1 00:00:00,120 --> 00:00:03,840 Speaker 1: Asher Kasmin is the big dog. They didn't give me 2 00:00:03,880 --> 00:00:08,440 Speaker 1: his title at locksolutions dot com. The story behind this 3 00:00:09,600 --> 00:00:12,240 Speaker 1: is I put the word out the Houston Business Journal, 4 00:00:12,240 --> 00:00:16,239 Speaker 1: which I think does a wonderful job. It's a must 5 00:00:16,280 --> 00:00:20,279 Speaker 1: read for me. They do a digital version and a 6 00:00:20,320 --> 00:00:23,480 Speaker 1: print version, and Emily brings the mail in every day 7 00:00:23,480 --> 00:00:27,920 Speaker 1: at eleven when we finish, and she brings the Houston 8 00:00:27,960 --> 00:00:31,120 Speaker 1: Business Journal, and sometimes I will forward articles to her 9 00:00:31,160 --> 00:00:33,480 Speaker 1: that the digital comes out before the print, obviously because 10 00:00:33,479 --> 00:00:37,199 Speaker 1: the print has to print and mail. And she'll hand 11 00:00:37,240 --> 00:00:39,120 Speaker 1: me the paper and she'll say, why do you still 12 00:00:39,159 --> 00:00:41,640 Speaker 1: read the paper? You've already read the digital. I know 13 00:00:41,680 --> 00:00:43,280 Speaker 1: that because you sent me an article and told me 14 00:00:43,280 --> 00:00:47,599 Speaker 1: to call that guy. Well, I'm fifty three. I'm kind 15 00:00:47,600 --> 00:00:49,440 Speaker 1: of in that bridge between the old and the young. 16 00:00:50,040 --> 00:00:52,640 Speaker 1: The digital is nice because then it's I can forward 17 00:00:52,680 --> 00:00:56,000 Speaker 1: it and I like that and I can retain it. 18 00:00:56,880 --> 00:00:58,920 Speaker 1: But the print is nice because I like to hold 19 00:00:58,960 --> 00:01:00,959 Speaker 1: on to it and I like to tear things out 20 00:01:01,040 --> 00:01:03,440 Speaker 1: and send people a note with it on there, or 21 00:01:03,480 --> 00:01:07,080 Speaker 1: at least I intend to anyway. So Houston Business Journal 22 00:01:07,160 --> 00:01:10,840 Speaker 1: does something called the Fast fifty, and it's companies that 23 00:01:10,880 --> 00:01:14,080 Speaker 1: have had explosive growth over the last two years year 24 00:01:14,120 --> 00:01:18,319 Speaker 1: over year growth. So I took a photo of the 25 00:01:18,400 --> 00:01:20,679 Speaker 1: Fast fifty list and we've talked to some of those 26 00:01:20,680 --> 00:01:24,360 Speaker 1: folks and we'll be talking to more. And I posted 27 00:01:24,360 --> 00:01:27,040 Speaker 1: that to Facebook. I said, if anybody knows any of 28 00:01:27,080 --> 00:01:31,840 Speaker 1: these people, have them reach out to me Michael at 29 00:01:31,880 --> 00:01:34,000 Speaker 1: Michael Berryshow dot com or you can just go directly 30 00:01:34,040 --> 00:01:38,000 Speaker 1: to Michael Berryshow dot com. And out of fifty, I 31 00:01:38,160 --> 00:01:41,319 Speaker 1: probably heard from ten. You always hear from somebody that 32 00:01:41,480 --> 00:01:43,280 Speaker 1: knows of those people. Without them, I'm not going to 33 00:01:43,280 --> 00:01:48,600 Speaker 1: go tracking them down, but there were probably seven people 34 00:01:48,800 --> 00:01:52,200 Speaker 1: all in up to today who reached out to me 35 00:01:52,480 --> 00:01:56,080 Speaker 1: within the company of Locke Solutions. I have no idea 36 00:01:56,120 --> 00:02:00,000 Speaker 1: what they do, but I can tell you that they understand. Okay, 37 00:02:00,120 --> 00:02:03,400 Speaker 1: let me just give you this. He Saimal Tony may 38 00:02:03,480 --> 00:02:08,640 Speaker 1: not be a retail seller of vehicles, but Tony's going 39 00:02:08,720 --> 00:02:12,880 Speaker 1: to get dozens of calls today and he'll probably sell 40 00:02:12,919 --> 00:02:16,720 Speaker 1: some units out of it. If Tony didn't take that call, 41 00:02:17,600 --> 00:02:20,960 Speaker 1: he doesn't sell those units. So what people will do 42 