MIRA INFORM REPORT

 

 

Report Date :

1st March, 2007

                                                         

IDENTIFICATION DETAILS

 

Name :

TA CHEN INTERNATIONAL, INC.

 

 

Registered Office :

5855 Obispo Avenue, Long Beach, California  90805, United States

 

 

Country :

United States

 

 

Date of Incorporation :

05.07.1989

 

 

Legal Form :

Corporation - Private

 

 

Line of Business :

Manufacturer and Wholesaler of stainless steel pipes and other metal products.

 

 

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 :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Clear

 

 

 

IDENTIFICATION & EXECUTIVE SUMMARY

 

Company Name : TA CHEN INTERNATIONAL, INC.

Address                        : 5855 Obispo Avenue

City                              : LONG BEACH                  

State/Province               : CALIFORNIA                           

Zip Code                       : 90805                        

Country                         : UNITED STATES               

Telephone                     : 562 808-8000                

Facsimile                      : 562 808-8101                

Legal Form                    : Corporation - Private

Website                        : www.tachen.com

@rating Opinion :

Business Activity           : The Company is a manufacturer and wholesaler of stainless steel pipes and other metal

                                      products.  Its products are distributed throughout the United States.

Founded (D/M/Y)           :      /  /1986

As of                             :

Sales / Revenue :

Net Income                    :

Total Equity                   :

Number of Employees    :     480

 

 

NOTE TO CLIENT

 

Person Contacted, Mr. James Chang, Vice President

 

Mr. Chang provided and confirmed general business information about the Company. He declined to provide financial information.

 

 

LEGAL

 

Legal Form                                            : Corporation - Private                    

Since (D/M/Y)                                        : 05/07/1989

State/Province of Incorporation                : CA

Status                                                   : ACTIVE

Previous Legal Form:

Company is NOT required to publish an annual financial report.

The Company is incorporated is in the State of California.

 

TA CHEN INTERNATIONAL, INC.

Number             : C1464567

Date Filed         : 7/5/1989

Status               : active

Jurisdiction        : California

Address

5855 OBISPO AVE

LONG BEACH, CA 90805

 

Agent for Service of Process

JAMES CHANG

5855 OBISPO AVE

LONG BEACH, CA 90805

 

 

Managers/Key Personnel

 

Mr. Robert Shieh                                    President

Mr. James Chang                                   Vice President

 

 

AFFILIATED ENTITIES

 

The Company has affiliate entities, however we were unable to obtain any names.

 

 

Parent Companies

 

Parent Company:    TA Chen Stainless Pipe Co., Ltd..

 

TAIWAN, PROVINCE OF CHINA

 

 

BANKS

 

DBS BANK

445 SOUTH FIGUEROA STREET SUITE 355

LOS ANGELES                        CA       90017

Telephone                     : 213 627 0222

Facsimile                      : 213 627 0228

Account Number            :

Account Manager           : MR. WENLI YU

The bank requires a signed release from the client.

We sent a release form to Mr. James Chang, Vice President. If we receive a response, an update will be provided.

 

 

PAYMENT HISTORY

 

 BUSINESS   DATE  LAST  PAYMENT CREDIT   BALANCE  CUR 1-  31- 61-

 CATEGORY   REPTD SALE  TERMS      $        $      %  30  60  90  91+ COMMENTS

 ---------- ----- ----- ------- -------- -------- --- --- --- --- --- --------

 ADVERTISNG 07-02 00-00 NET 30  0        0        0   0   0   0   0   CUST  4 YR

 AIR TRANS  06-11 06-11 0000000 900      300      100 0   0   0   0   CUST 18 YR

 

