Jerome Gentolia, Chief Operating Officer of Oxford Group Services, is in talks with Vehicle Reclamation Services of Maryland, LLC (VRS) concerning their state-of-the-art vehicle reclamation/disassembly operations project.
In the USA alone there are over 18 million vehicles a year that reach the end of their useful life (EOLVs) or are to be scrapped at the traditional, open-air junk yards/shredders. These numbers will increase in 2009 from the impact of the Cash-for-Clunkers U.S. government program and are estimated to increase to over 20 million for 2010. VRS provides an indoor, environmentally friendly system that reclaims significantly more(99.5%) of the reusable constituent parts, materials and products than the traditional junk yard (40% to 60%)would and provides efficient removal of scrap metals, plastics, glass, rubber and other products to be sold in commodity lot sizes so that they can be recycled into new products by others. VRS will process a high volume of vehicles on the semi-automated disassembly line. This is based on a proven Dutch-manufactured system that can be built on a relatively small site.
Starting with one facility, VRS plans to acquire large numbers of EOLVs or scrap vehicles, disassemble the reusable parts to reclaim them for refurbishment or resale and process the remaining uncross-contaminated scrap. One center at full operation has the potential of providing scrap metal that would come from hundreds of junkyards, making it much more convenient and cost-effective for the purchaser. This one-stop shop also reclaims a much higher percentage of the vehicle's parts for resale than the traditional junkyard. They have already begun discussions with several companies to acquire EOLVs and scrap vehicles as well as for purchase agreements for the reclaimed materials and parts. Initial studies conservatively estimates that the United States alone could support more than 100 centers.
VRS has an experienced management team led by the founder, Mr. Gary R. Sander. They have already assembled several people with exceptional expertise in their respective fields. Mr. Sander has been involved in the manufacturing, construction, steel and chemical industries and his team has experience ranging from automotive and plastics industries to plant management and environmental engineering.
Jerome Gentolia has been keeping a close eye on the project as it has many of the qualities that Unilion Oxford Group is looking for in new projects. It uses state-of-the-art technology that also has a proven track record. It is economically viable and also environmentally friendly. Lastly, it will be generating income within 12 months.
Jerome Gentolia is the Chief Operating Officer of Oxford Group Services and also the Senior Vice President of Unilion Development Group, a private equity firm. He can be reached at jgentolia@uhl-unilion.com.
Jerome Gentolia is in talks with Vehicle Reclamations Services of Maryland, LLC (VRS).
With over 18 million automobiles reaching their end of usefulness each year, the market is open for a modern state-of-the-art automobile disassembly system. Unlike traditional open-air shredder/junkyards, the VRS system is an indoor operation that is environmentally sound, can handle large volumes, and produces more reclaimed materials and parts than a traditional yard would. The technology is based on an existing Dutch manufactured system that is already proven in Europe. The potential volume of scrap steel from one VRS Center is more than the volume of what a hundred junkyards can produce.
The plan is to acquire large volumes of End-of-Life Vehicles (EOLVs) and scrap automobiles, disassemble and reclaim the component materials and parts and resell these to existing markets for these materials. VRS has stated that several companies have already expressed willingness to award purchase agreements for the reclaimed materials and parts.
Jerome Gentolia, Chief Operating Officer of the Oxford Group Services, is keeping a close eye on the project. The VRS project being technologically advanced, environmentally friendly, and economically viable is in line with the Gentolia's direction with Oxford Group.
Under the leadership of Gary R. Sander, the VRS team boasts of people with exceptional expertise in their field. Sander himself has been involved with major corporations in the construction (Chicago Bridge and Iron), steel (Bethlehem Steel), and chemical (W.R. Grace, Davison, Chemical Division) industries.
Jerome Gentolia is the Chief Operating Officer of Oxford Group Services and also the Senior Vice President of Unilion Development Group, a private equity firm. He can be reached at jgentolia@uhl-unilion.com.
Jerome Gentolia has been discussing investment opportunities with 5 Porticoes, LLC. 5 Porticoes is planning to build a biogas facility in LeMars, Iowa. The facility will convert plant and animal waste into biogas, a clean, renewable energy source.
With the support of the University of Iowa, the 5 Porticoes plant is in a very good position to contribute to the ever increasing demand for natural gas. Their microbiological team, with the support of the university, plans for the development of production rate increases through microbiological research. This program ties in other departments of the university, for research and development.
Mr. Gentolia has cited a couple of factors that ensures the success of the project. One of them is the location of the plant. Situated in the largest hog producing state, LeMars, Iowa has a large concentration of these facilities. There are also 5 meat packers nearby as well as a major gas distribution and rail lines running through LeMars.
Jerome Gentolia, Chief Operating Officer of Oxford Group Services, believes in the environmental and community opportunities of the project. With the current US Administration's focus on green projects and the employment opportunities the 5 Porticoes plant presents, Gentolia is confident of the project. Through Gentolia, The Oxford Group Services has always prioritized financially viable projects that are innovative, address environmental issues, and present employment opportunities to the community. The project has full support of the State of Iowa.
