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Acquisition Opportunity

CONFIDENTIAL

Greg Beeche Logistics, LLC Work Access Systems

Waterford, NY

www . g r e g b e e c h e . c o m

Disclaimer: This Report contains confidential and proprietary information about the business of our client. It is to be used for the purpose of evaluating the Company as a potential purchase.

The information and materials in this Report have been provided by the Client. While the Client believes that such information is accurate, accuracy is not guaranteed, nor should the information be considered complete. Statements contained in the presentation, which cover matter of opinion, whether or not so identified, are that only, and are not representative of fact. No representations or warranties are herein expressed or implied. This Report is solely for the confidential use of the individual to whom it has been given and it must be returned if the recipient decides not to purchase the Company.

This business is offered by:

Gottesman Company

200 East 71st Street New York, NY 10021

This document is authorised for use only in MBA - Realising Entrep Potential (000653) at INSEAD - Mar 2015 - Aug 2015 – by Professor(s) Timothy Bovard. Copying, printing or posting is a copyright infringement.

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Greg Beeche Logistics, LLC

www . g r e g b e e c h e . c o m

EXECUTIVE SUMMARY

Key Investment Considerations

<Ability to design, engineer and manufacture customized Work Access and

material hoisting systems for even the most difficult applications>

<Fully engineered, adaptable modular Work Access System for bringing men

and materials together to perform work in difficult to access locations>

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TABLE OF CONTENTS

4 | Background

5 | Products and Services

9 | Marketing and Sales

11 |Competition

11 |Facilities

12 | Plans for Growth

13 | Management and Employees

15 | Comments and Conclusion

15 |Financial Summary

17 |Gallery

29 |Appendix A: Tractel Products Inventory & ADT Inventory

30 | Appendix B: Video Resources

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BACKGROUND

Greg Beeche Logistics (GBL) rents Work Access Systems and provides services for a wide range of construction and maintenance projects. Beyond solving unique access problems, high-performance ADT (Aluminum Double Track) Work Access Systems are fundamentally shaping the way the construction industry works. Wherever workmen require access to otherwise out-of-reach work locations, GBL commits to designing viable Work Access solutions and providing the custom equipment required to accomplish the project. GBL is known to a wide variety of construction-related industries for its consistent ability to ingeniously solve Work Access challenges in a manner that is both safe and efficient. The patented ADT system allows GBL to quickly and efficiently set up a Work Access system for its clients saving them time and money, setting them ahead of their competition.

Whatever the specific Work Access solution, whether it consists of a continuous monorail system designed to smoothly convey glass panels around the perimeter of a new skyscraper’s roof, or of a large scale Workstation designed to put into reach the entire underside of an historic long-span bridge in need of repairs, Greg Beeche Logistics takes Pride in offering the most streamlined and cost effective solutions to its clientele. Greg Beeche has been recognized as an industry leader in development of Work Access design concepts and technologies for over 30 years. Greg has worked all over the world, with past projects in major world cities such as London, Dubai, and Brussels. In 2001, Greg Beeche Logistics was launched, with the introduction of the ADT Work Access System. The invention of this adaptable modular system has completely transformed the logistics of Work Access.

Goldman Sachs World Headquarters, New York City (full perimeter monorail system with branches for building insets and custom panel lifting beams)

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PRODUCTS & SERVICES

Greg Beeche Logistics, LLC (GBL) maintains a suite of patents which serve as the foundation for their products. It is this foundation or building block that allows them to adapt specialized equipment to fit the needs of each client“on the fly”, thus minimizing startup and turnaround time as new phases of work are introduced. GBL’s innovative and custom-engineered Work Access Systems allow their clients to reconfigure and adapt to any new condition that arises. This enables GBL to create a more cost effective environment for their client whileproviding the mostefficient, the most powerful, and the safestWork Access solutions possible.

ADT-Based Products

ADT (Aluminum Double Track) is the key to creating simple, strong, adaptable structural assemblies, empowering GBL’s clients to accomplish their work safely and efficiently. From simple davits and outriggers to dynamic whole building systems for coordinating and moving men and materials, GBL is committed to providing Work Access solutions which surpass their clients' needs. Powered Work Platforms, re-locatable Workstations, mobile structuralframes, continuous monorail or roof track Systems... with the ADT shape there is no limit to where the customer can reach.

