MIRA
INFORM REPORT
|
Report Date : |
24th
June 2006 |
IDENTIFICATION
DETAILS
|
Name : |
SINTERMET, LLC |
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Registered Office : |
222
North Park Drive, West Hills Industrial Park Kittanning,
Pennsylvania 16201-888, United States |
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Country : |
United States |
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Date of Incorporation : |
15/11/2000 |
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|
Legal Form : |
Limited Liability Company |
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Line of Business : |
Engaged as a manufacturer of tungsten carbide rod
mill rolls. |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
|
Status : |
Satisfactory
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Payment Behaviour : |
Regular
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Litigation : |
Clear |
IDENTIFICATION & EXECUTIVE SUMMARY
Company
Name: SINTERMET, LLC
Address: 222
NORTH PARK DRIVE
WEST
HILLS INDUSTRIAL PARK
City: KITTANNING
State/Province: PENNSYLVANIA
Zip
Code: 16201-888
Country: UNITED
STATES
Telephone: 724
548-7631
Facsimile: 724
545-1824
Legal
Form: Limited Liability Company
Website: www.sintermet.com
@rating
Opinion:
As
of:
Sales
/ Revenue:
Net
Income:
Total
Equity:
Business
Activity:
The
Firm is engaged as a manufacturer of tungsten carbide rod mill rolls.
NOTE TO CLIENT
Please
Note: The Firm requested was Sinter Mel
LLC. The Pennsylvania Secretary of State's Office as well as a nationwide
search of the Secretaries of State's Office including Delaware failed to locate
a
registration
under this name. At the requested address we found Sintermet, LLC, for which a
report follows.
Person
Contacted: Mr. Paul C. Fleiner,
President
Mr.
Fleiner declined to provide information via telephone and requested a written
inquiry, which was sent. If it is
returned, any new information will be immediately forwarded.
LEGAL
Legal
Form: Limited Liability Company
Since
(D/M/Y): 15/11/2000
State/Province
of Incorporation: DE
Status:
ACTIVE
Previous
Legal Form:
Company
is NOT required to publish an annual financial report.
Delaware
registration:
File
Number: 3316685
Incorporation
Date / Formation Date: 11/15/2000 (mm/dd/yyyy)
Entity
Name: SINTERMET, LLC
Entity
Kind: LIMITED LIABILITY COMPANY (LLC)
Entity
Type: GENERAL
Residency:
DOMESTIC
State:
DE
REGISTERED
AGENT INFORMATION
Name:
THE CORPORATION TRUST COMPANY
Address:
CORPORATION TRUST CENTER
1209
ORANGE STREET
City:
WILMINGTON
County:NEW
CASTLE
State:
DE
Postal
Code: 19801
Phone:
(302)658-7581
----------------------------------------------------------------------
Pennsylvania
Registration:
Entity
Type FOREIGN LIMITED LIABILITY COMPANY
(BUSINESS)
Entity
Name SINTERMET, LLC
Entity
No. 2974854
Filing
Date 11/28/2000
Letter
of Consent Yes
Address
% CT CORPORATION SYSTEM
- Pennsylvania USA
County Philadelphia
Jurisdiction DE
Purpose -
Limited
Authority No
Managers/Key Personnel
Mr.
Paul C. Fleiner
President
Mr.