00:02:21,040 --> 00:02:22,560 Speaker 1: is they sit in meetings all day try to figure 43 00:02:22,560 --> 00:02:25,080 Speaker 1: out how to grow their business. I'll tell you how 44 00:02:25,120 --> 00:02:28,880 Speaker 1: to grow your business. If everybody in the world knows 45 00:02:28,919 --> 00:02:30,200 Speaker 1: who you are and what you do and how to 46 00:02:30,240 --> 00:02:32,760 Speaker 1: reach you, the rest will take care of himself. Just 47 00:02:32,800 --> 00:02:35,840 Speaker 1: do what you do well. But if you don't tell 48 00:02:35,880 --> 00:02:40,200 Speaker 1: anybody what you do, businesses die because nobody knows what 49 00:02:40,240 --> 00:02:44,440 Speaker 1: they do, much more so than that they're not good 50 00:02:44,520 --> 00:02:47,680 Speaker 1: at what they do. Restaurants die not because the food's 51 00:02:47,720 --> 00:02:50,880 Speaker 1: not good, the people don't try, the chef didn't create 52 00:02:51,520 --> 00:02:54,520 Speaker 1: because there's so many other places to go. It is 53 00:02:54,560 --> 00:02:57,680 Speaker 1: a constant battle. You see how often mac is in 54 00:02:57,680 --> 00:03:00,519 Speaker 1: the news. Do you know what that costs, not only 55 00:03:00,560 --> 00:03:04,320 Speaker 1: in time but in energy. If you are not doing 56 00:03:04,440 --> 00:03:09,840 Speaker 1: everything you can to remind people you're here, you're dying. 57 00:03:10,280 --> 00:03:14,760 Speaker 1: Competition is a beautiful thing, but it's also vicious. Businesses 58 00:03:14,800 --> 00:03:19,799 Speaker 1: are dying every single day. Other businesses are growing at 59 00:03:19,800 --> 00:03:24,120 Speaker 1: the same time. It's not accidental. It's not luck. So 60 00:03:24,960 --> 00:03:27,600 Speaker 1: asher Kasmin? Is it Kasmin? Is that how you pronounce it? 61 00:03:28,840 --> 00:03:29,640 Speaker 2: Yeah? That's correct? 62 00:03:29,720 --> 00:03:32,160 Speaker 1: Is that Jewish? 63 00:03:32,280 --> 00:03:33,200 Speaker 2: It is? Actually? 64 00:03:33,280 --> 00:03:35,600 Speaker 1: Where are they Ashkenese Jews? Where are they from? 65 00:03:37,560 --> 00:03:40,560 Speaker 2: That is amazing. I did a twenty three and meters 66 00:03:40,560 --> 00:03:44,960 Speaker 2: and it is it is Ashcanazi, And I think it's 67 00:03:45,040 --> 00:03:46,960 Speaker 2: kind of Eastern European. 68 00:03:47,280 --> 00:03:49,720 Speaker 1: Well, that's where the Ashcanazis were, but you don't know 69 00:03:49,760 --> 00:03:51,720 Speaker 1: where Russia Poland. 70 00:03:52,720 --> 00:03:55,640 Speaker 2: No, I really don't, and I really don't. I don't 71 00:03:55,720 --> 00:03:58,120 Speaker 2: go back. I'm a Christian myself, but I don't go back, 72 00:03:59,640 --> 00:04:01,520 Speaker 2: and a whole lot on that side of the family. 73 00:04:01,720 --> 00:04:03,440 Speaker 1: I'll do it for you, don't worry. We'll do that 74 00:04:03,480 --> 00:04:07,640 Speaker 1: when we get off the air. What does Lock Solutions do? 75 00:04:10,000 --> 00:04:15,480 Speaker 2: Yeah, so we are a pre cast concrete manufacturing company, 76 00:04:16,080 --> 00:04:19,680 Speaker 2: and so to kind of put it in a little 77 00:04:19,680 --> 00:04:22,799 Speaker 2: bit more plainer terms, when you see manhole cover. 78 00:04:22,760 --> 00:04:24,840 Speaker 1: Asher, hold on, we were so flowsome that we missed 79 00:04:24,839 --> 00:04:28,480 Speaker 1: a break. Wait right there, so you goofball, What were 80 00:04:28,480 --> 00:04:32,120 Speaker 1: you doing? You were looking up his company? We were 81 00:04:32,160 --> 00:04:34,400 Speaker 1: supposed to go to break. Are you in need of 82 00:04:34,400 --> 00:04:38,080 Speaker 1: any pre cast concrete, doomstones or cop cars or something? 