CMC Capitol Steel has purchased nearly 18 acres off South Choctaw Extension for $1.8 million and plans to build a new manufacturing plant there in 2009. The land is near the Central Thruway, now under construction, and across from Direct General Insurance call center. Richie Edmonds, of Thornton, Harvison and Rhodes Real Estate, who helped broker the deal along with Collier Thornton and Larry K. Sullivan of Larry K's Real Estate, says CMC Capitol Steel had been looking for room to expand for about three years. The company, which specializes in re-bar fabrication, has been located at North Foster and Choctaw drives for about 70 years. Edmonds says Capitol Steel, which has about 100 employees, has seen an increase in activity since Hurricane Katrina, because of the rebuilding efforts along the Gulf Coast. --Timothy Boone
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