Newsline - July 2007

Newsline

MOTIONS AND PROMOTION

As part of its sales team expansion, Dallas, TX-based Dosmatic U.S.A./International, Inc. has announced the appointment of Matthew Derner as industrial sales manager for North America. Derner has six years of sales management experience, most recently in the petroleum market. He will be overseeing the sales, service, and management of specific market segments. Derner holds a mechanical engineering degree from North Carolina State University.

Mark VII Equipment Inc. of Arvada, CO, the U.S. subsidiary of WashTec AG of Germany, has announced three additions to its sales team.

Mike Reilly takes over as Midwest regional sales manager. Based in Louisville, KY, he is responsible for sales in Michigan, Indiana, Illinois, Iowa, Kansas, Missouri, Oklahoma, and Texas. Reilly has over 25 years of sales and management experience, and was most recently in charge of business development for a top Mark VII distributor. He holds a BS degree in business administration from the University of Louisville.

Todd Wood joins Mark VII as Northeast regional sales manager. Based in Reading, PA, he is responsible for sales in New England, the tri-state area, Pennsylvania and Ohio. His 20-year
career includes four years in the U.S. Marine Corps, six years at Sara Lee Corporation, and 10 years in the car wash industry as a sales representative for a top Mark VII distributor and as
national market development manager at Turtle Wax.

Mike Nusbaum assumes the role of business development manager for the company. Based in Chicago, he is responsible for sales in Northern Illinois. He has over 12 years of sales experience in the utomotive industry, including key sales roles at chemical suppliers Turtle Wax and Blendco Systems. Nusbaum has served as a director of the Chicagoland Carwash Association. He holds a degree from the College of Du Page.

MACE CLOSES AZ SALE

Mace Security International, Inc. has announced that it had closed on the sale of its Arizona Car Wash Region — consisting of 12 car washes — to Twisted Cactus Enterprises, LLC for $19,250,000 in cash plus $135,000 for inventory. The assets of the Arizona Car Wash Region were sold at a price above the recorded net book value of approximately $17.3 million. Nine of the car washes were owned and three were leased.

The proceeds from the transaction were used to pay down debt and fund further expansion. Mace has paid all of the debt associated with the Arizona car washes. The debt paid totaled approximately $8.9 million of principal, and $1.2 million of defeasance costs incurred as a result of the early retirement of the debt.

With the completion of this transaction and Mace’s previously announced sales of car washes and
executed definitive purchase agreements, the company now has 22 remaining car washes for sale, six of which are in Florida and 16 in Texas.

ROYAL BUILDING SOLD

Royal Building Technologies, a division of Royal Group Inc., has been sold to Galanda Building Products Inc.

Galanda Building Products is well acquainted with Royal’s concrete forming technologies, having constructed buildings totaling more than 10 million square feet, and currently holding 3 million square feet in its real estate portfolio. The company is committed to supporting Royal Building System’s current product line.

NEW WASH IN DANBURY, CT

Squeaky’s Car Wash is under construction at 85 Newtown Road in Danbury, CT, and is scheduled to open in August. This will be the first wash venture for the owners, partners Don Valentine, Richard Dubois, Frank Santora, and Frank Santora Sr

The site previously housed an auto dealership and a gas station. The conveyor car wash and detail center will measure 4,200 square feet. Traffic generators in the immediate area include a Wal-Mart store, a Super Stop & Shop, and an Xpect Discounts store.

NYSCWA AT SHEA

The New York State Car Wash Association (NYSCWA) and friends from neighboring associations — including the Car Wash Operator of New Jersey (CWONJ), Connecticut Carwash Association (CCA) and the New England Carwash Association (NECA) — enjoyed a picture perfect day on Friday, May 11, for its second outing to Shea Stadium in Queens.

The group started the day with a late lunch at the original Nathan’s Hot Dogs followed by a tour of Hollywood Car Wash in Brooklyn. Hollywood Car Wash is owned by Stephen Bernard and partners. The facility is 60 years old and features a full-service wash, detail shop, c-store, and lube. It was the first car wash in New York with a conveyor. The entire facility was remodeled over the last two years.

But the icing on the cake for attendees was the first-class treatment they received at Shea Stadium in the Diamond View Corporate Suite where they enjoyed food and beverages and a spectacular view of the game, featuring the Mets vs. Milwaukee.

Event sponsors, Ryko Manufacturing and Mang Insurance as well as the NYSCWA, even got their names up on the big screen!

The association’s next event is its first Casino Night scheduled for September 12 at the Marriott on Wolf Road in Albany. For additional information, visit www.nyscwa.com on the web, or call (800) 287-6604.

AWARDS FOR CITGO

The National Petrochemical and Refiners Association (NPRA) recently recognized CITGO Petroleum Corporation refineries with 14 awards for its safe operations during 2006. The awards were presented at the Safety Awards Banquet held in Houston. The awards included a Distinguished Safety Award (Honorable Mention) to CITGO’s Corpus Christi Refinery. Out of 121 participating refineries, only two were honored with this award.

Now in its 26th year, the NPRA Safety Statistics and Awards Program is part of a comprehensive safety program developed by NPRA’s Safety and Health Committee to promote accident prevention in the petroleum refining and petrochemical manufacturing industries, as well as the contractors supporting them, and to publicly recognize those facilities that for the previous year have achieved a high safety standard in their daily operations.

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