83 00:04:38,200 --> 00:04:43,040 Speaker 1: I don't You still don't know what they do. The 84 00:04:43,120 --> 00:04:48,320 Speaker 1: Michael Berry Show lockel o c K Solutions dot Com. 85 00:04:48,320 --> 00:04:52,040 Speaker 1: Asher Kasmin is our guest. Asher. I'm just going to 86 00:04:52,080 --> 00:04:56,040 Speaker 1: be honest. You don't look like a guy. You don't 87 00:04:56,120 --> 00:04:59,039 Speaker 1: dress and present yourself like a guy who runs a 88 00:04:59,080 --> 00:05:01,840 Speaker 1: company like that. You seem more kind of like a 89 00:05:01,839 --> 00:05:05,920 Speaker 1: finance company, like you obviously have a custom hairdoo. You 90 00:05:06,279 --> 00:05:09,080 Speaker 1: know you're kind of styled, you know what I mean? 91 00:05:13,240 --> 00:05:13,680 Speaker 2: I don't know. 92 00:05:14,200 --> 00:05:17,000 Speaker 1: You know who looks like the CEO of your company? 93 00:05:17,320 --> 00:05:23,440 Speaker 1: Michael Luck. He's got more of the look hey out 94 00:05:23,480 --> 00:05:26,600 Speaker 1: of out of your senior guys, Asher Kasman, Michael Luck, 95 00:05:26,720 --> 00:05:29,840 Speaker 1: David Aspino, he'd be a Spino, would be the guy 96 00:05:30,000 --> 00:05:32,280 Speaker 1: most want to have a beer with. He looks real cheered, 97 00:05:32,520 --> 00:05:35,240 Speaker 1: a real chilled, but my guess is beer is not 98 00:05:35,360 --> 00:05:37,400 Speaker 1: his thing. He seems kind of more like a four 99 00:05:37,440 --> 00:05:44,440 Speaker 1: to two ozero guy. Richard Burke, Chelsea and Chat Hunh. 100 00:05:44,680 --> 00:05:45,960 Speaker 2: He's more of a tequila guy. 101 00:05:46,279 --> 00:05:48,479 Speaker 1: Okay, I can see that he'd be the guy, just 102 00:05:48,640 --> 00:05:50,560 Speaker 1: judging by the look i'd most want to have a 103 00:05:50,640 --> 00:05:53,360 Speaker 1: drink with, because he seems like he's got he seems 104 00:05:53,360 --> 00:05:55,680 Speaker 1: like he has some some interest, like maybe he's got 105 00:05:55,760 --> 00:06:01,080 Speaker 1: a resto mod you know, trau or a sixty seven 106 00:06:01,160 --> 00:06:03,520 Speaker 1: Cadillac one inch off the ground. He seems like he'd 107 00:06:03,520 --> 00:06:06,360 Speaker 1: be a cool cat. Out of those six, only one 108 00:06:06,400 --> 00:06:10,960 Speaker 1: of y'all has the university from which you graduated in 109 00:06:11,000 --> 00:06:13,680 Speaker 1: your bio on the our team section, can you guess 110 00:06:13,720 --> 00:06:26,640 Speaker 1: who that is. It's not you, Hm, maybe huh? 111 00:06:26,839 --> 00:06:27,640 Speaker 2: Is it Michael Luck? 112 00:06:27,839 --> 00:06:30,040 Speaker 1: Nope, this tells you everything you need to know about 113 00:06:30,080 --> 00:06:30,799 Speaker 1: this university. 114 00:06:31,960 --> 00:06:35,320 Speaker 2: It's Chad arp and he's an aggie and so am I. 115 00:06:35,440 --> 00:06:37,520 Speaker 1: Oh, well, you don't tell it. You probably don't want 116 00:06:37,560 --> 00:06:39,120 Speaker 1: them hitting you up because they got to pay that 117 00:06:39,200 --> 00:06:42,080 Speaker 1: seventy five million dollars they paid Jimbo to leave, and 118 00:06:42,080 --> 00:06:44,960 Speaker 1: they've already cut the baseball field and had There's only 119 00:06:45,000 --> 00:06:47,760 Speaker 1: so many George Strait concerts you can have to make 120 00:06:47,839 --> 00:06:50,680 Speaker 1: up the difference. He's the only one that tells you 121 00:06:50,760 --> 00:06:53,279 Speaker 1: everything you need to know about that university. I don't 122 00:06:53,279 --> 00:06:56,159 Speaker 1: care what happens on that campus. You can argue over 123 00:06:56,200 --> 00:06:58,719 Speaker 1: which university is the best and this there is no 124 00:06:58,960 --> 00:07:05,200 Speaker 1: place that the aduates will introduce themselves the trademark Howdy 125 00:07:06,000 --> 00:07:11,040 Speaker 1: like they do. There's LSU, Harvard, Yale, Miami Alabama. There 126 00:07:11,120 --> 00:07:14,200 Speaker 1: is no place that people are