MIRA INFORM REPORT

 

 

Report Date :

10.12.2011

 

IDENTIFICATION DETAILS

 

Name :

EMERALD KALAMA CHEMICAL LLC

 

 

Registered Office :

1296 NW 3rd St Kalama, WA 98625-9799

 

 

Country :

United States

 

 

Date of Incorporation :

Not Available

 

 

Legal Form :

Private Branch

 

 

Line of Business :

Manufacture of other chemical products not elsewhere classified

 

 

No. of Employees :

19

 

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 :

$5,000 (USD)

Status :

Satisfactory

Payment Behaviour :

No Compliant

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 – September 30, 2011

 

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

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 and address

 

Top of Form

Emerald Kalama Chemical LLC

                                                                                                                                                    

 

1296 NW 3rd St

 

 

Kalama, WA 98625-9799

United States

Map

 

Tel:

360-673-2550

Fax:

360-673-3564

Toll Free:

800-562-5217

 

www.noveoninc.com

 

Employees:

19

Company Type:

Private Branch

Corporate Family:

3985 Companies

Ultimate Parent:

Sun Capital Partners, Inc.

 

 

Financials in:

USD (mil)

 

 

Reporting Currency:

US Dollar

Annual Sales:

10.4

Total Assets:

NA

                                      

Business Description       

 

Establishments primarily engaged in manufacturing miscellaneous chemical preparations, not elsewhere classified, such as fatty acids, essential oils, gelatin (except vegetable), sizes, bluing, laundry sours, writing and stamp pad ink, industrial compounds, such as boiler and heat insulating compounds, metal, oil, and water-treating compounds, waterproofing compounds, and chemical supplies for foundries.

         

Industry                                                                                                                                

 

Industry

Chemical Manufacturing

ANZSIC 2006:

1899 - Other Basic Chemical Product Manufacturing Not Elsewhere Classified

NACE 2002:

2466 - Manufacture of other chemical products not elsewhere classified

NAICS 2002:

325998 - All Other Miscellaneous Chemical Product and Preparation Manufacturing

UK SIC 2003:

2466 - Manufacture of other chemical products not elsewhere classified

US SIC 1987:

2899 - Chemicals and Chemical Preparations, Not Elsewhere Classified

                                         

Key Executives   (Emails Available)    

                      

 

Name

Title

Jack Hagen

Finance Executive

Susie Kirby

IT Executive

Paul Cartier

Manufacturing Executive

Christopher Wrobel

Pr Contact

Bill Castleberry

Sourcing Director

1 - Profit & Loss Item Exchange Rate: USD 1 = USD 1
2 - Balance Sheet Item Exchange Rate: USD 1 = USD 1

 


Corporate Overview

 

Location
1296 NW 3rd St
Kalama, WA, 98625-9799
Cowlitz County
United States

 

Tel:

360-673-2550

Fax:

360-673-3564

Toll Free Tel:

800-562-5217

 

www.noveoninc.com

Sales USD(mil):

10.4

Assets USD(mil):

NA

Employees:

19

 

Industry:

Chemical Manufacturing

Company Type:

Private Branch

Quoted Status:

Not Quoted

 

IT Executive:

Susie Kirby

 

Contents

·         Industry Codes

·         Business Description

·         Financial Data

·         Additional Information

 

Industry Codes

 

ANZSIC 2006 Codes:

1812

-

Basic Organic Chemical Manufacturing

4279

-

Other Store-Based Retailing Not Elsewhere Classified

1899

-

Other Basic Chemical Product Manufacturing Not Elsewhere Classified

 

NACE 2002 Codes:

5248

-

Other retail sale in specialised stores

2414

-

Manufacture of other organic basic chemicals

2466

-

Manufacture of other chemical products not elsewhere classified

 

NAICS 2002 Codes:

325199

-

All Other Basic Organic Chemical Manufacturing

453998

-

All Other Miscellaneous Store Retailers (except Tobacco Stores)