 AIR TRANS  06-11 00-00 NET 30  200      0        0   0   0   0   0   CUST 11 YR

 BLDG MATRL 07-01 04-08 CREDIT  20000    3600     100 0   0   0   0   ACCTCLOSED

 BUS SERVCS 07-02 00-00 VARIED  2200     100      100 0   0   0   0

 FACTOR     07-01 03-06 VARIED  0        0        0   0   0   0   0

 FACTOR     07-02 03-07 NET 30  0        0        0   0   0   0   0   CUST  6 YR

 FACTOR     07-01 00-00 NET     0        0        0   0   0   0   0   CUST  7 YR

 FINCL SVCS 07-02 07-02 CONTRCT 46000    13000    100 0   0   0   0   CUST  4 YR

 FINCL SVCS 07-02 01-07 NET 30  900      0        0   0   0   0   0

 FINCL SVCS 07-02 07-01 VARIED  2200     0        0   0   0   0   0   CUST  4 YR

 FREIGHT    07-02 07-01 VARIED  6700     300      100 0   0   0   0

 FRGHT FWRD 06-10 06-09 VARIED  400      400      0   100 0   0   0

 HRDWR DIST 06-12 00-00 VARIED  0        0        0   0   0   0   0

 LAUNDRY    06-11 00-00 NET 30  1500     1500     100 0   0   0   0

 METAL DIST 07-01 04-05 VARIED  0        0        0   0   0   0   0   CUST  7 YR

 MOTR TRANS 07-02 00-00 NET 30  3200     3200     100 0   0   0   0

 OFFC SUPPL 07-01 04-05 CREDIT  7500     0        0   0   0   0   0

 PACKAGING  07-01 00-00 NET 30  500      0        0   0   0   0   0   CUST  3 YR

 PREC INSTR 07-02 00-00 COD     0        0        0   0   0   0   0

 TELECOM    07-02 00-00 NET 30  1300     600      100 0   0   0   0

 TELECOM    07-02 00-00 NET 30  3700     800      100 0   0   0   0

 TRUCK DLR  07-02 00-00 CONTRCT 7700     3300     53  47  0   0   0

 AUTO LEASE 06-08 00-00 VARIED  48600    48600    100 0   0   0   0   CUST  6 YR

 BANK       04-09 04-06 NET 30  5900     0        0   0   0   0   0   CUST  2 YR

 CELLUL/PAG 04-06 00-00 NET 30  600      600      100 0   0   0   0   CUST  5 YR

 CELLUL/PAG 04-10 04-09 NET 30  3200     0        0   0   0   0   0   CUST  4 YR

 COMPUTERS  05-05 00-00 CREDIT  0        0        0   0   0   0   0   CUST 37 YR

 COMPUTERS  06-06 06-05 0000000 9000     9000     0   99  1   0   0

 CONST MACH 04-05 00-00 NET 30  0        0        0   0   0   0   0   CUST  5 YR

 CRED CARD  07-02 07-01 REVOLVE 11600    7900     100 0   0   0   0   CUST  2 YR

 CRED CARD  07-02 06-12 REVOLVE 3700     3700     100 0   0   0   0   CUST  4 YR

 DP SERVCS  06-06 05-10 0000000 0        0        0   0   0   0   0   CUST  3 YR

 ELEC MFG   04-03 03-12 NET 30  3200     600      73  0   27  0   0

 FACTOR     06-09 01-12 NET 30  0        0        0   0   0   0   0

 FINCL SVCS 05-01 00-00 VARIED  300      0        0   0   0   0   0   CUST  5 YR

 FREIGHT    06-09 06-09 VARIED  4100     3900     100 0   0   0   0

 GENERAL    05-02 01-03 NET 30  0        0        0   0   0   0   0   CUST  6 YR

 HARDWARE   06-04 06-03 VARIED  10200    5300     100 0   0   0   0   CUST  1 YR

 IRON& STEEL 05-02 00-00 NET 30  19100    19100    0   100 0   0   0

 LEASING    04-10 04-10 N30     1300     1300     0   66  34  0   0

 LEASING    07-01 00-00 CONTRCT 500      500      100 0   0   0   0

 LEASING    07-01 00-00 CONTRCT 18000    0        0   0   0   0   0   CUST  1 YR

 OFFC SUPPL 06-04 06-03 NET 30  1400     1400     100 0   0   0   0   CUST  2 YR

 TEMP HELP  04-03 00-00 NET 7   0        0        0   0   0   0   0

 CURRENT QUARTER                104900   27100    93  7   0   0   0

 

Payment Trends

 

            INDUSTRY     BUSINESS        BALANCE  CUR 1-  31- 61-

 DATE      CUR    DBT       DBT             $      %  30  60  90  91+

 --------  ---    ---       ---          -------- --- --- --- --- ---

 20070200  0      6         1            27600    93  7   0   0   0

 20070100  0      5         1            25300    95  5   0   0   0

 20061200  0      5         1            27200    95  5   0   0   0

 20061100  0      5         0            36300    98  2   0   0   0

 20061000  0      4         0            35200    98  2   0   0   0

 20060900  0      4         2            38300    88  11  1   0   0

 

