Commercial Metals Company to Spend $400 Million in 2009 to Move Growth Projects Forward

SUGAR LAND--March 25, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--Commercial Metals Company (NYSE:CMC) (Irving, Texas) recently reported earnings for the company's second quarter of fiscal year 2009, which ended February 28, 2009. The company reported a net loss of $35.3 million for the quarter compared with net earnings of $39.8 million for the same quarter of 2008. Chief Financial Officer Bill Larson discussed the company's spending in 2009. "Our capital expenditure budget is expected to be slightly under $400 million for fiscal '09," he said.