - Americas Fabrication f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Three locations were closed during fiscal 2013 within the Americas Fabrication segment. | |||
| 2013-08-31 | restructuring | completed | 2012-01-01 | 2013-08-31 | Global | Multiple | USD 6 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Consolidated severance cost of $6.1 million recorded for fiscal 2013. Note states cost was not individually material to any segment. | ||
| 2013-08-31 | plant_closure | completed | 2012-09-01 | 2013-08-31 | United States | Americas Fabrication | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Three locations were closed during fiscal 2013. | |||
| 2013-08-31 | divestiture_reduction | completed | 2013-10-17 | 2013-10-17 | United States | Americas Mills | subsequent_events f5-10k / Qwen3.6-27B-Q8_0 | Sold wholly-owned copper tube manufacturing operation, Howell Metal Company, on October 17, 2013. Classified as discontinued operations. | |||
| 2013-05-31 | restructuring | in_progress | United States | Multiple segments | USD 3 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Severance cost of $2.8 million (three months) and $4.3 million (nine months) recorded in fiscal 2013; not individually material to any segment; no employee counts disclosed. | ||||
| 2013-05-31 | other | in_progress | USD 3 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance cost recorded in the quarter; filer states it was not individually material to any business segment. No employee counts, program scope, or timing disclosed. | ||||||
| 2013-05-31 | restructuring | in_progress | Global | Various | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company recorded severance cost of $4.3 million during the nine months ended May 31, 2013. Not individually material to any business segment. | ||||
| 2013-02-28 | other | announced | 1 | 2013-03-28 | 2013-04-30 | United States | Corporate — Human Resources | USD 750,000 (units) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | SVP Human Resources separation effective 2013-04-30; lump sum equals two years base salary, plus prorated bonus, 18 months COBRA, and accelerated equity vesting. Post-quarter event disclosed as an exhibit. | |
| 2013-02-28 | other | completed | 2013-03-13 | 2013-03-31 | United States | Corporate / Human Resources | USD 1 (millions) | other f5-10q / Qwen3.6-27B-Q8_0 | Departure of James B. Alleman, Senior Vice President of Human Resources. Lump sum payment of $750,000 equivalent to two years annual base salary. | ||
| 2012-11-30 | divestiture_reduction | completed | 2011-12-01 | Croatia | Steel pipe manufacturing (CMCS) — discontinued operations | USD 18 (millions) | other f5-10q / GLM-5.3-flash-fp4-HTML | Exit of Croatian steel pipe operations announced Q1 fiscal 2012 with $18.0 million severance cost recorded then; majority of assets sold in fiscal 2012 and remaining assets sold during Q1 fiscal 2013 for $3.9 million with no impact to the consolidated statement of operations. Headcount affected not disclosed in this filing. | |||
| 2012-11-30 | restructuring | completed | 2012-09-01 | 2013-08-31 | Croatia | Discontinued Operations (Steel Pipe Manufacturing) | USD 18 () | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company announced exit of steel pipe manufacturing operations in Croatia (CMCS) in Q1 FY2012. Recorded $18.0 million severance cost. Assets sold in Q1 FY2013. | ||
| 2012-08-31 | plant_closure | completed | 1,130 | 2012-06-01 | Croatia | International Mill (CMC Sisak, d.o.o. — Croatian Pipe Mill / CMCS steel pipe manufacturing) | USD 18 (millions) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Exit announced in first quarter of fiscal 2012 via sale and/or closure; production orders shipped in Q2 and inventory liquidated in Q3; sale of outstanding shares completed June 1, 2012 for $30.6 million. Workforce reduction of approximately 1,130 connected with the closure; $18.0 million of severance recorded in Q1 fiscal 2012, plus a $13.8 million pre-tax gain on the sale transactions. | ||
| 2012-08-31 | plant_closure | completed | Americas Fabrication (rebar fabrication) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Two rebar fabrication facilities closed during the third quarter of fiscal 2012; no employee count or charge attributed to these closures. | ||||||
| 2012-08-31 | plant_closure | completed | Americas Fabrication (Construction Services) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Two construction services locations closed during the fourth quarter of fiscal 2012; no employee count or charge attributed to these closures. | ||||||
| 2012-08-31 | plant_closure | completed | 1,130 | 2012-06-01 | Croatia | International Mill — steel pipe manufacturing operation (CMCS) | USD 18 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Closure announced during the first quarter of fiscal 2012 (exact announcement date not disclosed); headcount reduction of approximately 1,130 disclosed in Item 1. Share sale completed 2012-06-01; $18.0M severance expense recorded in fiscal 2012, with $13.8M pre-tax gain on the sale. Consolidated fiscal 2012 severance costs were $25.6M, primarily related to discontinued operations. | ||
| 2012-08-31 | plant_closure | completed | United States | Americas Fabrication — rebar fabrication | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Headcount impact and charges not disclosed. | |||||
| 2012-08-31 | plant_closure | completed | United States | Americas Fabrication — construction services | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Headcount impact and charges not disclosed. | |||||
| 2012-08-31 | divestiture_reduction | completed | Germany | International Mill — rebar fabrication shop (Rosslau) | USD 4 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sold for $11.3M, resulting in a fourth-quarter fiscal 2012 loss of $3.8M recorded in continuing operations. Headcount impact not disclosed. | ||||
| 2012-08-31 | plant_closure | completed | 1,130 | 2012-03-01 | 2012-09-21 | Croatia | International Mill (CMCS) | USD 18 (millions) | Item 1. Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Reduction in workforce of approximately 1,130 associated with the closure of CMC Sisak (CMCS). Sale completed in Q4 2012. | |
| 2012-08-31 | plant_closure | completed | 1,130 | 2012-03-31 | 2012-08-31 | Croatia | International Mill | USD 18 (millions) | Item 1_Business f5-10k / Qwen3.6-27B-Q8_0 | Closure of Croatian Pipe Mill (CMCS). Reduction in workforce of approximately 1,130. Sale completed June 1, 2012. | |
| 2012-05-31 | plant_closure | completed | 2011-12-01 | 2012-05-31 | Croatia | International Mill (CMCS steel pipe manufacturing) | USD 18 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Company decided in Q1 FY2012 to exit Croatian steel pipe operations by closing the facility and selling assets; $18.0 million severance recorded in Q1 FY2012. Production orders shipped in Q2, remaining inventory liquidated in Q3. Classified as discontinued operation. | ||
| 2012-05-31 | divestiture_reduction | completed | 2012-06-01 | 2012-06-01 | Croatia | International Mill (CMCS) | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | Effective June 1, 2012, sold all outstanding CMCS shares for approximately $30.4 million ($3.1 million contingent); excluded assets partially sold June 13, 2012 for ~$6.7 million. Expected pre-tax gain of $12-17 million including ~$8 million currency translation gain. | |||
| 2012-05-31 | restructuring | in_progress | 2010-12-01 | United States | Americas Fabrication (joist and deck business) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Board approved plan in Q2 FY2010 to exit joist and deck business through sale of facilities; majority of joist assets sold in Q1 FY2011 and two former joist/deck properties sold in Q1 FY2012. Remaining assets at May 31, 2012 are real property for three locations. Classified as discontinued operation. | ||||
| 2012-05-31 | plant_closure | completed | Croatia | International Mill — steel pipe manufacturing (CMCS) | USD 18 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Exit announced in fiscal Q1 2012 (exact date not disclosed); $18.0M severance recorded in fiscal Q1 2012. Production ceased Q2 2012 and remaining inventory liquidated in Q3 2012. Related sale completed 2012-06-01 (see subsequent-event record). No employee count disclosed. | ||||
| 2012-05-31 | divestiture_reduction | completed | 2012-06-01 | Croatia | International Mill — steel pipe manufacturing (CMCS) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of all outstanding CMCS shares completed 2012-06-01 for approximately $30.4M ($3.1M contingent); excluded assets partially sold 2012-06-13 for ~$6.7M. Expected pre-tax gain of $12M–$17M, including ~$8M FX translation gain. Workforce action related to the CMCS exit disclosed in Note 7; no headcount transferred disclosed. | ||||
| 2012-05-31 | restructuring | in_progress | Primarily discontinued operations | USD 23 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance costs of $23.3M recorded for the nine months ended 2012-05-31 ($1.0M in Q3), primarily related to discontinued operations; $18.0M attributable to the CMCS exit. Remaining termination-benefit liability of $1.1M at 2012-05-31. No employee counts or locations disclosed for the residual severance. | |||||
| 2012-05-31 | restructuring | completed | 2012-01-01 | 2012-05-31 | Croatia | International Mill | USD 18 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance costs associated with exiting steel pipe manufacturing operations in Croatia (CMCS). Employee count not disclosed. | ||
| 2012-02-29 | plant_closure | in_progress | 2011-09-01 | 2012-05-31 | Croatia | International Mill (CMCS steel pipe manufacturing) | USD 18 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Company decided in Q1 FY2012 to exit Croatian steel pipe operations by closing the facility and selling assets; recorded $18.0 million severance in Q1. Production orders shipped in Q2; remaining inventory expected to be liquidated in Q3 FY2012. Classified as discontinued operation. | ||
