Commercial Metals Company completed the acquisition of Concrete Pipe & Precast from Eagle Corporation and ECPP for $675m.

Commercial Metals Company, a steel and metal manufacturer, completed the acquisition of Concrete Pipe & Precast, a supplier of precast concrete solutions to the US Mid-Atlantic and South Atlantic regions, from Eagle Corporation, and ECPP, two holding companies, for $675m. "I am thrilled to welcome CP&P's 700 employees to the CMC team. This acquisition marks an important milestone in our Company's growth strategy, helping us bring more value to our customers and create more value for our shareholders," Peter Matt, President and Chief Executive Officer.