Full-Time
Recycling-based steel production and fabrication
No salary listed
Martinsburg, WV, USA
In Person
On-site role in Martinsburg, West Virginia; rotating shifts may include weekends/holidays.
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Commercial Metals Company (CMC) manufactures steel and metal products in a vertically integrated model that spans recycling, steel production, and fabrication. It runs recycling plants to collect and process scrap metal, which serves as the main raw material for its mills. The steel mills produce products such as rebar, merchant bar, and wire rod, which are sold mainly to the construction industry for infrastructure, commercial, and residential projects. CMC also operates fabrication facilities that customize steel products by cutting, bending, and other processing to meet customer needs. The company mainly serves customers in the United States and Europe and maintains control over the entire supply chain—from scrap sourcing to finished products—giving it cost advantages and tighter quality control over the final materials.
Company Size
N/A
Company Stage
IPO
Headquarters
Irving, Texas
Founded
1915
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Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
401(k) Retirement Plan
401(k) Company Match
Life Insurance
Disability Insurance
Employee Stock Purchase Plan
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.
CMC has appointed Michael Dumais to its board of directors, effective 23 June 2026. The appointment increases the board from nine to ten members, nine of whom are independent. Dumais brings over 30 years of leadership experience in industrial operations and corporate strategy. He most recently served as executive vice president and chief transformation officer at Raytheon Technologies Corporation, where he led enterprise-wide transformation initiatives. He previously held senior leadership roles at United Technologies Corporation, overseeing operations, supply chain, strategy and mergers and acquisitions. Dumais also serves on the board of Baker Hughes Company. He will serve on CMC's audit and finance committees. Dumais holds degrees in electrical engineering from Virginia Tech and the University of Pennsylvania, plus an MBA from Wharton School.
Commercial Metals Company received positive commentary from Jim Cramer during a discussion of market movements following an Iran ceasefire. However, Cramer recommended Nucor over Commercial Metals, stating he believes Nucor could reach $200 per share. Commercial Metals processes and recycles scrap metal whilst manufacturing finished steel products and armour plates. The company reported Q2 2026 earnings on 26 March, posting non-GAAP earnings per share of $1.16, missing estimates by $0.14. Revenue reached $2.13 billion, up nearly 22% year-over-year and beating estimates by $60 million. Management expects to generate between $165 million and $175 million in EBITDA for fiscal year 2026.
Commercial Metals (NYSE:CMC) has announced an 11% increase to its regular quarterly dividend to $0.20 per share, marking its 246th consecutive quarterly payout. The increase follows year-over-year growth in revenue and net income for its latest quarter. The company reported sales of $2.13 billion and net income of $93.03 million, compared with $1.75 billion in sales and $25.47 million in net income a year earlier. Recent acquisitions in precast concrete operations contributed to the earnings performance, with the Construction Solutions segment showing faster growth from the Foley and CP&P acquisitions. However, higher merger and acquisition-related expenses led to an earnings miss versus expectations and a reduction in one broker's fiscal 2026 earnings per share forecast.
Commercial Metals Company reported fiscal Q2 2026 revenue of $2.132 billion and net income of $93.03 million, more than tripling year-over-year. Adjusted earnings per share reached $1.16 per diluted share. The North America Steel Group drove results, with adjusted EBITDA surging 96.9% year-over-year to $269.67 million on a $147 per tonne improvement in steel product metal margin and a $160 per tonne increase in average selling price. The company's $2.5 billion acquisition of CP&P and Foley Products closed in December 2025. The pricing recovery reflects broader industry momentum, with tariff duties of 50% to 200% on rebar imports from Algeria, Bulgaria, Egypt and Vietnam supporting margins. Nucor posted 34.2% quarterly earnings growth year-over-year, whilst Steel Dynamics reported record 2025 steel shipments of 13.7 million tonnes.