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CMC honored by newsweek as a top U.S. Company. A surprising nod from newsweek. Well, here's a feather in the cap for Commercial Metals Company (NYSE: CMC). Newsweek just put them on their esteemed 'America's Greatest Companies 2026' list, and it's not a small feat. This isn't another flash-in-the-pan pat on the back. Newsweek, along with Plant-A Insights Group, takes a hard look at how companies stack up based on serious metrics like financial fortitude, employer performance, and sustainability. That's insider talk for saying having their head in the game. Decoding the recognition. The folks at CMC are naturally crowing about this win, as it deserves to be. According to CEO Peter Matt, it's a testament to their robust culture and ongoing transformation - fancy talk for innovating without losing their industry grip. But what's driving this is their early-stage construction solutions, a sector where CMC has carved a solid niche. "This recognition reflects the strength of CMC's culture, our commitment to continuous improvement," said Peter Matt. CMC's winning formula. CMC isn't just tinkering at the edges; they're packing a punch. Since its early days as a humble recycling venture back in 1915, CMC has morphed into a steel titan. This isn't mere survival; it's booming growth. They're dominant in rebar, subgrade stabilization, and concrete pipe production. Not exactly front-page news, but critical to any heavyweight infrastructure project. Stability with innovation. Their formula seems to blend operational uptime with gritty innovation. They're not just churning out steel but refining processes and products to keep America's backbone infrastructure solid and safe. They're playing the long game with strategic eyes on both U.S. soil and European markets. That, folks, is how you keep riding the wave through thick and thin. * Infrastructure Powerhouse: From highways to high-rises, their products are everywhere you'd expect to keep society moving. * Strategic Spread: With footprints in the U.K., Europe, and Asia, they're not just playing in the minor leagues. Looming challenges and next moves. Alright, it's not all sunshine and roses. Being at the top means they need to keep that competitive edge razor-sharp. Supply chain disruptions, raw material costs, and regulatory hurdles are perennial potholes. Yet, CMC's past adaptability hints that they're not losing sleep over it. Their long-standing reputation and strategic pivots could buffer the next round of industry hitches. The takeaway for investors. So, what's in it for you, the stakeholder or the curious observer? Newsweek's nod is a decent vote of confidence, sure, but it signals more. It suggests that CMC might be worth watching - a potentially steady vessel in choppy market waters. They're wielding some serious heft in their domain, marrying timeless product needs with forward-thinking sustainability. In the grand arena of industrial juggernauts, CMC is one stone-cold player blending tradition with transformation. Whether that's enough to anchor or expand your investment playbook, that's for the shrewd investor to decide. But hey, it's a company that seems to understand that beneath those unseen building phases lies real, lasting impact.

Commercial Metals Company has set ambitious targets for fiscal 2029, including core EBITDA of $1.65 billion to $1.8 billion and free cash flow of $1.4 billion to $1.5 billion. The company aims to shift its focus from steel to diversified construction solutions, with that segment expected to exceed 40% of adjusted EBITDA, up from 28% currently. CMC's TAG operating programme is projected to generate more than $250 million in run-rate EBITDA benefits by fiscal 2026 and over $350 million by fiscal 2027. The company is expanding through precast acquisitions whilst completing its US micro-mill network. CMC increased its share-repurchase authorisation by $600 million and plans to balance buybacks with dividends and growth investments.

Press releases. Kennametal announces Board leadership transition. 29 July 2026 Kennametal Inc. today announced that its Board of Directors has appointed Joseph Alvarado as incoming Chairman of the Board, effective October 28, 2026. Alvarado will succeed William M. Lambert, current Chairman of the Board, who will retire from the Board at the conclusion of the Company's Annual Meeting of Shareowners on October 27, 2026. "Serving on Kennametal's Board has been a privilege and one of the most rewarding experiences of my career," said Lambert. "After careful consideration, I have decided that the time is right for this transition. I have great confidence in the Company's strategy, leadership team and Board colleagues, and I look forward to watching Kennametal continue to build on its strong foundation and create value for all stakeholders." "Bill has been an outstanding Chairman and trusted advisor," said Sanjay Chowbey, President and CEO. "His leadership, strategic guidance and commitment to strong governance have helped position us for long-term success. On behalf of the Board, leadership team and employees around the world, I want to thank Bill for his dedicated service." Lambert joined the Kennametal Board in 2016 and has served as Chairman since 2023. During his tenure as Chairman, Lambert helped guide Kennametal through a period of significant transformation, including leadership succession, portfolio actions and continued focus on long-term shareholder value. Alvarado has served as an independent director of the Kennametal Board since 2018 and has been chair of the Nominating/Corporate Governance Committee since 2023. He is also a member of the Board of Directors of Arcosa, Inc.; PNC Financial Services Group, Inc.; and Trinseo, S.A. "Joe is the right leader to serve as our next Chairman," said Chowbey. "He brings deep industrial experience, strong public company leadership and a practical understanding of manufacturing, operations and capital allocation. Having served on our Board for several years, he also understands Kennametal, our strategy and the opportunities ahead. I look forward to continuing to work with him as we execute our plans and build long-term value for shareholders." Alvarado is the retired Chairman, President and CEO of Commercial Metals Company ("CMC"), a global manufacturer, recycler and marketer of steel and other metals. He joined CMC in April 2010 as Executive Vice President and Chief Operating Officer and other roles of increasing responsibility. Before joining CMC, Alvarado was the President of U.S. Steel Tubular Products, Inc., a division of United States Steel Corporation. Alvarado holds an MBA from the Johnson School, Cornell University and a Bachelor of Arts degree in Economics from the University of Notre Dame. About Kennametal With over 85 years as an industrial technology leader, Kennametal Inc. delivers productivity to customers through materials science, tooling and wear-resistant solutions. Customers across aerospace and defense, earthworks, energy, general engineering and transportation turn to Kennametal to help them manufacture with precision and efficiency. Every day approximately 8,100 employees are helping customers in nearly 100 countries stay competitive. Kennametal generated nearly $2 billion in revenues in fiscal 2025. Learn more at www.kennametal.com. Follow @Kennametal: Instagram, Facebook, LinkedIn and YouTube.