Green Tech Acquired by Champlain Financial Corporation
Green Tech Ag & Turf Inc. is pleased to announce that it has been acquired by a private group of investors led by Champlain Financial Corporation, a Canadian private equity investment firm, who will also provide the Company with growth capital that will be used to fuel an aggressive growth plan across Eastern Canada. Green Tech is now a member of Groupe Agricole J.L.D. Inc. ("JLD"), operating one of Canada's leading John Deere equipment dealership networks
JLD exclusively sells and services a comprehensive suite of John Deere agriculture, turf and light construction machinery through its retail network consisting of two flagship stores located near Montreal in Laval and Mirabel, Quebec; and two additional locations in Rimouski and Rivière-du-Loup in Eastern Quebec. The Company also owns an equity stake in a fifth location, Maltais & Ouellet, located in Alma, Quebec.
JLD was founded in 1972 by Mr. Jean-Yves Dion and Mr. Daniel Dion, who will remain as shareholders in the Company and will also remain actively involved in the ongoing development of JLD's long-term strategy.
JLD has also retained one of Champlain's operating partners, Mr. Frederic Latreille, a seasoned entrepreneur and former senior consultant with McKinsey & Company, who will assume the role of President of the Company. Mr. Latreille will lead the execution of the Company's business plan, under which, JLD will serve as a consolidation platform, with the objective of creating one of the largest Canadian John Deere dealership networks.
About Champlain Financial Corporation
Champlain Financial Corporation, a Canadian private equity firm based in Montreal, along with its U.S. affiliated private equity fund manager, Champlain Capital Management LLC, has been building a diversified private equity portfolio with a series of investments throughout Canada and the United States. Champlain's core focus is to serve as a value-added partner in providing equity capital for small and middle-market companies.
For information:
Mr. Fréderic Latreille Mr. Jean-Stéphane Yansouni
President Principal & Chief Financial Officer
Groupe Agricole J.L.D. Inc. Champlain Financial Corporation
(450) 661-9150 (514) 282-3585
Facility Update
On July 25, 2011, Green Tech opened for business in our new Facility. It is located at 116 Willowlea Road, Unit 1 near the 417 and Carp Road exit. We are very excited about this new facility as it improves our service capacity, and allows us to provide a much improved Customer experience. Come visit us today.
Westbrook Road is the first traffic light on Carp Road south of the 417. Head west on Westbrook to the first road on the right which is Willowlea. As you go around the curve on Willowlea, you will see a new complex with 2 buildings. We are located in the front building closest to the highway, at the very east end of the buidling. Parts and Sales Customers are invited to come around to the front entrance of the store, while deliveries will be accepetd at the back of the store.
Find us on Facebook & Twitter
Green Tech Ag & Turf Inc. is proud to announce that they can now be found on both Facebook & Twitter. We will be posting information on upcoming events, clinics, monthly specials, updates & news of the day.
Interim Tier 4 FAQ
How will John Deere meet Interim Tier 4/Stage III B regulations?
John Deere Power Systems will achieve compliance with Interim Tier 4/Stage III B emissions regulations for our 56 kW (75 hp) and above product line by starting with our proven Tier 3/Stage III A PowerTech™ Plus engine platform that includes cooled exhaust gas recirculation (EGR) for NOx control with the addition of an exhaust filter for reducing particulates. Our PowerTech M and PowerTech E 2.4L engines below 56 kW (75 hp) meet Interim Tier 4 regulations without the addition of an exhaust filter.
How will John Deere Interim Tier 4/Stage III B engines stand out from the competition?
John Deere is an innovator in the commercial application of cooled EGR and variable geometry turbocharger (VGT) technologies for off-highway use. Throughout Tier 3/Stage III A, John Deere has gained experience with these technologies over a wide range of applications and has established a proven record of reliability; other engine manufacturers are just now considering adopting these technologies for off-highway applications. John Deere engines have a strong reputation of performance, durability, and reliability, and we are designing our new engines to exceed those expectations. These new engines will also feature more power and increased performance, world-class fuel economy, reduced noise, and low overall operating costs.
When will the Interim Tier 4/Stage III B engines be available?
Engines greater than 130 kW (174 hp) will be available in limited production quantities starting in early 2010. Regular production delivery begins in January 2011. As with earlier tiers and other Interim Tier 4 models, John Deere is targeting the start of limited production for engines less than 130 kW (174 hp) to be available seven to nine months ahead of the January 2012 regulation date. Interim Tier 4-compliant engines less than 56 kW (74 hp) are available and in production today.