| 2012-02-29 | divestiture_reduction | in_progress | 2010-05-31 | United States | Americas Fabrication (joist and deck business) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Board approved plan in Q2 FY2010 to exit joist and deck business through sale of facilities; majority of joist assets sold in Q1 FY2011. Remaining assets at February 29, 2012 consist of real property for three locations, held for sale. Presented as discontinued operation. | ||||
| 2012-02-29 | plant_closure | in_progress | 2012-08-31 | Croatia | International Mill | USD 18 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Decision announced during fiscal Q1 2012 (exact date not disclosed); exit via facility closure and asset sale. All production orders shipped in Q2; inventory liquidation expected in fiscal Q3 2012. Severance of $18.0M recorded in fiscal Q1. | |||
| 2012-02-29 | restructuring | in_progress | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance costs recorded during the three months ended February 29, 2012; specific program and affected-employee count not disclosed. Six-month severance total was $22.3M, primarily related to discontinued operations. | ||||||
| 2012-02-29 | restructuring | in_progress | 2012-01-01 | Croatia | International Mill | USD 18 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Exit of steel pipe manufacturing operations in Croatia (CMCS). $18.0 million severance recorded in Q1 2012. Employee count not disclosed. | |||
| 2012-02-29 | restructuring | in_progress | 2012-01-01 | United States | Corporate | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Total severance costs of $22.3 million for six months ended Feb 29, 2012. $18.0 million attributed to discontinued operations (CMCS). Remaining $4.3 million attributed to continuing operations/corporate. Employee count not disclosed. | |||
| 2011-11-30 | plant_closure | in_progress | 2011-09-01 | 2012-02-28 | Croatia | International Mills (steel pipe manufacturing, CMCS) | USD 18 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Company decided to exit Croatian steel pipe operations via facility closure and asset sale; approximately $18 million of severance recorded in Q1 FY2012; backlog and inventory liquidation expected to complete in Q2 FY2012. | ||
| 2011-11-30 | restructuring | completed | 2011-09-01 | Primarily discontinued operations | USD 20 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Total severance costs of $19.8 million recorded in Q1 FY2012, primarily related to discontinued operations (CMCS exit); prior-year quarter severance was $0.4 million. | ||||
| 2011-11-30 | plant_closure | in_progress | 2011-11-30 | 2012-05-31 | Croatia | International Mills — steel pipe manufacturing (CMCS) | USD 18 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company announced exit of Croatian steel pipe operations via closure and asset sale during Q1 2012; melt shop and rolling mill ceased production in the quarter, final shipments expected in Q2 2012. Severance of approximately $18 million recorded; no employee count disclosed. | ||
| 2011-11-30 | divestiture_reduction | in_progress | 2011-11-30 | United States | Americas Fabrication — joist and deck business | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Board approved exit via sale in Q2 2010; remaining assets at 2011-11-30 are real property at three locations. Ongoing wind-down disclosed in current filing; no employee count disclosed. | ||||
| 2011-11-30 | restructuring | in_progress | 2011-11-30 | 2012-05-31 | Croatia | International Mills | USD 18 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company announced decision to exit steel pipe manufacturing operations in Croatia (CMCS) by closure of facility and sale of assets. Recorded severance costs of approximately $18 million. Backlog and liquidation expected to complete in Q2 2012. | ||
| 2011-08-31 | plant_closure | announced | 1,130 | 2011-10-07 | Croatia (Sisak) | International Mills - steel pipe business (CMC Sisak / CMCS) | USD 111 (millions) | subsequent_events f5-10k / GLM-5.3-flash-HTML | Exit via sale and/or closure announced after fiscal year-end; headcount of approximately 1,130 disclosed in Item 1 (Employees). Approximately $110.6 million of restructuring charges including impairment were recorded in Q4 fiscal 2011; severance and other closure costs of $25-$40 million expected in fiscal 2012. Wind-down expected over several months of fiscal 2012. | ||
| 2011-08-31 | reduction_in_force | announced | 350 | Global | Company-wide (not specified) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Announced global workforce reduction of approximately 350, separate from the approximately 1,130 CMCS closure reduction; majority of reductions to occur in fiscal 2012. Consolidated fiscal 2011 severance costs of $8.2 million relate to all involuntary terminations, not solely this action. | ||||
| 2011-08-31 | plant_closure | announced | United States | Americas Fabrication - rebar fabrication | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Four domestic rebar fabrication facilities announced closed and/or closed during the fourth quarter of fiscal 2011 (June-August 2011). Part of $21.7 million of impairment, severance and closure costs covering rebar and construction services (CRP) closures per MD&A; combined employee headcount not disclosed. | |||||
| 2011-08-31 | plant_closure | announced | United States | Americas Fabrication - construction services (CRP) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Eight construction services locations announced closed and/or closed during the fourth quarter of fiscal 2011 (June-August 2011). Part of $21.7 million of impairment, severance and closure costs covering rebar and CRP closures per MD&A; employee headcount not disclosed. | |||||
| 2011-08-31 | plant_closure | announced | Germany | International Mills - rebar fabrication | USD 1 (millions) | MD&A f5-10k / GLM-5.3-flash-HTML | Decision made in Q4 fiscal 2011 to close or sell the German fabrication operation in fiscal 2012 (this is the one international location among five rebar closures). Approximately $1 million of fixed-asset impairment charges incurred in connection with the closure; employee headcount not disclosed. | ||||
| 2011-08-31 | acquisition_addition | completed | Australia (Melbourne, Victoria) | International Marketing and Distribution - steel long products and plate distribution (G.A.M. Steel Pty. Ltd.) | USD 48 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition completed during Q4 fiscal 2011; $48.4 million total purchase price subject to final adjustment (not a workforce-specific charge). Employee headcount added through the acquisition not disclosed. | ||||
| 2011-08-31 | divestiture_reduction | completed | United States | Americas Fabrication - joist and deck business (discontinued operations) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Exit plan approved in Q2 fiscal 2010; sale of the majority of joist assets completed during fiscal 2011 with a $1.9 million gain. Employee headcount associated with the divested business not disclosed. Remaining assets at year-end were real property for five locations. | |||||
| 2011-08-31 | plant_closure | in_progress | 2011-08-31 | United States (four locations) and international (one location) | Americas Fabrication — rebar fabrication; plus one international rebar fabrication location | USD 5 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | During Q4 2011 the Company decided to close five rebar fabrication locations (four domestic, one international). FY2011 pre-tax charges for the combined rebar/CRP/Germany program: $106.655M PP&E impairment, $12.14M customer-list intangible impairment, $8.5M inventory write-down, $5.051M severance, $2.196M lease termination, $7.7M other closure costs. Employees affected not disclosed. | |||
| 2011-08-31 | plant_closure | in_progress | 2011-08-31 | United States | Americas Fabrication — construction services (CRP) locations | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Charges are presented combined with the rebar closures in Note 7 and are not separately quantified. Employees affected not disclosed. | ||||
| 2011-08-31 | plant_closure | in_progress | 2011-08-31 | Germany | International Mills — fabrication operation | USD 1 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approximately $1 million of fixed-asset impairment charges recorded in Q4 2011. Employees affected not disclosed. | |||
| 2011-08-31 | plant_closure | announced | 1,130 | 2011-10-07 | Croatia | International Mills — CMC Sisak (CMCS) steel pipe mill | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Post-year-end announcement (Oct 7, 2011). Filer expects severance and other closure costs of $25M-$40M in fiscal 2012 and wind-down of operations in early fiscal 2012. Headcount reduction of approximately 1,130 stated in Item 1 Employees section. Q4 FY2011 recorded approximately $110.6M of restructuring/impairment charges at CMCS. | |||
| 2011-08-31 | restructuring | announced | 350 | 2011-08-31 | Global | Company-wide | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Majority of reductions expected to occur in fiscal 2012. Consolidated FY2011 severance costs were $8.2M (Note 2). Employees affected count is approximate per filer. | |||
| 2011-08-31 | restructuring | completed | 1,130 | 2011-10-07 | Croatia | International Mills | Item 1. Business - Employees f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Reduction in workforce in connection with the closure of CMCS (CMC Sisak d.o.o.). | |||
| 2011-08-31 | restructuring | completed | 350 | Global | Global | Item 1. Business - Employees f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Announced reductions in global workforce; majority to occur in fiscal 2012. | ||||
