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EPA To Propose Eliminating Use Of 134a In Vehicles, Consumer Products

The U.S. Environmental Protection Agency (EPA) recently announced that it will soon issue a proposed rule that would eliminate the use of 134a as a refrigerant in new motor vehicles and as an aerosol in many consumer products.
By Shop Owner Staff
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From AAIA Capital Report

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WASHINGTON, D.C. – The U.S. Environmental Protection Agency (EPA) announced on Tuesday, Feb. 4 that it will soon issue a proposed rule that would eliminate the use of 134a as a refrigerant in new motor vehicles and as an aerosol in many consumer products. The action will be taken under the Significant New Alternatives Program (SNAP), which was established under the 1990 Clean Air Act Amendments to evaluate the human health and environmental impact of substitutes for ozone-depleting substances that have been phased out of production. The agency is taking this action as part of the President Climate Action Plan, which aims to develop an “all-of-the-above” strategy for reducing emissions of greenhouse gases in the U.S.

According to the agency, a proposed rule will be issued this summer to withdraw approval for 134a for use in new motor vehicles and as an aerosol in consumer products. EPA pointed to the availability of substitutes for 134a in both motor vehicles and consumer products including 1234yf, which was approved under SNAP for use on vehicles. EPA did clarify that the upcoming action will not impact the use of 134a in the servicing of motor vehicles already on the road. As part of the announcement, EPA did not specify a timeline for ending use of 134a, but stated that such action would be determined based on each specified use case.

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When Your Shop Is Worth Much More Than You Thought

Although every sale of a shop in which I am involved has its own unique set of circumstances, which makes my job both very interesting and very challenging, Cowden Automotive stands out as particularly memorable because I was able to demonstrate to the long-time owner, Paul Cowden, that his business was worth about three times what he had initially thought.

By Art Blumenthal
Leveraging more than 30 years of experience as both an aftermarket business owner and aftermarket technology executive, Art Blumenthal LLC provides business intermediary and advisory services to both buyers and sellers of industry businesses of all sizes. Art is a member of IBBA (International Business Brokers Association, Inc.). For more information, or to initiate a no-obligation confidential consultation, visit www.art-blumenthal.com.
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Case Study: Owner of San Francisco-based Import Service Shop Delighted to Discover Just How Valuable His Business is to Qualified Buyers
I sometimes share case studies of the clients I have been able to assist in my role as an aftermarket business broker and provider of intermediary and advisory services. I do that when I think the story will provide a reader in similar circumstances with new insights or helpful information.
In the case of Cowden Automotive, Inc., I acted in a consulting capacity assisting the owner and his broker in valuing the business, creating a marketing plan, finding a qualified buyer, and arranging financing for the sale.
Although every sale of a shop in which I am involved has its own unique set of circumstances, which makes my job both very interesting and very challenging, Cowden Automotive stands out as particularly memorable because I was able to demonstrate to the long-time owner, Paul Cowden, that his business was worth about three times what he had initially thought.
Needless to say, delivering that kind of good news to a shop owner is a rewarding experience. Discovering that the sale of his business would result in his retirement nest-egg being substantially larger than he had ever thought was a fitting tribute to someone who had spent his entire working career as a busy automotive service shop owner.

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