Insteel to close Upper Sandusky, Ohio plant; $4.6M charges, 65 jobs cut

INSTEEL INDUSTRIES INC

Facility closure announced Aug 21, 2026; operations to cease by end of October 2026.
Up to 65 positions eliminated at Upper Sandusky; output moved to other welded wire plants with ample capacity.
Restructuring charges ~$4.6M: $2.5M equipment relocation, $0.4M employee separation, $1.0M asset impairment, $0.7M other.
Cash expenditures begin fiscal Q1 2027 and continue through fiscal year.
CEO H.O. Woltz III says no revenue impact expected; consolidation improves cost competitiveness.

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