| 2011-08-31 | plant_closure | completed | 2011-10-07 | 2012-02-28 | Croatia | International Mills | USD 119 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Closure of CMC Sisak mill (CMCS). Includes asset impairment charges of $118.8 million, severance costs of $5.1 million, inventory charges of $8.5 million, lease termination costs of $2.2 million and other closure costs of $7.7 million. | ||
| 2011-08-31 | plant_closure | completed | 2011-11-30 | United States | Americas Fabrication | Item 1. Business - Americas Fabrication Segment f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Closure of four rebar fabrication facilities. | ||||
| 2011-08-31 | plant_closure | completed | 2011-11-30 | United States | Americas Fabrication | Item 1. Business - Americas Fabrication Segment f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Closure of eight construction services locations. | ||||
| 2011-08-31 | plant_closure | completed | 2011-11-30 | Germany | International Mills | USD 1 (millions) | Item 1. Business - International Mills Segment f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Closure of fabrication operation in Germany. Incurred approximately $1 million in impairment charges. | |||
| 2011-08-31 | restructuring | announced | 1,130 | 2011-10-07 | Croatia | International Mills (CMCS) | Item 1. Business - Employees f5-10k / Qwen3.6-27B-Q8_0 | Reduction in workforce of approximately 1,130 in connection with the closure of CMCS. Majority of reductions to occur in fiscal 2012. | |||
| 2011-08-31 | restructuring | announced | 350 | 2011-08-31 | Global | Global | Item 1. Business - Employees f5-10k / Qwen3.6-27B-Q8_0 | Announced reductions in global workforce resulting in reduction of approximately 350. Majority of reductions to occur in fiscal 2012. | |||
| 2011-08-31 | plant_closure | completed | 2011-11-30 | United States | Americas Fabrication | USD 5 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Closure of four rebar fabrication facilities and eight construction services locations in Q4 2011. Severance costs of $5.1 million incurred. | |||
| 2011-08-31 | plant_closure | completed | 2011-11-30 | Germany | International Mills | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Closure of fabrication operation in Germany due to challenging market conditions. Incurred approximately $1 million in impairment charges. | ||||
| 2011-05-31 | layoff | in_progress | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Severance costs for involuntary employee terminations tied to operating expense management and headcount reductions; no employee count disclosed. | ||||||
| 2011-05-31 | layoff | in_progress | USD 3 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Nine-month severance costs for involuntary terminations under operating expense management and headcount reduction initiatives. | ||||||
| 2011-05-31 | divestiture_reduction | completed | 2010-02-26 | Americas Fabrication — joist and deck business | other f5-10q / GLM-5.3-flash-fp4-HTML | Exit of joist and deck business; majority of joist assets sold in Q1 FY2011 with a $1.9 million gain; all locations sold or ceased operations by Q2 FY2011. Headcount not disclosed. | |||||
| 2011-05-31 | acquisition_addition | announced | 2011-06-03 | Australia (Victoria) | Steel long products distribution and processing | USD 48 (millions) | subsequent_events f5-10q / GLM-5.3-flash-fp4-HTML | Acquisition of G.A.M. Steel Pty. Ltd. completed June 3, 2011 for approximately $48 million; no headcount disclosed. | |||
| 2011-05-31 | reduction_in_force | in_progress | Not specified | Company-wide | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance costs of $2.6M recorded for the nine months ended May 31, 2011 (including $1.3M in the third quarter) from involuntary terminations tied to operating expense management and headcount reductions; no employee counts disclosed. | ||||
| 2011-05-31 | acquisition_addition | announced | 2011-06-03 | 2011-06-03 | Australia (Melbourne, Victoria) | International Marketing and Distribution | USD 48 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Completed purchase of G.A.M. Steel Pty. Ltd. for approximately $48 million, subject to final purchase price adjustment; no headcount added disclosed. | ||
| 2011-05-31 | restructuring | completed | United States | Americas Fabrication | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance costs related to involuntary employee terminations as part of operating expense management and headcount reductions. | ||||
| 2011-05-31 | restructuring | completed | United States | Americas Fabrication | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD severance costs related to involuntary employee terminations as part of operating expense management and headcount reductions. | ||||
| 2011-02-28 | reduction_in_force | in_progress | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Severance costs of $0.9 million for the quarter relate to involuntary employee terminations initiated as part of the Company's focus on operating expense management and reductions in headcount; no employee count disclosed. | ||||||
| 2011-02-28 | reduction_in_force | in_progress | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Six-month severance costs of $1.3 million relate to involuntary terminations tied to operating expense management and headcount reductions; no employee count disclosed. | ||||||
| 2011-02-28 | divestiture_reduction | completed | 2010-02-26 | Americas Fabrication — joist and deck business | USD 45 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Exit of joist and deck business approved February 2010; majority of joist assets sold in Q1 fiscal 2011 with a $1.9 million gain. Prior-year closure costs of $45.4 million included impairments, severance and inventory charges; headcount not disclosed. | ||||
| 2011-02-28 | restructuring | in_progress | not specified | not specified | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended 2011-02-28 severance cost of $1.3M ($0.9M in the quarter) for involuntary terminations tied to operating expense management and headcount reductions; no employee counts or completion timing disclosed. | ||||
| 2011-02-28 | divestiture_reduction | completed | 2010-02-26 | United States | Americas Fabrication — joist and deck business | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of majority of joist assets completed in Q1 2011 (gain of $1.9M); exit decision approved 2010-02-26. No headcount associated with the divestiture disclosed in this filing. | ||||
| 2011-02-28 | restructuring | in_progress | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance costs recorded for involuntary employee terminations related to operating expense management and headcount reductions. | ||||||
| 2011-02-28 | restructuring | in_progress | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Year-to-date severance costs recorded for involuntary employee terminations related to operating expense management and headcount reductions. | ||||||
| 2010-08-31 | reduction_in_force | completed | 1,500 | Global (approximately 1,400 of the reductions affected U.S. employees) | USD 10 (millions) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Count disclosed as approximately 1,500, implemented during fiscal 2010 amid cost containment. Continuing-operations severance of $9.8 million; Note 1 reports total consolidated FY2010 severance of $21.5 million, which combined with the $11.7 million joist-and-deck exit severance reconciles to continuing plus discontinued operations. Remaining termination-benefit liability was $3.1 million at August 31, 2010. | ||||
| 2010-08-31 | divestiture_reduction | completed | 2010-02-26 | United States | Americas Fabrication (joist and deck business; presented as discontinued operations) | USD 12 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Board approved plan on February 26, 2010 to exit joist and deck business via sale of facilities. Charges also included $26.8 million PP&E impairment, $2.8 million intangible write-off, $1.7 million goodwill write-off and $7.4 million inventory adjustments. Majority of deck assets sold August 4, 2010; majority of joist assets sold September 27, 2010, after fiscal year-end. No affected-employee headcount disclosed. | |||
| 2010-08-31 | reduction_in_force | completed | 1,500 | Global (approximately 1,400 in the United States) | All segments | USD 10 (millions) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Filer describes global reductions in force of approximately 1,500 employees during the past year, about 1,400 of them in the U.S. Charge shown is the $9.8M of severance recorded within continuing operations for FY2010; consolidated severance across continuing and discontinued operations was $21.5M (Note 1). No announcement date or completion date given. | |||
| 2010-08-31 | divestiture_reduction | in_progress | 2010-02-26 | 2010-09-27 | United States | Americas Fabrication — joist and deck business (presented as discontinued operations) | USD 12 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Board approved exit from the joist and deck business on 2010-02-26 via sale of facilities; $11.7M severance recorded in FY2010 alongside $31.3M of fixed asset and intangible impairments and $7.4M of inventory charges. Deck assets sold 2010-08-04; majority of joist assets sold 2010-09-27 (subsequent event). Employees affected not disclosed. Severance may overlap with the consolidated RIF record above. | ||
| 2010-08-31 | reduction_in_force | completed | 1,500 | Global | All segments | USD 10 (millions) | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | During the past year, the Company implemented global reductions in force of approximately 1,500 employees, with approximately 1,400 affecting U.S. employees. Consolidated severance costs of $9.8 million recorded in continuing operations (Note 1). | |||
| 2010-08-31 | restructuring | completed | 2010-02-26 | 2010-09-27 | United States | Americas Fabrication (Joist and Deck) | USD 12 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Board approved plan to exit joist and deck business on Feb 26, 2010. Incurred $11.7 million in severance charges. Assets sold in Aug/Sep 2010. Classified as discontinued operation. | ||
