Presentation on theme: "We PAY to work for You! EJ Spirtas Group, LLC Corporate Principals Performing Global Services for Decades Benefiting Private and Public Owners as well."— Presentation transcript:
1We PAY to work for You!EJ Spirtas Group, LLC Corporate Principals Performing Global Services for Decades Benefiting Private and Public Owners as well as Municipalities Industrial Operations – Global Experience , Delivered LocallyPrime and Vacant Land Acquisition (Portfolio Assessment)Environmental Liability Transfer – ELTCertified Valuation Team – CVTAbsolute Liquidation CapabilityAsset Sales, Metals Management and DispositionTool Box Services – Including Construction PerformanceTotal Plant Dismantlement – TPD
2Please Use Your Down Arrow or Enter Key to Advance the Slides Some Slides Take a Few Seconds to Load This program is simply intended to share our program. “A Picture Paints a Thousand Words” Chinese Proverb EJ Spirtas Group, LLC Creating and Promoting the AMAX Program – “Asset Maximization”
3We can customize a proposal Just For You and Your Firm!
4This is how – EJ Spirtas Group, LLC offers the AMAX Difference: AMAX MONETIZES THAT WHICH IS DORMANTWhile EJ Spirtas’ - AMAX appreciates the opportunity to;Offer services, recycle your Scrap Metals and Idle Equipment,Our firm can quickly quote on complete plant and property that is for salealong with its offering of full liquidation and demolition services.IN SOME CASES THESE ITEMS ARE BILKING THE SYSTEM!IN OTHER CASES THESE POSSESSIONS ARE INVISIBLE, BUT WORTH VALUE!
5Processing for Maximum Recovery Global Scrap OperationsProcessing for Maximum Recovery
6Demolition Services Eric J Demolition Services Eric J. Spirtas’ – Work at Lambeau Field Marketing, Bidding and Performing As President of Spirtas Wrecking Company
7Demolition Services Eric J Demolition Services Eric J. Spirtas’ – Work at Mile High Stadium Marketing, Bidding and Performing As President of Spirtas Wrecking Company
8Demolition Services Eric J Demolition Services Eric J. Spirtas’ – Work at Industrial Plants Marketing, Bidding and Performing As President of Spirtas Wrecking Company
9Complete Liquidation Services Eric J Complete Liquidation Services Eric J. Spirtas’ – Executes XEROX Toner Plant Marketing, Negotiating, Selling and Decommissioning
10Energy Development Wind, Solar, Hydro, Co-Gen and Utility Management
11Environmental Services Eric J Environmental Services Eric J. Spirtas’ – Work on Remediation Sites Marketing, Bidding and Performing As President of Spirtas Wrecking Company
12Contractor Breaks Away from Traditional Demolition Methods (“ENR.com”) Specialty DemolitionEric J. Spirtas – Leading the Industry Utilizing the Right Equipment for the Right Job!Contractor Breaks Away from Traditional Demolition Methods (“ENR.com”)Demolition contractor Eric Spirtas has a lot of machines, including 20 excavators, 12 track loaders, 20 skid steers, 8 mini-track excavators, and 20 track excavators. The brands vary; he has bought what he felt would perform best for each kind of work he comes up against. But he wanted one more. “I explained to my banker why this machine is such a good investment,” says Spirtas. “Measured against manual production, I can say that I save in one week what $40,000 worth of hand labor would have been. This machine pays for itself.”Spirtas, owner of St. Louis-based Spirtas Wrecking Co., recently purchased a Komatsu excavator equipped with an 82-ft-high reach boom. The new boom, designed and manufactured by Komatsu, is engineered for demanding demolition applications.With an operating weight of 118,915 lbs, the Komatsu PC450LCD-6 provides 306 hp to boost productivity in all demolition operations. Outfitted with a JRB CXI (Custom Excavators Incorporated) 17R cutter crusher, the excavator has 175 tons of crushing force. Third-member mounting provides 360-degree attachment rotation.“Due to my schedule, I had one hour to actually work with the PC450 at Komatsu’s ‘Demolition Days’—that is all it took for me to decide. I was impressed by its ability to reach up, over, and across, and accurately grab and cut a target point,” Spirtas says. “I saw how it would save me man-hours and improve productivity.”Spirtas finds the high-reach boom unit to be more than just another excavator model. “It’s a multi-purpose tool that lets me rethink the way I approach a demolition job,” he says. “Without the long arm, I would be bidding the same job, but I’d be using the traditional labor-intensive, more costly methods of bringing down a structure. The PC450 is something no one can compete with— at least not until they want to invest in what I’ve got in this excavator.”In fact, his is one of only a handful in the U.S. so far.
