Transcript Are We Cashing Out Our Legacy?

Choosing Green
This is Not a New Issue
• “We shall require a substantially new
manner of thinking if mankind is to
survive.”
-Albert Einstein
Fossil Fuel
• Some “Inconvenient Truths”
– There is a finite supply
– Emissions from burning it harm our
environment
– Much of it is in places that are unfriendly to
the US and politically unstable
Fossil Fuel Geography
Fossil Fuel Geography
Iran
United Arab
Emirates
Fossil Fuel
• At current consumption rates, the supply
will last an estimated 50 years
• Reducing consumption now is critical to
extending this timeframe
– Lightweight, fuel efficient cars
– Substitute materials to replace plastic
– Recycle materials already in existence
Choosing Green
• The question is not if we will reduce our
dependence on oil
• The question is when and how much pain
we will have to endure before we decide
to reduce it
Choosing Green
Choosing Green
• The United States has a choice
– Cash in our Legacy and continue our
dependence on Oil
- Or – Embrace the transition and lead the way
forward
Short Term Economics
• The short term will be more expensive
– Changes in infrastructure
– Changes in manufacturing methods
– Changes in buying habits
• Government can help
– Funding
– Mandates
Long Term Economics
“Companies that produce goods and
services aimed at battling climate change
generated $300 billion in annual
revenues, surpassing the biotech and
1
software sectors combined.”
1. “Companies Tackling Climate Change Top $300B,”
Climate Biz, 13 October 2008
What is Concept Industries Doing?
Grand Rapids, Michigan, USA
Nonwoven Products
• Acoustic Products
– Lightweight Dash Insulator
– Lightweight Carpet Underlayment
– Door Acoustic Watershields
• Trim Products
– Headliner Substrate Materials
– Headliner Air Caps
– Door Trim Bolsters
– Seating Topper Pads
– Door Bolsters
– Package Trays
– Load Floors
– Column Covers
Eco-CoreTM Nonwovens
• Various Natural Fiber Levels
– Up to 85%
• Lighter weight than 100%
Plastic
• Superior Strength
• 3 Dimensionally Moldable
– Thermo Form or Thermo Set
• Multi-Layer Laminates
Eco-CoreTM Nonwovens
• Renewable Natural Bast Fiber
• Currently grown and harvested by hand
• Could be grown in the US with support
for harvesting equipment
Soni-CorTM Nonwovens
• 100% synthetic or combination
synthetic and natural fiber
– Recycled Synthetic Fibers
– No loss manufacturing
• Outstanding Compression
Resistance
• Superior acoustical
performance
Nature CoreTM
• Concept Industries has
partnered with HNI to develop
and produce Nature Core, a
natural fiber replacement for
fiberglass
• Nature Core is offered on the
Initiate line of HON Office
Furniture
• Additional Fiberglass
replacement options are
available
A Small Start
“Without a major push by companies—in
partnership with federal and local political
leaders, activists, and consumers—
what's going on isn't much more than
2
random acts of greenness.”
2. Joel Makower, “In Recession, Business Keeps Going Green,”
Business Week, 2 February 2009
What’s Next?
• You all have a choice
– Cash in our Legacy and continue our
dependence on Oil
- Or – Embrace the transition and lead the way
forward
Choose Wisely