“We need to be able to tolerate this uncertainty and the fluctuations that we're undergoing right now and keep our eye on the long term goal of strengthening American manufacturing.”

-Hollie Noveletsky, Owner and CEO of Novel Iron Works

While many consumers and business owners feel uneasy about the Trump Administration’s use of tariffs, there is at least one group that views them as essential: steel fabricators.

Hollie Noveletsky, Owner and CEO of Novel Iron Works, and Stephen Capone, President of Capone Iron, have personally felt the negative impact that foreign competition and a lack of fair trade have had not only on their own businesses but on their overall communities. As Section 232 tariffs help incentivize domestic steel fabrication, they feel a sense of hope in protecting the security of American jobs and infrastructure.

In this episode of the Art of Supply podcast, Hollie and Stephen share their perspectives on:

• The importance of maintaining, growing, and preserving domestic steel fabrication capabilities
• Competition–and the factors that impact it–between between fabricators in New England and internationally
• Advice Hollie and Stephen have for decisionmakers who feel wary about impending tariffs and what this really means for the country

Links:

• Hollie Noveletsky on LinkedIn
• Stephen Capone on LinkedIn
• Noveletsky: I’m in the steel biz, Trump’s right about steel tariffs
• Art of Supply LinkedIn newsletter
• Art of Supply on AOP
• Subscribe to This Week in Procurement
• Stephen Capone on LinkedIn