 Payment History - Quarterly Averages

 

                                         BALANCE  CUR 1-  31- 61-

 QUARTER  YEAR              DBT             $      %  30  60  90  91+

 -------- ------            ---          -------- --- --- --- --- ---

 Fourth   2006              0            24500    97  3   0   0   0

 Third    2006              3            25100    88  9   3   0   0

 Second   2006              1            41000    95  5   0   0   0

 First    2006              1            40600    95  5   0   0   0

 Fourth   2005              1            33500    97  1   1   1   0

 

 

FINANCIAL INFORMATION

 

Management declined to provide financial information for this report.

 

 

CURRENT OPERATIONS

 

NAICS Code:   331111    Iron and Steel Mills

SIC Code:     3399

 

Number of Employees:             480

 

 

Business Activity

 

The Company is a manufacturer and wholesaler of stainless steel pipes and other metal products.  Its products are distributed throughout the United States.

 

The above location is the headquarters of the Subject.  The Firm also maintains warehouses in Chicago, IL; Houston, TX;  Tampa, FL; Charlotte, NC; NJ, Atlanta, GA.

 

 

PUBLIC RECORD

 

The following UCC and civil filings were found for the Subject.

 

Name Searched : TA CHEN INTERNATIONAL

Debtors                         : TA CHEN INTERNATIONAL, INC. [BUSINESS]

  5855 OBISPO AVENUE, LONG BEACH, CA 90805

Filing Date                     : 01/20/2006

Filing Number                : 067055992912

Secured Party               : NMHG FINANCIAL SERVICES, INC. [BUSINESS]

  10 RIVERVIEW DRIVE, DANBURY, CT 06810

Status                           : UNLAPSED

Type                             : FINANCING STATEMENT

 

Name Searched : TA CHEN INTERNATIONAL

Debtors                         : TA CHEN INTERNATIONAL, INC. [BUSINESS]

  5855 OBISPO AVE., LONG BEACH, CA 91748

Filing Date                     : 01/19/2006

Filing Number                : 067055887319

Secured Party               : TOYOTA MOTOR CREDIT CORPORATION [BUSINESS]

  P. O. BOX 3457, TORRANCE, CA 90510

  ALLIED INDUSTRIAL EQUIPMENT [BUSINESS]

  1640 ISLAND HOME AVENUE, KNOXVILLE, TN 37920

Status                           : UNLAPSED

Type                             : FINANCING STATEMENT

 

Name Searched : TA CHEN INTERNATIONAL

Debtors                         : TA CHEN INTERNATIONAL INC. [BUSINESS]

  9525 WALLISVILLE ROAD, HOUSTON, TX 77013

Filing Date                     : 12/07/2005

Filing Number                : 057051196094

Secured Party               : FAR EAST NATIONAL BANK [BUSINESS]

 105 EAST VALLEY BOULEVARD, ALHAMBRA, CA 91801

Status                           : UNLAPSED

Type                             : FINANCING STATEMENT

 

Name Searched : TA CHEN INTERNATIONAL

Debtors                         : TA CHEN INTERNATIONAL, INC. DBA NASTA INTERNATIONAL [BUSINESS]

  5 BOSWELL DRIVE, BRISTOL, TN 37620

Filing Date                     : 10/31/2005

Filing Number                : 057047366563

Secured Party               : TOYOTA MOTOR CREDIT CORPORATION [BUSINESS]

  P.O. BOX 3457, TORRANCE, CA 90501

Status                           : UNLAPSED

Type                             : FINANCING STATEMENT

 

Name Searched : TA CHEN INTERNATIONAL

Debtors                         : TA CHEN INTERNATIONAL, INC. [BUSINESS]

  5855 OBISPO AVENUE, LONG BEACH, CA 90805

Filing Date                     : 02/09/2006

Filing Number                : 067059000906

Secured Party               : FAR EAST NATIONAL BANK [BUSINESS]

  105 E. VALLEY BOULEVARD, 2ND FLOOR, ALHAMBRA, CA 91801

Status                           : UNLAPSED

Type                             : FINANCING STATEMENT

Name Searched : TA CHEN INTERNATIONAL

Debtors                         : TA CHEN INTERNATIONAL, INC. [BUSINESS]

