In this episode of Sparking Success, host Aaron Opalewski interviews Bill Kozyra, a fourth-generation leader in the automotive industry. Bill shares his journey from working in large tier one automotive suppliers to acquiring and rebranding Wilko Plastics. The conversation delves into the challenges and strategies of business acquisitions, the importance of maintaining company culture during transitions, and the impact of COVID-19 on the automotive industry. Bill also discusses the role of technology and AI in manufacturing, the future of the automotive market, and his personal passion for cars and racing.

Takeaways

Bill Kozyra has over 20 years of experience in the automotive industry.

He acquired Wilko Plastics in July 2022, rebranding it from Alco Plastics.

Maintaining company culture is crucial during acquisitions.

Team retention and development are key to business success.

The automotive industry is facing uncertainty post-COVID.

AI and technology are becoming essential in manufacturing.

Bill emphasizes the importance of gradual change in business.

He values building relationships over using people for business.

The automotive market is experiencing fluctuations in demand and inventory.

Bill's passion for cars influences his leadership style.

Chapters

00:00 Introduction to Bill Kozyra and His Background

03:09 The Journey to Acquiring Wilko Plastics

06:06 Navigating Business Investments and Acquisitions

09:03 Building a New Company Culture

11:55 The Importance of Team Retention and Development

14:50 Adapting to Industry Changes Post-COVID

17:56 The Role of Technology and AI in Manufacturing

21:01 The Future of the Automotive Industry

23:57 Personal Insights on Cars and Racing

26:56 Conclusion and Final Thoughts