Company Insteel Industries, Inc.

Equities

IIIN

US45774W1080

Construction Supplies & Fixtures

Market Closed - Nyse 04:00:02 2024-03-28 pm EDT 5-day change 1st Jan Change
38.22 USD +1.06% Intraday chart for Insteel Industries, Inc. +2.38% -0.18%

Business Summary

Insteel Industries, Inc. is a manufacturer of steel wire reinforcing products for concrete construction applications. The Company's operations are focused on the manufacture and marketing of steel wire reinforcing products for concrete construction applications. The Company's concrete reinforcing products consist of two product lines: prestressed concrete strand (PC strand) and welded wire reinforcement (WWR). 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. Its WWR is produced as either a standard or a specially engineered reinforcing product for use in nonresidential and residential construction. Its products are sold to manufacturers of concrete products that are used in nonresidential construction. The Company sells its products nationwide across the United States, Canada, Mexico, and Central and South America.

Number of employees: 884

Sales per Business

USD in Million2022Weight2023Weight Delta
Welded Wire Reinforcement
57.9 %
495 59.9 % 376 57.9 % -24.15%
Prestressed Concrete Strand
42.1 %
331 40.1 % 273 42.1 % -17.50%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
99.1 %
821 99.3 % 643 99.1 % -21.63%
Foreign
0.9 %
6 0.7 % 6 0.9 % -2.57%

Managers

Managers TitleAgeSince
Chief Executive Officer 68 85-12-31
Director of Finance/CFO 54 05-06-30
Chief Administrative Officer - 22-12-31
Chief Operating Officer 64 91-12-31
Corporate Officer/Principal 65 17-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 77 97-12-31
Director/Board Member 66 18-03-31
Director/Board Member 62 19-04-15
Director/Board Member 73 17-09-04
Director/Board Member 68 15-09-17
Chief Executive Officer 68 85-12-31
Director/Board Member 68 16-03-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 19,448,318 18,412,208 ( 94.67 %) 0 94.67 %

Shareholders

NameEquities%Valuation
BlackRock Advisors LLC
17.00 %
3,306,611 17.00 % 120 M $
Vanguard Fiduciary Trust Co.
6.618 %
1,287,145 6.618 % 47 M $
Dimensional Fund Advisors LP
6.372 %
1,239,317 6.372 % 45 M $
Royce & Associates LP
4.248 %
826,134 4.248 % 30 M $
Pacer Advisors, Inc.
3.748 %
728,935 3.748 % 27 M $
726,706 3.737 % 26 M $
676,199 3.477 % 25 M $
Franklin Mutual Advisers LLC
3.315 %
644,746 3.315 % 23 M $
Global X Management Co. LLC
2.692 %
523,528 2.692 % 19 M $
Geode Capital Management LLC
2.103 %
408,978 2.103 % 15 M $

Company contact information

Insteel Industries, Inc.

1373 Boggs Drive

27030, Mount Airy

+336 786 2141

http://www.insteel.com
address Insteel Industries, Inc.(IIIN)