Times Square Plaza (11 Times Square), New York City (traversing custom rig for installation of 2,900-lb corner panels and an associated Work Platform)

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Beeche Mobile Boom Hoist

The freely traversing, fully rotating material handling capabilities of the Beeche Mobile Boom Hoist makes it a perfect companion to GBL's ADT-based equipment. The flexible nature of the Boom Hoist design allows GBL to provide a variety of different types to suit each project’s specific needs. While simple in its design, the Boom Hoist is sophisticated in its state-of-the-art engineering and method of operating control. The Boom Hoist may be used on existing tracks or GBL-engineered tracks, as well as on concrete floors, roofs, or other surfaces. Shipped substantially assembled, the Boom Hoist is easily taken apart for construction hoist transport and reassembled at its final work destination.

Seven World Trade Center, New York City ( two rooftrack-rolling, remote-controlled Beeche Mobile Boom Hoists provided up to 24 feet of reach )

http://www.gregbeeche.com/mobile01.html

http://www.gregbeeche.com/mobile02.html

http://www.gregbeeche.com/mobile03.html

http://www.gregbeeche.com/mobile04.html

http://www.gregbeeche.com/mobile05.html

http://www.gregbeeche.com/mobile06.html

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Research and Development

GBL is at the cutting edge of design and innovation with the products it has developed over the past ten years. Greg Beeche Logistics has recently developed a thirty-axis computer control utilizing variable frequency drives and software in collaboration with the German company, Siemens. The computer control system fully synchronizes the movement of 10 traction hoists along with 20 wire rope winder motors. This type of controls technology exists nowhere else in the suspended access or hoisting industry around the globe. This development revolutionizes both the safety and efficiency of vertical movement of suspended platforms and hoisting of materials. GBL is currently taking this technology further with the development of a proprietary robotic machine for panel lifting, handling and installation - a development inspired by the need to increase worker safety. The benefits of the panel installer go beyond safety and productivity increases. This panel installation machine will drastically change how glass panels are erected. Greg Beeche Logistics utilizes its research and development to further its competitive edge in the marketplace as the leader in innovative, safe and productive access and material handling systems. In fact, GBL’s engineered methods in which they design custom assemblies on each and every project application, allows for a constant improvement of its technology from project to project. Most other companies that would be considered “competitors” are limited to off-the-shelf, conventional catalog-based components.

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GBL Services

For GBL, Work Access means more than just renting equipment. Whether providing simple material hoists or custom large-scale Work Access Systems, Greg Beeche Logistics is committed to providing the support services its customers need, from design development and logistics to equipment installation, maintenance and repairs, and everything in-between. GBL always works to solve the specific challenges and contingencies of each project, however big or small.

United Nations Secretariat Tower, New York City ( GBL workers trained in special rigging operations installing custom hoisting equipment )

http://www.gregbeeche.com/services01.html

http://www.gregbeeche.com/services02.html

http://www.gregbeeche.com/services03.html

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MARKETING AND SALES

GBL maintains numerous customers on a return basis and their entire new customer base is generated by word of mouth. This company is known both internationally as well as domestically as the go -to-company for getting the seemingly impossible job done.

Projects

Greg Beeche Logistics, LLC has completed over 400 projects since 2001, including:

United Nations Secretariat Tower:New York City

Haj Terminal : Saudi Arabia

London Tower Bridge : London

Tour duMidi Building : Brussels

Time Warner Center(10 Columbus Circle) : New York City

New York by Gehry (Beekman Tower) : New York City

KessockBridge : Inverness, Scotland

One Times Square : New York City

National Westminster Bank Tower : London

One Bryant Park : New York City

Emirates Towers : Dubai

Condé Nast Building (4 Times Square) : New York City

London Tower Bridge (two traversing Workstations are visible at top structure between towers)

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Times Square Plaza (11 Times Square) : New York City

