Insteel Industries is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. We manufacture and market prestressed concrete strand and welded wire reinforcement, including engineered structural mesh, concrete pipe reinforcement, and standard welded wire reinforcement. Our products are primarily sold to manufacturers of concrete products that are used in nonresidential construction. We estimate that approximately 85% of our sales are related to nonresidential construction and 15% are related to residential construction.
One of our ten world-class manufacturing facilities is located in Mount Airy, North Carolina. The facility employs the latest advancements in equipment technology, allowing us to minimize changeover times and service our customers in a cost-effective manner that meets their requirements. Given the highly competitive nature of our business, we are intensely focused on operating as the low cost producer and minimizing the costs associated with converting hot-rolled steel wire rod, our primary raw material, into finished product.
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