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Insteel Industries

Latest News

Insteel Industries Appoints New Director

02 March 2016 - A longtime North Star Steel manager and executive will be joining the board of wire reinforcing products maker Insteel Industries Inc., the company has announced.

Improved Metal Spreads Lift Insteel Industries Q1 Profits

21 January 2016 - U.S.-based Insteel Industries Inc.’s first-quarter profits rose nearly 62 percent to US$6.7 million, the company reported.

Insteel Industries Reports Third Quarter Financial Results

20 July 2015 - Insteel Industries, Inc. announced financial results for its third quarter ended June 27, 2015.

Insteel Industries Reports Second Quarter Financial Results

17 April 2015 - Insteel Industries, Inc. announced financial results for its second quarter ended March 28, 2015.

Insteel Industries Announces Consolidation of PC Strand Facilities

02 March 2015 - Insteel Industries Inc. will be closing its prestressed concrete strand (PC strand) facility in Newnan, Ga., and moving the manufacturing to its other three PC strand production facilities located in Gallatin, Tenn.; Houston, Texas; and Sanderson, Fla. The Newnan facility was acquired from American Spring Wire Corporation in August 2014.

Insteel Encouraged by Improvement in Non-Res Construction Market

19 January 2015 - Insteel Industries Inc. announced financial results for its first quarter ended 27 December 2014.

Insteel Gives Quarterly Update, Provides Outlook

16 October 2014 - Insteel Industries Inc. announced financial results for its fourth quarter and fiscal year ended 27 September 2014.

Insteel Industries Closes on Acquisition of American Spring Wire’s PC Strand Business

18 August 2014 - Insteel Industries Inc. announced that its wholly-owned subsidiary, Insteel Wire Products Company, has completed the acquisition of substantially all of the assets associated with the prestressed concrete strand (PC strand) business of American Spring Wire Corporation (ASW) for a purchase price of approximately US$36.0 million, subject to certain post-closing adjustments.

Insteel Industries to Acquire PC Strand Business of American Spring Wire

12 August 2014 - Insteel Industries Inc.’s wholly-owned subsidiary, Insteel Wire Products Company (together referred to as Insteel) has entered into an asset purchase agreement to acquire substantially all of the assets associated with the prestressed concrete strand (PC strand) business of American Spring Wire Corporation (ASW) for a purchase price of approximately US$36 million, subject to certain post-closing adjustments.

Insteel Reports Increasing Capacity Utilization in Quarterly Earnings Report

21 July 2014 - Insteel Industries Inc. announced financial results for its third quarter ended 28 June 2014.

Insteel Industries Comments on Quarterly Results, Provides Outlook

18 April 2014 - Insteel Industries, Inc. announced financial results for its second quarter ended 29 March 2014.

Insteel Reports Fire at Gallatin, Tenn., Manufacturing Facility

27 January 2014 - Insteel Industries, Inc. announced that a fire occurred at its Gallatin, Tenn., prestressed concrete strand (PC strand) manufacturing facility on 21 January 2014.

Insteel Sees Signs of Broader Recovery Developing in Non-Res Construction

16 January 2014 - Insteel Industries, Inc. announced financial results for its fiscal first quarter ended 28 December 2013, also commenting on market conditions and providing an updated outlook.

Insteel Industries Reports Quarterly and Annual Results

17 October 2013 - The start-up of two new engineered structural mesh facilities this year have helped strengthen Insteel Industries' shipments and earnings results.

Insteel Industries Reports Gradual Improvement in Construction Markets

18 July 2013 - As it reported its third quarter of fiscal 2013 earnings results, Insteel Industries said it expects the rate of recovery will remain modest until there is more meaningful and sustained growth in the overall economy and in the employment market.

Insteel Industries Reports Quarterly Results, Anticipates Seasonal Upturn in Demand

29 April 2013 - As it reported its second fiscal quarter 2013 results, Insteel Industries said it is seeing rising customer sentiment and improving conditions in its construction end-markets.

Insteel Industries Acquires Assets from Tatano Wire and Steel

26 April 2013 - Insteel Industries’s wholly-owned subsidiary, Insteel Wire Products Co., has purchased all of the concrete pipe and box culvert reinforcement production equipment and certain related assets of Tatano Wire and Steel, Inc.

Insteel Industries Encouraged by Ongoing Recovery in U.S. Housing Market

17 January 2013 - As it reported its earnings for its fiscal first quarted ended 31 December 2012, Insteel Industries said market conditions were stronger than anticipated during what is typically its weakest period of the year due to the seasonal downturn in construction activity, but its outlook for the remainder of the year remains cautious.

Insteel Industries Reports Fourth Quarter and Fiscal 2012 Results

18 October 2012 - As it announced its fiscal fourth quarter results, Insteel Industries reported demand for its products remained depressed in its fiscal fourth quarter due to continued weakness in its construction end markets.

Insteel Industries Consolidates Northeast Facilities

20 December 2010 - Insteel Industries, Inc. is closing its facility in Wilmington, Del., and moving the manufacturing to its Hazleton, Pa., plant. The company anticipates that operations at the Wilmington facility will cease by the end of March 2011 and the equipment will be redeployed to other Insteel locations.