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1953 — Acquired ready-mix concrete and block plant. 1963 — Formed Dixie Exposaic to produce precast concrete. 1969 — Changed name to Exposaic Industries, Inc. 1974 — Entered welded wire reinforcement business. 1981 — Entered industrial wire business. 1983 — Sold Dixie Concrete division. 1984 — Expanded welded wire reinforcement capacity with new facility. 1985 — Initial public offering listed on NASDAQ. Entered steel trading business with formation of Intersteel Corporation. 1986 — Acquired wire division of Georgetown Steel and Federal Nail Manufacturing Co. 1988 — Sold precast division and Exposaic name repositioning Company as a wire products manufacturer. Insteel Industries common stock listed on American Stock Exchange. 1989 — Acquired Forbes Steel & Wire Corp., a producer of welded wire fabric and agricultural fencing. Entered the 3-D Panel business with the start-up of Insteel Construction Systems, a joint venture. 1992 — Insteel Industries common stock begins trading on New York Stock Exchange. Expanded 3-D building panel business with the addition of a facility in Mexico. 1993 — Entered the PC strand business. Reorganized and consolidated – Rappahannock Wire Co., Expo Wire Co., Federal Nail Manufacturing Co., and Forbes Steel & Wire Corp. – into Insteel Wire Products Company, a wholly owned subsidiary. 1995 — Acquired remaining interest in Insteel Construction Systems and merged the division into Insteel Wire Products Company. 1996 — Entered the collated nail business. 1997 — Sold Insteel Construction Systems. Entered the tire reinforcement business. 1998 — Sold the agricultural fencing business. Expanded the PC strand facility to full design capacity. 1999 — Acquired 25% interest in Structural Reinforcement Products. Acquired welded wire fabric manufacturing facility in Hickman, Kentucky. 2000 — Acquired Florida Wire and Cable, Inc., a producer of PC strand and galvanized strand. 2001 — Sold the galvanized strand business. 2002 — Exited the bulk and collated nail business. Sold the industrial wire business located in Andrews, South Carolina. Sold 25% interest in Structural Reinforcement Products. Insteel Industries common stock begins trading on OTC Bulletin Board. 2004 — Insteel Industries common stock begins trading on NASDAQ National Market.
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