Akron Selected for CMC Investment – Company to Revitalize Vacant Building

CMC plans to grow operations and hire up to 50 new employees

A leading concrete reinforcing steel (“rebar”) fabricator, Commercial Metals Company (“CMC” or “the Company”), has announced plans to locate a facility in Akron, investing in a building that had stood vacant for one year. A JobsOhio Revitalization Grant will support the project to ensure the building is ready for use. Once renovations are complete, CMC plans to grow operations and hire up to 50 new employees over the course of five years.  

The Company, with its products in landmark bridges and buildings all over the world, will produce fabricated rebar at its new facility. CMC is the largest producer of rebar in the United States  and has a network of rebar fabrication facilities across the country.  A team comprised of Greater Akron Chamber, Summit County, and Team NEO worked with CMC management to ensure the Company invested in the Northeast Ohio Region for its growth.  

“We are excited to welcome CMC to Summit County! The Company recognized Akron and Summit County as great places to grow. The County is pleased to be providing critical On-the-Job Training grant funding to CMC to help the Company fill new, good-paying jobs available to our residents,” said Summit County Executive Ilene Shapiro. “We appreciate the strong collaboration with the City of Akron, Team NEO, Greater Akron Chamber and JobsOhio that made this project a reality.” 

CMC’s Akron facility is its second in Ohio. The Company sees potential for Ohio, with growth in construction-related products and downstream operations in the rebar market. 

“The investment by CMC is representative of the ongoing resurgence of traditional manufacturing in not only the City of Akron, but also across Northeast Ohio,” stated Gregg Cramer, Vice President of Economic Development with the Greater Akron Chamber. “Domestic and international companies are considering Northeast Ohio due to the successful public/private partnership we have built along with our competitive cost of living, location and workforce.” 

  
Team NEO also welcomed CMC, which Newsweek recently named as one of America’s Most Responsible Companies 2024 and U.S. News named as one of the Best Companies to Work For 2024-2025.  

“Along with our local partners and JobsOhio, we welcome CMC to expand in the Northeast Ohio Region,” said Team NEO Chief Executive Officer Bill Koehler. “CMC is known for creating a positive, empowering work culture, as well as an environment where veterans can thrive. We look forward to bringing this spirit to the new employees in our region.” 

About CMC

CMC is an innovative solutions provider helping build a stronger, safer and more sustainable world. Through an extensive manufacturing network principally located in the United States and Central Europe, CMC offers products and technologies to meet the critical reinforcement needs of the global construction sector. CMC’s solutions support construction across a wide variety of applications, including infrastructure, non-residential, residential, industrial and energy generation and transmission. 

About Team NEO

Team NEO is a private, nonprofit economic development organization that ignites economic vibrancy, fosters sustainable growth, and champions equitable prosperity. As a designated JobsOhio Network Partner, we collaborate across all 14 counties in the Northeast Ohio Region to create strategies to attract and retain companies, drive innovation, cultivate a skilled workforce, advance market-ready sites, and promote and engage the region. To learn how Team NEO helps make Northeast Ohio more competitive, visit northeastohioregion.com

About JobsOhio

JobsOhio, Ohio’s private nonprofit economic development corporation, enhances company growth and personnel development through business attraction, retention, and expansion across ten competitive industry sectors. With a team of seasoned professionals, JobsOhio utilizes a comprehensive network to foster talent production in targeted industries and attract talent through Find Your Ohio. Collaborating with seven regional partners, including Dayton Development Coalition, Lake to River Economic Development, Ohio Southeast Economic Development, One Columbus, REDI Cincinnati, Regional Growth Partnership, and Team NEO. JobsOhio delivers world-class customer service to provide companies with a competitive advantage.