MIRA INFORM REPORT

 

 

Report Date :           

18.08.2011

 

IDENTIFICATION DETAILS

 

Correct Name :

ANDERSON INTERNATIONAL CORP

 

 

Registered Office :

6200 Harvard Ave, Ste 1, Cleveland, OH 44105-4896

 

 

Country :

United States 

 

 

Year of Establishment :

1892

 

 

Legal Form :

Private Independent Company

 

 

Line of Business :

Manufacturer of food processing equipment

 

 

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

 

Maximum Credit Limit :

$10,000 (USD)

 

 

Status :

Satisfactory

 

 

Payment Behaviour :

No Complaints

 

 

Litigation :

Clear

 


 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – March 31st, 2011

 

Country Name

Previous Rating

                   (31.12.2010)                  

Current Rating

(31.03.2011)

United States 

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Company name & address 

 

Anderson International Corp

 

6200 Harvard Ave

Ste 1

Cleveland, OH 44105-4896

United States

 

Tel:       216-641-1112

Fax:      216-641-0709

 

Toll Free:           800-336-4730

Web: www.andersonintl.net

 

 

Synthesis

           

Employees:                  80

Company Type:            Private Independent

Incorporation Date:         1892

Financials in:                 USD (Millions)

Reporting Currency:       US Dollar

Annual Sales:               12.9

Total Assets:                NA

 

 

Business Description     

 

Founded in 1888, Anderson International is a manufacturer of food processing equipment. The company provides grinders, choppers, cutters, mincers, steam traps, dewatering systems and rotary steam tube dryers. Additionally, it offers processing services for oilseeds, meat products and synthetic rubber materials in more than 90 countries. It offers product distribution, technical assistance, customer support and installation services. It also provides processing and specialty cutting services for a variety of poultry products and animal feed, including domestic, pet, aquatic and cattle food supplies. The company serves the commercial food and farm and poultry products processing and packaging industries. Anderson International has offices throughout the United States and is headquartered in Cleveland.

 

Industry

Industry            Food Processing

ANZSIC 2006:    1150 - Oil and Fat Manufacturing

NACE 2002:      1542 - Manufacture of refined oils and fats

NAICS 2002:     311225 - Fats and Oils Refining and Blending

UK SIC 2003:    1542 - Manufacture of refined oils and fats

US SIC 1987:    2076 - Vegetable Oil Mills, Except Corn, Cottonseed, and Soybean

 


Key Executives  

(Emails Available)       

 

Name

Title

Len Trocano

President

Kathleene O'Hearn

Finance Executive

Vince Vavpot

Sales Executive

Kathy Twardzik

Human Resources Executive

 

 

News 

 

Title

Date

Site visits for Recope storage project call draw 40-plus groups
BNamericas (English) (163 Words)

9-Jun-2011

Researchers from Cancer Center Provide Details of New Studies and Findings in the Area of Liposomes
Biotech Week (281 Words)

18-May-2011

Anderson International moving operations.
Rubber & Plastics News (223 Words)

2-May-2011

 

 

1 - Profit & Loss Item Exchange Rate: USD 1 = USD 1

2 - Balance Sheet Item Exchange Rate: USD 1 = USD 1

 

 

Corporate Overview

 

Location

6200 Harvard Ave

Ste 1

Cleveland, OH, 44105-4896

Cuyahoga County

United States

Tel:                   216-641-1112

Fax:                  216-641-0709

Toll Free Tel:     800-336-4730

Web:                www.andersonintl.net


           

Sales USD(mil):             12.9

Assets USD(mil):           NA

Employees:                   80

Industry:                        Food Processing

Incorporation Date:         1892

Company Type:             Private Independent

Quoted Status:              Not Quoted

 

President:                     Len Trocano

 

Contents

·         Industry Codes

·         Business Description

·         Financial Data

·         Additional Information

 

Industry Codes

 

ANZSIC 2006 Codes:

2499     -          Other Machinery and Equipment Manufacturing Not Elsewhere Classified

1192     -          Prepared Animal and Bird Feed Manufacturing

6962     -          Management Advice and Related Consulting Services

3499     -          Other Machinery and Equipment Wholesaling Not Elsewhere Classified

1150     -          Oil and Fat Manufacturing

2469     -          Other Specialised Machinery and Equipment Manufacturing

1161     -          Grain Mill Product Manufacturing

 

NACE 2002 Codes:

2953     -          Manufacture of machinery for food, beverage and tobacco processing

1572     -          Manufacture of prepared pet foods

7414     -          Business and management consultancy activities

5187     -          Wholesale of other machinery for use in industry, trade and navigation

1542     -          Manufacture of refined oils and fats

2924     -          Manufacture of other general purpose machinery not elsewhere classified

1561     -          Manufacture of grain mill products

 

NAICS 2002 Codes:

333319  -          Other Commercial and Service Industry Machinery Manufacturing

333999  -          All Other Miscellaneous General Purpose Machinery Manufacturing

311225  -          Fats and Oils Refining and Blending

541613  -          Marketing Consulting Services

423440  -          Other Commercial Equipment Merchant Wholesalers

311111  -          Dog and Cat Food Manufacturing

333294  -          Food Product Machinery Manufacturing

311211  -          Flour Milling

 