prouder that they are 127 00:07:14,920 --> 00:07:19,119 Speaker 1: from than Texas, A and M. That's the fact. 128 00:07:19,240 --> 00:07:22,119 Speaker 2: Yep. When you when you go there, you realize why 129 00:07:22,200 --> 00:07:24,160 Speaker 2: it's hard. It's hard to tell from the outside. That's 130 00:07:24,160 --> 00:07:24,840 Speaker 2: what they say. 131 00:07:24,960 --> 00:07:27,640 Speaker 1: So you kind of bragged with the pe after your 132 00:07:27,720 --> 00:07:31,040 Speaker 1: name professional engineer, What is your engineering degree? In what year? 133 00:07:31,160 --> 00:07:33,360 Speaker 1: And why don't you have A and M on your bio? 134 00:07:35,560 --> 00:07:37,920 Speaker 2: Well, and I'm not sure which bio you're referring to, 135 00:07:37,960 --> 00:07:38,560 Speaker 2: but I'm. 136 00:07:38,520 --> 00:07:42,440 Speaker 1: On your website, Kasman. Oh, would you like me to 137 00:07:42,520 --> 00:07:44,680 Speaker 1: read it to you? You probably don't know, You'll probably have. 138 00:07:45,320 --> 00:07:48,760 Speaker 1: With over two decades of designing structural precast products and 139 00:07:48,800 --> 00:07:52,880 Speaker 1: concrete mix designs for the electrical, power, communication, water, and 140 00:07:52,920 --> 00:07:57,520 Speaker 1: industrial sectors, Asher is focused on creating solutions in the 141 00:07:57,560 --> 00:08:01,960 Speaker 1: construction industry. More important, he is dedicated to helping make 142 00:08:02,000 --> 00:08:04,200 Speaker 1: a positive impact in the lives of his friends and family, 143 00:08:04,240 --> 00:08:08,160 Speaker 1: including his coworkers, customers, and vendor partners. Our focus as 144 00:08:08,160 --> 00:08:11,240 Speaker 1: a company is to create an environment that challenges our 145 00:08:11,280 --> 00:08:14,520 Speaker 1: people and provides them opportunities to grow personally and in 146 00:08:14,560 --> 00:08:17,520 Speaker 1: their careers. We continue to build a team and culture 147 00:08:17,560 --> 00:08:20,120 Speaker 1: aligned with our values, which has in turn created a 148 00:08:20,200 --> 00:08:24,360 Speaker 1: high functioning organization with a focus on a responsive customer service. 149 00:08:24,840 --> 00:08:27,600 Speaker 1: We will be remembered as a company making a lasting 150 00:08:27,640 --> 00:08:30,800 Speaker 1: impact in the lives of our people and partners. Nothing 151 00:08:30,840 --> 00:08:31,520 Speaker 1: really about you. 152 00:08:31,520 --> 00:08:35,839 Speaker 2: Asher, Well, it's not about me. I mean, that's that's 153 00:08:36,120 --> 00:08:36,600 Speaker 2: the thing. 154 00:08:36,840 --> 00:08:38,520 Speaker 1: I know, but when I went to that page, I 155 00:08:38,600 --> 00:08:41,840 Speaker 1: kind of wanted to know about you. That's kind of 156 00:08:41,880 --> 00:08:45,080 Speaker 1: mission statement stuff. Also, Asher doesn't sound like the kind 157 00:08:45,120 --> 00:08:48,480 Speaker 1: of name of a guy that's in pre cast concrete. 158 00:08:49,720 --> 00:08:51,360 Speaker 2: Well, I'm trying to change. 159 00:08:51,120 --> 00:08:54,960 Speaker 1: That's that's kind of that's kind of a New York 160 00:08:55,000 --> 00:08:59,720 Speaker 1: private equity guy. Look him up see Ramona Grees. So 161 00:08:59,840 --> 00:09:02,319 Speaker 1: do did you start this company? 162 00:09:02,480 --> 00:09:04,640 Speaker 2: I did? I did it. Yeah, I founded it back 163 00:09:04,679 --> 00:09:11,920 Speaker 2: in twenty thirteen. And and actually Michael Luck he was 164 00:09:12,559 --> 00:09:16,600 Speaker 2: employee number two and a guy I had worked with 165 00:09:16,679 --> 00:09:20,959 Speaker 2: for a while. And yeah, we started from nothing from scratch. 