Insteel Industries, headquartered in Mount Airy, North Carolina, manufactures steel wire reinforcing products for concrete construction, employing 884 staff. Its key products are prestressed concrete strand and welded wire reinforcement, sold across North America and beyond.
IIIN has been in the news recently: Insteel Industries Inc. reported net sales of $134.3 million and a net income of $4.7 million for the fourth quarter of 2024, with a cash balance of $111.5 million. For the fiscal year, the company achieved total annual revenue of $529.2 million.
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