January 2008

BUSINESS/ORGANIZATIONAL BRIEFS

Proventia sells interest in CRT recycling

Proventia Group has sold all its shares in Forssa-based CRT Finland Oy to Loimi-Hämeen Jätehuolto Oy. The shares held by Proventia represent 89% of the company’s share capital. As a result of the transaction, Loimi-Hämeen Jätehuolto owns 100% of the company.

CRT Finland Oy was established in 2003, in part as a pilot factory for the CRT recycling technology developed by Proventia.

The employees of CRT Finland Oy will continue as existing employees.

Safety Vision hires new chief technology officer

Safety Vision announced the addition of Christopher Fritz as chief technology officer. In this new role, Fritz will focus on developing technical solutions that help account executives win proposals in the mass transit, law enforcement and pupil transportation sectors. He will also be integral in developing partners to round out the company’s mobile video solutions suite and identifying new technology trends.

Fritz brings over 11 years of experience in developing advanced imaging systems for industrial applications, consumer products and the government. Prior to joining Safety Vision, Fritz served as director of mobile video products and a founding member of Light Speed Mobile where he was responsible for the management of sales and engineering.

Vecoplan names Herndon technical support manager

Vecoplan LLC has promoted Jason Herndon to the position of technical support manager. Herndon has been with Vecoplan for nine years and was formerly a senior service technician.

As technical support manager, Herndon will serve as the liaison between customers, factory staff and field technicians providing a central repository of information on any given service call. He will also oversee quality control and customer satisfaction on all technical service issues.

Safety-Kleen acquires Connecticut company

Safety-Kleen Systems, Inc., has acquired the business of Advanced Liquid Recycling, Inc., headquartered in Meriden, Connecticut, a collector and recycler of used oil, oil filters and antifreeze.

Advanced business also includes parts cleaner sales and service, and the manufacture and distribution of “Visible Solutions” windshield washer fluid.

The Advanced acquisition adds three facilities in Connecticut, Rhode Island and New Hampshire to the Safety-Kleen network, as well as more than 160 personnel and a fleet of 140 vehicles.

Safety-Kleen plans to continue with current service agreements and to keep schedules intact for existing Advanced customers.

GreenHunter Energy sets board appointments

GreenHunter Energy, Inc. announced the appointments of Robert Zahradnik and Stuart W. Ray as independent directors of the Company.

Bob Zahradnik is the operating director of the Southern Ute Growth Fund. Zahradnik is also chairman of the board of Panther Energy, a private Tulsa based exploration and production startup specializing in mid-continent unconventional horizontal drilling plays.

Stuart W. Ray is an executive with broad experience in the financial services and energy industry. He currently is a partner in Sonenshine Partners LLC, a boutique investment banking firm in New York City. He is also a partner in Urban American Partners LLC, which identifies, acquires and operates portfolios of working class housing in metropolitan areas. Ray helped found this company in 1998.

Zawacki changes role at Hendrickson Bumper

Jeff Zawacki assumed duties as general manager of the Hendrickson Bumper and Trim business unit in Joliet, Illinois.

Zawacki will be responsible for the bumper and trim business including strategic direction and day-to-day management of the operation.

A 13-year veteran of Hendrickson, Zawacki most recently served as director of marketing and engineering for bumper and trim since 2003 and previously held the post of manager, program management and business development, for the truck group. He also held posts at bumper and trim from 1997 to 2000.

Before joining Hendrickson, Zawacki served in various positions in operations and engineering with the Victor/Reinz Division of Dana Corporation.

Doug Pheffer joins Bayne as general manager

Bayne Premium Lift Systems has hired Doug Pheffer as general manager.

In this position, Pheffer is responsible for all aspects of Bayne’s operations, including sales, marketing, customer support, engineering, operations, finance and human resources.

Pheffer was previously vice president of operations with Total Records & Information Management, a professional information management company located in Spartanburg, South Carolina.

Pheffer has more than 15 years experience leading and managing business teams for a number of manufacturers and distribution centers.

E-Z Pack hires new service manager

E-Z Pack Holdings, LLC announced the addition of Norm Engle to its management team as field service manager. In his new position, Engle will help with the establishment and growth of the new service division of the company.