325998

-

All Other Miscellaneous Chemical Product and Preparation Manufacturing

 

US SIC 1987:

2899

-

Chemicals and Chemical Preparations, Not Elsewhere Classified

5999

-

Miscellaneous Retail Stores, Not Elsewhere Classified

2869

-

Industrial Organic Chemicals, Not Elsewhere Classified

 

UK SIC 2003:

5248

-

Other retail sale in specialised stores

2466

-

Manufacture of other chemical products not elsewhere classified

2414

-

Manufacture of other organic basic chemicals

 

 

Business Description

Establishments primarily engaged in manufacturing miscellaneous chemical preparations, not elsewhere classified, such as fatty acids, essential oils, gelatin (except vegetable), sizes, bluing, laundry sours, writing and stamp pad ink, industrial compounds, such as boiler and heat insulating compounds, metal, oil, and water-treating compounds, waterproofing compounds, and chemical supplies for foundries.

 

 

 

 

 

 

Financial Data

 

Financials in:

USD(mil)

 

Revenue:

10.4

1 Year Growth

NA

 

 

 

Additional Infomation

 

 

 

Location

1296 NW 3rd St
Kalama, WA 98625-9799
United States

 

County:

Cowlitz

 

Phone:

360-673-2550

Fax:

360-673-3564

Toll Free:

800-562-5217

URL:

http://noveoninc.com

 

 

Annual Sales:

$10,431,000 (USD)

Employees:

19

 

Facility Size(ft2):

10,000 - 39,999

 

Business Type:

Private

Location Type:

Branch

Corp. Affiliation:

Sun Capital Partners Inc

 

   

 

RECOMMENDED CREDIT LIMIT *

   $5,000 (USD)

 

 

Primary Line of Business:

SIC:

2899-05 - Chemicals-Manufacturers

NAICS:

325998 - Other Misc Chemical Prod Mfg

Secondary Lines of Business:

NAICS:

453998 - Store Retailers Not Specified Elsewhere

SICs:

2869-98 - Industrial Organic Chemicals NEC (Mfrs)

 

5999-19 - Chemicals-Retail

 

325199 - All Other Basic Organic Chemical Mfg

 

 

Table of Contents

 

Profile Links

Similar Businesses in the Area

Closest Neighbors

Disclaimer

External Links

http://noveoninc.com

 

 

 

Similar Businesses in the Area *

 

Camco Manufacturing Inc
6840 N Fathom St Ste: F
Portland, OR 97217-3962

Rhodia Inc
4429 N Suttle Rd
Portland, OR 97217-7719

Diacon Technologies Inc
3800 SE Columbia Way Ste: 100
Vancouver, WA 98661-5582

Equa-Chlor LLC
3541 Industrial Way
Longview, WA 98632-9286

General Chemical
2611 W 26th Ext
Vancouver, WA 98660-1073

Kemira Water Solutions Inc
850 3rd Ave
Longview, WA 98632-2100

TOKYO Ohka Kogyo America Inc
4600 NW Brookwood Pkwy
Hillsboro, OR 97124-5301

Lacamas Laboratories
3625 N Suttle Rd
Portland, OR 97217-7713

TCI America
9211 N Harborgate St
Portland, OR 97203-6308

Kanto Corp
13424 N Woodrush Way
Portland, OR 97203-6417

 

 

 

 

   * 

Similar Businesses are defined as the closest businesses sharing the same six-digit primary SIC code ( 2899-05 - Chemicals-Manufacturers) regardless of size.