Why cooled EGR and exhaust filters?
John Deere has determined that cooled EGR, combined with exhaust filter technology, is the right choice to meet these regulations because it is a simpler, proven and less costly technology. Like the cooled EGR system and the VGT, the exhaust filter was specifically designed to meet the demands of off-highway applications. The exhaust filter also has the benefit of replacing the muffler in most applications.
What technologies will John Deere use to meet emissions regulations for Interim Tier 4/Stage II B engines?
John Deere engines 56 kW (75 hp) and above will use our proven Tier 3/Stage III A PowerTech Plus engine technologies which include cooled EGR with the addition of an exhaust filter
Five ratings greater than 19 kW (25 hp) and less than 56 kW (75 hp) from the John Deere PowerTech M and PowerTech E 2.4L engine models already meet Interim Tier 4 and Stage III A emissions regulations. PowerTech M 2.4L engines feature 2-valve cylinder heads, mechanical unit pump fuel systems, and fixed-geometry turbochargers. PowerTech E 2.4L engines feature similar 2-valve cylinder heads and fixed-geometry turbochargers, but add full-authority electronic engine controls, electronic unit pump fuel systems, and air-to-air-aftercooling. Neither requires the use of an exhaust filter.
Does the John Deere solution require urea?
Urea, a second fluid, is required for an alternative NOx reduction system called selective catalytic reduction (SCR). The SCR system injects liquid urea into the exhaust stream to reduce NOx. While it is effective, it also requires that the vehicle or machine be fitted with a separate tank, a sophisticated urea injection system, and a tamper-proof diagnostic system required by regulation. Since urea freezes, heating systems for the tank and delivery lines are required. In addition, currently urea is not conveniently available in many parts of the world, especially for off-highway applications, which creates availability and storage concerns. Most importantly, operation of John Deere’s cooled EGR solution does not require any operator intervention. The operator doesn’t have to deal with the cost and hassle of a second fluid. SCR may be an appropriate technology for the future when the technology is more developed for off-highway applications; however, for Interim Tier 4/Stage III B, the cooled EGR and exhaust filter technology approach provides the proven, best value product to the end-user. Since the John Deere Interim Tier 4/Stage III B solution does not use SCR, urea is not required.
What performance changes will John Deere Interim Tier 4/Stage III B engines have?
With our Tier 3/Stage III A PowerTech Plus engines, John Deere Power Systems was able to achieve record fuel economy gains over our Tier 2/Stage II models and achieve best-in-class fuel economy. John Deere was also able to maintain or improve other performance characteristics, such as cold-weather starting, transient response time, power bulge, peak torque, and low-speed torque. Because John Deere Interim Tier 4/Stage III B engines continue to use the same technologies as our Tier 3/Stage III A engines, our Interim Tier 4/Stage III B engines will maintain similar performance and fuel economy leadership in the off-highway industry. Also, our Interim Tier 4/Stage III B engines below 130 kW (174 hp) 4.5L and 6.8L will realize similar levels of fuel economy that cooled EGR provided in the 130 kW (174 hp) and above Tier 3/Stage III A engines.
Will serviceability and service intervals change with Interim Tier 4/Stage III B engines?
Much of the current engine maintenance schedule remains unchanged. The oil change interval will be the same interval offered for Tier 3/Stage III A engines at either 500 hours or 250 hours. One noticeable difference will come with the addition of the exhaust filter. The regulations require an exhaust filter minimum service interval of 4,500 hours for engines 130 kW (174 hp) and greater and 3,000 hours for engines less than 130 kW (174 hp). The John Deere exhaust filter design allows for higher hour exhaust filter service intervals to maximize vehicle uptime.
What will John Deere do to meet Final Tier 4/Stage IV regulations?
John Deere is developing and testing the technologies it will adopt to achieve Final Tier 4/Stage IV emissions regulations. Final Tier 4/Stage IV emissions regulations for engines 130 kW (174 hp) and greater begin in January 2014. Technologies such as cooled EGR, VGT, and exhaust filters will likely be the foundation for meeting Final Tier 4/Stage IV regulations. We are constantly evaluating emerging technologies for their effectiveness and for their ability to provide reliable and durable products in an off-highway setting. And as with engine configurations that meet previous emissions tiers, we’ll continue to tailor our Final Tier 4/Stage IV engine solutions to fit the variety of off-highway applications customers use them in.
Where can I get more information?
www.JohnDeere.com/tier4
1-800-JD-ENGINE
jdpower@JohnDeere.com
