Insteel Industries, Inc. (NYSE:IIIN) Q3 2023 Earnings Call Transcript

Julio Romero: Okay. Got it. And then maybe just last one staying on that topic. As I thought about that flooding, it’s highlighted a need for greater infrastructure for drainage and sewer systems. Can you maybe talk to, or give a refresher on some of your product lines, such as the concrete pipe reinforcement, and how that can be able to help improve the nation’s drainage and sewer systems?

H. Woltz : Yes. I think, there’s no question, but the need for water management is ubiquitous. If in fact there are rising sea levels that result in coastal flooding, that will be a stimulant for demand for all kinds of ways to manage those waters and by and large concrete products are used for that purpose. So I think it’s all — it all is positive for the demand outlook for our products.

Julio Romero: Very helpful. Thanks very much for taking the questions.

H. Woltz : Thank you, Julio.

Operator: [Operator Instructions] We have no further questions at this time. So I will now hand back to the management team for final remarks.

H. Woltz : Okay. Thank you. We appreciate your interest in Insteel. We welcome your calls, and we look forward to talking to you as we wrap up our fourth quarter. Thank you.

Operator: This concludes today’s call. Thank you for joining. If you have missed any part of this call, or would like to hear again, a recording will be available shortly. Have a lovely day.