Insteel Industries, Inc. (IIIN) NYSE

Currency In USD

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Insteel Industries, Inc.

Address

1373 Boggs Drive

Mount Airy, NC 27030

United States of America (the)

Phone

336 786 2141

Sector

Industrials

Industry

Manufacturing - Metal Fabrication

Employees

1007

First IPO Date

March 17, 1992

Key Executives

NameTitlePayYear Born
Howard Osler WoltzPresident, Chief Executive Officer & Chairman2.32M1956
James R. YorkSenior Vice President of Sourcing & Logistics651,3791959
Elizabeth Carroll SouthernVice President of Administration, Secretary & Chief Legal Officer651,5371982
Scot R. JafroodiVice President, Chief Financial Officer & Treasurer760,3331970
Richard T. WagnerSenior Vice President & Chief Operating Officer897,7961959
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Description

Insteel Industries, Inc., along with its various subsidiaries, focuses on the manufacturing and commercialization of steel wire reinforcement products specifically for concrete construction applications. The company's primary offerings include prestressed concrete strand (PC strand) and welded wire reinforcement (WWR). Its PC strand is a distinctive seven-wire product designed to introduce compression into precast concrete elements and structures. This strengthens various constructions, such as bridges, parking garages, commercial buildings, and other concrete infrastructure. Additionally, Insteel supplies an engineered welded wire reinforcement (WWR) product utilized in both non-residential and residential construction endeavors. This WWR product line encompasses several types: Engineered structural mesh: A custom-made solution that functions as the main reinforcement for concrete elements and structures, often serving as an alternative to conventional hot-rolled rebar. Concrete pipe reinforcement: Another tailored product, engineered for primary reinforcement in concrete pipes, box culverts, and precast manholes, vital for drainage and sewage systems, water treatment facilities, and related utility applications. Standard welded wire reinforcement: A secondary reinforcement material aimed at preventing cracks in residential and light commercial settings, including driveways, sidewalks, and various slab-on-grade applications. Insteel distributes its products through a network of sales representatives to a diverse customer base, including concrete product manufacturers, rebar fabricators, distributors, and contractors. Its principal markets are located across the United States, Canada, Mexico, and extending into Central and South America. Founded in 1953, Insteel Industries, Inc. is headquartered in Mount Airy, North Carolina.

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