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Insteel Industries, Inc. (IIIN)

NYSE - NYSE Delayed Price. Currency in USD
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37.820.00 (0.00%)
As of 04:00PM EDT. Market open.

Insteel Industries, Inc.

1373 Boggs Drive
Mount Airy, NC 27030
United States
336 786 2141
https://www.insteel.com

Sector(s)Industrials
IndustryMetal Fabrication
Full Time Employees884

Key Executives

NameTitlePayExercisedYear Born
Mr. Howard Osler Woltz IIIPresident, CEO & Chairman1.45MN/A1956
Mr. Scot R. JafroodiVP, CFO & Treasurer471.59kN/A1970
Mr. Richard T. WagnerSenior VP & COO620.33k120.25k1959
Mr. James R. YorkSenior Vice President of Sourcing & Logistics448.58kN/A1959
Ms. Elizabeth Carroll SouthernVP of Administration, Secretary & Chief Legal OfficerN/AN/A1981
Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

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. It sells its products through sales representatives to the manufacturers of concrete products, rebar fabricators, distributors, and contractors. Insteel Industries, Inc. was founded in 1953 and is headquartered in Mount Airy, North Carolina.

Corporate Governance

Insteel Industries, Inc.’s ISS Governance QualityScore as of March 1, 2024 is 6. The pillar scores are Audit: 8; Board: 8; Shareholder Rights: 7; Compensation: 4.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.