Tom Gallagher Senior
Vice President
AFFILIATED ENTITIES
The
following Firms are affiliated through a common parent:
Babcock-Hitachi
K.K. (Subsidiary) - Tokyo, Japan
Hitachi
Cable, Ltd. (Subsidiary) - Tokyo, Japan
Hitachi
Capital Corp. (Subsidiary) - Tokyo, Japan
Hitachi
Capital Insurance Corp. (Subsidiary) - Tokyo, Japan
Hitachi
Chemical Co., Ltd. (Subsidiary) - Tokyo, Japan
Hitachi
Chemical Co. America Ltd. (Subsidiary) - Cupertino, CA
itachi
Construction Machinery Co., Ltd. (Subsidiary) - Tokyo, Japan
Hitachi
Construction Machinery Co., Ltd. (Subsidiary) - Tokyo, Japa
Hitachi
Hometech Ltd. (Subsidiary) - Kashiwa, Japan
Hitachi
Kiden Kogyo, Ltd. (Subsidiary) - Amagasaki, Japan
Hitachi
Lighting, Ltd. (Subsidiary) - Tokyo, Japan
Hitachi
Ltd. (Subsidiary) - Kawasaki, Japan
Tokico
(USA) Inc. (Subsidiary) - Berea, KY
Tokico
(USA) Inc. (Subsidiary) - Allen Park, MI
Tokico
(USA) Inc. (Subsidiary) - Compton, CA
Tokico
Europe GmbH (Subsidiary) - Dusseldorf, Germany
Tokico
(Thailand) Ltd. (Subsidiary) - Nakhon Ratchasima, Thailand
Hitachi
Maxell Ltd. (Japan) (Subsidiary) - Tokyo, Japan
Maxell
Corporation-Battery Products Div. (Subsidiary) - Fair Lawn, NJ
Maxell
Corporation of America (Subsidiary) - Fair Lawn, NJ
Maxell
Corporation of America-Computer Products Div. (Subsidiary) -
Fair
Lawn, NJ
Hitachi
Medical Corporation (Subsidiary) - Tokyo, Japan
Hitachi
Metals, Ltd. (Subsidiary) - Tokyo, Japan
Ward
Manufacturing, Inc. (Subsidiary) - Blossburg, PA
Hitachi
Powdered Metals Co., Ltd. (Subsidiary) - Matsudo, Japan
Sintering
Technologies, Inc. (Subsidiary) - Greensburg, IN
Hitachi
Power Engineering Co., Ltd. (Subsidiary) - Hitachi, Japan
Hitachi
Telecom Technologies Co., Ltd. (Subsidiary) - Tokyo, Japan
Japan
Servo Co., Ltd. (Subsidiary) - Tokyo, Japan
Ricoh
Printing System (Subsidiary) - Tokyo, Japan
Techna
Co. Ltd. (Subsidiary) - Toyohashi, Japan
Hitachi
High-Technologies Corporation (Holding) - Tokyo, Japan
Hitachi
High Technologies America, Inc. (Subsidiary) - Schaumburg, IL
Hitachi
High Technologies America (Subsidiary) - Gaithersburg, MD
Hitachi
High Technologies America (Subsidiary) - Westwood, MA
Hitachi
High Technologies America (Subsidiary) - Dallas, TX
Hitachi
High Technologies America (Subsidiary) - Dallas, TX
Hitachi
High Technologies America (Subsidiary) - Lexington, KY
Hitachi
High Technologies America (Subsidiary) - Huntsville, AL
Hitachi
High Technologies America (Subsidiary) - San Jose, CA
Hitachi
High Technologies America (Subsidiary) - Pleasanton, CA
Hitachi
High Technologies America (Subsidiary) - New Brunswick, NJ
Hitachi
High Technologies America (Subsidiary) - Pleasanton, CA
Hitachi
High Technologies America, Inc. (Subsidiary) - San Jose, CA
Hitachi
Home Electronics America (Subsidiary) - Chula Vista, CA
Hitachi
Home Electronics (America) Inc. (Subsidiary) - Chula Vista, CA
Hitachi
High-Technologies Canada, Inc. (Subsidiary) - Richmond, Can
Hitachi
High Technologies Canada Inc. (Subsidiary) - Etobicoke, Canada
Hitachi
High Technologies Corporation (Subsidiary) - London, United
Kingdom
Hitachi
High Technologies Europe GmbH (Subsidiary) - Krefeld, Germany
Hitachi
High Technologies Corporation (Subsidiary) - Velizy-
Villacoublay,
France
Neomax
Co., Ltd. (Holding) - Osaka, Japan
Neomax
America, Inc. (Subsidiary) - Schaumburg, IL
AccSys
Technology, Inc. (Subsidiary) - Pleasanton, CA
Hitachi
America, Ltd. (Subsidiary) - Brisbane, CA
Hitachi
Data Systems Corporation (Subsidiary) - Santa Clara, CA
Hitachi
Data Systems Inc. (Subsidiary) - Montreal, Canada
Hitachi
Telecom (USA), Inc. (Subsidiary) - Norcross, GA
Renesas
Technology America, Inc. (Subsidiary) - San Jose, CA
Professional
Industrial Sales (Subsidiary) - Fair Lawn, NJ
Euclid-Hitachi
Heavy Equipment, Inc. (Joint Venture) - Cleveland, OH
HVBAE
Power Systems Inc. (Joint Venture) - Suwanee, GA
Hitachi
Home Electronics Asia (S) Pte Ltd (Subsidiary) - Singapore,
Singapore
Parent Companies
Parent
Company: Hitachi, Ltd
JAPAN
The
Firm's parent company, Hitachi, Ltd, is publicly traded on the New York Stock
Exchange under the symbol HIT.