166 00:09:22,520 --> 00:09:24,440 Speaker 1: Well, y'all have obviously done very well. 167 00:09:28,320 --> 00:09:30,719 Speaker 2: It's been good. We've had a good We've had our 168 00:09:30,720 --> 00:09:34,200 Speaker 2: growth spurts over the years. I mean, we're about to 169 00:09:34,200 --> 00:09:35,840 Speaker 2: be at twelve years at the end of this year, 170 00:09:36,440 --> 00:09:39,600 Speaker 2: and we've gone through some really good patches and you know, 171 00:09:39,640 --> 00:09:41,600 Speaker 2: but to be honest, there's been a lot of challenges 172 00:09:41,640 --> 00:09:44,840 Speaker 2: as well. So it hasn't been all roses the whole time. 173 00:09:45,840 --> 00:09:49,320 Speaker 2: But we've definitely, especially over the last several years, have 174 00:09:49,880 --> 00:09:55,040 Speaker 2: seen a lot of growth obviously, and you know, but 175 00:09:55,280 --> 00:09:59,679 Speaker 2: really it is you go back to that bio. It's 176 00:09:59,720 --> 00:10:03,199 Speaker 2: really the team that's gotten us there. That the growth 177 00:10:03,320 --> 00:10:09,040 Speaker 2: of our company really started to accelerate when I I think, 178 00:10:09,040 --> 00:10:11,079 Speaker 2: what I realized, I need to get out of the 179 00:10:11,120 --> 00:10:14,679 Speaker 2: way and stop being such a bottleneck and start, you know, 180 00:10:15,240 --> 00:10:18,000 Speaker 2: letting our team really you know, grow the business. And 181 00:10:18,040 --> 00:10:20,800 Speaker 2: that's when we started seeing this acceleration. So that leadership 182 00:10:20,840 --> 00:10:24,360 Speaker 2: team you just talked about huge part of why we 183 00:10:24,840 --> 00:10:26,280 Speaker 2: made this list this year. 184 00:10:26,520 --> 00:10:31,840 Speaker 1: Asher take exactly sixty seconds and explain what pre cast 185 00:10:32,280 --> 00:10:36,240 Speaker 1: concrete is, Ramon, can you count us down sixty seconds. 186 00:10:36,600 --> 00:10:40,400 Speaker 1: Let's hear your elevator. This is to your kids' fourth 187 00:10:40,440 --> 00:10:41,080 Speaker 1: grade class. 188 00:10:41,120 --> 00:10:45,880 Speaker 2: Go okay, So there's a lot of pre cast, prefabricated 189 00:10:45,920 --> 00:10:48,800 Speaker 2: concrete out there. But what we do, what we focus 190 00:10:48,920 --> 00:10:54,160 Speaker 2: on is mainly structures that are underground that are used 191 00:10:54,160 --> 00:10:58,880 Speaker 2: for accessing and protecting a lot of the underground utility. 192 00:10:59,040 --> 00:11:04,320 Speaker 2: So when you're running power lines underground, communication fiber, when 193 00:11:04,320 --> 00:11:10,200 Speaker 2: you have dormwater drainage going underground, there's a whole system 194 00:11:10,640 --> 00:11:14,640 Speaker 2: under there, and so we we design and manufacture the 195 00:11:14,720 --> 00:11:18,240 Speaker 2: concrete structures that are all underground. So when you see 196 00:11:18,240 --> 00:11:21,480 Speaker 2: a manhole cover or you see a door in the 197 00:11:20,840 --> 00:11:25,760 Speaker 2: in the roadway, what's under there is a concrete room 198 00:11:26,280 --> 00:11:28,920 Speaker 2: of some size, and that's what we're making. And so 199 00:11:29,679 --> 00:11:34,520 Speaker 2: our focus is really on more specially custom engineered structures, 200 00:11:35,160 --> 00:11:37,960 Speaker 2: and we typically we find ourselves doing a lot of 201 00:11:38,679 --> 00:11:42,000 Speaker 2: industrial type project facility. 202 00:11:43,040 --> 00:11:44,480 Speaker 1: I know you're going to think I'm kidding you, but 203 00:11:44,520 --> 00:11:47,640 Speaker 1: I'm not. I think that's fascinating, all the stuff that 204 00:11:47,720 --> 00:11:49,760 Speaker 1: goes on that we never see in the brain power 205 00:11:49,760 --> 00:11:52,679 Speaker 1: that goes nine of this country. I will die for 206 00:11:52,800 --> 00:11:56,280 Speaker 1: display to Michael Berry shows a big honor to be 207 00:11:57,080 --> 00:11:59,920 Speaker 1: living in the United States. How did you come up 208 00:12:00,160 --> 00:12:03,280 Speaker 1: the name Locke? Locke? Is that for John Locke? Is 209 00:12:03,320 --> 00:12:06,079 Speaker 1: it trustworthy? 