100 Park Avenue : New York City

Burj Al Arab (Chicago Beach Hotel) : Dubai, UAE

30 Rockefeller Center : New York City

Seven World Trade Center : New York City

New Yankee Stadium : New York City

Museum of Modern Art (MoMA) : New York City

Burj al Arab : Dubai

Cornell University Medical Center : New York City

Castleton-on-Hudson Bridge : Albany, New York

The Sony Tower (550 Madison Avenue) : New York City

New River Gorge Bridge, Fayetteville, North Carolina

Borgata Hotel Casino Tower : Atlantic City

Columbia University 60 th

Street : New York City

Memorial Sloan-Kettering : New York City

Woolworth Building : New York City

The Plaza Hotel : New York City

IAC Headquarters Building : New York City

Citigroup Building (One Court Square) : New York City

Westin Hotel Times Square : New York City

Goldman Sachs World Headquarters : New York City

Hearst World Headquarters : New York City

Revel Resort &Casino : Atlantic City

American Airlines Terminal at JFK Airport : New York City

330 Madison Avenue : New York City

150 Amsterdam Avenue : New York City

Clients

GBL maintains working relationships with a significant customer base, including:

W&W Glass, LLC

Permasteelisa North America Corp.

Tower Installation

Enclos Corp.

Benson Industries, LLC

Egan Architectural Metal and Glass

Walters and Wolf

Gamma USA

Massey’s Plate Glass & Aluminum Inc.

Karas&Karas Glass Co.

Alps UK Ltd.

GIBCA Group, Sharjah, UAE

Al-Abbar Group, Dubai, UAE

CONFIDENTIAL

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COMPETITION GBL’sstate of the art, cutting edge technology combined with decades of industry experience make Greg Beeche Logistics the unparalleled leader in Work Access. GBL continuously pushes the limits of what is possible in the access and hoisting industry. As such, GBL has no true competitor in the market. With their patent-pending ADT Work Access System that serves as the material foundation for their work, they have the ability to design and manufacture infinite custom assemblies on demand and within limited timeframes. The use of the ADT composite beam enables them to build 95% of what is needed on almost all building applications. Their ability to combine safe worker access with efficient material handling marks a quantum leap in productivity over any conventional method currently employed. While there are other players in the Work Access industry, there are none able to match the unique characteristics of GBL’s offering. Competing methods for lifting workmen and materials to an elevated work position mostly utilize the same methods that have been available for the last 50 years. Thus, GBL enjoys a significant competitive edge in the projects where they bid.

FACILITIES GBL is headquartered in Waterford, NY, where it maintains two buildings totaling approximately 25,000 square feet. The facility is currently used for manufacturing, warehouse storage and office space. GBL’s headquarters is located on a five acre site with space for future expansion. The larger of the two buildings can be readily expanded to double its current size. The buildingsare owned by Greg Beeche and are available for sale or lease. In addition, GBL also leases approximately 1,500 square feet of office space near Grand Central Station in New York City.

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PLANS FOR GROWTH

The company can take these specialized Work Access Systems and highly skilled management team and expand outward both domestically as well as internationally. They will target acquisitions of suspended access companies that have a footprint in their local markets. GBL can design, manufacture and ship all products from their facility in Waterford while operating a small salesand service office at each new location – a true hub and spoke operation. This will allow the company to maximize profits and minimize overhead. Priority targeted locations include:

Priority Targeted Locations

Metropolitan statistical area

Population estimate Change, 2000 to 2009

Ranking

Population estimate

July 1, 2009

April 1, 2000

estimates base

Number % July 1,

2009

April 1, 2000

estimates base

New York-North New Jersey-Long Island, NY-NJ 19,069,796 18,323,439 746,357 4.1 1 1

