| Business Summary | | Insteel
Industries,
Inc.
is
a
manufacturer
of
wire
products.
The
Company
manufactures
and
markets
concrete
reinforcing
products,
industrial
wire,
nails,
tire
bead
wire
and
galvanized
products
for
a
broad
range
of
construction
and
industrial
applications.
Insteel
is
the
parent
holding
company
for
two
wholly
owned
operating
subsidiaries,
Insteel
Wire
Products
Company
and
Florida
Wire
and
Cable,
Inc. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Insteel
Industries
manufactures
and
markets
concrete
reinforcing
products,
industrial
wire,
nails,
tire
bead
wire
and
welding
wire
for
a
multitude
of
construction,
industrial
and
home
furnishing
applications.
For
the
39
weeks
ended
6/30/01,
sales
fell
3%
to
$222.2
million.
Net
loss
totaled
$24.2
million
vs.
an
income
of
$3.2
million.
Revenues
reflect
lower
avg.
sales
price
and
weakening
demand.
Net
loss
also
reflects
the
write-down
charges
of
certain
facilities'
carrying
value. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Howard Woltz, Jr., 75 Chairman | $164K | H. Woltz, III, 44 Pres
and CEO | 318K | Michael Gazmarian, 41 CFO
and Treasurer | 183K | Gary Kniskern, 55 VP
- Admin. and Sec. | 135K | Dollar amounts are as of 30-Sep-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|