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Blue Chip Growth

Stock Report: "Insteel Industries, Inc." (IIIN) Report Updated: Aug 22, 2016 | Print This Page

Get more stock ratings by Louis Navellier

"Insteel Industries, Inc." (IIIN)

Rating: Strong Buy Volatility: Moderate
Total Grade: A Industry: Building Products
Competitors: LII,JCTCF,NCS,ROCK

Stock Analysis

Rating: Monthly View

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Rating: Weekly View

This Week: A down no change
Last Week: A same no change
Two Weeks Ago: A up no change
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"Insteel Industries, Inc."© quotemedia

Company Profile

Insteel Industries, Inc., together with its subsidiaries, manufactures and markets steel wire reinforcing products for concrete construction applications. The company markets pre-stressed concrete strand (PC strand) and welded wire reinforcement (WWR). 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, including engineered structural mesh (ESM), concrete pipe reinforcement (CPR), and standard welded wire reinforcement (SWWR). ESM is an engineered made-to-order product that is used as the primary reinforcement for concrete elements or structures serving as a replacement for hot-rolled rebar; CPR is 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 SWWR is 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.