210 00:12:07,320 --> 00:12:09,839 Speaker 2: It's a real It felt like it's a real solid name. 211 00:12:09,880 --> 00:12:13,880 Speaker 2: But it's actually the name of my first my firstborn, 212 00:12:13,960 --> 00:12:16,319 Speaker 2: my son Locke, who's thirteen years old. 213 00:12:17,960 --> 00:12:22,400 Speaker 1: Locke Sebenhauser. What was his name? I always wonder when 214 00:12:22,400 --> 00:12:25,320 Speaker 1: people do that, when you name the company after your kid, 215 00:12:25,320 --> 00:12:26,400 Speaker 1: what are the other kids think? 216 00:12:28,520 --> 00:12:31,800 Speaker 2: Yeah, that's you're right. My wife would tell me I 217 00:12:31,840 --> 00:12:34,400 Speaker 2: was pretty short sighted. I've got two girls who are 218 00:12:34,640 --> 00:12:40,440 Speaker 2: are younger, but at the time when I actually created 219 00:12:39,720 --> 00:12:45,000 Speaker 2: the name, I only had one. But the two other 220 00:12:45,080 --> 00:12:49,160 Speaker 2: girls later on were not very happy when they kind 221 00:12:49,160 --> 00:12:51,000 Speaker 2: of started to realize what happened. 222 00:12:52,120 --> 00:12:55,920 Speaker 1: So I normally like to start a conversation where somebody 223 00:12:55,920 --> 00:12:58,120 Speaker 1: doesn't know where we're going with some kind of off putting, 224 00:12:58,200 --> 00:13:01,600 Speaker 1: awkward questions just to see how they handle them, and 225 00:13:01,640 --> 00:13:03,760 Speaker 1: then we get into the normal stuff. So I'm going 226 00:13:03,840 --> 00:13:08,440 Speaker 1: to move to phase two with your permission. All right, 227 00:13:09,559 --> 00:13:12,120 Speaker 1: was anything I asked sort of awkward or you thought 228 00:13:12,160 --> 00:13:14,240 Speaker 1: to yourself, how did we end up there? 229 00:13:16,200 --> 00:13:18,280 Speaker 2: No, no, not at all. I just check it. 230 00:13:19,000 --> 00:13:21,800 Speaker 1: Uh so, so tell me who are your biggest clients 231 00:13:21,800 --> 00:13:23,040 Speaker 1: who buys this stuff? 232 00:13:25,120 --> 00:13:28,400 Speaker 2: We are are bigger clients, so we deal. 233 00:13:28,200 --> 00:13:30,840 Speaker 1: With I got they all said you could, you could 234 00:13:30,840 --> 00:13:31,920 Speaker 1: tell their name. They don't mind. 235 00:13:32,640 --> 00:13:36,480 Speaker 2: Uh Well, I mean generally speaking that we work with 236 00:13:36,559 --> 00:13:41,040 Speaker 2: firms that are dealing with industrial and really heavy commercial projects. 237 00:13:41,040 --> 00:13:46,480 Speaker 2: So a lot of EPC engineering, procurement, construction firms. 238 00:13:47,200 --> 00:13:49,640 Speaker 1: Okay, I'm a big boy, no contract. 239 00:13:50,960 --> 00:13:53,559 Speaker 2: Well okay, I mean, just to give you some examples, 240 00:13:53,559 --> 00:13:59,320 Speaker 2: some people like the Bechdels, the Floors, Zachary's, McCarthy's, those 241 00:13:59,360 --> 00:14:04,959 Speaker 2: kind of companies. Is that they do, they are and 242 00:14:05,000 --> 00:14:08,840 Speaker 2: they do complex projects. And that's where we find ourselves 243 00:14:08,920 --> 00:14:12,000 Speaker 2: because of the custom nature. You know of our work, 244 00:14:12,400 --> 00:14:14,280 Speaker 2: we find ourselves in those kind of projects. 245 00:14:16,360 --> 00:14:19,120 Speaker 1: I asked my friend Dane Berson. He owns a company 246 00:14:19,200 --> 00:14:24,960 Speaker 1: called Accurate meter in Supply and they do like meter boxes, 247 00:14:25,080 --> 00:14:28,520 Speaker 1: underground pipes and things like that. And I said, do 248 00:14:28,600 --> 00:14:33,160 Speaker 1: you know Locke Solutions. It's a precast concrete concrete product company. 