Los Angeles-Long Beach-Santa Ana, CA 12,874,797 12,365,628 509,169 4.1 2 2

Chicago-Naperville-Joliet, IL-IN-WI 9,580,567 9,098,630 481,937 5.3 3 3

Dallas-Fort Worth-Arlington, TX 6,447,615 5,161,537 1,286,078 24.9 4 5

Philadelphia-Camden-Wilmington, PA-NJ-DE 5,968,252 5,687,158 281,094 4.9 5 4

Houston-Sugar Land-Baytown, TX 5,867,489 4,715,417 1,152,072 24.4 6 8

Atlanta-Sandy Springs-Marietta, GA 5,475,213 4,248,021 1,227,192 28.9 9 11

Boston-Cambridge-Quincy, MA-NH 4,588,680 4,392,349 196,331 4.5 10 10

San Francisco-Oakland-Fremont, CA 4,317,853 4,123,745 194,108 4.7 13 12

Seattle-Tacoma-Bellevue, WA 3,407,848 3,043,897 363,951 12.0 15 15

San Diego-Carlsbad-San Marcos, CA 3,053,793 2,813,834 239,959 8.5 17 17

Baltimore-Towson, MD 2,690,886 2,553,022 137,864 5.4 20 19

Denver-Aurora-Broomfield, CO 2,552,195 2,179,343 372,852 17.1 21 22

CONFIDENTIAL

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MANAGEMENT AND EMPLOYEES GBL employs approximately 25-30 union workers.Below is a list of the key management in place:

Gregory L Beeche - Member Manager

Greg founded his first construction company, an erector of metal deck and wall panel, in 1972. From that

foundation he developed his first suspended platform and support carriage system that was patented and included

over 50 claims. He proceeded to develop numerous subsequent patented access platform and material lifting

systems over the next 40 years. Greg successfully developed numerous unique and innovative systems that

revolutionized the building façade construction industry. The systems he has developed not only increase worker

productivity, but greatly enhance jobsite safety as well. Greg has developed systems for work on hundreds of

prestigious projects across the world including: Burj al Arab in Dubai, National Westminster Bank Tower in London,

Tour du Midi Building in Brussels, AT&T Global Olympic Village in Atlanta, Borgata Casino in Atlantic City and the

Trump World Tower in New York.

Kirk P Beeche - Director

Kirk has over 26 years work experience in the suspended access, material handling and scaf fold industry. Kirk and

Greg worked together for 13 years growing an access and material lifting company that was eventually acquired by

a conglomerate. He has experience as a project manager with one of the largest curtain wall

designer/manufacturer/erection companies in the United States. Kirk also managed the New Jersey branch of

Safway Services, the largest scaffold company in the country. Kirk successfully led the branch growing it to $20

million of revenue. Kirk returned to work with Greg at GBL in 2010. He has overseen work on a number of high

profile projects including the Bloomberg Tower, Cira Centre, Seattle Convention Center, Meadowlands Xanadu and

the United Nations Secretariat. Kirk received his Bachelor of Arts degree from Hamilton College in 1985 and

attended the MBA program at Rensselaer Polytechnic Institute.

Paul Hill - Assistant Director / Designer

Paul has worked with GBL since 2004 after a brief stint in the civil engineering industry. Paul splits his time

between field installation management and office project management. He is involved with most GBL projects

including the Bank of America Building (One Bryant Park), Trump Soho (246 Spring St.), New York Presbyterian

Hospital’s Heart Center & Hospital for Special Surgery, Barnard College, and Columbia University. Paul attended

Hudson Valley Community College, and is currently pursuing his New York City Special Riggers License. He is

registered as a Rigging Foreman through the NYC Department of Buildings.

Allen DiAlberto - Professional Engineer

Allen has 19 years of engineering experience, with 13 of those years directly related to the hoisting and scaffolding

industry. Allen joined GBL in 2009. Since then he has been responsible for engineering code compliance, site

inspections and engineering reviews. As the use of computer controls has increased, Allen has been involved in the

design, implementation and assembly of computer based systems that allow precise control of hoisting and

scaffold systems, dramatically increasing the safety and usability of these systems. Allen holds a Bachelor of

Science degree from Rensselaer Polytechnic Institute.

Shawn Blair - Designer

Shawn joined GBL in 2001, following 10 years designing, coordinating information, and facilitating communications

at various architecture and engineering firms. In addition to his organizational role at GBL, he has worked on many

high profile projects including the United Nations Secretariat, Goldman Sachs World Headquarters, the Sony

Tower, 7 World Trade Center, and One Times Square. Shawn received his bachelor’s degrees in Architecture and

Building Science from Rensselaer Polytechnic Institute in 1991.