| 2010-08-31 | reduction_in_force | completed | 1,500 | Global | All segments | USD 10 (millions) | Item 1_Business f5-10k / Qwen3.6-27B-Q8_0 | Global reductions in force of approximately 1,500 employees during the past year, with approximately 1,400 affecting employees in the U.S. Consolidated severance costs of $9.8 million recorded in continuing operations. | |||
| 2010-08-31 | restructuring | completed | 2010-02-26 | 2010-09-27 | United States | Americas Fabrication (Joist and Deck) | USD 12 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Exit from joist and deck business. Incurred $11.7 million of severance charges. Assets sold in August and September 2010. | ||
| 2010-05-31 | restructuring | in_progress | 2010-02-26 | United States | Americas Fabrication (joist and deck business) | USD 10 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Board approved plan to exit joist and deck business through sale of facilities; total severance expected to be $9.9 million, including $6.7 million recorded in Q2 FY2010 and $1.7 million in Q3 FY2010. No employee headcount affected was disclosed. | |||
| 2010-05-31 | reduction_in_force | completed | Company-wide | USD 2 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Severance costs of $1.9 million recorded in Q3 FY2010 for involuntary terminations tied to operating expense management and headcount reductions to match current production levels; no employee count disclosed. Remaining termination-benefit liability of $5.2 million at May 31, 2010. | |||||
| 2010-05-31 | reduction_in_force | completed | Company-wide | USD 19 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Nine months ended May 31, 2010 severance costs of $18.5 million for involuntary terminations from operating expense management, headcount reductions, and the joist and deck exit; no employee count disclosed. | |||||
| 2010-05-31 | restructuring | in_progress | United States | Multiple segments — operating expense management and headcount reductions | USD 19 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance costs of $18.5M recorded for nine months ended May 31, 2010 ($1.9M in Q3) from involuntary terminations tied to expense management and production-level headcount reductions. Remaining termination-benefit liability was $5.2M at May 31, 2010. Employee counts not disclosed. | ||||
| 2010-05-31 | plant_closure | in_progress | 2010-02-26 | United States | Americas Fabrication — joist and deck business | USD 10 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Board approved exit of joist and deck business on 2010-02-26 via facility sale. Total severance expected $9.9M ($6.7M in Q2, $1.7M in Q3). Also included $26.8M PP&E impairment, $4.5M intangible write-off, $7.4M inventory adjustment. Employee counts not disclosed. | |||
| 2010-05-31 | restructuring | in_progress | 2010-02-26 | Americas | Americas Fabrication | USD 19 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes severance costs associated with exiting the joist and deck business and general operating expense management. Total severance for joist/deck exit expected to be $9.9 million. | |||
| 2010-05-31 | restructuring | in_progress | 2010-02-26 | Americas | Americas Fabrication | USD 2 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance costs recorded in Q3 2010 related to the joist and deck business exit. | |||
| 2010-02-28 | plant_closure | in_progress | 2010-02-26 | United States | Americas Fabrication — joist and deck business | USD 27 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Board approved plan to exit joist and deck business via sale of facilities; includes $26.8M PP&E impairment, $4.5M intangible write-off, $7.4M inventory adjustments and $6.7M severance in Q2 2010; total severance expected $11.9M; after-tax closing costs and operating losses of $38.1M per MD&A | |||
| 2010-02-28 | reduction_in_force | in_progress | Company-wide | USD 14 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Involuntary terminations tied to operating expense management and headcount reductions to match current production levels; remaining termination-benefit liability of $11.2M at quarter-end | |||||
| 2010-02-28 | reduction_in_force | in_progress | Company-wide | USD 17 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Six-month severance costs; includes joist and deck exit severance; prior-year six-month severance was $6.5M | |||||
| 2010-02-28 | restructuring | in_progress | United States | Multiple segments | USD 14 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance for involuntary terminations tied to operating expense management and headcount reductions to match production levels; $16.6M recorded YTD. Remaining termination-benefit liability of $11.2M at quarter-end. No employee count disclosed. | ||||
| 2010-02-28 | plant_closure | in_progress | 2010-02-26 | United States | Americas Fabrication — joist and deck business | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Board approved exit of joist and deck business on 2010-02-26; facilities to be sold. Q2 severance of $6.7M; total severance expected $11.9M. Also includes $26.8M PP&E impairment, $4.5M intangible write-off, $7.4M inventory valuation adjustment. No employee count disclosed. | |||
| 2010-02-28 | restructuring | in_progress | 2010-02-26 | Americas | Americas Fabrication | USD 17 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes severance associated with exiting joist and deck business and general headcount reductions. | |||
| 2010-02-28 | plant_closure | in_progress | 2010-02-26 | Americas | Americas Fabrication | USD 7 (millions) | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Exit of joist and deck business; total severance expected to be $11.9 million. | |||
| 2009-11-30 | restructuring | in_progress | United States | Consolidated | USD 2 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | MD&A cites severance costs of $2.2M among charges recorded in response to price declines, demand destruction, and the global liquidity and credit crisis; no employee count or completion date disclosed. | ||||
| 2009-11-30 | other | in_progress | United States | Consolidated | USD 7 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Other charges for contractual noncompliance and job loss reserves of $7.4M; job-loss reserve component implies workforce reductions but no headcount is disclosed. | ||||
| 2009-11-30 | restructuring | completed | Global | Corporate and Operations | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Cost containment initiatives included reductions in workforce, bonus accruals, and consulting fees. | |||||
| 2009-08-31 | reduction_in_force | completed | 2,600 | Global | Company-wide | USD 13 (millions) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Filer implemented global reductions in force of approximately 2,600 employees during fiscal 2009, with approximately 2,100 of those reductions affecting U.S. employees; $12.5 million severance charge recorded in fiscal 2009 per Note 1, with $2.0 million termination-benefit liability remaining at year-end. | |||
| 2009-08-31 | divestiture_reduction | completed | 2007-08-30 | International | International Fabrication and Distribution — nonferrous metals trading division | USD 3 (millions) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Board approved a plan in August 2007 to offer for sale a nonferrous metals trading division; wind-down was finished during fiscal 2009, with all inventory sold or absorbed by other divisions and a $2.6 million reserve established for office lease termination. Affected headcount not disclosed. | |||
| 2009-08-31 | restructuring | completed | 2,600 | 2009-08-31 | Global (approximately 2,100 in the United States) | Company-wide; global reductions in force | USD 13 (millions) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Filer reports global reductions in force of approximately 2,600 employees during fiscal 2009, of which approximately 2,100 affected U.S. employees. Severance cost of $12.5 million recorded in fiscal 2009 with $2.0 million remaining liability at year end. Consolidated into one record to avoid double counting the U.S. sub-component. | ||
| 2009-08-31 | reduction_in_force | completed | 2,600 | Global | All Segments | USD 13 (millions) | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Global reductions in force of approximately 2,600 employees during the past year, with approximately 2,100 affecting employees in the U.S. Severance costs of $12.5 million incurred. | |||
| 2009-08-31 | reduction_in_force | completed | 2,600 | Global | All segments | USD 13 (millions) | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Global reductions in force of approximately 2,600 employees during the past year, with approximately 2,100 affecting employees in the U.S. Severance costs of $12.5 million incurred in 2009. | |||
| 2009-05-31 | reduction_in_force | in_progress | USD 3 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Severance costs for involuntary terminations tied to operating expense management and headcount reductions to match current production levels; included in SG&A. Employee count not disclosed. | ||||||
| 2009-05-31 | reduction_in_force | in_progress | USD 9 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Nine-month severance costs for involuntary terminations initiated as part of operating expense management and headcount reductions to meet current production levels; included in SG&A. Employee count not disclosed. | ||||||
| 2009-05-31 | restructuring | in_progress | Not specified | Company-wide (headcount reductions to meet current production levels) | USD 3 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance costs for involuntary terminations in Q3 FY2009; $9.3M for nine months YTD. Remaining termination-benefit liability was $1.4M at 2009-05-31. No employee counts disclosed. | ||||