US SIC 1987:

3569     -          General Industrial Machinery and Equipment, Not Elsewhere Classified

3589     -          Service Industry Machinery, Not Elsewhere Classified

2076     -          Vegetable Oil Mills, Except Corn, Cottonseed, and Soybean

8742     -          Management Consulting Services

5046     -          Commercial Equipment, Not Elsewhere Classified

2041     -          Flour and Other Grain Mill Products

3556     -          Food Products Machinery

2047     -          Dog and Cat Food

 

UK SIC 2003:

2953     -          Manufacture of machinery for food, beverage and tobacco processing

1572     -          Manufacture of prepared pet foods

7414     -          Business and management consultancy activities

5187     -          Wholesale of other machinery for use in industry, trade and navigation

1542     -          Manufacture of refined oils and fats

2924     -          Manufacture of other general purpose machinery not elsewhere classified

15611   -          Grain milling

 

Business Description

Founded in 1888, Anderson International is a manufacturer of food processing equipment. The company provides grinders, choppers, cutters, mincers, steam traps, dewatering systems and rotary steam tube dryers. Additionally, it offers processing services for oilseeds, meat products and synthetic rubber materials in more than 90 countries. It offers product distribution, technical assistance, customer support and installation services. It also provides processing and specialty cutting services for a variety of poultry products and animal feed, including domestic, pet, aquatic and cattle food supplies. The company serves the commercial food and farm and poultry products processing and packaging industries. Anderson International has offices throughout the United States and is headquartered in Cleveland.

 

Financial Data

Financials in:

USD(mil)

 

Revenue:

12.9

1 Year Growth

NA

 

 

Additional Information

ABI Number:

004242889

 

 

 

 

Credit Report as of 12/01/201

 

Location

6200 Harvard Ave Ste: 1
Cleveland, OH 44105-4896
United States

 

County:

Cuyahoga

MSA:

Akron, OH

 

Phone:

216-641-1112

Fax:

216-641-0709

Toll Free:

800-336-4730

URL:

http://andersonintl.net

 

ABI©:

004242889

 

Annual Sales:

$12,900,000 (USD)

Employees:

80

 

Facility Size(ft2):

40,000+

 

Business Type:

Private

Location Type:

Single Location

 

RECOMMENDED CREDIT LIMIT *

   $10,000 (USD)

 

 

Primary Line of Business:

SIC:

2076-98 - Veg Oil Mills-Ex Corn Soybean (Mfrs)

NAICS:

311225 - Fats & Oils Refining & Blending

Secondary Lines of Business:

NAICS:

541613 - Marketing Consulting Svcs

 

333319 - Other Commercial & Svc Machinery Mfg

 

333999 - Misc General Purpose Machinery Mfg

 

311111 - Dog & Cat Food Mfg

 

423440 - Other Commercial Equip Merchant Whols

 

333294 - Food Prod Machinery Mfg

 

311211 - Flour Milling

SICs:

2041-02 - Milling (Mfrs)

 

2047-01 - Dog & Cat Food (Mfrs)

 

2079-98 - Shortening Tbl Oils Margarine Etc (Mfrs)

 

3556-98 - Food Products-Machinery (Mfrs)

 

3559-09 - Special Industry Machinery NEC (Mfrs)

 

3599-98 - Industrial/Coml Machinery/Equip NEC (Mfrs)

 

5046-01 - Food Processing Equipment & Supls (Whls)

 

8742-13 - Marketing Programs & Services

 

 

Table of Contents

 Profile Links

·         Similar Businesses in the Area

·         Closest Neighbors

 

External Links

·         http://andersonintl.net

·         Similar Businesses in the Area *

 

Liberty Vegetable Oil Co

15306 Carmenita Rd

Santa Fe Springs, CA 90670-5606          

 

Jacob Stern & Sons

1464 E Valley Rd

Santa Barbara, CA 93108-1241   1005


 

Tallow Tree LLC

1232 Lowerline St

New Orleans, LA 70118-5235

 

ADM

1388 Highway 97

Velva, ND 58790-9003

 

   * Similar Businesses are defined as the closest businesses sharing the same six-digit primary SIC code ( 2076-98 - Veg Oil Mills-Ex Corn Soybean (Mfrs)) regardless of size.

 

Closest Neighbors

Paul's Barber Shop

4031 E 64th St

Cleveland, OH 44105-3732         

 

NYC Sports Inc

944 E 152nd St

Cleveland, OH 44110-3068         

 

Ted's Auto Services Center

6316 Harvard Ave

Cleveland, OH 44105-4863

 

Dougherty Lumber Co

6000 Harvard Ave

Cleveland, OH 44105-4894         

 

Industrial Wholesale Lumber Co

6000 Harvard Ave

Cleveland, OH 44105-4859         

 

Dougherty-Hanna Resources Co

6000 Harvard Ave

Cleveland, OH 44105-4859

 

CVS Pharmacy

6301 Harvard Ave

Cleveland, OH 44105-4862         

 

Cleveland Plywood Co

5900 Harvard Ave

Cleveland, OH 44105-4893         

 

National Cash Advance

6410 Harvard Ave

Cleveland, OH 44105-4905

 

 

 

 

Executive report

 

Executives

 

Name

Title

Function

 

Len Trocano

View Email

President

President

 

Kathleene O'Hearn

 

Finance Executive

Finance Executive

 

Kathy Twardzik

View Email

Human Resources Executive

Human Resources Executive

 

Vince Vavpot

View Email

Sales Executive

Sales Executive

 

 

BNamericas (English): 09 June 2011

 

[What follows is the full text of the news story.]

