Business View Magazine - April 2024

explains. “By aligning incentives with productivity, we’ve been able to attract and retain skilled labor, ensuring a steady workforce capable of meeting the demands of our expanding operations.” Fischer elaborates on additional challenges, including the delicate balance of pacing growth to synchronize with manufacturing capabilities and market demand. Like many companies, Newberry faced the challenge of managing fluctuations in the steel market, necessitating agile strategies to mitigate the impact of price volatility on production costs and customer relations. “In times of uncertainty, such as during the COVID-19 pandemic, maintaining steady revenue growth while navigating market fluctuations becomes paramount,” Fischer remarks. “Our ability to adapt and invest in production capabilities has allowed us to address these challenges effectively, ensuring minimal disruption to our operations and timely delivery to our customers.” www.centralpipe.com 3998 RUNWAY RD, MEMPHI S , TN 38118 The best selection of quality products! Top of the line products combined with a selection unparralleled in the Southeast.When you buy from Central Pipe Supply you can rest assured that you have the best part for the job. 141 BUSINESS VIEW MAGAZINE VOLUME 11, ISSUE 04 NEWBERRY TANKS & EQUIPMENT