1. THANKS FOR YOUR INTEREST!!

2. THE CLEVELAND VALVE STORY Cleveland Valve & Gauge Cleveland Valve & Gauge Renew Valve & Machine Company Renew Valve & Machine Company Phoenix Partners, LLC Phoenix Partners, LLC Who are we?

3. Founded @ 1857 Founded @ 1857 Acquired by Vernon Schill and others 1965 Acquired by Vernon Schill and others 1965 Max Czarnota marries daughter – the ’70’s Max Czarnota marries daughter – the ’70’s Doug Gifford employed – the ’80’s Doug Gifford employed – the ’80’s Sold to Jay Industrial Technologies 1997 Sold to Jay Industrial Technologies 1997 Repurchased in 2004 by Phoenix Partners LLC (Doug Gifford & J.B. Rorick) Repurchased in 2004 by Phoenix Partners LLC (Doug Gifford & J.B. Rorick) THE CLEVELAND VALVE STORY

4. New Products Offered Dresser/Consolidated Pressure Relief Valves Dresser/Consolidated Pressure Relief Valves Tyco Product Line Tyco Product Line Yarway, Hancock, Dewrance, Rovalve, Intervalve, Raimondi, Fasani, Gimpel, Sempell Yarway, Hancock, Dewrance, Rovalve, Intervalve, Raimondi, Fasani, Gimpel, Sempell High Pressure Ball Valves High Pressure Ball Valves SST, Jarecki SST, Jarecki Rodney-Hunt Butterfly Valves Rodney-Hunt Butterfly Valves Re-certified Limitorque Motor Actuators Re-certified Limitorque Motor Actuators

5. Services Offered Pressure Relief Valve Repair Pressure Relief Valve Repair Line/Isolation Valve Repair Line/Isolation Valve Repair (Gate, Globe, Check, etc.) (Gate, Globe, Check, etc.) Control Valve Repair Control Valve Repair (Masoneilan, Fisher, Valtek, etc.) (Masoneilan, Fisher, Valtek, etc.) Motor Actuator Repair & Retrofitting Motor Actuator Repair & Retrofitting Shop & Field Machining Services Shop & Field Machining Services

6. Valve Repair Capabilities Capabilities Pressure Relief Valves Pressure Relief Valves Certified Dresser Green Tag Center Certified Dresser Green Tag Center Mobile Repair Facility Mobile Repair Facility Field Service Capabilities Field Service Capabilities Large Inventory of Parts and New Valves Large Inventory of Parts and New Valves Inline Electronic PRV Testing and Setting Inline Electronic PRV Testing and Setting Factory Trained and Certified Technicians Factory Trained and Certified Technicians National Board VR Stamp Holder National Board VR Stamp Holder High Pressure High Capacity Shop Facilities High Pressure High Capacity Shop Facilities Air, Steam, Liquid Air, Steam, Liquid

7. What is a Dresser Green Tag Center ?

8. Green Tag Center Overview Program Started in 1982- Dresser Franchise Program Started in 1982- Dresser Franchise Philosophy- “Combine the highest level of Valve Repair with off the shelf valve assembly.” Philosophy- “Combine the highest level of Valve Repair with off the shelf valve assembly.” Factory/OEM expertise to plant door steps Factory/OEM expertise to plant door steps GTC Standards- Training, QC Audits, UV-V, VR stamps, facilities, test equipment GTC Standards- Training, QC Audits, UV-V, VR stamps, facilities, test equipment

9. Dresser- GTC Independently owned repair, sales and service organization that represents the OEM (Consolidated) in their local territory Independently owned repair, sales and service organization that represents the OEM (Consolidated) in their local territory Brings Consolidateds 115 years of PRV experience to the local area Brings Consolidateds 115 years of PRV experience to the local area OEM- training, annual audits, drawings OEM- training, annual audits, drawings Local Inventory- New Valves and Parts Local Inventory- New Valves and Parts

10. Green Tag Centers 44 Green Tag Centers in North America 44 Green Tag Centers in North America GTC’s represent over half Consolidated Sales GTC’s represent over half Consolidated Sales Program is “Maturing” Program is “Maturing” Next Level- Plant Safety Ownership/ValvKeep Next Level- Plant Safety Ownership/ValvKeep

11. Requirements to be a GTC Equipment Equipment High Capacity Test Eqt High Capacity Test Eqt 1500 # Boiler 1500 # Boiler Tools/Machines/Truck Tools/Machines/Truck Training Training 3 Phases of Technician training 3 Phases of Technician training Annual Dresser Audit Annual Dresser Audit ASME/NBIC Stamps V, UV, VR QC Manual/ Program VR/GTC paperwork Record storage-mngt Consolidated Invty Average $400-750k Springs/accessories

12. SHOP REPAIR...

15. WORLD CLASS INVENTORIES

16. REPLACEMENT PARTS INVENTORIES

18. MOTOR ACTUATOR REPAIR

19. ALL MAKES – ALL MODELS

20. REMOVE IT … REPAIR IT … INSTALL IT. AS FAST AS OVERNIGHT

21. Motor Op Parts

23. MOTOR OPERATOR REPAIR PROCESS BEFORE: BEFORE:

24. MOTOR OPERATOR REPAIR PROCESS AFTER: AFTER:

25. MOTOR OPERATOR REPAIR PROCESS CATALOGING & TEAR-DOWN: CATALOGING & TEAR-DOWN:

26. MOTOR OPERATOR REPAIR PROCESS CLEANING: CLEANING:

27. MOTOR OPERATOR REPAIR PROCESS COMMON FINDINGS: COMMON FINDINGS: Electrical Electrical Motor Problems Motor Problems Over-torquing Over-torquing Gearing & Drive-train wear Gearing & Drive-train wear

28. MOTOR OPERATOR REPAIR PROCESS Electrical Repairs – AS FOUND – CHAOS : Electrical Repairs – AS FOUND – CHAOS :

29. MOTOR OPERATOR REPAIR PROCESS Electrical Repairs – ORDER RESTORED: Electrical Repairs – ORDER RESTORED:

30. MOTOR OPERATOR REPAIR PROCESS MOTOR REPAIRS: MOTOR REPAIRS:

31. MOTOR OPERATOR REPAIR PROCESS OVER-TORQUING DAMAGE: OVER-TORQUING DAMAGE:

32. MOTOR OPERATOR REPAIR PROCESS GEAR & DRIVETRAIN WEAR: GEAR & DRIVETRAIN WEAR:

33. MOTOR OPERATOR REPAIR PROCESS Putting It All Back Together: Putting It All Back Together:

34. BUT REMEMBER … IT’S NOT JUST THE MOTOR OPERATOR !!

35. Cleveland Valve & Hughes Primeau Control Valve Repair

42. LINE VALVE REPAIR … Gate Valves Globe Valves Ball Valves Check Valves All Makes – All Models

57. Total Valve Management Program DiagnosticLocal SupportMaintenance OEM PartsField SupportGlobal

58. Value Add Programs GTC (Green Tag Center) Program GTC (Green Tag Center) Program Features and Benefits Features and Benefits Total Valve Management Program Total Valve Management Program Tools Tools EVT® (Computerized In-Place Testing) EVT® (Computerized In-Place Testing) ValvKeep® (Computerized Repair Documention Program) ValvKeep® (Computerized Repair Documention Program) RFID Tagging - ValvID™ RFID Tagging - ValvID™

59. Cleveland Valve Cleveland Valve Cleveland Valve & Gauge Total Valve Management

60. THANK YOU! Please contact us for more information 800-860-4284