Business View Magazine - April 2024

Newberry from being a top-10 regional distributor of Balcrank products to claiming the number-one spot nationwide, highlighting the synergy between the two entities. NAVIGATING AN EVOLVING LANDSCAPE For the fifth consecutive year, winning the Company of the Year title in metals and mining, at the American Business Awards, Newberry Tanks and Equipment has faced numerous challenges in navigating the turbulent manufacturing industry landscape. One prominent obstacle has been the scarcity of skilled labor, particularly evident during the tight 2022 and early 2023 labor market. Kohnke sheds light on the company’s strategy for addressing this issue, stressing implementing a pay-for-production system that grants welders autonomy over their earnings, incentivizing efficiency while maintaining quality standards. “Our unique pay-for-production system gives welders the autonomy to determine their earnings,” Kohnke Custom Mechanical Gauges ALL NEW GLASS TOP Option 1873 Siesta lane, green bay, WI 54313 920-434-8860 k s e n t r y . c om James Fischer, VP of Sales 140 BUSINESS VIEW MAGAZINE VOLUME 11, ISSUE 04