Newberry Tanks Wins Gold at American Business Awards for Fourth Year in a Row

    WEST MEMPHIS, AR, May 02, 2023 /24-7PressRelease/ -- Newberry Tanks & Equipment, LLC, a leading manufacturer of oil and petroleum steel tanks and equipment, today announced that the company is the recipient of two Gold and one Silver Stevie® awards from the 2023 American Business Awards®. Honors for Newberry Tanks include:

• GOLD for Company of the Year – Metals and Mining
• GOLD for Achievement in Management
• SILVER for Support Staffer of the Year

More than 3,700 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories at the American Business Awards and more than 230 professionals worldwide participated in the judging process to select this year's Stevie Award winners.

Company of the Year – Metals and Mining
This marks the third consecutive Gold for Newberry Tanks as Company of the Year. With significant investments in training, facilities expansion and modernization, technology, and enhanced-delivery programs, Newberry took pieces put in place in 2021 and began snapping those into a comprehensive vision of the company's future growth. Shattering the original 10-year business plan, established with their Entrepreneurial Operating System (EOS), Newberry will achieve that end goal in half the time.

Judges noted:
"Newberry Tanks growth in revenue is quite significant, combined with the doubling of the manufacturing capacity is quite remarkable."

"Newberry's commitment to intentional innovation and customer-centric programs led to an unprecedented growth in revenue, infrastructure, and workforce, a 100% customer satisfaction rating, and the fastest delivery times in the US."

Achievement in Management
The ABA judges noted Newberry's transparency in the company vision and communication as factors in their success and tremendous momentum for the business. This vision netted significant investments in facilities and infrastructure, customer demand fulfillment, and corporate culture, culminating in increased revenue of 27% and 36% in 2021 and 2022, respectively, a 100% "Very Satisfied" customer rating, and very low turnover rates (11%).

Judges said:
"Newberry Tanks has achieved exceptional growth post-pandemic, despite supply chain disruptions and economic uncertainty, through implementing the Entrepreneurial Operating System (EOS)."

"Understanding the importance of a positive company culture, empowering employees and investing in cross-training and community involvement paid off."

"The expansion led to a 20% reduction in hours per unit and more sales. Customer survey shows a 100% satisfaction level."

Support Staffer of the Year – Nancy Sorrell
Nancy's overall positive influence on the business is evident in Newberry's 100% Customer satisfaction scores. ABA judges commented on her passion and dedication to her work, as noted by her coworkers who consider her the glue in their seamless operations.

One Judge said:
"Nancy is able to do what a million software programs and analytics teams couldn't, because she has heart, and the results speak for themselves...powerful metrics and fantastic testimony from the field."

Matt Kohnke, Newberry Tanks President and COO, said, "Thank you to the judges at the American Business Awards for this outstanding recognition. Newberry remains committed to our employees' success, continued customer satisfaction, and innovation in the industry."

About Newberry Tanks & Equipment, LLC
For more than 90 years, award-winning Newberry Tanks & Equipment has been manufacturing quality aboveground and underground steel tanks for the American supply chain and every branch of the U.S. military. The "think tank" of oil and petroleum storage, Newberry Tanks is intent on innovation: offering tanks on demand, dedicated customer service, turnkey solutions, and the fastest delivery in the country.

About the Stevie Awards
Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide.

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