13SELECT EFFORTS OF EJ Spirtas Group: We MONETIZE Specific Manufacturing EquipmentSwitch GearBoiler and EquipmentBrand New ItemsIncineration and Trash ComponentsOld and New StockComplete Building and Scrap RecoveryFacilities via Decommissioning (Selective Actions)Industrial Equipment and Structure DecommissioningComplete DemolitionUnder Utilized PropertyEmergency Response – (NY City 911)
14Coordinate with Contracting Team Building the RemovalReview of Site and PurchaseCreate a Logical ProcedurePlanning of the OfferingEstablishing a SequenceEvaluating a Partnership PossibilityClearly Defining the ScopeProposal PreparationExecute the PlanBidCoordinate with Contracting TeamPerform the SurveyAsbestos and other MaterialsRemediateDismantle Save Items ShipmentDemolitionVarious AreasOCC PM2Close OpeningsInstall RailingTanks Chests EquipmentPerform Optional Work
15Decontamination / Demolition Extensive Power PlantDecontamination / DemolitionDemolition and SalesPaper Plant / Paper MachinePerforming the ProjectHistory EstablishedIdentical ProjectsSafety Practice RequiredResources AvailableSuccess LoggedExceptional Safety RecordThere is only one way to do it!Experience of Industry BestLaborers and Operators
16Eric J. Spirtas – President Biographical SketchEric J. Spirtas – PresidentApril 2010After graduating from ASU in 1988 with a business marketing degree and running a Family Environmental Remediation firm through 1991, Eric J. Spirtas joined, grew and ultimately became president of one of the country’s largest demolition and remediation firms Spirtas Wrecking Company. Serving as president of this full service prime contracting firm from was a key part of Eric J. Spirtas’ professional business education.Performing National and International Contracting Operations, including but not limited to; Demolition, Decommissioning, Nuclear Remediation, Environmental Clean Up, Emergency Response, Implosion, Property Management, General Contracting and Site Development have led to a contracting knowledge and approach that proves successful for client based solutions and analysis. Estimating, Consulting, Managing, Coordinating and Solving Client Problems continues to be the greatest service offered by our team.Projects that Mr. Spirtas has won and decommissioned through competitive bid include the complete demolition and remediation of Lambeau Field in Green bay, McNichols Arena and Mile High Stadium in Denver, The Checker Dome in St. Louis Missouri as well as an array of hundreds of ‘million square foot’ manufacturing facilities and commercial structures across the country for Fortune 500 clients such as American Can, Anheiser Busch, Ameren UE, Kansas City Power & Light, Lockheed Martin, PPG, Western Southern Life. Xerox Decommissioning, Magna Power Train , Nukote International.Since late 2004 Eric has branched out from the Spirtas demolition business supporting Local and National clients. EJ Spirtas Group has created hearty alliances with best practice participants in the “Industrial Development Field”.Shifting towards Brown and then to Green, EJ Spirtas Group focuses on the engagement of all available funds to decommission the old, liquidate and recycle the re-usable and capture the Re-Newable energy that is available along the way.While continuing to perform demolition, remediation and construction management nationwide for select clients, Spirtas has assembled national property holdings (“inventory”) and develops these properties personally and on behalf of clients and partners.It is the decades of project management, asset acquisition and sales that Eric J. Spirtas of the Spirtas Wrecking Family, offers the most sophisticated property analysis, asset valuation and material purchase, quickly and timely to enhance your firms bottom line with the AMAX approach.
