Insteel Industries, Inc. (NYSE:IIIN) will look for acquisitions. During the company?s fourth quarter 2023 earnings call, Howard Woltz, Chief Executive Officer said that ?Looking ahead, we're aware of rising risk related to the future performance of the U.S. economy, and we're monitoring the environment. We believe that in addition to elevated interest rates, heightened conservatism among customers that are concerned about the macro environment could be contributing to the slow market recovery.

In any event, we're well positioned to aggressively pursue actions to maximize shipments and optimize our costs and to pursue attractive growth opportunities, both organic and through acquisition?.