  5855 OBISPO AVE, LONG BEACH, CA 90805

Filing Date                     : 08/25/2006

Filing Number                : 067082906563

History                          : Date Time Number Type

  08/28/2006 02:05 PM 0670831055 AMENDMENT

 

Secured Party               : TOYOTA MOTOR CREDIT CORPORATION [BUSINESS]

  P. O. BOX 3457, TORRANCE, CA 90510

  ALLIED INDUSTRIAL EQUIPMENT [BUSINESS]

  1640 ISLAND HOME AVENUE, KNOXVILLE, TN 37920

Status                           : UNLAPSED

Type                             : FINANCING STATEMENT

 

Name Searched : TA CHEN INTERNATIONAL

Debtors                         : TA CHEN INTERNATIONAL (CA) CORP. [BUSINESS]

  5855 OBISPO AVENUE, LONG BEACH, CA 90805

Filing Date                     : 08/27/2002

Filing Number                : 0224060072

Secured Party               : NMHG FINANCIAL SERVICES INC. [BUSINESS]

  44 OLD RIDGEBURY ROAD, DANBURY, CT 06810

Status                           : UNLAPSED

Type                             : FINANCING STATEMENT

Name Searched : TA CHEN INTERNATIONAL

Debtors                         : TA CHEN INTERNATIONAL, INC. [BUSINESS]

  5855 OBISPO AVENUE, LONG BEACH, CA 90805

Filing Date                     : 09/29/2006

Filing Number                : 067086647367

Secured Party               : LASALLE NATIONAL LEASING CORPORATION [BUSINESS]

  ONE WEST PENNSYLVANIA AVENUE SUITE 1000

  TOWSON, MD 21204

Status                           : UNLAPSED

Type                             : FINANCING STATEMENT

 

Name Searched : TA CHEN INTERNATIONAL

Debtors                         : TA CHEN INTERNATIONAL, INC. [BUSINESS]

  5855 OBISPO AVE., LONG BEACH, CA 91748

Filing Date                     : 04/25/2006

Filing Number                : 067067704360

Secured Party               : TOYOTA MOTOR CREDIT CORPORATION [BUSINESS]

  P. O. BOX 3457, TORRANCE, CA 90510

  ALLIED INDUSTRIAL EQUIPMENT [BUSINESS]

  1640 ISLAND HOME AVENUE, KNOXVILLE, TN 37920

Status                           : UNLAPSED

Type                             : FINANCING STATEMENT

 

Name Searched : TA CHEN INTERNATIONAL

Debtors                         : TA CHEN INTERNATIONAL, INC. [BUSINESS]

  5 BOSWELL DR., BRISTOL, TN 37620

Filing Date                     : 02/27/2006

Filing Number                : 067060235463

Secured Party               : TOYOTA MOTOR CREDIT CORPORATION [BUSINESS]

  P. O. BOX 3457, TORRANCE, CA 90510

  ALLIED INDUSTRIAL EQUIPMENT [BUSINESS]

  1640 ISLAND HOME AVENUE

  KNOXVILLE, TN 37920

Status                           : UNLAPSED

Type                             : FINANCING STATEMENT

 

Name Searched : TA CHEN INTERNATIONAL

Debtors                         : TA CHEN INTERNATIONAL, INC. [BUSINESS]

  5855 OBISPO AVENUE, LONG BEACH, CA 90805

Filing Date                     : 03/14/2006

Filing Number                : 067062266853

Secured Party               : LASALLE NATIONAL LEASING CORPORATION [BUSINESS]

  ONE WEST PENNSYLVANIA AVENUE

  TOWSON, MD 21204

Status                           : UNLAPSED

Type                             : FINANCING STATEMENT

 

Name Searched : TA CHEN INTERNATIONAL

Debtors                         : TA CHEN INTERNATIONAL INC [BUSINESS]

  5650 CENTERPOINT COURT, GURNEE, IL 60031

Filing Date                     : 01/31/2007

Filing Number                : 077100908244

Secured Party               : TOYOTA MOTOR CREDIT CORPORATION [BUSINESS]

  P O BOX 3457, TORRANCE, CA 90510

Status                           : UNLAPSED

Type                             : FINANCING STATEMENT

 

Name Searched : TA CHEN INTERNATIONAL

Debtors                         : TA CHEN INT'L (CA) CORP. [BUSINESS]

  5855 OBISPO AVENUE, LONG BEACH, CA 90805

  TA CHEN INTERNATIONAL, INC. [BUSINESS]