17Biographical Sketch MANAGEMENT Solar PartnerApril 2010MANAGEMENTTransSolar’s management team has extensive experience in the energy, solar, high-technology, and manufacturing sectors. This unique combination enables continuous innovation, efficient manufacturing, and the consistent supply of large-scale solar power to the energy industryJoseph Hudgins – CEO, DirectorDr. Richard Wirt – Director and Chief ScientistDr. Newton Howard – DirectorEverett (Buddy) Rodgers – Executive Vice PresidentJigar Shah – Director (Founder SunEdison)Marc A. Perel, C.P.A – DirectorDr. R.F. Saverin, Esq – DirectorRobert Ambrosi – DirectorJustin Saverin – Market DevelopmentGary Bauman, Esq. – ConsultantBruce Nelson, CPADamion Olesncky - Consultant
18Biographical Sketch www.faith-group.com April 2010 Financial PartnerApril 2010Domestic / International Trading - Commodities Funding PartnerFaith Group Company (FGC) was incorporated in New Jersey, USA in Our main businesses include domestic and international trading of PET materials, post-industrial scraps, post-consumer scraps and the relevant processing. We also handle some PETG, PEN, PCTA, PCTG, PTT, HDPE, LDPE, PP, ABS, NYLON as well as special plastics. Besides, we distribute some plastics recycling equipment. Currently we are the largest PET recycling company in the world.FGC has facilities in USA, UK, Netherlands, Mexico, Argentina, Egypt and Hong Kong. In the last 10 years, we have built up the largest global PET recycling, managing and marketing network. The annual recycling quantity is over 200,000 metric tons, the annual turn over is about 120 million USD.Recyclable PET materials include but not limited to: PET purge, PET bottle flake, PET bottle fine, PET prime and off-grade pellets, PET floor sweeping pellets, PET fiber waste, PET popcorn and CPM pellets, PET bottle perform scrap etc. The recycled PET materials are used to make staple fiber, non-woven fiber, sheet and film, container, paint etc. PL Plastic Service LLC is one of our recycling and warehousing subsidiaries located in Florence, South Carolina. This facility provides toll processing service for several main PET manufactures in USA.Qingdao Faith Plastics Co., Ltd started in This facility handle shredded European PET bottles (bottle shredded into 4 to 8 pieces), PET bottle flakes, purges, film rolls and other recycled plastics. The annual processing capability is 40,000-50,000ton.In 2005, we invested three wood plastics composite (WPC) production lines in Qingdao to make plastic lumber products with recycled PE material. This is a project that will help to protect our environment. We buy extrusion grade HDPE and sell plastic lumber deck, pallets.Qingdao Rockaway Plastic Sheets Co., Ltd. is another subsidiary located in Qingdao Free Trade Zone. The main business for this company is to produce PET sheets from PET resins and PET bottle flakes. We have over 20,000 meters warehouses in Qingdao Free Trade Zone, and provide warehousing and logistic services.Our Ningbo Office is responsible for all the trading activities in Zhejiang Province. PET material and engineering plastics are their core business. We supply over 50,000 ton PET materials annually to Zhejiang market and export staple fiber, non-woven fiber oversea. Our Shenzhen office is in charge of the import and export business & market of Guangdong and Fujian province.
19Specialized ProposalAllow our firm the opportunity to provide a sophisticated proposal offering services and payment for itemized assets.
20ELT Environmental Liability Transfer Your Firm Can Consider - ENVIRONMENTAL LIABILITY TRANSFEREJ Spirtas Group can handle complicated Liability Transfer. Due to the stringent controls and requirements of Sarbanes-Oxley. Our team can arrange for the comprehensive environmental liability transfer from a corporate client to our acquisition company providing the client complete and final environmental liability transference. By combining superlative expertise within the practices of environmental law, environmental insurance, environmental engineering, corporate indemnification and commercial redevelopment, we offer unparalleled economic solutions for absolute environmental liability transfer and removal. In addition to fee-based transference of environmental liabilities, EJ Spirtas Group / AMAX actively purchases commercial and/or industrial facilities, portfolios and land sites throughout North America. In doing so, our clients often discover that their environmental liabilities can be transferred while receiving a positive net payment in return.Guaranteed finite capital solutions for highly variable concerns.No risk of future expenditures.Complete corporate indemnification without limits.Direct assumption of compliance requirements from regulatory agencies.Total and perpetual transfer of environmental liability and site cleanup.Comprehensive insurance coverage from highly-rated carriers.Unlimited corporate umbrella coverage beyond the insurance policy limits.Immediate positive impact upon balance sheet.
21ELT AMAX has found that the “Rasher-Colangelo” formula works well when assessing the intrinsic or baseline value of an environmentally impacted property.BMV = (CMV) – (IC + EL + OL + R + K)Where BMV = Brownfield Market ValueCMV = Clean Market Value (Value derived using traditional real estate market appraisal techniques – assuming no environmental liabilities and highest and best use).IC = Investigative Costs (Phase I & II implementation, study & analysis).EL = Environmental Liabilities (The cost to cure, or clean up the property and reduction in value, if any, due to stigma).OL = Other Liabilities (Legal fees, brokerage commissions, cost of carry, deferred maintenance issues etc.).R = Repositioning Costs (Expenses related to achieving highest and best use such as rezoning, demolition, permits, consulting studies, appraisals and non environmental legal services).K = Rate of Return & Projected Risk (Normal anticipated rate of return on an investment plus a risk premium that rewards higher project exposure).
