Texas steelmaker receives Ohio grant, plans rebar operation for Akron [Video]

AKRON, Ohio – An Irving, Texas-based steelmaker plans to locate a facility to make steel reinforcing bar (rebar) in Akron, Ohio, with the help of a $175,000 state grant.

Commercial Metals Co. (CMC) plans to use the revitalization grant from JobsOhio, the state’s private nonprofit economic development organization, to get the vacant building at 809 W. Waterloo Road ready to make fabricated rebar — rods of steel that are pre-cut or bent to meet a specific reinforcing need.

The company plans to hire up to 50 people over five years to staff the facility formerly occupied by Akron Rebar, which filed for bankruptcy liquidation in January 2023.

Read the full story on cleveland.com’s sister site, Cleveland Business Journal.

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