Manufacturing Today Issue - 214 July 2023 | Page 107

_______________________________________________________________________________________________ Martin
Williams
“ The manufacturing industry has thrived since the pandemic largely due to shortage of supply and increased customer demand . In our sector , the vehicle shortage has driven an upsurge in buying and in turn , increased our workload in terms of rigid vehicle bodies . That said , several businesses have wound down operations due to increased materials , utility , and labor costs . As such , I envisage 2024 being a challenging time for keeping costs down and maintaining competitiveness .
“ I do predict another year of growth however , while balancing a heathy profit margin with sustainability and investing in future talent . In five years ,” Chris concludes , “ I would like to see the business in an even healthier position , financially , with greater growth and the potential to bring other organizations under the Martin Williams umbrella .” ■
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