22Our Six-Step Process to Redeploy Underutilized Property Assets Let us Analyze Your Portfolio Step 1: Economic and Market Trend Analysis Market researchers identify area demographics, employment growth rates, industry trends and competitive supply within a determined geographic region by interviewing economic development officials, brokers, real estate developers, tenants, manufacturers and property owners. Using the data collected, we can then forecast absorption and occupancy rates for a variety of reuse scenarios. Step 2: Existing Property Evaluation Our professional, dedicated team of architects and environmental and civil engineers review the existing context and property characteristics, including surrounding land uses, access and utility infrastructure, buildings and site improvements, applicable zoning and land use regulations, environmental status of property, and easements and other legal constraints. Step 3: Develop Alternative Reuse Concepts Alternate use plans are considered, which respond to current and projected market demand. We demonstrate the attainability of plans given zoning issues, community needs, government attitudes, current site characteristics, environmental constraints and prospective users. Step 4: Analyze Financial Impacts of Alternative Reuse Concepts Financial analysts estimate development costs and sale / lease rates, determining the impact that those estimates will have on projected cash flow. The availability of public / private financing is explored, and realistic financial and risk analyses are projected to determine potential development value. Step 5: Analyze Disposition Alternatives Sale, Lease, Joint Venture or Donation. With market-driven reuse options detailed, we analyze alternative means of disposition of the property in light of our client’s objectives. Then, working with management, a specific disposition strategy is recommended to achieve the optimum benefit for the corporation. Step 6: Implementation of the Exit Strategy Once the recommendations have been presented to and accepted by management, we employ all market resources to identify potential parties interested in the purchase, donation, joint venture or lease of the repositioned property. We can then represent the property owner in the negotiation to assure that the goals of our client are met.
23Plan of Action Proposal Survey of: ACM IND WASTE SALES PLAN DEMOLITION BLDG FINISHCoordinate:andIndustrial WasteCommence:ENV. WorkIND. WasteInitiate:SALESSALVAGEDISMANTLEBuilding DemolitionDemo / FinishWork With Customer and Commerce Department to Valuate EffortComplete Site WorkFinish Data SubmissionTransitionRisk-StructureProperty
25Safety Protocol Safety Requires a Known Plan: EJ Spirtas Group - Health & Safety Plan is Industry LeadingA “Site Specific” Safety & Health Program will be createdAll staff is trained in accordance with:Plant Site StandardsJob Specific Standards and Corporate Required LevelsDaily JSA’s will be performed (Job Site Assessments)Weekly Safety Meeting with Project Status ReportNear Miss ActivitySuccess ReportWeek in Review / Forecast
26Resources Administration Insurance Project Management / Personnel Corporate Office is well equipped to support the ProjectEJ Spirtas Group has available support tools that assist with large scale projects of this typeInsuranceIndustry Best coverage's will be provided(GL, Equipment, Environmental, Umbrella)Project Management / PersonnelFull time Project Management is plannedSite Safety Manager will be proposedPersonnel and Related Resume’ will be providedAll personnel will have previous project experienceSelect local labor will be utilized in a blended crewEquipmentAnticipated Equipment Includes;Owned Equipment will be sent to siteLeased and Rented equipment will be blended with owned equipmentSub-Contractors May supply some specific items that will be utilizedLocal Contracting AffiliationHaving worked across the county, EJ Spirtas Group involves only the best of local contractor to support its effortAMAX RENOVATED serves as a PRIME CONTRACTOR, with the intent to always blend local talent within its crewsScrap BuyerLocal and Off Shore Scrap Buyers have priced the materials and itemsBased on Timing of removal and availability of rail; Local – National – Global Scrap sales will be selectedEJ Spirtas Group will continue to analyze Scrap Materials and Equipment uses.This will result in ASSET MAXIMIZATION
27Maximizing Your Assets EJ Spirtas Group, LLC Corporate Principals Performing Global Services for Decades Benefiting Private and Public Owners as well as Municipalities Industrial Operations – Global Experience , Delivered LocallyBuilding a ProjectEliminating RiskMaximizing Your AssetsEJ Spirtas Group , LLC