wiredinUSA January 2013
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The 2013 Northwire-NWI Lab360 United States product and service catalog is now available fromNorthwire. Available in print or downloadable formats, the catalog presents complex technical information in a way that customers can use to source standard and custom-built wire and cable products. NWI remains committed to providing customers with technical specifications in an easy to use format. Northwire-NWI Lab360 designs, manufactures and provides contract engineering services of custom technical products including custom wire and cable, retractiles, assemblies, connectors, harnesses, injection and over-molded products. NWI's 2013 catalog uses what the company terms “infographics”. Created by NWI, these largely universal illustrations help customers to source wire and cable products. At a glance, Northwire's infographics illustrate extreme engineering specifications for wire and cable products such as hazardous area, oil resistant, flame resistant, cut resistant, extreme temperature and more, including torsional, rolling, variable, bending and continuous flex capabilities. The catalog is shortly to become available in Spanish.
Special cash dividend announced The board of directors of Insteel Industries Inc has declared a special cash dividend of $0.25 per share on the company's common stock. This is in addition to the company’s regular quarterly cash dividend of $0.03 per share.
“We believe the special dividend is an effective vehicle for delivering value to our shareholders without compromising our strong balance sheet and financial flexibility,” said HO Woltz III, Insteel’s president and CEO. “We elected to make this payment before the end of the year in view of the ongoing uncertainty surrounding future dividend tax rates.” While the company intends to pay regular quarterly cash dividends for the foreseeable future, the declaration and payment of future dividends, if any, are discretionary and will be subject to determination by the board of directors each quarter after taking into account various factors, including future changes in dividend tax rates, general business conditions and the company’s financial position, operating results, cash requirements and growth opportunities. Headquartered in Mount Airy, North Carolina, Insteel operates nine manufacturing facilities located in the United States, producing steel wire reinforcing products, prestressed concrete strand and welded wire reinforcement, structural mesh and standard welded wire reinforcement.
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wiredInUSA - January 2013
wiredInUSA - January 2013
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