| 2009-05-31 | divestiture_reduction | in_progress | 2007-08-30 | United States | International Fabrication and Distribution — nonferrous metals distribution division (discontinued operations) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Board-approved plan to sell division; operations curtailing with product lines to be sold, absorbed or liquidated during FY2009. No headcount disclosed. | ||||
| 2009-05-31 | restructuring | in_progress | Global | Corporate / General | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Involuntary employee terminations initiated as part of operating expense management and reductions in headcount to meet current production levels. Employee count not disclosed. | ||||
| 2009-05-31 | restructuring | in_progress | Global | Corporate / General | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD involuntary employee terminations initiated as part of operating expense management and reductions in headcount to meet current production levels. Employee count not disclosed. | ||||
| 2009-05-31 | plant_closure | in_progress | 2007-08-30 | International | International Fabrication and Distribution | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reserve for termination of office lease related to division classified as discontinued operation. Employee count not disclosed. | |||
| 2009-02-28 | reduction_in_force | completed | USD 7 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Second-quarter severance costs for involuntary terminations tied to operating expense management and headcount reductions to match current production levels; recorded in SG&A. Employee count not disclosed. Remaining termination-benefit liability of $6.5 million at February 28, 2009. | ||||||
| 2009-02-28 | divestiture_reduction | in_progress | 2007-08-30 | International Fabrication and Distribution (nonferrous metals division) | USD 4 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Board-approved plan (August 30, 2007) to sell a nonferrous metals division; operations curtailed with most product lines to be sold, absorbed, or liquidated during fiscal 2009. Prior-year severance accrual of $4.1 million related to this division; employee count not disclosed. | ||||
| 2009-02-28 | restructuring | in_progress | Not specified | Consolidated — headcount reductions to match production levels | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance costs incurred in Q2 FY2009 for involuntary terminations tied to expense management and headcount reductions; number of employees affected not disclosed. Remaining termination-benefit liability of $6.5M at 2009-02-28 (vs. $4.1M at 2008-08-31, which related to a discontinued-operations division). | ||||
| 2009-02-28 | restructuring | in_progress | 2009-02-28 | Global | Corporate / General | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Involuntary employee terminations initiated as part of operating expense management and reductions in headcount to meet current production levels. | |||
| 2008-08-31 | divestiture_reduction | in_progress | 2007-08-30 | 2009 | International | International Fabrication and Distribution — nonferrous metals (copper, aluminum, stainless steel semis) import distribution division | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Board-approved plan to sell the nonferrous metals distribution division; sale not completed as of August 31, 2008, and division presented as discontinued operations. Majority of product lines expected to be sold and remainder absorbed by other divisions in fiscal 2009. No employee count or impairment charge disclosed for the action (impairment test passed at fiscal year-end). | |||
| 2008-08-31 | acquisition_addition | completed | United States, Poland, Croatia, Singapore | Americas Fabrication and Distribution; International Mills; International Fabrication and Distribution | USD 232 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Seven businesses acquired during fiscal 2008 for total purchase price of $231.5 million; acquired headcount not disclosed. | ||||
| 2008-08-31 | divestiture_reduction | in_progress | 2007-08-30 | 2009-08-31 | International | International Fabrication and Distribution — nonferrous metals distribution division | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Board-approved sale plan announced 2007-08-30; sale not completed by fiscal year-end, with majority of product lines expected sold in 2009. Division headcount not disclosed. | |||
| 2008-08-31 | acquisition_addition | completed | 2007-09-19 | 2007-09-19 | Croatia | International Mills | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired all outstanding shares of Valjaonica Cijevi Sisak, renamed CMC Sisak d.o.o.; electric arc furnace pipe producer with about 336,000 short tons annual capacity. Headcount added not disclosed. | |||
| 2008-08-31 | acquisition_addition | completed | 2007-09-19 | 2007-09-19 | United States (Las Vegas, Nevada) | Americas Fabrication and Distribution | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Operating assets of Economy Steel, Inc. acquired to support a future Arizona mill; headcount added not disclosed. | |||
| 2008-08-31 | acquisition_addition | completed | 2007-12-31 | 2008-04-16 | Singapore | International Fabrication and Distribution | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 70% interest in CMC Albedo Metals acquired 2007-12-31, remaining 30% acquired 2008-04-16; renamed CMC Recycling Singapore. Headcount added not disclosed. | |||
| 2008-08-31 | acquisition_addition | completed | 2008-04-29 | 2008-04-29 | United States (Fort Worth, Texas) | Americas Fabrication and Distribution | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Operating assets of Rebar Services and Supply Company acquired; headcount added not disclosed. | |||
| 2008-08-31 | acquisition_addition | completed | 2008-06-05 | 2008-06-05 | Poland | International Mills | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | CMC Poland acquired substantially all shares of PHP NIKE S.A., welded mesh and wire producer with about 100,000 short tons capacity; headcount added not disclosed. | |||
| 2008-08-31 | acquisition_addition | completed | 2008-07-01 | 2008-07-01 | United States (Southwest, Midwest and Southeast) | Americas Fabrication and Distribution | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Operating assets of ABC Coating Companies acquired (rebar fabrication, about 150,000 short tons capacity); headcount added not disclosed. | |||
| 2008-08-31 | acquisition_addition | completed | 2008-08-29 | 2008-08-29 | United States | Americas Fabrication and Distribution | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Operating assets of Reinforcing Post-Tensioning Services, Inc. acquired (about 150,000 tons capacity); headcount added not disclosed. Aggregate FY2008 purchase price across all seven acquisitions was $231.5 million. | |||
| 2007-08-31 | acquisition_addition | completed | 2007-04-17 | 2007-04-17 | New Jersey, Illinois, South Carolina and Pennsylvania, United States | Domestic fabrication — joist and deck manufacturing (CMC Joist & Deck) | USD 146 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition of substantially all operating assets of Nicholas J. Bouras, Inc. and affiliates (United Steel Deck, The New Columbia Joist Company, ABA Trucking) completed April 17, 2007; establishes CMC as a steel deck manufacturer. Headcount acquired not disclosed. Value shown is the approximate purchase price including inventory, part of the $165.0 million total for four fiscal 2007 acquisitions. | ||
| 2007-08-31 | acquisition_addition | completed | 2007-01-04 | 2007-01-04 | Rosslau/Saxony-Anhalt, Germany | CMCZ segment — steel/rebar fabrication | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition of operating assets and inventory of Bruhler Stahlhandel GmbH steel fabrication business, completed via Commercial Metals Deutschland GmbH. Headcount acquired not disclosed; purchase price not separately disclosed. | |||
| 2007-08-31 | acquisition_addition | completed | 2007-08-15 | 2007-08-15 | Salt Lake City, Utah and Boise, Idaho, United States | Construction-related products — concrete equipment, forms and accessories | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition of substantially all operating assets of Conesco, Inc., a supplier of concrete equipment, forms and accessories. Headcount acquired not disclosed; purchase price not separately disclosed. | |||
| 2007-08-31 | acquisition_addition | completed | 2007-08-24 | 2007-08-24 | Alexander City, Alabama, United States | Scrap recycling | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition of substantially all operating assets of Mayfield Salvage, Inc., a scrap recycling business. Headcount acquired not disclosed; purchase price not separately disclosed. | |||
| 2007-08-31 | divestiture_reduction | announced | 2007-08-30 | 2008 | Marketing and distribution — nonferrous metals import/distribution division (copper, aluminum, stainless steel semifinished products) | discontinued_operations_footnote f5-10k / GLM-5.3-flash-HTML | Board approved a plan to offer to sell the nonferrous metals division; sale anticipated in fiscal 2008. Division classified as discontinued operations (FY2007 revenue $422.1 million; pre-tax loss $4.8 million). Impairment test at August 31, 2007 found fair value exceeded carrying value, so no charge was warranted. Division headcount not disclosed. | ||||
| 2007-08-31 | acquisition_addition | announced | 2007-07 | 2007-09-19 | Sisak, Croatia | Steel pipe manufacturing — electric arc furnace steel pipe mill (CMC Sisak d.o.o., formerly VCS) | subsequent_events f5-10k / GLM-5.3-flash-HTML | Definitive purchase agreement with the Croatian government signed July 2007; acquisition of Valjaonica Cijevi Sisak completed September 19, 2007, after fiscal year-end. CMC committed to retaining CMC Sisak employees for three years. Terms include approximately $7 million for shares, approximately $41 million assumed debt, not less than $38 million of capital expenditures over five years and a roughly $39 million working capital increase. Annual pipe capacity approximately 336,000 short tons. Headcount not disclosed. | |||