  5855 OBISPO AVENUE, LONG BEACH, CA 90805

Filing Date                     : 06/16/2003

Filing Number                : 0316960082

History                          : Date Time Number Type

  08/15/2003 05:00 PM 03232C0540 AMENDMENT

  08/18/2005 05:00 PM 0570386219 AMENDMENT

 

Secured Party               : BANK OF TAIWAN, LOS ANGELES BRANCH [BUSINESS]

  601 S. FIGUEROA STREET 45TH FLOOR

  LOS ANGELES, CA 90017

Status                           : UNLAPSED

Type                             : FINANCING STATEMENT

 

Name Searched : TA CHEN INTERNATIONAL

Debtors                         : TA CHEN INT'L (CA) CORP. [BUSINESS]

  5855 OBISPO AVENUE, LONG BEACH, CA 90805

  TA CHEN INTERNATIONAL, INC. [BUSINESS]

  5855 OBISPO AVENUE, LONG BEACH, CA 90805

Filing Date                     : 08/04/2003

Filing Number                : 0321760845

History                          : Date Time Number Type

  06/24/2005 07:20 PM 0570319926 AMENDMENT

 

Secured Party               : DBS BANK LTD, LOS ANGELES AGENCY [BUSINESS]

  445 SOUTH FIGUEROA STREET, SUITE 3550, LOS ANGELES, CA 90071

Status                           : UNLAPSED

Type                             : FINANCING STATEMENT

Name Searched : TA CHEN INTERNATIONAL

Debtors                         : TA CHEN INTERNATIONAL, INC. [BUSINESS]

  5855 OBISPO AVE., LONG BEACH, CA 90805

Filing Date                     : 08/17/2006

Filing Number                : 067081934846

Secured Party               : TOYOTA MOTOR CREDIT CORPORATION [BUSINESS]

  P. O. BOX 3457, TORRANCE, CA 90510

  ALLIED INDUSTRIAL EQUIPMENT, INC. [BUSINESS]

  1640 ISLAND HOME AVENUE

  KNOXVILLE, TN 37920

Status                           : UNLAPSED

Type                             : FINANCING STATEMENT

 

Name Searched : TA CHEN INTERNATIONAL

Debtors                         : TA CHEN INTERNATIONAL, INC. [BUSINESS]

  5855 OBISPO AVENUE, LONG BEACH, CA 90805

Filing Date                     : 01/03/2007

Filing Number                : 077097282789

Secured Party               : TOYOTA MOTOR CREDIT CORPORATION [BUSINESS]

  P. O. BOX 3457, TORRANCE, CA 90510

  ALLIED INDUSTRIAL EQUIPMENT, INC. [BUSINESS]

  1640 ISLAND HOME AVENUE, KNOXVILLE, TN 37920

Status                           : UNLAPSED

Type                             : FINANCING STATEMENT

 

Name Searched : TA CHEN INTERNATIONAL

Case Name                   : J C BLINDS MFG INC v. SHIEH ROBERT, et al

Case Type                     : CIVIL

Civil Case Number          : BC 324709

Filing Date                     : 11/17/2004

Secured Party               : PLAINTIFF DEFENDANT COMMENT

  J C BLINDS MFG INC SHIEH ROBERT

  J C BLINDS MFG INC TA CHEN INTERNATL CORP

 

Name Searched : TA CHEN INTERNATIONAL

Debtors                         : TA CHEN INTERNATIONAL CORPORATION [BUSINESS]

  5855 OBISBO AVE, LONG BEACH, CA 90805

Filing Date                     : 05/25/2001

Filing Number                : 0115160685

History                          : Date Time Number Type

  05/03/2006 10:54 AM 0670686868 CONTINUATION

  05/04/2006 06:30 AM 0670687803 AMENDMENT

  06/30/2006 02:06 PM 0670761345 TERMINATION

 

Secured Party               : ASSOCIATES LEASING, INC. [BUSINESS]

  8001 RIDGEPOINT DR

  IRVING, TX 75063

  CITICAPITAL COMMERCIAL LEASING

  CORPORATION [BUSINESS]

  3950 REGENT BLVD 2ND FLOOR, IRVING, TX 75063

Status                           : UNLAPSED

Type                             : FINANCING STATEMENT

 

