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commercial metals 2007_AR
Commercial Metals Company had a profitable year in 2007, with earnings approaching record levels from 2006. The company made several strategic acquisitions, announced plans to build a new micro mill, and reorganized internally into two geographic business units. Net sales increased 16% to $8.3 billion while net earnings remained steady at $355 million. The company continued pursuing its strategies of product diversification, vertical integration, and global expansion.