 

Closest Neighbors

 

Kalama Export Co LLC
2211 Hendrickson Dr
Kalama, WA 98625-9697

Agriculture Dept
2211 Hendrickson Dr
Kalama, WA 98625-9697

J & B Towing
116 Wilson Dr
Kalama, WA 98625-9846

Cleaning With TLC
550 N 1st St
Kalama, WA 98625

North Star Yachts
1265 NW 3rd St
Kalama, WA 98625-9703

RSG Forest Products Inc
985 NW 2nd St
Kalama, WA 98625-9647

Gram Lumber Co
985 NW 2nd St
Kalama, WA 98625-9648

Kalama Rv & Dry Storage
116 Wilson Dr
Kalama, WA 98625-9846

 

 

 

 

Corporate Structure News

 

Emerald Kalama Chemical LLC
Total Corporate Family Members: 3985
Excluded Small Branches and/or Trading Addresses: 3497 (Available via export)

 

 

 

 

Company Name

Company Type

Location

Country

Industry

Sales
(USD mil)

Employees

Sun Capital Partners, Inc.

Parent

Boca Raton, FL

United States

Miscellaneous Financial Services

 

170,001

Acquisition of Scotch & Soda Beheer B.V. proposed/announced.See corporate structure news on Sun Capital Partners, Inc. for details

Captain D's LLC

Subsidiary

Nashville, TN

United States

Restaurants

900.0

7,200

 

Performance Fibers Inc.

Subsidiary

N Chesterfield, VA

United States

Fabricated Plastic and Rubber

1,750.0

6,500

 

Performance Fibers

Branch

Winnsboro, SC

United States

Containers and Packaging

115.5

350

 

neckermann.de GmbH

Subsidiary

Frankfurt am Main

Germany

Retail (Catalog and Mail Order)

1,623.6

5,000

 

Versandhaus Walz GmbH

Subsidiary

Bad Waldsee

Germany

Retail (Catalog and Mail Order)

364.8

1,700

 

Neckermann Logistik GmbH

Subsidiary

Frankfurt Am Main, Hessen

Germany

Personal Services

 

750

 

Neckermann Versand Γ–sterreich AG

Subsidiary

Graz

Austria

Retail (Catalog and Mail Order)

129.0

365

 

Happy Size-Company Versandhandels GmbH

Subsidiary

Frankfurt Am Main, Hessen

Germany

Retail (Catalog and Mail Order)

110.5

67

 

Walz France

Subsidiary

Schiltigheim

France

Retail (Catalog and Mail Order)

 

34

 

Neckermann.com BV

Subsidiary

Terneuzen

Netherlands

Retail (Catalog and Mail Order)

277.2

 

 

Mark IV LLC

Subsidiary

Amherst, NY

United States

Auto and Truck Parts

1,393.7

4,632

 

Dayco Europe SRL

Subsidiary

Chieti Scalo, CH

Italy

Miscellaneous Capital Goods

445.6

1,397

 

Mark Iv Systemes Moteurs

Subsidiary

Levallois Perret

France

Fabricated Plastic and Rubber

251.8

795

 

Acquisition by Sogefi SpA proposed/announced.See corporate structure news on Sun Capital Partners, Inc. for details

Dayco Fuel and Fluid

Subsidiary

M'nihla

Tunisia

Auto and Truck Parts

 

275

 

Dayco Sacic

Subsidiary

Ghlin

Belgium

Fabricated Plastic and Rubber

71.9

115

 

Lombardini SRL

Subsidiary

Reggio Emilia, RE

Italy

Miscellaneous Capital Goods

186.9

928

 

Lombardini France

Subsidiary

Limas

France

Construction and Agriculture Machinery

0.8

34

 

Genelec

Subsidiary

Arnas

France

Appliance and Tool

22.7

28

 

LOMBARDINI Motoren Gesellschaft mit beschrΓ€nkter Haftung

Subsidiary

Frankfurt Am Main, Hessen

Germany

Appliance and Tool

 

14

 

Kohler Co

Subsidiary

Duluth, GA

United States

Miscellaneous Capital Goods

2.2

4

 

Dayco Products LLC

Branch

Williston, SC

United States

Fabricated Plastic and Rubber

85.5

325

 

Luminator Technology Group

Subsidiary

Plano, TX

United States

Furniture and Fixtures

77.0

250

 

Dayco Canada Corp

Subsidiary

Concord, ON

Canada

Fabricated Plastic and Rubber

94.8

200

 

