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06 Nov
19:31

Insteel buys downstream concrete reinforcer

US wire producer Insteel Industries has acquired concrete reinforcement fabricator Ortiz Engineered Products (OEP), Kallanish reports. Financial terms of the deal were not disclosed. “OEP provides value-engineered reinforcing solutions for the concrete construction industry, converting projects that are designed with conventional rebar to welded wire reinforcement,” Insteel says. “For many applications, the substitution of welded wire reinfo…
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