CMC Named 2025 Obelisk Award Honoree

Rhea-AI Summary

Commercial Metals Company (NYSE: CMC) has been honored with the Obelisk Award for Arts Education by the Business Council for the Arts (BCA), recognizing its extraordinary support of arts and culture in North Texas.

The recognition stems from CMC's 46-year-running initiative 'Scrap Can Be Beautiful', a partnership with Booker T. Washington School for the Performing and Visual Arts. The program combines arts education with sustainability by having students create sculptures from metal scrap materials donated by CMC's local recycling yard.

IRVING, Texas, Aug. 26, 2025 /PRNewswire/ -- Commercial Metals Company (NYSE: CMC) ("CMC" or the "Company") today announced that it has received the Obelisk Award for Arts Education by the Business Council for the Arts (BCA). The Obelisk Awards honor businesses, individuals and nonprofits for their extraordinary support of arts and culture in North Texas.

For the past 46 years, CMC has hosted an annual contest and exhibit titled 'Scrap Can Be Beautiful' in partnership with Booker T. Washington School for the Performing and Visual Arts in Dallas. Students from the school's 3D design and sculpture classes compete each year by designing sculptures made from metal scrap materials donated by CMC's local recycling yard. 

"CMC is very proud to receive this special honor in recognition of our long-standing history of Scrap Can Be Beautiful," commented Peter R. Matt, President and Chief Executive Officer. "This competition not only provides a platform that combines the arts and education but also engages students in environmental sustainability through repurposing metal scrap materials into creative works of art. Sustainability has been the heart of CMC since our founding over 100 years ago."

"This year's Obelisk honorees exemplify the extraordinary impact business leaders have when they invest in the arts," said Oncor Senior Vice President and BCA Board Chair Joel Austin. "Their time, talent, and resources strengthen our cultural identity, fuel innovation, and make North Texas a destination for both business and creativity."

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, we offer products and technologies to meet the critical reinforcement needs of the global construction sector. CMC's solutions support early-stage construction across a wide variety of applications, including infrastructure, non-residential, residential, industrial, and energy generation and transmission. 

About Business Arts Council

Founded in 1988, Business Council for the Arts is a 501(c)(3) nonprofit organization dedicated to advancing business support for arts and culture. With a membership of 150 leading North Texas companies and organizations, BCA provides arts-based employee engagement programs such as Leadership Arts Institute, On My Own Time™ Art Competition, and ArtWorks to its member organizations. BCA's annual signature event, the Obelisk Awards, stands as the region's premier celebration of business-arts partnerships. This event draws a large audience of executives, entrepreneurs, and civic leaders each year to honor those whose investments of time, talent, and resources have transformed North Texas' cultural landscape.

View original content:https://www.prnewswire.com/news-releases/cmc-named-2025-obelisk-award-honoree-302539259.html

SOURCE Commercial Metals Company

FAQ

What is the Obelisk Award that CMC received in 2025?

The Obelisk Award is presented by the Business Council for the Arts (BCA) to recognize extraordinary support of arts and culture in North Texas. CMC received the award specifically for Arts Education.

What is CMC's 'Scrap Can Be Beautiful' program?

'Scrap Can Be Beautiful' is a 46-year-running annual contest and exhibit where students from Booker T. Washington School create sculptures using metal scrap materials donated by CMC's recycling yard.

How long has CMC been running the 'Scrap Can Be Beautiful' program?

CMC has been hosting the 'Scrap Can Be Beautiful' contest and exhibit for 46 years in partnership with Booker T. Washington School for the Performing and Visual Arts in Dallas.

What is Commercial Metals Company's (CMC) main business focus?

CMC is a solutions provider focused on the global construction sector, offering products and technologies for construction reinforcement needs through manufacturing facilities primarily in the United States and Central Europe.