Insteel Industries Inc

About

Insteel Industries, Inc. engages in the manufacture of steel wire reinforcing products for concrete construction applications. It offers engineering services, welded wire, personal computer strand, drawn wire, and formed wire. It operates through the United States and Foreign geographical segments. The company was founded by Howard Osler Woltz, Jr. in 1953 and is headquartered in Mount Airy, NC.

Growth

Insteel is a well-established enterprise in the steel manufacturing industry, known for its extensive product line and commitment to supporting America's infrastructure. With a history of steady growth and market dominance, the company has successfully positioned itself as the nation's leading manufacturer of steel wire reinforcing products. Insteel's focus on innovation and quality has allowed it to maintain a prominent presence in the concrete construction applications sector, solidifying its reputation as a world-class steel manufacturer.

Achievements

Insteel has achieved significant milestones in its history, including expanding its product offerings to include prestressed concrete strand, engineered structural mesh, concrete pipe reinforcement, and standard welded wire reinforcement. The company's robust growth has been reflected in its consistent revenue increases, market penetration, and customer base expansion, showcasing its ability to meet the evolving needs of the construction industry. Insteel's strong presence on the New York Stock Exchange under the symbol IIIN is a testament to its financial stability and investor confidence.

Case Studies

Insteel has been involved in numerous notable projects that showcase the impact and relevance of its steel reinforcing products in the construction sector. From supporting major infrastructure developments to enhancing the durability and strength of concrete structures, Insteel's products have been integral to a wide range of construction projects. The company's case studies emphasize the versatility, reliability, and performance of its engineered solutions, underscoring its reputation as a trusted partner in the industry.

Key Events

Key events in Insteel's history include product launches of innovative steel wire reinforcing products, strategic partnerships with leading construction firms, acquisitions to expand its market presence, funding rounds to support research and development efforts, and important awards recognizing its industry leadership. These events highlight Insteel's ongoing commitment to product innovation, market expansion, and operational excellence, positioning the company as a prominent player in the steel manufacturing industry.

Socials

company logo
Founded

-

Operating Status

Active

Industry

Real Estate/Construction

headquarters
Address

1373 Boggs Drive Mount Airy North Carolina 27030 United States...

Country

United States

Employees

884

Key People

G. Kennedy Thompson (Independent Director)

Abney S. Boxley (Independent Director)

Richard T. Wagner (Chief Operating Officer & Senior Vice President)

Scot R. Jafroodi (Chief Financial Officer, Treasurer & VP)

Products

Welded Wire

PC Strand

Drawn Wire

Formed Wire

Engineering Services

Welded Wire Reinforcement

Engineered Structural Mesh

Standard Welded Wire Reinforcement

Concrete Pipe Reinforcement

Revenue

649.19 M

Operating Income

Stock Price

$27.82


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Insteel Industries Inc

company logo

About Insteel Industries Inc

Insteel Industries, Inc. engages in the manufacture of steel wire reinforcing products for concrete construction applications. It offers engineering services, welded wire, personal computer strand, drawn wire, and formed wire. It operates through the United States and Foreign geographical segments. The company was founded by Howard Osler Woltz, Jr. in 1953 and is headquartered in Mount Airy, NC.


Why Setting Up a Virtual Delivery Center (VDC) Is Critical for Your Company’s Success

Achieving business success in today’s competitive landscape requires specialized expertise, seamless operations, and continuous innovation. Establishing a Virtual Delivery Center (VDC) can transform your company’s growth journey by ensuring efficiency, scalability, and long-term value.

Why Choose a VDC for Your Company?

1. Cost Optimization:

Save up to 70% on operational costs by leveraging remote teams and streamlined processes.

2. Expert Access:

Gain instant access to highly skilled professionals, ensuring faster and smoother project execution.

3. Scalable Teams:

Scale your team as business needs evolve, from initial project setup to long-term support.

4. Accelerated Timelines:

Leverage 24/7 global teams to reduce project delays and speed up implementation.

5. Continuous Support:

Ensure uninterrupted business performance with ongoing maintenance and updates.

Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us

Book A Meeting To Setup Your VDCovertime
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