249 00:14:33,240 --> 00:14:36,680 Speaker 1: Is it a competitor or a supplier? And he said, 250 00:14:36,720 --> 00:14:39,440 Speaker 1: we use their competitors. And I said who is that? 251 00:14:40,200 --> 00:14:46,120 Speaker 1: And he said rock Solid del Zato Oldcastle, South Houston precast. 252 00:14:46,880 --> 00:14:49,640 Speaker 1: So I said, why not Lock? And he said, well, 253 00:14:50,440 --> 00:14:52,720 Speaker 1: we were already using the others when they were starting, 254 00:14:53,200 --> 00:14:57,239 Speaker 1: and Lock tends to be more electrical and communication type projects. 255 00:14:58,000 --> 00:15:00,160 Speaker 1: Is that perception true? 256 00:15:01,920 --> 00:15:05,680 Speaker 2: That that is true? So when we first started, you know, 257 00:15:05,800 --> 00:15:08,840 Speaker 2: those those were the areas that we focused on. But 258 00:15:09,440 --> 00:15:13,760 Speaker 2: those other precasters you just named, those are good companies. 259 00:15:13,840 --> 00:15:18,840 Speaker 2: We don't compete directly with most of them, so there's 260 00:15:18,880 --> 00:15:21,040 Speaker 2: a lot of pre cast type products you can make. 261 00:15:21,480 --> 00:15:26,560 Speaker 2: Those particular companies tend to do more standard, what I 262 00:15:26,920 --> 00:15:28,960 Speaker 2: consider commodity type products. 263 00:15:29,280 --> 00:15:31,560 Speaker 1: You see what he's doing, and that's like they're not 264 00:15:31,680 --> 00:15:36,720 Speaker 1: really competitors. They're great guys. If you want boring trash. 265 00:15:36,920 --> 00:15:40,720 Speaker 1: What we do is specialized, value added, highly sophisticated. But 266 00:15:40,760 --> 00:15:43,200 Speaker 1: those guys are great. I mean sometimes you need, you know, 267 00:15:43,240 --> 00:15:46,560 Speaker 1: your basic run of the mill. I love that aster 268 00:15:46,720 --> 00:15:47,120 Speaker 1: keep going. 269 00:15:48,320 --> 00:15:50,720 Speaker 2: You couldn't have said it better. But that's the truth. 270 00:15:50,760 --> 00:15:54,080 Speaker 2: And that's that's typical of the pre cast industry to 271 00:15:54,680 --> 00:15:58,240 Speaker 2: be efficient, make the same product day in, day out. 272 00:15:59,120 --> 00:16:01,720 Speaker 2: But we're a little bit of a niche, so we 273 00:16:01,840 --> 00:16:05,120 Speaker 2: focus on areas that other pre cast companies really don't 274 00:16:05,360 --> 00:16:06,880 Speaker 2: don't want to go play in. 275 00:16:07,080 --> 00:16:09,120 Speaker 1: So if one of these big always like a Bechtel, 276 00:16:09,280 --> 00:16:13,040 Speaker 1: makes a purchase from you, and we're talking you're you're 277 00:16:13,080 --> 00:16:17,800 Speaker 1: not sending out a po or invoice for you know, 278 00:16:17,960 --> 00:16:21,680 Speaker 1: four thousand dollars, we're talking a million, four million, eight 279 00:16:21,760 --> 00:16:22,560 Speaker 1: million a pop. 280 00:16:24,880 --> 00:16:27,880 Speaker 2: Yeah. The projects, yeah, the projects we get involved in, now, 281 00:16:27,920 --> 00:16:30,560 Speaker 2: I will tell you we do. We will do projects 282 00:16:30,600 --> 00:16:33,520 Speaker 2: that are four thousand dollars, but we'll do projects that 283 00:16:33,560 --> 00:16:38,640 Speaker 2: are twenty million dollars, so anywhere in between. But but yeah, 284 00:16:38,720 --> 00:16:41,600 Speaker 2: we tend to find ourselves on those larger, more complex 285 00:16:41,640 --> 00:16:46,160 Speaker 2: projects that require you know, really custom engineered product. 286 00:16:46,280 --> 00:16:48,080 Speaker 1: Yeah, not that run of the meal stuff like those 287 00:16:48,080 --> 00:16:49,800 Speaker 1: other companies. All Right, I got a minute and a half. 288 00:16:49,800 --> 00:16:53,040 Speaker 1: I want to ask you this twenty thirteen. This, this 289 00:16:53,120 --> 00:16:55,360 Speaker 1: business requires a lot of capital. How did you start? 