Bluegrass Capital
Mark McKinsey       Dick Erb       Colin McKinsey    Jim Carolan  

Don Peterson   Mark Larsen    Allan Miller    Cynthia Willets
Ralph Lutjen has over 30 years experience in corporate development and
mergers and acquisitions spanning a broad range of sectors including chemicals,
petrochemicals, refinery, manufacturing, and high technology electronics and
systems. He has led the negotiations on over 40 transactions encompassing
mergers, acquisitions, divestitures, and joint ventures.  

Mr. Lutjen was Vice President of Corporate Business Development for UOP LLC.  

As Director of Corporate Ventures for Union Carbide Corporation, he managed
acquisition, divestiture and joint venture transactions and was responsible for the
successful conclusion of over 30 of these transactions over a 12-year period.
He played a major role in the development of Carbide’s corporate strategy, which
led to the merger with the Dow Chemical Company. Previous experience includes
creating a successful new business development program to execute strategic
acquisitions for an electronic technology corporation, and corporate planning and
restructuring of a specialty tools manufacturer culminating with a successful merger.
He also managed the financial planning and analysis for a high technology
company and structured financing transactions for a leasing/finance company.

Mr. Lutjen holds an MBA from Adelphi University and a BBA from Hofstra University.  
Ralph Lutjen
© 2004 Bluegrass Capital, Inc.
P.O. Box 335
80 Applecroft Lane
Conway, NH 03818

Phone - 603-447-3780
Fax - 603-447-3805

info@bluegrasscapital.com