 

Over 40 firms attended site visits for Costa Rican state refiner Recope's call to design, supply, build, install and put into operation fuel storage infrastructure at distribution depots El Alto, La Garita and Barranca.

 

The participants included Alfa Co, Anderson International, AP Constructora, Constructora DIA, Constructora Presbere, Cymimasa, Edica, Ekia Consulting, Elvatron, Flowserve, Haug, HT Ingenieros, IIMA, Isiven, Itanseca, Monelca, OAS, Pimesa, Saret, Setec, SNC Lavalin, Soimsa, Tesca Ingenier�a, Tipic, Tradeco, Traesa and Zebol, according to information from the refiner.

 

The contract includes two regular gasoline tanks at El Alto, two gasoline and two diesel tanks at La Garita, and two jet fuel tanks and a loader at Barranca.

 

Recope has budgeted works at US$37.7mn, with offers due by July 14. The goal is to award the contract by year-end with operations startup penciled in for October 2013.

 

The project is part of Recope's distribution depot modernization program. El Alto dates back to the 1960s, and La Garita and Barranca the 1980s.

 

Researchers from Cancer Center Provide Details of New Studies and Findings in the Area of Liposomes

Liposomes

 

Biotech Week: 18 May 2011

 

[What follows is the full text of the news story.]

 

New investigation results, "Safety profile of trabectedin in combination with liposomal pegylated doxorrubicin in relapsed ovarian carcinoma: considerations for optimal management," are detailed in a study published in International Journal of Gynecological Cancer. "The toxicity profile of trabectedin in the OVA-301 trial, that combined trabectedin with pegylated liposomal doxorubicin for the treatment of patients with ovarian cancer, has shown to be predictable and manageable. No unexpected toxicities were found, with neutropenia and transient increase in transaminases as the most common adverse events reported," investigators in Madrid, Spain report (see also Liposomes).

 

"The elevation in transaminases appeared early and generally decreased in incidence and intensity over subsequent cycles, with no major clinical consequences. A similar safety profile was seen in the analysis of the older patients in the trial. There were no detrimental effects in quality of life with the combination. Moreover, the Global Health Status score was better for the combination arm in those patients with a PFI of 6 to 12 months that were in response after 5 cycles. Trabectedin with pegylated liposomal doxorubicin is not associated with cumulative end-organ toxicities (renal, cardiac, or neurological toxicities)," wrote Martin A. Gonzalez and colleagues, Cancer Center.

 

The researchers concluded: "The toxicity profile is different from other second-line strategies without the presence of inconvenient side effects, such as alopecia, hypersensitivity reactions, hand-foot syndrome, or mucositis."

 

Gonzalez and colleagues published their study in International Journal of Gynecological Cancer (Safety profile of trabectedin in combination with liposomal pegylated doxorrubicin in relapsed ovarian carcinoma: considerations for optimal management. International Journal of Gynecological Cancer, 2011;21(10 Suppl 1):S6-8).

 

For additional information, contact A. Gonzalez Martin, Medical Oncology Department, Cancer Center MD Anderson International, Madrid, Spain.

 

Anderson International moving operations.

 

Rubber & Plastics News: 02 May 2011

[What follows is the full text of the news story.]

 

Anderson International Corp., which makes equipment for synthetic rubber producers and other industries, is moving its headquarters and plant to Stow, Ohio, from Cleveland.

 

The company, which has 78 employees, said it will relocate by December to a 78,238-sq.-ft. building formerly owned by Wheeler-Boyce.

 

"The move to Stow will provide Anderson with an opportunity to further control and reduce our operating costs, which are necessary to preserve our position in a very competitive international market," said Anderson International President Len- ny Trocano.

 

The firm makes polymer dewatering and drying systems, as well as other heavy equipment for the vegetable oil, pet food and animal feeds processing industries.

 

Trocano said another factor in the decision to relocate to the Akron suburb is its commitment to research and development. "This relocation to a more modern facility in an established industrial area enhances Anderson's ability to attract and retain new talent," he said.

 

The company was founded in 1888 by Valerius D. Anderson, who invented a method of extracting vegetable oil and fats by using a continuous mechanical screw press called the Expeller. That device has been sold to companies in more than 90 countries.

 

Anderson exports 75 percent of its capital production to customers in Asia, South America, Central America, the Middle East and Africa.


FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.45.37

UK Pound

1

Rs.74.56

Euro

1

Rs.65.34

 

 

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

Capability to overcome financial difficulties seems comparatively below average.

 

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

----

NB

New Business

----

 

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

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.