Commercial Metals revises earnings

Article Abstract:

Commercial Metals Co (CMC) of Dallas, TX, an operator of scrap yards, steel fabrication plants, steel mini-mills and other steel production facilities, was forced to revise its earnings for fiscal 1st qtr 2001, which ended Nov 30, 2000, following an appelate court ruling against the firm in late Dec 2000. The court ruled that CMC owed a former customer a total of $6.6 million in punitive damages and attorney's fees in addition to other liabilities due to disruptions in the contractor's business.

Stockholder data, Scrap Metals, Scrap metal dealers

---

Unfulfilled potential

Article Abstract:

Acceptance of automobile recycled parts by consumers, insurers and automobile body shops continues to increase. It is estimated that recycled parts currently account for 12%-15% of the market. According to Avi Pelc of ADP Hollander Inc, there are three main reasons to the acceptance of recycled parts. These are the ecological importance of reuse and recycling, the consolidation in the automobile recycling industry and the comparatively high cost of original equipment manufacturer components.

Product information, Autos for Scrap

---

Similar abstracts:

• Abstracts: Practical model for school organics recovery. Creating an affordable road to composting
• Abstracts: Union calls for re-evaluation of modernisation progress. Safety first for the MoD. Aspiring to lead
• Abstracts: An amazing 93 percent reuse for biosolids. Using seafood processing waste to clean up wastewater. Composting fish and seafood processing residuals
• Abstracts: Composting on all fronts in Alberta. A model for on-farm recycling and composting. Collection and composting services for wine producers
• Abstracts: Pennsylvania legislation addresses composting. Composting biosolids in Patagonia. New rules for designing composting plants

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.