Insteel Industries ( (IIIN) ) has shared an update.
On February 28, 2025, Insteel Industries Inc. announced the appointment of Eric J. Zernikow to its board of directors, expanding the board to nine members. Mr. Zernikow, with extensive experience at Nucor Corporation, will serve on the Executive Compensation and Nominating and Governance Committees. His appointment is expected to enhance the board’s commercial and operational expertise, potentially benefiting Insteel’s strategic direction and stakeholder interests.
More about Insteel Industries
Insteel Industries Inc. is the largest manufacturer of steel wire reinforcing products for concrete construction applications in the United States. The company produces and markets prestressed concrete strand and welded wire reinforcement, including engineered structural mesh, concrete pipe reinforcement, and standard welded wire reinforcement. Insteel’s products are primarily sold to manufacturers of concrete products used in nonresidential construction. The company is headquartered in Mount Airy, North Carolina, and operates eleven manufacturing facilities across the country.
YTD Price Performance: 6.60%
Average Trading Volume: 166,832
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $543.3M
For detailed information about IIIN stock, go to TipRanks’ Stock Analysis page.