Insteel Industries To Transfer Listing Of Common Stock To The New York Stock Exchange
03/03/2021 - 08:00 AM
MOUNT AIRY, N.C. , March 3, 2021 /PRNewswire/ -- Insteel Industries, Inc. (NasdaqGS: IIIN) today announced that it is transferring the listing of its common stock to the New York Stock Exchange (NYSE) from The NASDAQ Global Select Market. Insteel's common stock will begin trading on the NYSE on March 17, 2021 under its current ticker symbol of "IIIN". Insteel will continue to trade its common stock on NASDAQ until the close of the market on March 16, 2021 .
"We are pleased to return our share listing to the New York Stock Exchange where Insteel was previously listed from 1992 to 2002 and to join the preeminent companies listed there as we continue to focus on delivering long-term value for our shareholders," stated H.O. Woltz III, Insteel's President and CEO.
"We are delighted to welcome Insteel Industries as it transfers its listing back to the NYSE," said John Tuttle , Vice Chairman and Chief Commercial Officer, NYSE Group. "We look forward to working with the company to deliver on the benefits of our unique market model and world-class services."
About Insteel
Insteel is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. Insteel manufactures 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 sold primarily to manufacturers of concrete products and concrete contractors for use, primarily, in nonresidential construction applications. Headquartered in Mount Airy, North Carolina , Insteel operates ten manufacturing facilities located in the United States .
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SOURCE Insteel Industries, Inc.
IIIN Rankings
#1848 Ranked by Stock Gains
IIIN Stock Data
Industry
Steel Wire Drawing
Sector
Manufacturing
Tags
Producer Manufacturing, Metal Fabrication, Manufacturing, Steel Wire Drawing
Country
US
City
Mount Airy
About IIIN
insteel industries, inc. 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 concrete pipe reinforcement, engineered structural mesh and standard welded wire reinforcement. our products are sold primarily to manufacturers of concrete products that are used in nonresidential construction. approximately 800 employees work at insteel facilities located in arizona, florida, georgia, kentucky, missouri, north carolina, pennsylvania, tennessee and texas. the company's common stock is traded on the nasdaq global select market under the symbol iiin.