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Jason Mitola - Designer

Jason joined GBL in 2008, bringing with him more than 14 years of design, sales, and support experienc e in the

scaffold and engineered access industries as well as the concrete forming and shoring industries. Jason has been

involved in many GBL projects, including Revel Resort and Casino, Beekman Tower, One Jackson Square, PPC Bruce

Mansfield Plant, and 745 7th Ave (Barclays), NYC. Jason has a Bachelor of Science degree in Civil Engineering from

the State University of New York at Buffalo.

Chris Merrill - Project Manager / Director of Safety & Security

Chris has worked for GBL since 2005. He is responsible for custom machinery and electronics operations on all GBL

projects, and also oversees GBL’s Training and Safety programs. Before working at GBL he was a Product Engineer

for 7 years at the world’s largest manufacturer of suspended scaffolding equipment, w here he gained technical

proficiency in the design and installation of electro-mechanical equipment for industrial applications. He has in-

depth knowledge and experience designing and implementing custom electronics and controllers. Chris graduated

from the University of Maine with a Bachelor of Science in Chemical Engineering in 1999. He is now preparing to

become a licensed Special Rigger in NYC and is working on obtaining his forklift license.

Kimberly Covert - Office Manager

Kim has 10 years of experience working in the banking industry prior to joining GBL in 2010. Kim utilizes her

banking and finance background in managing the accounting and banking functions for GBL. She is responsib le for

all accounting functions, including interfacing with GBL’s CPA firm and bank Business Relationship Managers. She

manages office administration and human resources as well. Kim attended St. Rose College.

Alex Dolezel - Plant Manager

Alex has been with GBL since 2003 and is responsible for shop manufacturing production , including material

purchasing and maintaining production schedules. Since joining GBL, Alex has been intimately involved in

equipment fabrication, pre-assembly, and packaging for nearly every project, including design consulting and

construction site visits when needed. Prior to joining GBL, Alex worked as Quality Inspector Manager at an

electronics and equipment manufacturing facility and also spent time as a residential builder. Alex received a

Management degree from Prostejov, Czech Republic’s technical institute.

Ernie Spader – Manager of Field Services

With over 20 years of experience in the construction industry including over 10 years in the access and material

handling industry, Ernie is uniquely qualified to manage field operations on a variety o f complex projects. He is a

highly trained rigger foreman qualified to maintain safe standards and manage workflow in a variety of unusual

conditions including offshore work.

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Gottesman Company makes no representations or warranties in connection with the information contained herein. 15 | P a g e

COMMENTS & CONCLUSIONS

GBL is looking to expand and grow into new geographies and would be interested in selling either a minority or majority stake in the company. All current management plans to stay on board and look forward to the opportunity to work towards the growth opportunities.

FINANCIAL SUMMARY

Profit & Loss Summary

2011est 2,010 2,009

Sales 9,500,000 8,350,227 6,542,600

Cost of Goods Sold 7,315,000 6,454,018 6,356,603

Gross Profit 2,185,000 1,896,209 185,997

Operating Expenses 570,000 492,694 321,137

Income From Operations 1,615,000 1,403,515 -135,140

Other Income (-Expenses) -156,000 -156,162 -153,576

Net Income 1,459,000 1,247,353 -288,716

restate earnings:

Net Income 1,459,000 1,247,353 -288,716

Depreciation & Amortization 470,000 463,992 455,035

Interest Expense 156,000 156,162 153,576

Compensation Shareholder 300,000 300,000 300,000

Non-Continuing Discretionary Expenses 2,200,000 2,165,846 2,999,418

Total 4,585,000 4,333,353 3,619,313

less:

Rental Value of Real Estate 259,000 259,000 259,000

Restated Earnings 4,326,000 4,074,353 3,360,313

CONFIDENTIAL

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Balance Sheet -- December 31, 2010 Restated Balance Sheet