290 00:16:55,360 --> 00:16:57,720 Speaker 1: Did you have equity behind you? Do you have investors? 291 00:16:58,200 --> 00:16:58,880 Speaker 1: What did you do? 292 00:16:59,480 --> 00:17:02,960 Speaker 2: I went out and uh convinced the bank to give 293 00:17:03,000 --> 00:17:05,199 Speaker 2: me a small business loan, which I did have a 294 00:17:05,240 --> 00:17:08,640 Speaker 2: few uh wells Fargo is actually the one I started with, 295 00:17:09,880 --> 00:17:12,480 Speaker 2: and a few friends and family that that put in 296 00:17:12,600 --> 00:17:15,560 Speaker 2: some initial seed money with me, and and that's how 297 00:17:15,600 --> 00:17:18,880 Speaker 2: we started it. You know, really a lot of capital. Good, 298 00:17:20,320 --> 00:17:23,040 Speaker 2: there's a lot of capital involved, you're right, the equipment, 299 00:17:23,280 --> 00:17:26,080 Speaker 2: you know, just the nature of manufacturing and bringing in Like, 300 00:17:26,359 --> 00:17:27,080 Speaker 2: I'm looking. 301 00:17:26,880 --> 00:17:28,840 Speaker 1: At what y'all do? What was your initial raise? 302 00:17:30,760 --> 00:17:32,440 Speaker 2: We started with a million dollars? 303 00:17:32,800 --> 00:17:36,800 Speaker 1: Are you serious to do what y'all do? That's uh, 304 00:17:36,840 --> 00:17:39,400 Speaker 1: that's aggressive. Good for you, and you don't get paid 305 00:17:39,480 --> 00:17:42,040 Speaker 1: till the back end. That business is terrible for that. 306 00:17:42,600 --> 00:17:46,720 Speaker 2: It's worse in restaurants. The cast cycle is very difficult. 307 00:17:46,800 --> 00:17:47,719 Speaker 1: Yes, what did y'all make? 308 00:17:50,040 --> 00:17:51,240 Speaker 2: We did fifty four million? 309 00:17:51,359 --> 00:17:52,480 Speaker 1: And what will you do this year? 310 00:17:54,320 --> 00:17:56,359 Speaker 2: We'll do north of sixty. 311 00:17:56,960 --> 00:17:58,040 Speaker 1: Wow, how many employees? 312 00:18:00,000 --> 00:18:02,160 Speaker 2: I've got about one hundred and eighty five right now? 313 00:18:02,640 --> 00:18:05,280 Speaker 1: Is I saw you had a plant? Do people call 314 00:18:05,359 --> 00:18:07,760 Speaker 1: that instead of Alvarado? Do they call that Alvaredo? Have 315 00:18:07,840 --> 00:18:08,320 Speaker 1: I heard that? 316 00:18:09,960 --> 00:18:11,639 Speaker 2: Yeah? We say Alvaredo. 317 00:18:12,119 --> 00:18:14,560 Speaker 1: Okay, yeah, I've heard that. I don't know why that is. 318 00:18:16,200 --> 00:18:19,080 Speaker 1: So you have two plants and you have one hundred 319 00:18:19,080 --> 00:18:21,960 Speaker 1: and eighty five employees. How many of those are in operations? 320 00:18:22,480 --> 00:18:24,400 Speaker 1: I mean non sales, non admin? 321 00:18:26,240 --> 00:18:28,879 Speaker 2: Yeah, so we actually have three operations. We have another 322 00:18:28,920 --> 00:18:33,399 Speaker 2: one down by Victoria, Texas as well, But out of 323 00:18:33,440 --> 00:18:35,880 Speaker 2: those one hundred and eighty five, I would say about 324 00:18:35,920 --> 00:18:42,879 Speaker 2: one hundred and twenty or producing on the floor, producing product. 325 00:18:44,160 --> 00:18:47,160 Speaker 1: I'm impressed. I love these stories. Asher, all kidding asides, 326 00:18:47,280 --> 00:18:49,360 Speaker 1: It's very impressive what you've done. Good for you. 327 00:18:50,520 --> 00:18:51,280 Speaker 2: I appreciate it. 328 00:18:54,040 --> 00:18:54,840 Speaker 1: I think we should be. 329 00:18:54,760 --> 00:18:55,200 Speaker 2: Friends with you. 330 00:18:55,480 --> 00:18:57,000 Speaker 1: They're on all me to Genoe. You want to go 331 00:18:57,080 --> 00:18:59,480 Speaker 1: to it with me? If I have if they'll probably 332 00:18:59,480 --> 00:19:01,879 Speaker 1: want to have a long What would we want? Something 333 00:19:02,400 --> 00:19:04,960 Speaker 1: must be right? You are listening to Michael Berry