| 2007-08-31 | acquisition_addition | announced | 2007-09-19 | 2007-09-19 | Las Vegas, Nevada, United States | Rebar fabrication, placing, construction-related products and steel service center (CMC Economy Steel) | subsequent_events f5-10k / GLM-5.3-flash-HTML | Acquisition of operating assets of Economy Steel, Inc., completed September 19, 2007, after fiscal year-end; supports the planned Arizona micro mill. Combined purchase price with CMC Sisak approximately $67 million ($25 million cash and $42 million in notes payable and liabilities). Headcount not disclosed. | |||
| 2007-08-31 | acquisition_addition | completed | 2007-04-17 | 2007-08-31 | United States; Germany | Domestic fabrication; recycling; marketing and distribution | USD 165 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired businesses: Bouras/United Steel Deck/New Columbia Joist/ABA Trucking (Apr 17, 2007), Bruhler Stahlhandel GmbH (Jan 4, 2007), Conesco (Aug 15, 2007), Mayfield Salvage (Aug 24, 2007). Headcount added not disclosed. | ||
| 2007-08-31 | divestiture_reduction | announced | 2007-08-30 | 2008-08-31 | International | Marketing and distribution — nonferrous metals division (copper, aluminum, stainless semifinished products) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Board approved plan to sell the division on August 30, 2007; presented as discontinued operations with 2007 revenue of $422.1 million. No impairment charge; headcount not disclosed. | |||
| 2007-08-31 | acquisition_addition | completed | 2007-09-19 | 2007-09-19 | Croatia | Steel pipe manufacturing (CMC Sisak d.o.o.) | USD 67 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Combined purchase price of approximately $67 million for CMC Sisak and Economy Steel. Company committed to retain CMC Sisak employees for three years and invest not less than $38 million in capex plus about $39 million working capital. Headcount not disclosed. | ||
| 2007-08-31 | acquisition_addition | completed | 2007-09-19 | 2007-09-19 | United States (Las Vegas, Nevada) | Domestic fabrication — rebar fabricator, placer, construction products supplier, steel service center (CMC Economy Steel) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired operating assets of Economy Steel, Inc. after fiscal year-end; supports future Arizona micro mill. Headcount not disclosed. | |||
| 2006-08-31 | acquisition_addition | completed | 2005-11-14 | Norfolk, Virginia, United States | Domestic fabrication - reinforcing steel fabrication | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Operating assets of Hall-Hodges Company acquired; headcount added not disclosed. | ||||
| 2006-08-31 | acquisition_addition | completed | 2006-03-01 | Tucson and Phoenix, Arizona, United States | Domestic fabrication - concrete framework and tilt-up products | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Operating assets of Brost Forming Supply, Inc. acquired; headcount added not disclosed. | ||||
| 2006-08-31 | acquisition_addition | completed | 2006-03-06 | Adelaide, Australia | Marketing and distribution - plate and long products processing | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | 100% of shares of Southmet Pty Ltd acquired; headcount added not disclosed. | ||||
| 2006-08-31 | acquisition_addition | completed | 2006-06-07 | Texas, Oklahoma, Arkansas, United States | Recycling - scrap metal and plastic scrap processing (six locations) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Yonack Iron & Metal Co. added six scrap processing locations; headcount added not disclosed. | ||||
| 2006-08-31 | acquisition_addition | completed | 2006-07-17 | Tulsa, Oklahoma and Little Rock, Arkansas, United States | Domestic fabrication - highway and commercial construction-related products supply | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Operating assets of Cherokee Supply acquired; headcount added not disclosed. | ||||
| 2006-08-31 | acquisition_addition | completed | 2006-08-08 | Riverside, California, United States | Domestic fabrication - forming and shoring equipment rental | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Operating assets of Concrete Formtek Services, Inc. acquired; headcount added not disclosed. | ||||
| 2006-08-31 | acquisition_addition | completed | 2005-11-14 | 2005-11-14 | United States (Norfolk, Virginia) | Domestic fabrication | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Operating assets of reinforcing steel fabricator acquired; headcount added not disclosed. Part of a $46.0 million aggregate FY2006 acquisition purchase price. | |||
| 2006-08-31 | acquisition_addition | completed | 2006-03-01 | 2006-03-01 | United States (Tucson and Phoenix, Arizona) | Domestic fabrication | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Concrete framework and related products supplier acquired; headcount added not disclosed. | |||
| 2006-08-31 | acquisition_addition | completed | 2006-03-06 | 2006-03-06 | Australia (Adelaide) | Marketing and distribution | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 100% share purchase of plate and long products processor; headcount added not disclosed. | |||
| 2006-08-31 | acquisition_addition | completed | 2006-06-07 | 2006-06-07 | United States (Texas, Oklahoma, Arkansas) | Recycling | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Operating assets acquired, adding six scrap/metal processing locations to the recycling network; headcount added not disclosed. | |||
| 2006-08-31 | acquisition_addition | completed | 2006-07-17 | 2006-07-17 | United States (Tulsa, Oklahoma and Little Rock, Arkansas) | Domestic fabrication | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Construction-related products supply business acquired; headcount added not disclosed. | |||
| 2006-08-31 | acquisition_addition | completed | 2006-08-08 | 2006-08-08 | United States (Riverside, California) | Domestic fabrication | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Forming and shoring equipment rental business acquired; headcount added not disclosed. | |||
| 2005-11-30 | acquisition_addition | completed | 2005-11-14 | United States — Norfolk, Virginia | Domestic fabrication (reinforcing steel fabricator) | USD 5 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of substantially all operating assets of Hall-Hodges Company for $5.1 million cash plus a $300 thousand note; purchase price allocation disclosed but no employee headcount transferred is stated. | |||
| 2005-08-31 | acquisition_addition | completed | 2005-08-16 | 2005-08-16 | Juarez, Mexico | Domestic fabrication — joist manufacturing | USD 9 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired operating assets of a joist manufacturing facility from a Canam Group subsidiary for $9.4 million cash; expands joist operations in southwestern US and northern Mexico. Employee headcount added not disclosed. | ||
| 2005-08-31 | acquisition_addition | completed | 2004-11-04 | 2004-11-04 | Rialto, California, United States | Domestic fabrication — rebar fabricating | USD 5 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired operating assets of J.L. Davidson Company rebar fabricating facility; total consideration $5.2 million ($2.9 million cash plus $2.3 million notes payable). Employee headcount added not disclosed. | ||
| 2005-08-31 | divestiture_reduction | completed | Victoria, Texas, United States | Domestic fabrication — railroad salvage and dismantling | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Sold a facility that repairs and rebuilds railroad freight cars during fiscal 2005; sale proceeds and headcount removed not disclosed. | |||||
| 2005-08-31 | divestiture_reduction | completed | Australia | Marketing and distribution — steel heat treating | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Heat treating facility at Australian operations was sold after the fiscal 2005 year-end but prior to filing; headcount removed not disclosed. | |||||
| 2005-08-31 | acquisition_addition | completed | 2004-11-04 | 2004-11-04 | United States (Rialto, California) | Domestic fabrication | USD 5 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired substantially all operating assets of J.L. Davidson Company's rebar fabricating facility; $2.9M cash plus $2.3M notes payable. Headcount added not disclosed. | ||
| 2005-08-31 | acquisition_addition | completed | 2005-08-16 | 2005-08-16 | Mexico (Juarez) | Domestic fabrication (joist manufacturing) | USD 9 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchased substantially all operating assets and inventory of a joist manufacturing plant from a Canam Group subsidiary. Headcount added not disclosed. | ||
| 2005-08-31 | divestiture_reduction | completed | United States (Victoria, Texas) | Domestic fabrication (railroad freight car repair and rebuild facility) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Filer states a railroad freight car repair/rebuild facility was sold during fiscal 2005; no date, headcount, or proceeds disclosed. | |||||
| 2005-08-31 | divestiture_reduction | completed | Australia | Marketing and distribution (steel heat treating facility) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Subsequent-event divestiture: owned and operated a steel heat treating facility at year end, sold after August 31, 2005. No date or headcount disclosed. | |||||
| 2004-08-31 | acquisition_addition | completed | 2,142 | 2003-12-03 | 2003-12-03 | Poland | CMCZ (steel minimill) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Company acquired 71.1% of Huta Zawiercie S.A. (CMCZ) on December 3, 2003; entire CMCZ segment workforce came with the acquisition. The 2,142 figure is the segment headcount as of September 2004 per the Employees disclosure, not an at-acquisition transfer count. | ||
| 2004-08-31 | acquisition_addition | completed | 2003-12-23 | 2003-12-23 | United States (TX, AR, LA, OK, NM, MS) | Domestic fabrication (rebar fabrication and construction-related product sales, 11 locations) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired 100% of Lofland Acquisition, Inc. on December 23, 2003 for $48.8 million cash; filing does not disclose the number of employees added. Lofland contributed $78.3 million of net sales in fiscal 2004 post-acquisition. | |||