Assets Add Assets

Current Assets Current Assets

Cash 205,005 Cash 205,005

Receivables 1,305,300 Receivables 1,305,300

Inventories 135,085 *9,640,373 Inventories 9,775,458

Work in Process 1,024,750 Work in Process 1,024,750

Total Current Assets 2,670,140 Total Current Assets 12,310,513

Property & Equipment, net

3,726,736 Property & Equipment, net 3,726,736

Other 53,482 Other 53,482

Total Assets 6,450,358 Total Assets 16,090,731

Liabilities & Equity Liabilities & Equity

Current Liabilities Current Liabilities

Accrued Expenses 225,151 Accrued Expenses 225,151

Accrued Sales Tax 100,000 Accrued Sales Tax 100,000

Accounts Payable 344,807 Accounts Payable 344,807

Current Portion LTD 374,908 Current Portion LTD 374,908

Total Current Liabilities 1,044,866 Total Current Liabilities 1,044,866

LTD less Current Portion 2,782,811 LTD less Current Portion 2,782,811

Total Liabilities 3,827,677 Total Liabilities 3,827,677

Members Equity 2,622,681 *9,640,373 Members Equity 12,263,054

Total Liabilities & Equity 6,450,358 Total Liabilities & Equity 16,090,731

*Balance sheet is restated to show value of Off-Balance-Sheet Inventory. This consists of $7,727,873 in Hoist and

Stage Equipment and $1,912,680 in ADT (Aluminum Dual Track) Inventory, totaling $9,640,373. These items were

expensed in previous years, but are returned to inventory at the end of a project’s life. See Appendix for list of

items.

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GALLERY

Please continue for further information on selected GBL projects.

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Goldman Sachs World Headquarters, New York City

Work Coordination Canopy with Access Catwalk & Custom Vertical Track-Riding Panel Lifting Frames.

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One Bryant Park, New York City

This Workstation acted as a landing platform for delivering large panel packages into the building.

CONFIDENTIAL

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United Nations Secretariat Tower, New York City

Continuous electronically powered four story Work Platforms provide access to each side of this thin tower.

The platforms are suspended from rooftop ADT frames which reach up to 35 feet high over the parapet walls.

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330 Madison Avenue, New York City

Work Platform suspended from rooftop Structural Frame, with Material Hoisting Gantry below.

CONFIDENTIAL

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IAC Headquarters Building, New York City

Beeche Mobile Boom Hoist with 24 feet of reach allows workers to set panels with ease.

CONFIDENTIAL

Gottesman Company makes no representations or warranties in connection with the information contained herein. 23 | P a g e

Castleton Bridge, Albany, New York

Quick-Access Work Platform delivers men and materials to Relocatable Workstation.

The Workstation provides Access to the bridge piers and the underside of the bridge spans.

CONFIDENTIAL

Gottesman Company makes no representations or warranties in connection with the information contained herein. 24 | P a g e

330 Madison Avenue, New York City

Custom track-rolling Structural Frame on raised towers for access above top of existing 40-foot screen wall.

CONFIDENTIAL

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The Sony Tower (550 Madison Avenue), New York City

Powered rooftrack-rolling rig with vertical track-riding Work Platform.

The Work Platform utilizes powered actuators to maintain level while gliding up & down along the tracks.

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Gottesman Company makes no representations or warranties in connection with the information contained herein. 26 | P a g e

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One Bryant Park, New York City

This custom powered Carriage rolled along sloped tracks to provide access on this difficult highrise profile.

CONFIDENTIAL

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One Commerce Plaza, Albany, New York

A variety of Work Platforms and Workstations are used on this tower to provide custom access for each condition.

CONFIDENTIAL

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Hearst World Headquarters, New York City

This Monorail-rolling Workstation provided access to the entire underside of this skylight during construction.

Quick-Access Work Platforms allowed men and materials to access the Workstation as needed.

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Gottesman Company makes no representations or warranties in connection with the information contained herein. 30 | P a g e

