Attachment 1
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Report Update On |
17th February, 1999 |
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Report on |
ALDRICH CHEMICAL COMPANY INC. |
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Registered Office |
1001 West St. Paul Avenue, Milwaukee, WI 53233, U.S.A. |
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Tel. No. |
(414) 273-3850 |
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Fax No. |
(414) 273-4979 |
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E-Mail |
-- |
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Telex |
-- |
Note : Given address of 230 S Emmber Lane, Milwaukee,
Wisconsin 53233, U.S.A. is godown. Reference of this address is made in this
report.
Attachment 2
S U M M A R Y
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Incorporated |
1996 |
Status |
Satisfactory |
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Registration No. |
2687598 |
Chief Executive |
Jai Nagarkatti |
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Capital (US$) |
-- |
Payments |
Usually Correct |
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Sales (US$) |
+50 millions |
Litigation |
-- |
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Net Worth (US$) |
-- |
Banking Reputation |
Unknown |
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No. of Employees |
-- |
Auditors |
-- |
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Credit Rating |
-- |
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CREDITLINE RECOMMENDATIONS
RE: A
RECOMMENDATION FOR USD 75,000:
The
amount represents an acceptable credit risk in relation to the size and scope of
operations. Annual sales are understood to be in the $50+ million range
although not confirmed. Revenues are consolidated into those of the parent
company, Sigma-Aldrich, who reports net sales of $901.2 million with net income
of $126.7 million for the nine months ended September 30, 1998. The operating
record is clear, the trade payment record ranges generally from prompt to 30
days beyond terms. No adverse information was learned with the exception of a
$4,391 small claims judgement recorded August 21, 1998.
OFFICIAL COMPANY DATA
ALDRICH
CHEMICAL COMPANY, INC. is a Delaware corporation, file number 2687598,
incorporated November 25, 1996. It qualified to conduct business in Wisconsin
January 7, 1997. Actual operations date back to 1971. The subject is a wholly
owned subsidiary of Sigma-Aldrich Corp., a publicly held company located in
Saint Louis, Missouri.
SHARE CAPITAL
Authorized
capital consists of 30,000 shares of common stock, $1.00 par value. The parent
company, Sigma-Aldrich Corporation, is a publicly held company whose
outstanding shares of common stock are traded on the national over the counter
market (NASDAQ), currently at 26.56 per share with a 52 week range of $25.75
per share to $42.50 per share.
KNOWN DIRECTORS
The
Officers include:
|
Jai
Nagarkatti |
President |
|
Clint
Lane |
Executive
Vice President |
|
Richard
Gross |
Vice
President, Secretary, Treasurer |
PUBLIC RECORD INFORMATION
WISCONSIN
SECRETARY OF STATE, UCC RECORD
Debtors: ALDRICH CHEMICAL CO INC
Debtor
Address ALDRICH CHEMICAL CO INC
1001 W ST PAUL
WILWAUKEE, WI 53233
DUNS: 006113906
Secured
Parties: LEASING SOLUTIONS RECEIVABLES INC
Secured
Party Address LEASING SOLUTIONS
RECEIVABLES INC
20682 RICE COURT
SARATOGA, CA 95070
Filing
Type: INITIAL FILING
Filing
Date: 3/17/1995
Filing
Number: 1494700
Filing
Office SECRETARY OF STATE/UCC
DIVISION
30 W MIFFLIN, MADISON, WI
53703
Collateral EQUIPMENT AND PROCEEDS
WISCONSIN
SECRETARY OF STATE, UCC RECORD
Debtors ALDRICH CHEMICAL CO INC
Debtor
Address ALDRICH CHEMICAL CO INC
1001 W ST PAUL
MILWAUKEE, WI 53233
DUNS: 006113906
Secured
Parties: LEASING SOLUTIONS INC
Secured
Party Address LEASING
SOLUTIONS INC
10 ALMADEN BLVD STE 1500
SAN JOSE, CA 95113
DUNS: 156959165
Filing
Type: INITIAL FILING
Filing
Date: 9/3/1997
Filing
Number: 1698168
Filing
Office SECRETARY OF STATE/UCC
DIVISION
30 W MIFFLIN
MADISON, WI 53703
Collateral:
EQUIPMENT AND PROCEEDS
WISCONSIN
SECRETARY OF STATE, UCC RECORD
Debtors: ALDRICH CHEMICAL CO INC
Debtor
Address ALDRICH CHEMICAL CO INC
1001 W ST PAUL
MILWAUKEE, WI 53233
DUNS: 006113906
Secured
Parties: LEASING SOLUTIONS RECEIVABLES INC
Secured
Party Address LEASING
SOLUTIONS RECEIVABLES INC
20682 RICE CT
SARATOGA, CA 95070
Filing
Type: INITIAL FILING
Filing
Date: 5/15/1996
Filing
Number: 1586914
Filing
Office SECRETARY OF STATE/UCC
DIVISION
30 W MIFFLIN
MADISON, WI 53703
Collateral EQUIPMENT AND PROCEEDS
JUDGMENTS
AND LIENS
STATE
OF WISCONSIN
MILWAUKEE
CIRCUIT COURT-MILWAUKEE
DEBTOR: ALDRICH CHEMICAL
ADDRESS 1001 W ST PAUL AV
MILWAUKEE, WI 53200
CREDITOR:
BANK ONE WISCONSIN
AMOUNT:
$ 4,391
NUMBER:
98SC023275
TYPE:
SMALL CLAIMS JUDGMENT
ENTERED:
08/21/1998
OPERATIONS
This
company is engaged as a manufacturer of a broad range of biochemicals, organic and
inorganic chemicals and laboratory glassware. These chemicals and related
products are used primarily in research and development in the diagnosis of
diseases. The subject also manufactures related computer hardware and software
products. Products are sold to the medical and chemical industries. There are
currently 890 employees.
PREMISES
The
above address is the headquarters for this subsidiary. There is a warehouse
facility located at 230 S. Emmber Lane, Milwaukee, WO 53233, the address
provided in your inquiry. There is also a plant located in Sheboygan, Wisconsin
and a distribution center located in Allentown, Pennsylvania.
ASSOCIATED COMPANIES
As
mentioned above, the subject is a wholly owned subsidiary of Sigma-Aldrich, 3050
Spruce St., Saint Louis, MO, 64103. Other subsidiaries include:
K
B-Line Systems, Inc.
K
Circle A.W. Products Co.
K
Southwest Medical Associates, Inc.
BANKERS
A
banking relationship could not be determined, either directly or through
outside sources.