| 2004-08-31 | acquisition_addition | completed | 2003-07 | 2003-12-03 | Poland | CMCZ segment | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Headcount added through the acquisition not quantified; CMCZ segment employed approximately 2,142 as of September 2004 (not an acquisition-date figure) | |||
| 2004-08-31 | acquisition_addition | completed | 2003-12-23 | 2003-12-23 | United States (TX, AR, LA, OK, NM, MS) | Domestic fabrication segment | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Headcount added through the acquisition not quantified; Lofland operates 11 fabrication and product sales locations | |||
| 2004-08-31 | acquisition_addition | completed | 2003-12-03 | 2003-12-03 | Poland | CMCZ | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquired 71.1% of Huta Zawiercie, S.A. (CMCZ). Headcount not explicitly disclosed in acquisition footnote, but CMCZ segment employed 2,142 people as of Sept 2004. | |||
| 2004-08-31 | acquisition_addition | completed | 2003-12-23 | 2003-12-23 | United States | Domestic Fabrication | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquired 100% of Lofland Acquisition, Inc. Headcount not explicitly disclosed in acquisition footnote. | |||
| 2004-02-29 | acquisition_addition | completed | 2003-12-03 | Poland | CMCZ (steel minimill) — reported as separate segment | USD 2 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Swiss subsidiary acquired 71.1% of Huta Zawiercie S.A. for PLN 200 million ($51.9M), assuming $45.7M debt; $1.7M of directly related costs incurred. No employee headcount for the acquired workforce is disclosed. | |||
| 2004-02-29 | acquisition_addition | completed | 2003-12-23 | United States (TX, AR, LA, OK, NM, MS) | Fabrication segment (rebar fabrication, 11 locations) | USD 1 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired 100% of Lofland Acquisition, Inc. for $48.8M cash ($9M in escrow) plus $1.1M external costs; 11 fabrication/sales locations added. No employee headcount for the acquired workforce is disclosed. | |||
| 2003-11-30 | acquisition_addition | completed | 2003-12-03 | 2003-12-03 | Poland | Manufacturing (steel minimill) | USD 2 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired 71.1% of Huta Zawiercie S.A. for PLN 200M ($51.9M); assumed $46.7M debt. Steel minimill with ~1M metric ton annual capacity. No employee headcount disclosed. | ||
| 2003-11-30 | acquisition_addition | completed | 2003-12-23 | 2003-12-23 | United States (TX, AR, LA, OK, NM, MS) | Manufacturing (rebar fabrication) | USD 1 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired Lofland Acquisition, Inc. for $48.8M cash; operates 11 rebar fabrication and construction product locations. No employee headcount disclosed. | ||
| 2003-08-31 | acquisition_addition | announced | 2003-07-22 | 2003-12-15 | Poland | Manufacturing / Marketing and distribution | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Agreement to acquire 71.1% of Huta Zawiercie S.A., a Polish steel minimill with roughly 1 million tons annual capacity, for about $50 million cash plus ~$32 million assumed debt; pending at filing, headcount impact not disclosed. | |||
| 2003-08-31 | acquisition_addition | completed | 2003-01 | 2003-01 | Fresno, California, United States | Manufacturing — steel group rebar fabrication | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired substantially all operating assets of E.L. Wills, Inc., a rebar fabrication company, for $4.2 million cash; headcount impact not disclosed. | |||
| 2003-08-31 | acquisition_addition | completed | 2003-05 | 2003-05 | Denver, Colorado, United States | Manufacturing — concrete form and construction-related products | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquired substantially all operating assets of the Denver, Colorado location of Symons Corporation for $5.6 million cash; headcount impact not disclosed. | |||
| 2003-08-31 | acquisition_addition | completed | 2003-08-31 | 2003-08-31 | Chandler, Arizona, United States | Manufacturing — steel group rebar fabrication | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Effective August 31, 2003, acquired substantially all operating assets of Dunn Del Re Steel, Inc. for $3.6 million cash plus a $625 thousand assumed note payable; headcount impact not disclosed. | |||
| 2003-02-28 | acquisition_addition | completed | United States (California, Texas, Florida) | Manufacturing — steel fabrication (rebar fabricators) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | During fiscal Q2 2003 the company acquired substantially all operating assets of E.L. Wills, Inc. (Fresno, CA), D&G Enterprises, Inc. (San Antonio, TX) and American Steel Fabricators (Ft. Myers, FL); aggregate purchase price described as not significant. No employee counts or exact dates disclosed. | |||||
| 2003-02-28 | other | in_progress | United States (Alabama, South Carolina) | Manufacturing — steel minimills (SMI Alabama, SMI South Carolina) | USD 1 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company accrued $773 thousand during the quarter for medical benefits under early retirement arrangements at two mills; number of participating employees not disclosed. | ||||
| 2003-02-28 | voluntary_separation | completed | United States | Manufacturing | USD 1 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Accrued $773 thousand for medical benefits provided under early retirement arrangements at SMI Alabama and SMI South Carolina during the three months ended February 28, 2003. | ||||
| 2002-08-31 | divestiture_reduction | completed | 2002-03 | Columbia, South Carolina, United States | Manufacturing — steel group, heavy structural steel fabrication (SMI-Owen Steel Company) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Company sold the operating assets of its largest heavy structural steel fabrication plant in March 2002; generated $19.7M cash proceeds and a $5.2M pre-tax ($3.4M after-tax) gain in fiscal 2002. No employee count disclosed for the divested operation. | ||||
| 2002-08-31 | plant_closure | completed | 2002 | Midland, Texas, United States | Recycling | USD 455 (thousands) | MD&A f5-10k / GLM-5.3-flash-HTML | Facility closed earlier in fiscal 2002; the associated amount is an equipment writedown, not severance. Headcount affected not disclosed. | |||
| 2002-08-31 | plant_closure | completed | 2002 | Farmville, Virginia, United States | Manufacturing — steel joist operations, castellated and cellular steel beams | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Portion of the Farmville location making castellated/cellular beams closed in 2002 amid weak markets; production consolidated to the Hope, Arkansas joist plant. No charge or headcount disclosed (associated_charge_label default null-applied as 'severance' not applicable). | ||||
| 2002-08-31 | acquisition_addition | completed | 2001-09 | Australia (Brisbane, Sydney, Melbourne, Adelaide, Perth) | Marketing and Distribution | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Acquired the remaining 78% of Coil Steels Group (completed September 2001, early fiscal 2002); added $69.0M net sales and $2.2M profit in fiscal 2002. Headcount added not disclosed (associated_charge_label field not applicable). | ||||
| 2002-08-31 | acquisition_addition | completed | 2002 | Harlingen, Texas, United States | Manufacturing — rebar fabrication (now operated as SMI-Valley Steel) | MD&A f5-10k / GLM-5.3-flash-HTML | Fourth-quarter fiscal 2002 purchase of real estate, equipment, inventory and work in process of Varmicon, Inc.; company now operates the rebar fabrication facility. Headcount not disclosed (associated_charge_label field not applicable). | ||||
| 2002-08-31 | acquisition_addition | completed | 2002 | Jackson, Mississippi, United States | Manufacturing — concrete-related products | MD&A f5-10k / GLM-5.3-flash-HTML | Fourth-quarter fiscal 2002 acquisition of operating assets of Dowel Assembly Manufacturing Company (DAMCO), a dowel basket manufacturer with an epoxy coating business. Headcount not disclosed (associated_charge_label field not applicable). | ||||
| 2002-08-31 | divestiture_reduction | completed | 2002-03 | United States (South Carolina) | Manufacturing — heavy structural steel fabrication (SMI-Owen) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Operating assets of the largest heavy structural steel fabrication plant sold in Columbia, SC during fiscal 2002; no employee count or severance disclosed. A $3.4 million after-tax gain on the sale was recognized. | ||||
| 2002-08-31 | plant_closure | completed | United States (Virginia) | Manufacturing — castellated and cellular steel beams | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Portion of the Farmville, VA location making castellated/cellular beams closed in 2002 due to poor market conditions; manufacturing consolidated at Hope, Arkansas. No headcount disclosed. | |||||
| 2002-08-31 | plant_closure | completed | United States (Texas) | Recycling segment | USD 0 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Midland, Texas recycling facility closed earlier in fiscal 2002, resulting in a $455 thousand equipment write-down; no employee count disclosed. | ||||
| 2002-08-31 | acquisition_addition | completed | 2001-09 | Australia | Marketing and distribution segment | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Remaining 78% interest in Coil Steels Group acquired September 2001 for $6.8 million net of cash; contributed $69.0 million net sales in fiscal 2002. No headcount disclosed. | ||||
| 2002-08-31 | acquisition_addition | completed | 2002-08 | United States (Texas) | Manufacturing — rebar fabrication | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Real estate, equipment, inventory and work in process of Varmicon, Inc. acquired in Harlingen, TX in fiscal Q4 2002; now operated as SMI-Valley Steel. No headcount disclosed. | ||||