Appendix A: Tractel Products Inventory& ADT Inventory

TRACTEL PRODUCTS INVENTORY

ITEM DESCRIPTION/MODEL QTY UNIT PRICE TOTAL

XE301P (700/1, 125V 1PH 20A) 183 $8,180 $1,496,940

XE301PA (700/1, 250V, 1PH 20A) 27 $7,713 $208,251

XE500P (1000/1, 250V 3PH 20A) 8 $8,053 $64,424

LE501P (1000/1, 250V 1PH 20A) 18 $8,705 $156,690

TE401 (1000/1, 250V 1PH 20A) 5 $9,452 $47,260

XE501PA (1000/1, 250V 1PH 20A) 64 $8,678 $555,392

XE501P (1000/1, 125V/250V 1PH 20A) 1 $9,382 $9,382

XE503 (1000/2, 250V 3PH 20A) 6 $9,664 $57,984

XE506 (1000/2, 250V 3PH 20A) 4 $10,066 $40,264

XE701P (1500/1, 250V 1PH 20A) 15 $9,739 $146,085

XE703P (1500/2, 250V 3PH 20A) 15 $11,230 $168,450

XE706P (2000/2, 250V 3PH 20A) 4 $11,698 $46,792

TE1020P (2000/1, 250V 3PH 20A) 34 $14,600 $496,400

TE1023 (2000/2, 250V 3PH 20A) 18 $17,520 $315,360

TE1027 (2000/2, 250V 3PH 20A) 3 $23,944 $71,832

XE1023 (2400/2, 250V 3PH 20A) 182 $12,887 $2,345,434

Lissmac - LMK 400 16 $34,280 $548,480

Thern Winch 24 $2,610 $62,640

Dynafor LLX2-6.3 13 $4,494 $58,422

TU-17 10 $1,169 $11,690

TU-28 8 $1,860 $14,880

TU-32 10 $2,672 $26,720

T-516 16 $1,250 $20,000

T-508 4 $910 $3,640

BS/BSO500 6 $2,392 $14,352

BS35.30 40 $755 $30,200

BS20.301 60 $515 $30,900

BSA15.301 20 $604 $12,080

BS15.301 125 $428 $53,500

Drum Winder Kits 52 $3,689 $191,828

Skysafe Modular Platforms 18 $2,462 $44,316

Skysafe End Stirrup 12 $680 $8,160

Skysafe C-Stirrups 6 $1,761 $10,566

HF32/2/A 16 $1,838 $29,408

1 Ton Beam Clamp 46 $105 $4,830

2 Ton Beam Clamp 51 $124 $6,324

3 Ton Beam Clamp 42 $167 $7,014

1/2 Ton Push Trolley 30 $135 $4,050

1 Ton Push Trolley 276 $184 $50,784

2 Ton Push Trolley 241 $258 $62,178

1/4 Ton Lever Hoist 18 $99 $1,782

CONFIDENTIAL

Gottesman Company makes no representations or warranties in connection with the information contained herein. 31 | P a g e

ITEM DESCRIPTION/MODEL QTY UNIT PRICE TOTAL

1/2 Ton Lever Hoist 3 $276 $828

1.5 Ton Lever Hoist 7 $359 $2,513

3 Ton Lever Hoist 2 $598 $1,196

1/2 Ton Chain Fall Hoist 30 $292 $8,760

1 Ton Chain Fall Hoist 57 $318 $18,126

2 Ton Chain Fall Hoist 60 $598 $35,880

3 Ton Chain Fall Hoist 3 $775 $2,325

2 Ton Electric Chain Fall Hoist 5 $2,915 $14,575

8-ft Platform Stage 18 $282 $5,076

12-ft Platform Stage 76 $315 $23,940

16-ft Platform Stage 42 $519 $21,798

18-ft Platform Stage 12 $643 $7,716

20-ft Platform Stage 6 $726 $4,356

24-ft Platform Stage 40 $892 $35,680

32-ft Platform Stage 6 $1,570 $9,420

Total Inventory Value: $7,727,873

ADT (Aluminum Double Track) Inventory

Most of the ADT aluminum material has been fabricated into equipment. However, the company owns approximately 850,000 pounds of this extruded aluminum material with a raw mill cost of $2.25/lb (avg). This amounts to $1,912,500 of asset inventory.

Appendix B: Video Resources

Video Presentation: Greg Beeche Logistics, LLC http://www.youtube.com/watch?v=s1hgOVuh9NU

Media Presentations: IAC Interactive Corporation Panel Installation

http://client.gregbeeche.com/iac.html (photos)

http://client.gregbeeche.com/iac/index.html (time lapse sequence)

Video Presentation: Beeche-Tishman Projects http://client.gregbeeche.com/promo/index.html

Video Presentation: New River Gorge Bridge, Fayetteville, West Virginia http://www.youtube.com/watch?v=yK3BNHHH0t8

CONFIDENTIAL

Gottesman Company makes no representations or warranties in connection with the information contained herein. 32 | P a g e

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