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Insteel Industries Announces NCDOL Safety Achievement Award for Mount Airy Facility

1. Insteel's Mount Airy facility won the First Year Gold safety award. 2. The facility operated without any recordable workplace accidents during 2024. 3. Insteel maintains a company-wide accident rate less than half the industry average. 4. The award underscores Insteel's focus on team safety and operational excellence. 5. Insteel is the largest steel wire manufacturer for concrete construction in the U.S.

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Why Bullish?

The safety award highlights operational excellence, which can boost investor confidence. Historically, safety accolades positively influence stock performance.

How important is it?

Recognition for safety boosts Insteel's reputation, which can affect market trust and stock performance positively.

Why Short Term?

Positive sentiment due to current safety recognition may lead to immediate investor interest. Recent trends show awards correlate with short-term price increases.

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MOUNT AIRY, N.C.--(BUSINESS WIRE)-- Insteel Industries Inc. (NYSE: IIIN) (“Insteel”) the largest manufacturer of steel wire reinforcing products for concrete construction applications in the United States, is pleased to announce that its Mount Airy, N.C. facility, operated by its wholly owned subsidiary Insteel Wire Products, has received the Certificate of Safety Achievement – First Year Gold from the North Carolina Department of Labor (“NCDOL”).

The award recognizes the facility’s outstanding safety performance in 2024, during which it operated without a single recordable workplace accident. The First Year Gold Award is part of the NCDOL’s Safety Awards Program, which honors private and public sector employers throughout the state that demonstrate outstanding safety records and a strong commitment to maintaining safe and healthy working environments.

“We’re extremely proud of the Mount Airy team for earning this well-deserved recognition,” said H.O. Woltz III, President and CEO of Insteel. “Their disciplined approach to workplace safety reflects the values that define our culture—teamwork, accountability, and an unwavering commitment to protecting our people. This award highlights the positive results that come from making safety a daily priority.”

This milestone further reinforces Insteel’s strong overall safety record. In addition to Mount Airy, multiple Insteel facilities have also achieved accident-free operations over extended periods, underscoring the company’s enterprise-wide commitment to workplace safety. As a result of these collective efforts, Insteel’s company-wide accident rate remains less than half the industry average, reflecting a consistent focus on employee well-being and operational excellence.

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 eleven manufacturing facilities located in the United States.

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