Saw Mill Capital
is committed to creating a broad
and diverse portfolio designed
to deliver long-term value for
our investors.
CURRENT INVESTMENTS

Jason Incorporated
www.jasoninc.com
Jason Incorporated (“Jason”)
is a diversified manufacturing
company composed of five business
units that supply a number of
industrial markets. Jason’s
businesses may be divided into
two main segments: (i) industrial
products and (ii) motor vehicle
products. Jason’s industrial
products businesses manufacture
finishing products, such as consumable
brushes, buffing wheels and compounds,
and metal stampings and subassemblies.
Jason’s motor vehicle products
businesses include the manufacture
of (i) acoustical insulation and
other trim products primarily
for the automotive industry and
(ii) seating products for motorcycles,
construction, agricultural, turf
care, and marine vehicles.

Turner Bros. www.turnerbros.com
Turner Bros. (“Turner”)
is a leading regional provider
of industrial plant maintenance
services using its extensive fleet
of cranes and specialized transportation
equipment. Turner focuses on providing
routine and turnaround maintenance
and related industrial services
to the refining, chemical, power
generation, oil and gas, mining
and pulp and paper industries,
primarily in the Gulf Coast region.

Terra Renewal LLC
www.terrarenewal.com
Terra Renewal LLC
("Terra") is a leading
provider of
environmentally-friendly
disposition solutions for
non-hazardous liquid waste. On a
recurring basis, Terra collects
wastewater residuals from food
processing companies,
restaurants, municipalities and
oil & gas companies and, in
most cases, land applies this
material for beneficial use on
farmland pursuant to
environmental permits. Terra
Renewal also provides industrial
and municipal lagoon and
digester clean-out services, and
yellow grease and grease-trap
collection, reprocessing and
recycling services.
NetShape Technologies,
Inc. www.netshapetech.com
NetShape Technologies, Inc. is a
is a leading global supplier of
custom-engineered powder metal
and metal injected molded
components used in a variety of
industrial and consumer
applications. The company has
approximately 600 employees at
five operating facilities in the
mid-western
United States
and one in the People’s
Republic of
China.
Identity Group, LLC www.identitygroup.net
Identity Group is a
leading supplier of corporate,
small business and personal
identity products. The Company
offers a broad range of products
including: marking devices such
as pre-inked and self-inking
stamps, ink rolls and ribbons,
and industrial ink products;
business stationery products
such as business cards,
letterhead and envelopes; page
flags; promotional and ad
specialty items; and a variety
of custom, interior signage
products including dimensional,
illuminated, dynamic and
architectural signs.
PAST INVESTMENTS
Global
Power Equipment Group
www.globalpower.com
Global Power Equipment Group (“GPEG”),
formerly Global Energy Equipment
Group, is a designer, engineer
and manufacturer of auxiliary
equipment for gas turbines used
in power plants and a variety
of industrial applications. GPEG
operates globally through its
three primary business units:
Deltak, Braden and Consolidated
Fabricators. Deltak makes heat
recovery steam generators for
co-generation plants and combined-cycle
power plants, while Braden products
include gas turbine exhaust systems,
divert-dampers, inlet ducting
and silencing systems, filter
houses and filter elements. Consolidated
Fabricators focuses on manufacturing
custom enclosures for large gas
turbines.
Clyde Bergemann
www.clydebergemann.com
Clyde Bergemann (“Clyde”)
supplies systems and solutions
for large fossil fuel fired boilers
used in industrial applications.
Through its Boiler Efficiency
Division, Clyde is a world leader
in “on-load” cleaning
systems for heating and reaction
surfaces for fossil fired boilers
used in the power, petrochemical,
pulp and paper, marine, and waste
incineration industries. Through
its Materials Handling Division,
it designs, manufactures and supplies
ash handling and pneumatic conveying
systems for the power industry.
AIR2 www.air2.com
AIR2 provides helicopter-based
inspection and maintenance services
to the transmission and distribution
segment of the power industry.
The company has the ability to
not only inspect the transmission
lines from the air but to also
perform maintenance of power lines
from a helicopter platform once
a problem has been identified.
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