| 2002-08-31 | acquisition_addition | completed | 2002-08 | United States (Mississippi) | Manufacturing — concrete-related products | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Dowel Assembly Manufacturing Company (DAMCO) acquired in fiscal Q4 2002 to expand concrete-related products. No headcount disclosed. | ||||
| 2002-08-31 | plant_closure | completed | Midland, Texas, United States | Recycling | USD 0 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Facility closed during fiscal 2002 with a $455 thousand equipment write-down; no employee count or closure date disclosed. Charge is an asset write-down, not severance. | ||||
| 2002-08-31 | divestiture_reduction | completed | United States | Manufacturing — heavy structural steel fabrication (SMI-Owen) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Assets of SMI-Owen Steel Company sold during fiscal 2002 for $19.7 million proceeds with a $3.4 million after-tax gain; no headcount transferred or eliminated disclosed. | |||||
| 2002-08-31 | acquisition_addition | completed | 2001-09-01 | Australia | Marketing and Distribution | USD 7 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Coil Steels Group service center acquired September 2001 (remaining 78% interest for $6.8 million net of cash), contributing $69.0 million net sales in fiscal 2002; no employee count disclosed. Charge value is purchase consideration, not a workforce charge. | |||
| 2002-08-31 | acquisition_addition | completed | Harlingen, Texas, United States | Manufacturing — rebar fabrication (SMI-Valley Steel) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Real estate, equipment, inventory and work in process of Varmicon, Inc. acquired in fiscal Q4 2002; no headcount or purchase price disclosed. | |||||
| 2002-08-31 | acquisition_addition | completed | Jackson, Mississippi, United States | Manufacturing — concrete-related products (DAMCO) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Dowel Assembly Manufacturing Company acquired in fiscal Q4 2002; no headcount or purchase price disclosed. | |||||
| 2002-08-31 | acquisition_addition | completed | 2002-06-01 | Beaumont, Texas, United States | Recycling | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Most transportation assets of Sampson Steel Corporation acquired June 2002 and combined with existing Beaumont scrap processing facility; no headcount disclosed. | ||||
| 2002-05-31 | divestiture_reduction | completed | 2002-03-28 | 2002-03-28 | Columbia, South Carolina, United States | Manufacturing — heavy structural steel fabrication and installation operations (SMI Owen Steel Company) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of substantially all assets of the SMI Owen heavy structural fabrication operations to a subsidiary of ADF Group, Inc. for $19.7 million cash; no employee count disclosed. | |||
| 2002-05-31 | acquisition_addition | completed | Marketing and Trading — Coil Steels Group | USD 7 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of the remaining shares of Coil Steels Group for $6.8 million net of cash during fiscal 2002; no headcount added disclosed and no announcement date stated. | |||||
| 2002-02-28 | plant_closure | completed | Midland, Texas, United States | Recycling | USD 453 (thousands) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closure of Midland, Texas recycling facility during Q2 FY2002; $453K equipment writedown in SG&A. No employee count disclosed. | ||||
| 2002-02-28 | divestiture_reduction | completed | 2002-02-14 | 2002-03-28 | Columbia, South Carolina, United States | Manufacturing — heavy structural steel fabrication and installation | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of substantially all assets of SMI Owen Steel's heavy structural fabrication operations to ADF Group subsidiary; completed March 28, 2002 for $19.7M cash proceeds with ~$5M pre-tax gain. No employee count disclosed. | |||
| 2002-02-28 | plant_closure | completed | 2002-02-28 | 2002-02-28 | Midland, Texas | Recycling | USD 0 (millions) | other f5-10q / Qwen3.6-27B-Q8_0 | Closure of recycling facility resulted in a writedown of $453 thousand on certain equipment. Employee count not disclosed. | ||
| 2002-02-28 | divestiture_reduction | completed | 2002-02-14 | 2002-03-28 | Columbia, South Carolina | Manufacturing | other f5-10q / Qwen3.6-27B-Q8_0 | Sale of substantially all assets of SMI Owen Steel Company's heavy structural steel fabrication and installation operations completed March 28, 2002. Employee count not disclosed. | |||
| 2001-08-31 | acquisition_addition | completed | 2001-09-01 | 2001-09-30 | Australia | Marketing and trading segment | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of remaining 78% interest in Coil Steels Group completed in early September 2001 (after fiscal year-end); headcount added not disclosed | |||
| 2000-02-29 | acquisition_addition | completed | 1999-12 | United States — Naples, Florida | Manufacturing — Steel Group (rebar fabrication) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired operating assets of Suncoast Steel Corp.; no employee count disclosed in the filing. | ||||
| 1999-08-31 | acquisition_addition | completed | Baton Rouge, Louisiana; additional locations in Louisiana and Mississippi | Manufacturing — concrete-related products warehouses | MD&A f5-10k / GLM-5.3-flash-HTML | Company acquired substantially all assets of Construction Materials, Inc. during the fiscal 1999 third quarter (December 1998–February 1999); purchase price described as not significant to the Company; headcount added was not disclosed. | |||||
| 1999-08-31 | acquisition_addition | completed | Louisiana, United States | Manufacturing segment — concrete-related products (Shepler's group) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of substantially all assets of Construction Materials, Inc. (Baton Rouge) completed in Q3 FY1999; purchase price described as not significant, no headcount disclosed. | |||||
| 1998-08-31 | plant_closure | completed | 1998-08-31 | 1998-08-31 | Tulsa, Oklahoma | Manufacturing segment — Safety Railway Service railcar rebuilding | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Operations ceased at fiscal year-end; substantially all employees released, with accruals raised for severance, warranties and facility costs. No headcount or charge amount quantified. An earlier closure of a second Tulsa Safety Railway Service location during 1998 appears to describe the same event. | |||
| 1998-08-31 | plant_closure | completed | 1998-08-31 | 1998-08-31 | Tulsa, Oklahoma | Manufacturing (Railcar Rebuilding) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Company ceased operations at railcar rebuilding facility; substantially all employees were released and accruals raised for liabilities including severance. | |||
| 1998-05-31 | restructuring | in_progress | Recycling | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Division restructured management into five regions to improve effectiveness in scrap sourcing, asset utilization and processing operations. | ||||||
| 1997-11-30 | acquisition_addition | completed | United States (Florida; Houston, Texas) | Recycling | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Post-quarter acquisition of two secondary processing facilities in Florida and one in Houston; filer states the Florida deal enters the auto salvage business. No headcount added disclosed; filer deems the operations not significant to financial position. | |||||
| 1997-08-31 | acquisition_addition | completed | 1997-01 | Chicora, Pennsylvania, United States | Manufacturing segment — CMC Steel Group (steel heat treating) | Item_1_Business f5-10k / GLM-5.3-flash-HTML | Operating assets of Allegheny Heat Treating, Inc. acquired in January 1997, marking the Steel Group's entry into heat treating; purchase price described as not significant and no employee count disclosed. | ||||
| 1997-08-31 | acquisition_addition | completed | Odessa and Edinburg, Texas; Palm Bay, Florida, United States | Recycling segment — secondary metals processing | Item_1_Business f5-10k / GLM-5.3-flash-HTML | During fiscal 1997 the secondary metals division purchased operating assets of an Odessa, Texas facility plus two small feeder yards in Edinburg, Texas and Palm Bay, Florida; headcount not disclosed. | |||||
| 1995-08-31 | acquisition_addition | completed | 1994-09-27 | 1994-11-15 | Southeastern United States (headquartered in Columbia, South Carolina) | Manufacturing (CMC Steel Group) — minimill, six rebar and five structural fabrication plants, two joist plants, construction supply, and three scrap processing locations | USD 50 (millions) | business_combinations_footnote f5-10k / GLM-5.3-flash-HTML | Acquisition of Owen Steel Company, Inc. and affiliates; ~$50 million purchase price (half cash, half in 932,301 shares) plus retirement of ~$32 million of Owen debt, with a $3.2 million post-closing net worth adjustment paid October 1995. Filing states the bulk of the former Owen work force was retained, but the number of employees added was not disclosed. Two smaller FY1995 asset acquisitions (South Texas recycling locations in Corpus Christi and Laredo, August 1995) were explicitly noted as not significant, with no headcount disclosed. | ||
| 1995-08-31 | acquisition_addition | completed | 1994-09-27 | 1994-11-15 | United States (Southeast) | Manufacturing segment (CMC Steel Group) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Headcount added not disclosed; filing states the bulk of the former Owen work force was retained and several key employees from other mill operations assumed management responsibility | |||
| 1995-08-31 | acquisition_addition | completed | 1994-09-27 | 1994-11-15 | South Carolina, United States | Manufacturing | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Owen Steel Company completed Nov 1994. Bulk of former Owen workforce retained; specific headcount not disclosed. |