Name Searched : TA CHEN INTERNATIONAL

Debtors                         : TA CHEN INTERNATIONAL, INC. [BUSINESS]

  5855 OBISPO AVE., LONG BEACH, CA 90805

Filing Date                     : 08/01/2006

Filing Number                : 067080018959

Secured Party               : TOYOTA MOTOR CREDIT CORPORATION [BUSINESS]

  P. O. BOX 3457, TORRANCE, CA 90510

  ALLIED INDUSTRIAL EQUIPMENT, INC. [BUSINESS]

  1640 ISLAND HOME AVENUE, KNOXVILLE, TN 37920

Status                           : UNLAPSED

Type                             : FINANCING STATEMENT

 

Name Searched : TA CHEN INTERNATIONAL

Case Name                   : ANDREANA SAUCEDO, et al v. TA CHEN STAINLESS PIPE CO. L, et al

Case Type                     : CIVIL

Civil Case Number          : NC 037605

Filing Date                     : 10/19/2005

Secured Party               : PLAINTIFF DEFENDANT COMMENT

  ANDREANA SAUCEDO TA CHEN STAINLESS PIPE CO. L

  DAVID MEDINA LIANG FENG STAINLESS STEEL F

  DAVID MEDINA PFP TAIWAN CO LTD (AKA PFP)

  DAVID MEDINA TA CHEN INTERNATIONAL INC. (

  DAVID MEDINA TA CHEN STAINLESS PIPE CO. L

  DAVID MEDINA TRU-FLOW INDUSTRIAL CO LTD

 

Name Searched : TA CHEN INTERNATIONAL

Case Number                : Y326154T

Defendant                      : SANTOS CESAR

  TA CHEN INTL CORP

Filing Date                     : 2/25/2004

 

Name Searched : TA CHEN INTERNATIONAL

Debtors                         : TA CHEN INTERNATIONAL, INC. [BUSINESS]

  5855 OBISPO AVE., LONG BEACH, CA 91748

Filing Date                     : 04/17/2006

Filing Number                : 067066380561

Secured Party               : TOYOTA MOTOR CREDIT CORPORATION [BUSINESS]

  P. O. BOX 3457, TORRANCE, CA 90510

  ALLIED INDUSTRIAL EQUIPMENT [BUSINESS]

  1640 ISLAND HOME AVENUE, KNOXVILLE, TN 37920

Status                           : UNLAPSED

Type                             : FINANCING STATEMENT

 

Name Searched : TA CHEN INTERNATIONAL

Debtors                         : TA CHEN INTERNATIONAL, INC. [BUSINESS]

  5855 OBISPO AVE., LONG BEACH, CA 91748

Filing Date                     : 04/19/2006

Filing Number                : 067066944345

Secured Party               : TOYOTA MOTOR CREDIT CORPORATION [BUSINESS]

  P. O. BOX 3457, TORRANCE, CA 90510

  ALLIED INDUSTRIAL EQUIPMENT [BUSINESS]

  1640 ISLAND HOME AVENUE, KNOXVILLE, TN 37920

Status                           : UNLAPSED

Type                             : FINANCING STATEMENT

 

Name Searched : TA CHEN INTERNATIONAL

Debtors                         : TA CHEN INTERNATIONAL, INC. [BUSINESS]

  5855 OBISPO AVE., LONG BEACH, CA 91748

Filing Date                     : 04/25/2006

Filing Number                : 067067704986

Secured Party               : TOYOTA MOTOR CREDIT CORPORATION [BUSINESS]

  P. O. BOX 3457, TORRANCE, CA 90510

  ALLIED INDUSTRIAL EQUIPMENT [BUSINESS]

  1640 ISLAND HOME AVENUE, KNOXVILLE, TN 37920

Status                           : UNLAPSED

Type                             : FINANCING STATEMENT

 

Name Searched : TA CHEN INTERNATIONAL

Debtors                         : TA CHEN INTERNATIONAL, INC. [BUSINESS]

  5855 OBISPO AVENUE, LONG BEACH, CA 90805

Filing Date                     : 07/26/2006

Filing Number                : 067079196611

Secured Party               : TOYOTA MOTOR CREDIT CORPORATION [BUSINESS]

  P. O. BOX 3457, TORRANCE, CA 90510

  ALLIED INDUSTRIAL EQUIPMENT, INC. [BUSINESS]

