Jerome Gentolia, Chief Operating Officer of Oxford Group Services, is in talks with Vehicle Reclamation Services of Maryland, LLC (VRS) concerning their state-of-the-art vehicle reclamation/disassembly operations project.

In the USA alone there are over 18 million vehicles a year that reach the end of their useful life (EOLVs) or are to be scrapped at the traditional, open-air junk yards/shredders. These numbers will increase in 2009 from the impact of the Cash-for-Clunkers U.S. government program and are estimated to increase to over 20 million for 2010. VRS provides an indoor, environmentally friendly system that reclaims significantly more(99.5%) of the reusable constituent parts, materials and products than the traditional junk yard (40% to 60%)would and provides efficient removal of scrap metals, plastics, glass, rubber and other products to be sold in commodity lot sizes so that they can be recycled into new products by others. VRS will process a high volume of vehicles on the semi-automated disassembly line. This is based on a proven Dutch-manufactured system that can be built on a relatively small site.

Starting with one facility, VRS plans to acquire large numbers of EOLVs or scrap vehicles, disassemble the reusable parts to reclaim them for refurbishment or resale and process the remaining uncross-contaminated scrap. One center at full operation has the potential of providing scrap metal that would come from hundreds of junkyards, making it much more convenient and cost-effective for the purchaser. This one-stop shop also reclaims a much higher percentage of the vehicle's parts for resale than the traditional junkyard. They have already begun discussions with several companies to acquire EOLVs and scrap vehicles as well as for purchase agreements for the reclaimed materials and parts. Initial studies conservatively estimates that the United States alone could support more than 100 centers.

VRS has an experienced management team led by the founder, Mr. Gary R. Sander. They have already assembled several people with exceptional expertise in their respective fields. Mr. Sander has been involved in the manufacturing, construction, steel and chemical industries and his team has experience ranging from automotive and plastics industries to plant management and environmental engineering.

Jerome Gentolia has been keeping a close eye on the project as it has many of the qualities that Unilion Oxford Group is looking for in new projects. It uses state-of-the-art technology that also has a proven track record. It is economically viable and also environmentally friendly. Lastly, it will be generating income within 12 months.

Jerome Gentolia is the Chief Operating Officer of Oxford Group Services and also the Senior Vice President of Unilion Development Group, a private equity firm. He can be reached at jgentolia@uhl-unilion.com.