Business View Magazine l January 2023

63 BUSINESS VIEW MAGAZINE VOLUME 9, ISSUE 12 NEWBERRY TANKS & EQUI PMENT meant for lube storage and utilization. “In 2021, we realized that our facility in Memphis for rectangular tanks was not large enough for the volume of business that we had and it certainly wasn’t going to handle any future growth in that business,” Kohnke relates. “We bought an existing facility not too far from it that effectively doubled the amount of manufacturing space. Today, that facility is set up for an efficient flow of material from the time that the raw steel comes in, to the time that it’s put into production in welding cells, to the time that it makes its way onto a conveyor and flows into a brand new, state-of-the-art paint booth. So, that’s a significant process improvement in that facility. It also allows us to expand to meet our significant growth targets in the future.” “From a people perspective, when we left our old Channel Ave location in Memphis, we had about seven employees working on the floor,” Kohnke adds. “Today we’re up to 12 and by the beginning of the first quarter of 2023, we should have From a people perspective, when we left our old Channel Ave location in Memphis, we had about seven employees working on the floor,” Kohnke adds.“Today we’re up to 12 and by the beginning of the first quarter of 2023, we should have 16 or 17 employees working on the floor, plus the corresponding support resources including engineering to production management.” Matt Kohnke, President and CEO