Podcast #22

“Company Aquisition”

Featuring Tyler Kime

Intro: Welcome to Profiles In Prosperity with your host David Heimer.

David Heimer: Hi, this is David Heimer, before we get into this podcast, I want to offer up an apology. We experienced a few audio difficulties. None of that is Tyler’s fault, the information that Tyler provides is excellent. We didn’t want to ask him to rerecord it with us. So we just tried to edit around it as best we can. So at times, it’s a little rough, but I think the content is worth it, so enjoy.

Greetings everyone, this is David Heimer, welcome to Profiles In Prosperity. Today, we get to talk with Tyler Kime. Tyler is the general manager of Standard Heating and Air. Standard is a large, very successful company located in Birmingham, Alabama. Before getting into our industry Tyler earned a degree in finance and he spent a few years in banking. Tyler is a very smart, interesting guy. I’m not the only person who thinks that. Last year Tyler was named to our industry’s prestigious 40 under 40 group, which recognizes the young leaders we’re going to be relying on in the future. So Tyler Kime, welcome to Profiles In Prosperity. And thank you for taking the time to talk with me. Tell us a bit about Standard Heating and Air Conditioning.

Tyler Kime: Okay, well Standard was started actually in 1939 here in Birmingham, Alabama. So we celebrated our 75th anniversary a couple of years back. The company started out as a roofing and heating company, and then as air conditioning got more prevalent and of course being down in the south, definitely a necessity these days moved out of the roofing and into air conditioning in the fifties and began to grow from there. It was started by a gentleman named Landis Williams. He started the company, his son came in after him, Bob Williams and then my father began working for the company in 1977. My father Tom had earned his electrical engineering degree from Auburn University and went to work for Tranquil Cooperation in Wisconsin, and eventually came back to his hometown of Birmingham and ended up going to work for Standard. So we’ve been around for a long time. Always been primarily focused on residential homes with a little bit of construction, but not too much. And we don’t do any new construction now.