Recent
Close $ 63.65 USD
52
Week Range $ 76.57 / $ 59.68 USD
Common
Shares Outstanding 336,813,000
The
following annual figures are for 2006 and are quoted in millions of Japanese
Yen:
Total
Revenue 9,464,801.00
Net
Income 37,320.00
Total
Current Assets 5,512,805.00
Total
Assets 10,021,195.00
Total
Current Liabilities 4,121,451.00
Total
Liabilities 7,513,422.00
Total
Shareholder Equity 2,507,773.00
BANKS
PA
Telephone:
Facsimile:
Account
Number:
Account
Manager:
The
primary bank could not be confirmed.
Steel Valley Bank was listed as a secured party for financing.
PAYMENT HISTORY
BUSINESS DATE LAST PAYMENT CREDIT BALANCE CUR 1- 31- 61-
CATEGORY REPTD SALE TERMS $
$ % 30
60 90 91+ COMMENTS
---------- ----- ----- ------- --------
-------- --- --- --- --- --- --------
ADVERTISNG 06-04 00-00 NET 30 0
0 0 0
0 0 0 CUST 3 YR
BUS SERVCS 06-05 00-00 NET 7 1600
1600 100 0 0
0 0
CHEMICALS 06-05 00-00 NET 30
600 300 0
50 50 0 0
COMPUTERS 06-06 01-03 CREDIT
25000 0 0
0 0 0 0
ELEC DISTR 06-04 05-03 VARIED 1000
0 0 0
0 0 0
FINCL SVCS 06-06 04-03 NET 30 1900
0 0 0
0 0 0
FINCL SVCS 06-05 00-00 NET 1600
1600 100 0 0
0 0 CUST 2 YR
FREIGHT 06-04 06-04 VARIED
4100 2700 100 0
0 0 0
FREIGHT 06-02 00-00 VARIED
800 300 100 0
0 0 0
HARDWARE 06-06 00-00 CREDIT
5000 0 0
0 0 0 0
IRON& STEEL 06-06 00-00 NET 30 48800
5400 100 0 0
0 0
OFFC SUPPL 06-06 99-10 CREDIT 3500
0 0 0
0 0 0
PACKAGING 06-04 00-00 NET 30
100 100 0
100 0 0 0
CUST 1 YR
RETL TRADE 06-05 06-05 VARIED 1300
200 100 0 0
0 0 CUST 2 YR
SAFTY PROD 06-03 00-00 NET 30 0
0 0 0
0 0 0 CUST 2 YR
SAFTY PROD 06-06 00-03 NET 30 0
0 0 0
0 0 0 CUST 14 YR
WAREHOUSE 06-05 05-12 VARIED
100 0 0
0 0 0 0 ACCTCLOSED
AIR TRANS 05-09 05-09
400 0 0
0 0 0 0
AIR TRANS 05-12 00-00 NET 30
1400 800 100 0
0 0 0 CUST 21 YR
BUREAU 05-12 05-12 NET30
0 0 0
0 0 0 0 CUST
4 YR
BUS SERVCS 04-02 02-12 NET 30 0
0 0 0
0 0 0
COMPUTERS 04-01 02-11 0000000 0
0 0 0
0 0 0
CRED CARD 05-09 00-00 NET 0 0 0 0 0
0 0
ELEC MFG 04-03 03-12 NET 30
3500 700 100 0
0 0 0
FRGHT FWRD 06-01 00-00 NET 30 12200
2300 96 0 0 4
0
LEASING 06-05 00-00 CONTRCT 300
0 0 0
0 0 0
OFFC SUPPL 05-06 05-06 NET 30 100
100 100 0 0
0 0 CUST 7 YR
SOAP 05-05 00-00 2/10N30 200
200 0 100 0
0 0
TELECOM 06-05 00-00 NET 30
0 0 0
0 0 0 0 CUST 10 YR
TRANSPORTN 05-02 00-00 CONTRCT 1300 600
0 100 0 0
0
TRANSPORTN 03-10 03-01 VARIED 0
0 0 0
0 0 0
TRUCK DLR 04-04 00-00 CONTRCT 0 0
0 0 0 0 0
CURRENT QUARTER 95400 12200
97 2 1 0 0
Payment Trends
INDUSTRY
BUSINESS BALANCE CUR 1-
31- 61-
DATE CUR DBT DBT $ % 30
60 90 91+
-------- --- --- --- -------- --- --- --- --- ---
20060600 0 8 0 55600 100 0 0
0 0
20060500 0 8 1 13600 98 1
1 0 0
20060400 0 8 2 5700 94 3
3 0 0