Engle is a seasoned veteran with a strong reputation within the industry. He was previously with McNeilus Trucking and Manufacturing where he spent the past decade using his mechanical expertise to train staff and service customers.

He started his career nearly four decades ago in 1968 with EAK Refuse, a family-owned business. After building the business for eight years, he joined the military and started his 22-year career in the Army and Marine Corps.

Terra Nostra expands board of directors

Terra Nostra Resources Corporation announced the appointment of Michel Plante as an independent member of its board of directors and company audit committee.

Plante has over 25 years of experience as a chartered accountant, financial advisor, public company corporate officer and director. He is presently the chief administrative officer of Groupe Cabico, a privately-held Canadian manufacturer of custom cabinetry for kitchen and bathrooms. Plante is also currently chairman of the board of directors of College Laval, a privately-held secondary education institution, a director of Green Yeast Corporation and Capital Maniwaki Inc.

Until June 2007, Plante served as vice-president of finance and chief financial officer of Roctest Limited, a company trading on the Toronto Stock Exchange. In addition to his financial duties, Plante also acted as corporate secretary, responsible for corporate governance, including coordination of the audit committee to ensure proper governance adherence.

Advanced Waste Services acquires waste company

Advanced Waste Services Inc. said that it has purchased the assets of Castle Environmental Inc., a non-hazardous liquid waste collection and service business located in New Castle, Pennsylvania.

The acquisition of Castle Environmental, which also operates a non-hazardous wastewater processing facility just outside of New Castle, expands Advanced Waste Services’ market area to include Pennsylvania and Ohio.

Terms of the transaction were not disclosed.

John H. Walker added to the board at Nucor

Nucor Corporation announced that John H. Walker has been elected to the board of directors effective January 1, 2008. Walker currently serves as the chief executive officer of Global Brass and Copper, Inc. (GBC)

Walker joins the Nucor board with twenty-five years of industry experience. Prior to his appointment as chief executive officer of GBC in 2007, Walker served as chief executive officer and president of The Boler Company and Weirton Steel Corporation and as president of flat-rolled products at Kaiser Aluminum Corporation. Walker also serves on the board of directors of Delphi Corporation and UAL Corporation, the parent company of United Airlines.

New marketing director for Hendrickson Truck

Sean Coleman assumed duties as director of marketing in addition to overseeing program management for Hendrickson Truck Systems Group.

As director of marketing and program management, Coleman will be responsible for division marketing in addition to leading all program management initiatives for the division.

A 14-year veteran of Hendrickson, Coleman served as director of truck OEM sales for the past three years. He has held posts of increasing responsibility including truck senior marketing manager, district sales manager, trailer account manager and truck account manager.

Coleman came to Hendrickson from Carlisle Companies where he served for four years as a sales engineer. He earned an aerospace engineering degree from University of Cincinnati.

Vecoplan expands North Carolina facility

Vecoplan announced that they are expanding their shred truck manufacturing facility in Archdale, North Carolina. The expansion will add approximately 15,000 square feet of space. “The sales of our VST-32 shred truck had simply out paced our ability to meet the demand in a timely manner,” stated Len Beusse, COO of Vecoplan, LLC.

Vecoplan also added new employees to their mobile manufacturing workforce and plan to increase this further in 2008.

ArcelorMittal acquires UK steel distribution firm

ArcelorMittal has acquired steel distribution company NSD Limited.

NSD specializes in sales of heavy sections and tubes. The company is based in Scunthorpe, North Lincolnshire.

“ArcelorMittal will extend its position in the attractive UK market which, while being mature, is still very profitable” said Gonzalo Urquijo, member of the group management board of ArcelorMittal and responsible for Steel Solutions and Services as well as Long Carbon Europe.

Cleantechnics announces Canadian distributor

Cleantechnics International, Inc. announced that it has a new distributor in Ontario, Canada, to sell the company’s oil filtration system designed for the trucking, mining, and heavy equipment industries. The distributor is A&M Truck Parts Limited, based in London, Ontario, a supplier of brand name truck parts and accessories.

