IIIN - Insteel Industries, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Insteel Industries, Inc.

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

SectorIndustrials
IndustryMetal Fabrication
Full Time Employees810

Key Executives

NameTitlePayExercisedYear Born
Mr. Howard Osler Woltz IIIChairman, Pres & CEO1.52M622.82k1956
Mr. Michael C. GazmarianVP, CFO & Treasurer753.79k815.19k1959
Mr. James F. PetelleVP of Admin. & Sec.488.87k372.57k1950
Mr. Richard T. WagnerVP702.37k342.38k1959
Mr. Scot R. JafroodiChief Accounting Officer & Corp. ControllerN/AN/AN/A
Amounts are as of December 31, 2018 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 pre-stressed 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 that 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. The company sells its products through sales representatives to the manufacturers of concrete products, distributors, rebar fabricators, and contractors primarily in the United States, as well as in Canada, Mexico, and Central and South America. 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 June 25, 2019 is 6. The pillar scores are Audit: 1; Board: 7; Shareholder Rights: 7; Compensation: 5.

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.