20060300 0 8 0 5600 97 3
0 0 0
20060200 0 8 1 4300 96 4
0 0 0
20060100 0 8 4 2600 84 10
6 0 0
Payment History - Quarterly Averages
BALANCE
CUR 1- 31- 61-
QUARTER
YEAR DBT $ % 30 60
90 91+
-------- ------ --- -------- --- --- --- --- ---
First
2006 1 5200 96 3 1
0 0
Fourth
2005 2 5300 94 4
2 0 0
Third
2005 4 1700 80 18 1
1 0
Second
2005 9 1400 53 40 7
0 0
First
2005 11 500 50 39 11
0 0
FINANCIAL INFORMATION
A
written inquiry was sent to the Presdent.
If it is returned, any new information will be immediately forwarded.
CURRENT OPERATIONS
NAICS
Code: 33211 Forging and Stamping
Business
Activity:
The
Firm is engaged as a manufacturer of tungsten carbide rod mill rolls.
The
above address is believed to be the headquarters and sole location of the
Firm.
PUBLIC RECORD
FILING
INFORMATION
Filing
Number: 2005032105216
Filing
Date: 03/18/2005
Filing
Time: 4:20PM
Filing
Type: CONTINUATION
Filing
Office: SECRETARY OF STATE/UCC DIVISION
308
NORTH OFFICE BUILDING
HARRISBURG,
PA 17120
DEBTOR
INFORMATION
Debtor(s): SINTERMET INC
WEST
HILLS INDUSTRIAL PARKN PARK DR
KITTANNING,
PA 16201
SECURED
PARTY OR CREDITOR INFORMATION
Secured
Party: STEEL VALLEY BANK
PO
BOX 638
DILLONVALE,
OH 43191
--------------------------------------------------------------------------------
There
was no record of any legal actions, bankruptcy petitions, nor tax
liensinvolving the Firm.
GENERAL COMMENTS
Organized
in Pennsylvania in 2000, Sinterment, LLC is engaged as a manufacturer of
tungsten carbide rod mill rolls. The
payment record appears prompt. There
was no derogatory information reported, nor noted. The Firm is considered responsible for normal business transactions.
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial
base with the strongest capability for timely payment of interest and
principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No
caution needed for credit transaction. It has above average (strong)
capability for payment of interest and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are
regarded healthy. General unfavourable factors will not cause fatal effect.
Satisfactory capability for payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal.
Capable to meet normal commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors
carry similar weight in credit consideration. Capability to overcome
financial difficulties seems comparatively below average/normal. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of
interest and principal sums in default or expected to be in default upon
maturity |
Limited with full security |
|
<10 |
C |
Absolute credit risk exists. Caution
needed to be exercised |
Credit not recommended |