Insteel Industries, Inc. - Common Stock (IIIN)
Frequently Asked Questions About Insteel Industries, Inc. - Common Stock (IIIN)
Does Insteel pay dividends to its shareholders?
Insteel Industries, Inc. has a history of paying dividends to its shareholders, reflecting its strong financial performance and commitment to returning value to investors. Dividend amounts and payment schedules can be found in the company's shareholder communications.
How does Insteel address sustainability?
Insteel Industries, Inc. is committed to sustainability through responsible sourcing of materials and efficient manufacturing processes. The company actively works to reduce waste, lower energy consumption, and minimize its environmental footprint while producing high-quality steel products.
How does Insteel approach customer service?
Insteel Industries, Inc. prioritizes customer service by maintaining strong relationships and providing tailored solutions to meet the needs of its clients. The company believes in proactive communication and feedback to continually improve its service offerings.
How does Insteel ensure product quality?
Insteel Industries, Inc. maintains rigorous quality control standards throughout its manufacturing processes. The company employs advanced testing techniques and certifications to ensure that its products meet or exceed industry standards, providing assurance to customers.
Is Insteel Industries publicly traded?
Yes, Insteel Industries, Inc. is publicly traded on the New York Stock Exchange under the ticker symbol IIIN. The company lists its stock to provide liquidity for its shareholders and to raise capital for business operations.
What are Insteel's financial highlights?
Insteel Industries, Inc. has consistently demonstrated solid financial performance characterized by revenue growth, disciplined cost management, and profitability. The company regularly releases financial statements detailing its revenues, net income, and other key financial metrics.
What are Insteel's growth strategies?
Insteel Industries, Inc. employs multiple growth strategies, including expanding production capacity, investing in new technologies, entering new geographical markets, and enhancing product offerings. These strategies are designed to strengthen the company's market position and drive long-term profitability.
What are the primary products offered by Insteel?
Insteel’s primary products include a range of steel wire and reinforcing products such as concrete reinforcing bars, welded wire reinforcement, and other industrial wire products. These products are essential for the construction of roads, bridges, buildings, and other infrastructure projects.
What are the recent developments or news about Insteel?
Recent developments in Insteel Industries, Inc. might include product launches, expansions in manufacturing capabilities, partnerships with other companies, or progress in sustainability initiatives. For the latest news, it’s best to refer to the company's press releases or financial reporting.
What does Insteel Industries, Inc. do?
Insteel Industries, Inc. is a leading manufacturer of steel wire products, primarily serving the construction and industrial sectors. The company's product offerings include concrete reinforcing bars, wire mesh, and other steel wire products used in various construction applications. With a focus on innovation and sustainability, Insteel is committed to providing high-quality products that help ensure the structural integrity of buildings and infrastructure.
What geographical markets does Insteel serve?
Insteel Industries, Inc. serves a wide range of geographical markets across the United States and has a growing presence in international markets. The company's extensive distribution network allows it to meet customer demands in various regions.
What is the significance of the NYSE listing for Insteel?
The NYSE listing allows Insteel Industries, Inc. to access a broader investor base, improves its visibility in the market, and enhances its credibility as a publicly traded company. It also offers shareholders a regulated trading environment.
What market trends impact Insteel's business?
Market trends affecting Insteel Industries, Inc. include fluctuations in construction activity, infrastructure spending, and material costs. Economic conditions, government regulations, and technological advancements also play significant roles in shaping the steel industry landscape.
What role does innovation play in Insteel's operations?
Innovation is crucial for Insteel Industries, Inc. as it drives improvements in manufacturing efficiencies, product performance, and sustainability. The company invests in research and development to create advanced products and optimize production processes.
When was Insteel Industries, Inc. founded?
Insteel Industries, Inc. was founded in 1950. Over the years, it has grown to become a prominent player in the steel wire manufacturing industry, leveraging decades of experience to improve its production processes and expand its market reach.
Where is Insteel Industries, Inc. located?
The headquarters of Insteel Industries, Inc. is located in Mount Airy, North Carolina. The company also has manufacturing facilities strategically located across the United States to serve its customers effectively.
Who are the main competitors of Insteel Industries, Inc.?
Insteel's main competitors include other manufacturers of steel wire products and reinforcing steel, such as Nucor Corporation, Gerdau Ameristeel, and Commercial Metals Company. These competitors also serve similar markets and customer bases.
Who is the CEO of Insteel Industries, Inc.?
As of now, the CEO of Insteel Industries, Inc. is H. William (Bill) Paul, who has been with the company since 2005 and takes a leadership role in driving the company's strategic vision and operational efficiency.
What is the current price of Insteel Industries, Inc. - Common Stock?
The current price of Insteel Industries, Inc. - Common Stock is 24.10
When was Insteel Industries, Inc. - Common Stock last traded?
The last trade of Insteel Industries, Inc. - Common Stock was at 7:00 pm EDT on April 4th, 2025
What is the market capitalization of Insteel Industries, Inc. - Common Stock?
The market capitalization of Insteel Industries, Inc. - Common Stock is 468.85M
How many shares of Insteel Industries, Inc. - Common Stock are outstanding?
Insteel Industries, Inc. - Common Stock has 19.45M shares outstanding.