Tommy Rowland
Hickory, NC (USA)
Role(s):
Other
Rowland Electric
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Startup
Location:
Hickory
Industry:
Construction
Year Founded:
2006
Number Employees:
1-10 people
Description:
A little about me. I am a licensed Electrical Contractor, Heating and Air Conditioning Contractor and General Contractor. I have been in construction all my adult life and was a multi-level, multi-trade building inspector.
My vision is a diversified company that can simultaneously tap the $70 billion electrical contracting market, the $75 billion heating and air conditioning market; as well as the housing market. The great thing about my vision is we can contract with homeowners, other general contractors, build houses ourselves (spec and custom), and even flip properties. Building houses and flipping properties would have the higher profit margins as we would not have sub out very much.
The economy is tough right now, and I will admit Track building has come to a halt. Custom building however is still going and service work is still going strong. People this day and time can not live without electricity, heat and air conditioning. Combine this with the fact that over 70% of the contractors out there today are over the age of 50 and there children have no interest in taking over the business, a lot of them are just closing the doors and retiring. It is said that in just 5 years we will start to see a shortage of trade contractors. This is a great time to establish a solid business and be ready when the shortage arrives.