The Transition Group
Tualatin, Oregon 97062
UNITED STATES
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| The company, which is Limited Liability Corporation, began operations in 2000. It processes coal refuse piles to retrieve the coal and reclaim the property with grass, etc. Reclaimed coal can then be used as pure and with a Synfuel synfuel credit ($27/ton) from the United States government (IRS), which is expected to be available through at least 2011 as approved by Congress. The company is currently owned by two individuals (99%/1%). Other key personnel are involved in the day-to-day consulting operations of the business. The company is operated on a 6-day a week, single shift basis, with potential to be expanded to a 6-day, 2-shift operation, starting in 2004. The primary market area for the company is the mid-Atlantic region of the United States, but the market is expandable beyond this region. |
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