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Special Legal Note - 06/2011

Bridgestone has recently been made aware that certain individuals and companies have claimed to represent Bridgestone while using Bridgestone's name and past experience to enter into project partnerships, and to bid on international projects.  The apparent purpose of this illegal activity is to obtain fees and expenses from the other project participants.  This has been done without the approval or permission of Bridgestone.

To avoid any possible recurrence of this illegal activity, if you have been contacted by anyone claiming to represent Bridgestone, if in any doubt, prior to entering into any agreement, partnership agreement or project bid, please contact Bridgestone at solutions@brdgstn.com or +1-610-388-6191.

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Bridgestone Associates Ltd.'s Affiliate Bridgestone Energy Services, Ltd. Signs Support and Supply Contracts with Ukrainian Based Space Vehicle Launch System Manufacturer PDF

Chadds Ford, Pennsylvania, USA, December 3rd, 2013 – Bridgestone Associates, Ltd.’s affiliate Bridgestone Energy Services, Ltd. (www.brdgstn.com) recently announced the signing of two separate contracts with a Ukrainian based manufacturer of components and systems for the Alcantara Launch Complex in Brazil.  The Alcantara Launch Complex has been designed and built to provide the Brazilian and Ukrainian Governments with space launch capabilities to launch satellites into Earth orbit using the Ukrainian Cyclone-4 launch vehicle.

Under the first contract with Limited Liability Company “Scientific and Production Enterprise Cryon” of Dnepropetrovsk, Ukraine, Bridgestone Energy Services will arrange and provide specialist training on the installation of specialized hydraulic fittings.  Four technicians and an interpreter will travel to the USA for the training arranged by Bridgestone Energy Services to be provided by a Pennsylvania based hydraulic component and equipment supplier.

Under the second contract with Triomiks Group, Ltd. of Victoria, Mahe, Seychelles, Bridgestone Energy Services will assist Cryon in sourcing specialized hydraulic components and installation tools.  These components will be used in the manufacture of sub-assemblies in Dnepropetrovsk, Ukraine and then later shipped to Brazil for final assembly at the Alcantara Launch Complex.

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Bridgestone Associates Ltd. Completes 40 MW CHP Feasibility Study With Bryan Power Generation

Chadds Ford, Pennsylvania, USA, November 30th, 2013 – Bridgestone Associates, Ltd (www.brdgstn.com) recently completed a detailed study on the economic, technical and environmental feasibility of a 40 MW CHP plant with Bryan Power Generation Solutions Group, LLC. (www.bryan-power.com) of Colorado Springs, Colorado. The study examined the suitability of a range of new and used combustion turbine alternatives, balancing overall economic performance and capital costs with cycle efficiency and the ability to meet the host site’s steam and electrical requirements.

The CHP feasibility study was prepared for a large paper mill client of Bryan Power with a 70 – 80 MW electrical load and a high pressure steam load of over one million pounds per hour. The combustion turbine based CHP plant will run in parallel with an existing 40 MW steam turbine based CHP plant already installed and operating at the paper mill.

 

Based on the balance of initial capital costs, electrical and thermal energy output, and overall efficiency, a fully refurbished used General Electric Frame 6 combustion turbine with new Heat Recovery Steam Generator (HRSG) was selected as the best alternative. Bryan Power will provide the refurbished and new equipment and the plant installation on a turnkey basis to their client.

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Bridgestone Associates Ltd. Completes Manufacturing Energy Sales Tax Exemption Studies for Two More Pennsylvania Clients

Chadds Ford, Pennsylvania, USA, September 30th, 2013 – Bridgestone Associates, Ltd (www.brdgstn.com) recently announced completion of separate sales tax exemption energy studies for two more manufacturing clients in Pennsylvania.  The two clients, an electronics component manufacturing facility and a commercial helicopter re-manufacturing plant, have used the results of these studies to file exemption certificates (Revenue Form 1220) with the Commonwealth of Pennsylvania Department of Revenue to claim exemption from Sales and Use Taxes on the energy used directly in their manufacturing processes.  As a result of these studies, the electronics component manufacturer can claim an exemption from sales tax on 40% of the energy used within the plant, and the helicopter re-manufacturing plant can claim an exemption on 42% of their energy use.The remaining energy use in both facilities is for non-manufacturing purposes and is not exempt from sales taxes.

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Bridgestone Associates Ltd. Completes Manufacturing Energy Sales Tax Exemption Studies for Pennsylvania Clients

Chadds Ford, Pennsylvania, USA, June 1st, 2012 – Bridgestone Associates, Ltd (www.brdgstn.com) recently announced completion of two separate sales tax exemption energy studies for manufacturing clients in Pennsylvania.  The two clients, a 250,000 sq. ft. commercial bakery and a 110,000 sq. ft. commercial printer have used the results of these studies to file exemption certificates (Revenue Form 1220) with the Commonwealth of Pennsylvania Department of Revenue to claim exemption from Sales and Use Taxes on the energy used directly in their manufacturing processes.  As a result of these studies, the commercial bakery client will save over $85,000 each year and the commercial printer over $14,000 each year in Sales and Use Taxes they would otherwise have paid on their energy use.

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