EX-99.1 2 g03117exv99w1.htm EX-99.1 PRESS RELEASE DATED AUGUST 22, 2006 EX-99.1 PRESS RELEASE DATED AUGUST 22, 2006
 

EXHIBIT 99.1
(Insteel Logo)
NEWS RELEASE
         
FOR IMMEDIATE RELEASE
  Contact:   Michael C. Gazmarian
 
      Chief Financial Officer and Treasurer
 
      Insteel Industries, Inc.
 
      336-786-2141, Ext. 3020
INSTEEL INDUSTRIES DECLARES QUARTERLY CASH DIVIDEND
MOUNT AIRY, N.C., August 22, 2006 — Insteel Industries, Inc. (Nasdaq: IIIN) today announced that its board of directors declared a quarterly cash dividend of $0.03 per share on the Company’s common stock payable on October 6, 2006 to shareholders of record as of September 22, 2006.
About Insteel
Insteel Industries is one of the nation’s largest manufacturers of steel wire reinforcing products for concrete construction applications. The Company manufactures and markets prestressed concrete strand and welded wire reinforcement, including concrete pipe reinforcement, engineered structural mesh and standard welded wire reinforcement. Insteel’s products are sold primarily to manufacturers of concrete products for the nonresidential and infrastructure construction industries. Headquartered in Mount Airy, North Carolina, Insteel operates six manufacturing facilities located in the United States.
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