  1640 ISLAND HOME AVENUE, KNOXVILLE, TN 37920

Status                           : UNLAPSED

Type                             : FINANCING STATEMENT

 

Name Searched : TA CHEN INTERNATIONAL

Debtors                         : TA CHEN INTERNATIONAL, INC. [BUSINESS]

  5650 CENTERPOINT COURT, GURNEE, IL 60031

Filing Date                     : 05/24/2006

Filing Number                : 067071429672

Secured Party               : TOYOTA MOTOR CREDIT CORPORATION [BUSINESS]

  P O BOX 3457, TORRANCE, CA 90510

Status                           : UNLAPSED

Type                             : FINANCING STATEMENT

Name Searched : TA CHEN INTERNATIONAL

Debtors                         : TA CHEN INTERNATIONAL (CA) CORP. [BUSINESS]

  5855 OBISPO AVE, LONG BEACH, CA

Filing Date                     : 11/15/2000

Filing Number                : 0032361358

Secured Party               : NMHG FINANCIAL SERVICES, INC. [BUSINESS]

  44 OLD RIDGEBURY RD, DANBURY, CT 06810

Status                           : UNLAPSED

Type                             : FINANCING STATEMENT

 

Name Searched : TA CHEN INTERNATIONAL

Debtors                         : TA CHEN INTERNATIONAL (CA) CORP [BUSINESS]

  5855 OBISPO AVE, LONG BEACH, CA 90805

Filing Date                     : 11/20/2000

Filing Number                : 0033960075

Secured Party               : NMHG FINANCIAL SERVICES INC. [BUSINESS]

  44 OLD RIDGEBURY RD, DANBURY, CT 06810

Status                           : UNLAPSED

Type                             : FINANCING STATEMENT

 

Name Searched : TA CHEN INTERNATIONAL

Debtors                         : TA CHEN INTERNATIONAL (CA) CORP [BUSINESS]

  9135 C WALLISVILLE RD, HOUSTON, TX 77029-7029

Filing Date                     : 04/15/2005

Filing Number                : 057023473203

Secured Party               : RAYMOND LEASING CORPORATION [BUSINESS]

  20 S. CANAL STREET, GREENE, NY 13778

Status                           : UNLAPSED

Type                             : FINANCING STATEMENT

 

Name Searched : TA CHEN INTERNATIONAL

Debtors                         : TA CHEN INTERNATIONAL (CA) CORP. [BUSINESS]

  5855 OBISPO AVE, LONG BEACH, CA 90805

Filing Date                     : 03/05/2001

Filing Number                : 0106761133

Secured Party               : JOHNSON LIFT/HYSTER [BUSINESS]

  POB 60007

  INDUSTRY, CA 91716

Status                           : UNLAPSED

Type                             : FINANCING STATEMENT

 

Name Searched : TA CHEN INTERNATIONAL

Debtors                         : TA CHEN INTERNATIONAL, INC. [BUSINESS]

  5855 OBISPO AVENUE, LONG BEACH, CA 90805

Filing Date                     : 07/18/2006

Filing Number                : 067077931686

Secured Party               : TOYOTA MOTOR CREDIT CORPORATION [BUSINESS]

  P. O. BOX 3457

  TORRANCE, CA 90510

  ALLIED INDUSTRIAL EQUIPMENT, INC. [BUSINESS]

  1640 ISLAND HOME AVENUE

  KNOXVILLE, TN 37920

Status                           : UNLAPSED

Type                             : FINANCING STATEMENT

 

Name Searched : TA CHEN INTERNATIONAL

Debtors                         : TA CHEN INTERNATIONAL, INC. [BUSINESS]

  5650 CENTERPOINT COURT, GURNEE, IL 60031

Filing Date                     : 05/03/2006

Filing Number                : 067068659209

Secured Party               : TOYOTA MOTOR CREDIT CORPORATION [BUSINESS]

  P O BOX 3457, TORRANCE, CA 90510

Status                           : UNLAPSED

Type                             : FINANCING STATEMENT

 

A search of bankruptcy courts revealed no record of the Subject filing for bankruptcy.

 

 

GENERAL COMMENTS

 

The Subject is a well established manufacturer and wholesaler of stainless steel pipes and other metal products. The payment history shows the Company has been efficient with its payments. Thus, they are considered to be capable of handling 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

NR

In view of the lack of information, we have no basis upon which to recommend credit dealings

No Rating

 

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions