Insteel Industries, Inc. (IIIN)

USD 28.68

(-3.6%)

Market Cap (In USD)

557.88 Million

Revenue (In USD)

529.19 Million

Net Income (In USD)

19.3 Million

Avg. Volume

119.45 Thousand

Currency
USD
Country
Industrials
Open
-
Prev. Close
-
Day Range
-
Year Range
26.74-39.38
PE
-
EPS
-
Beta Value
1.087
ISIN
US45774W1080
CUSIP
45774W108
CIK
764401
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Industrials
Industry
Manufacturing - Metal Fabrication
CEO
Mr. Howard Osler Woltz III
Employee Count
-
Website
https://www.insteel.com
Ipo Date
1992-03-17
Details
Insteel Industries, Inc., together with its subsidiaries, manufactures and markets steel wire reinforcing products for concrete construction applications. The company offers prestressed concrete strand (PC strand) and welded wire reinforcement (WWR) products. Its PC strand is a seven-wire strand that is used to impart compression forces into precast concrete elements and structures providing reinforcement for bridges, parking decks, buildings, and other concrete structures. The company's WWR engineered reinforcing product is used in nonresidential and residential construction. It produces a range of WWR products, such as engineered structural mesh, an engineered made-to-order product that is used as the primary reinforcement for concrete elements or structures serving as a reinforcing solution for hot-rolled rebar; concrete pipe reinforcement, an engineered made-to-order product, which is used as the primary reinforcement in concrete pipe, box culverts, and precast manholes for drainage and sewage systems, water treatment facilities, and other related applications; and standard welded wire reinforcement, a secondary reinforcing product for crack control applications in residential and light nonresidential construction, including driveways, sidewalks, and various slab-on-grade applications. The company sells its products through sales representatives to the manufacturers of concrete products, rebar fabricators, distributors, and contractors primarily in the United States, Canada, Mexico, and Central and South America. Insteel Industries, Inc. was founded in 1953 and is headquartered in Mount Airy, North Carolina.