With the current global economic situation, investments in large scale projects, such as this one, are slow and careful. Gentolia has his eye on this particular project and is monitoring its progress closely.
"The personalities involved in this project are impressive. Their combined knowledge and experience guarantees success in the 5 Porticoes biogas facility. I've even recommended that we use these people in our other projects as consultants and project planners...", Gentolia notes.
The core group of 5 Porticoes LLC brings in the top talents of the industry. Three members of the team were involved in building the largest digester plant in the USA. William "Bill" Bond, is the Chief Executive Manager of 5 Porticoes. Bond has been a leader in banking and corporate development areas for over 30 years. Mr. Bond currently is a lobbyist and business owner serving chemical and agricultural company's interest in legislative, regulatory and state law concerns. Mr. Bond has developed and brings knowledge through numerous relationships in governmental and business levels crossing a broad spectrum of areas. Bill brings the expertise needed in corporate development and structures needed for our success.
Joining Bond is Bruce Stockman, Chief Operating Manager. He has over 20 years of experience in a leadership role working with agriculture and renewable energy development. Bruce has contributed significantly to the development of ethanol and other renewable energy as Executive Director of the Minnesota Corn Growers Association. Bruce brings a broad background of successful experience in working with boards, directing staff and contractors, while maintaining a great relationship with community and elected leaders.
Michael McFadden (Operations Development Manager), Lance Crombie PhD (Biology Science Leader) and Kent Wolfe (Consultant) round out the 5 Porticoes group.
eQsolaris of Los Alamos, NM, has developed solar energy panels that can achieve electrical production at competitive or even superior pricing compared to current and traditional methods. This simple and cost effective approach is a highly simplified engineering technology called "micro-concentrator photovoltaic arrays".
These products combine the lowest cost produced solar cells, highly manufacture-able electrical contacts, heat removal materials, with concentrating and protective optics to produce a robust photovoltaic module array with the best power/price performance. It is projected to be four times cheaper than the average currently available equivalent on the market.
Without government subsidies, current solar energy products are at cost four times too expensive to act as standalone generators. Robert Hockaday, President and Founder of eQsolaris points out, "The problem with solar (power generation) is that it is too expensive. The eQsolaris technology answers this issue by maximizing cost effectiveness by incorporating the most efficient use of semi-conductor material. The semi-conductor material is the most expensive component-reduces the amount used with good design and engineering and you reduce the overall cost. This is what we have done with the eQsolaris ‘eQarray' technology."
This project caught the attention of Jerome Gentolia. Gentolia is the Chief Operating Officer of Oxford Group Services, a subset of private equity firm, Unilion Development Group. Jerome's direction into technology that is innovative, cost efficient, and effective is what led him to consider partnering with eQsolaris.
"With rising fuel and energy costs, a cost efficient and effective solution such as what eQsolaris is developing is difficult to pass up. This type of technology pushes energy production into the 21st century. We at UDG would like to be part of it...", Jerome states.
Currently, UDG is in talks with eQsolaris in financing the project. They have already started the due diligence process.
With over 24 years experience in the energy producing sector, Robert Hockaday is the President and Founder of eQsolaris.
BioCAST Systems Inc. has designed a new proprietary wastewater treatment technology that is efficient, easy to operate, cost-effective, and environment friendly. Targeted towards the municipal, industrial and agricultural sectors, BioCast can reduce sludge management costs by more than 60%.
The BioCAST tertiary treatment technology efficiently removes nutrients, nitrogen and phosphorous, from wastewaters. This combined with small footprint, low maintenance requirements, ease of handling as well as the environmental benefits offered by the technology including minimal sludge production and reduced greenhouse gas generation make BioCAST technology very attractive in the advanced wastewater treatment and site bioremediation markets.
Discharging improperly treated wastewater to surface waters such as lakes and rivers can result to health and environmental concerns. Worldwide, the money spent on water pollution related problems run into the billions of dollars. With BioCast, companies can lower costs while at the same time, exceed environmental regulations and requirements covering wastewater treatment.
Jerome Gentolia, Chief Operating Officer of Unilion Oxford Group, is focused on the benefits behind the technology and is currently in talks with BioCAST regarding the project. Unilion, a private equity firm, has started the due diligence process with BioCAST. Gentolia believes in the technology which is cheaper, more efficient, and environmental friendly.
"By licensing this technology, many companies can benefit from its reduced cost and efficient process. It also opens up a lot of employment opportunities. It is good to find a project that touches up on health concerns, environmental issues, and cost effectiveness all at the same time..." Jerome states.
BioCAST Systems Inc. is comprised of Chairman Michael Ogilive, CEO/President Robert Kalinowicz, Chief Technology Officer/VP R&D Laleh Yerushalmi and Directors Frank Candido and Ronald Fon.
BioCAST Systems Inc. forecasts that by the third year of implementation, BioCAST will be available in the international market.
Chief Operating Officer for Oxford Group Services and Senior Vice President of Unilion Development Group. Asset and Wealth Management. Private Equity and Venture Capital, Project Finance.
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