Insteel Industries, Inc. is a manufacturer of wire products. The Company manufactures and markets concrete reinforcing products, tire bead wire and industrial wire for a broad range of construction and industrial applications. The Company exited the nail business in January 2002. For the fiscal year ended September 30, 2002 (fiscal 2002), sales of these discontinued products represented 13% of the Company\'s consolidated net sales. Insteel operates two segments: concrete reinforcing products, which consists of welded wire fabric and prestressed concrete strand (PC strand), and industrial wire, which includes tire bead wire and other industrial wire.