Insteel Industries, Inc. Announces Resignation of C. Richard Vaughn from the Board of Directors
May 20, 2016 at 09:01 am EDT
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On May 19, 2016, C. Richard Vaughn provided notice to Insteel Industries Inc. of his resignation from the board of directors, effective immediately, due to personal reasons. Mr. Vaughn's resignation is not related to any disagreement with the company's operations, policies or practices.
Insteel Industries, Inc. is a manufacturer of steel wire reinforcing products for concrete construction applications. The Company's operations are focused on the manufacture and marketing of steel wire reinforcing products for concrete construction applications. The Company's concrete reinforcing products consist of two product lines: prestressed concrete strand (PC strand) and welded wire reinforcement (WWR). Its PC strand is a seven-wire strand that is used to impart compression forces into precast concrete elements and structures, providing reinforcement for bridges, parking decks, buildings, and other concrete structures. Its WWR is produced as either a standard or a specially engineered reinforcing product for use in nonresidential and residential construction. Its products are sold to manufacturers of concrete products that are used in nonresidential construction. The Company sells its products nationwide across the United States, Canada, Mexico, and Central and South America.
INSTEEL INDUSTRIES, INC. 