Aleris International to sell US Zinc for $295 Million

Aleris International, Inc. announced it has entered into a definitive agreement to sell its zinc business, which operates under the name US Zinc, to affiliates of Votorantim Metals Ltda. for $295 million. Closing is subject to regulatory approvals and customary closing conditions.

US Zinc recycles zinc metal for use in the manufacture of galvanized steel and produces value-added zinc products, primarily zinc oxide and zinc dust, which are used in the vulcanization of rubber products, the production of corrosion-resistant paint and in other specialty chemical applications. US Zinc operates six zinc facilities in the United States and a newly built zinc oxide facility located outside of Shanghai, China.

Smurfit-Stone mill earns OSHA safety award

Smurfit-Stone Container Corporation’s Uncasville, Connecticut, containerboard mill has earned the Safety and Health Recognition Program (SHARP) award, the highest certification given to small employers for workplace safety and health.

The SHARP designation allows Smurfit-Stone exemption from OSHA’s general schedule inspection list during the two-year award period.

A voluntary program, SHARP recognizes small employers who operate an exemplary safety and health management system. Smurfit-Stone’s Uncasville mill employs approximately 100 people. Companies participating in SHARP must request a comprehensive safety and health consultative visit involving a complete hazard identification survey and involve employees in the process. All identified hazards must then be corrected, with the injury and illness rates being lower than the national average for that industry.

Doosan acquires several Bobcat businesses

Doosan Infracore announced that it has completed the acquisition of the Bobcat, Utility Equipment and Attachments businesses from Ingersoll Rand Company, Ltd.

Doosan said that the three entities will operate as individual businesses of Doosan Infracore International, a U.S.-based subsidiary of Doosan Infracore, and will be known as Bobcat, Doosan Infracore Portable Power (formerly Ingersoll Rand Utility Equipment), and DII Attachments (formerly Ingersoll Rand Attachments).

Doosan Infracore has paid $4.9 billion for Bobcat, Utility Equipment and Attachments businesses in the largest overseas acquisition in Korea’s history.

SIMS Group makes acquisition in India

Sims Group announced the acquisition of Trishyiraya Recycling India Pvt. Ltd. in India. This acquisition is in line with Sims Group’s strategy to expand its Recycling Solutions division in the Asia Pacific Region.

Trishyiraya is an established recycler of electrical and electronic equipment located in the southern Indian city of Chennai, a major industrial hub in India.

The management team will include Kumar Radhakrishnan, who has overall responsibility for SRS Asian Pacific operations and Subash Warrier who is responsible for commercial affairs.

Linda Fisher named to Covanta board

Covanta Holding Corporation announced the appointment of Linda J. Fisher to its board of directors, effective immediately.

Fisher is vice president, safety, health and environment and chief sustainability officer for E.I. du Pont de Nemours and Company in Wilmington, Delaware.

Prior to joining DuPont, Fisher was deputy administrator of the United States Environmental Protection Agency. She also serves on the board of directors of the Environmental Law Institute, on the board of trustees of The National Parks Foundation, on the board of directors of RESOLVE, and on the board of directors for Resources for the Future.

Terry Sturgell joins Al-jon as a sales manager

Al-jon Manufacturing, a manufacturer of car recycling systems, car crushers, car loggers and landfill compactors, announced that Terry Sturgell has joined the company’s Scrap and Solid Waste Division as the Northeast territory sales manager.

Sturgell’s responsibilities will include selling car crushers, car loggers, scrap metal balers and landfill compactors. Prior to joining Al-jon, Sturgell was employed by Milton Cat.

Biogold partners with Green Universal Energy

Biogold Fuels Corporation ann-ounced a multi-year partnership designed to mutually benefit both companies by combining their resources, technologies, and core competencies to produce renewable energies and minimize the amount of trash and feedstocks going into landfills.

The agreement allows Biogold Fuels to bring the energy and waste stream contracts to joint projects, as well as its autoclave technologies, while Green Universal Energy will bring the energy conversion technologies and plant design know-how, as well as assist in obtaining the funding for each project. Alan Richmond and Moshe Krienberg of Green Universal Energy have also agreed to serve on Biogold Fuel’s advisory board.