Mark IV Automotive

Branch

Rochester Hills, MI

United States

Auto and Truck Parts

79.3

177

 

Dayco Products LLC

Branch

Walterboro, SC

United States

Fabricated Plastic and Rubber

39.5

150

 

Dayco Products LLC

Branch

Springdale, AR

United States

Auto and Truck Parts

43.0

115

 

Dayco Products LLC

Branch

Tulsa, OK

United States

Auto and Truck Parts

18.7

50

 

Nrd LLC

Branch

Grand Island, NY

United States

Scientific and Technical Instruments

10.9

40

 

Dayco Products LLC

Branch

Roseville, MI

United States

Miscellaneous Fabricated Products

10.0

25

 

Exopack Holding Corp.

Subsidiary

Spartanburg, SC

United States

Containers and Packaging

785.1

2,435

 

Exopack LLC

Branch

Spartanburg, SC

United States

Paper and Paper Products

129.5

500

 

Exopack

Branch

Tifton, GA

United States

Paper and Paper Products

72.5

280

 

Exopack

Branch

Tomah, WI

United States

Fabricated Plastic and Rubber

98.5

250

 

Exopack

Branch

Hanford, CA

United States

Paper and Paper Products

64.4

200

 

Exopack

Branch

Griffin, GA

United States

Paper and Paper Products

60.8

150

 

Exopack LLC

Branch

Thomasville, NC

United States

Paper and Paper Products

43.0

150

 

Exopack

Branch

Sibley, IA

United States

Paper and Paper Products

38.9

150

 

Exopack

Branch

Hazle Twp, PA

United States

Paper and Paper Products

22.0

85

 

Exopack

Branch

Albany, GA

United States

Paper and Paper Products

26.3

65

 

Exopack

Branch

Ontario, CA

United States

Fabricated Plastic and Rubber

1.6

65

 

Exopack

Branch

Longview, TX

United States

Fabricated Plastic and Rubber

54.0

45

 

Rowe Furniture, Inc.

Affiliates

McLean, VA

United States

Furniture and Fixtures

299.4

2,400

 

Catalina Lighting, Inc.

Subsidiary

Miami, FL

United States

Furniture and Fixtures

209.8

2,214

 

Catalina Lighting Inc

Branch

Tupelo, MS

United States

Furniture and Fixtures

5.6

26

 

Worsley Operating Corporation

Subsidiary

Wilmington, NC

United States

Retail (Grocery)

225.0

1,200

 

Young's Food Stores

Branch

Sumter, SC

United States

Retail (Grocery)

9.9

44

 

HORSEHEAD HOLDING CORP.

Subsidiary

Monaco, PA

United States

Metal Mining

382.4

1,089

 

Horsehead Corp

Subsidiary

Pittsburgh, PA

United States

Metal Mining

250.0

692

 

Horsehead Corp

Branch

Chicago, IL

United States

Miscellaneous Fabricated Products

30.8

72

 

Horsehead Corp

Branch

Bartlesville, OK

United States

Miscellaneous Capital Goods

51.3

45

 

Horsehead Corp

Branch

Rockwood, TN

United States

Chemical Manufacturing

23.1

42

 

International Metals Reclamation Co

Subsidiary

Ellwood City, PA

United States

Metal Mining

 

110

 

Fearmans Pork Inc

Subsidiary

Burlington, ON

Canada

Food Processing

719.2

1,001

 

Limited Stores LLC

Subsidiary

New Albany, OH

United States

Retail (Apparel)

545.0

1,000

 

Limited

Branch

Hanover, MD

United States

Retail (Apparel)

15.8

85

 

Limited

Branch

Columbus, OH

United States

Retail (Apparel)

14.0

75

 

Limited

Branch

Cheektowaga, NY

United States

Retail (Apparel)

9.3

50

 

Limited

Branch

Dallas, TX

United States

Retail (Apparel)

9.3

50

 

Limited

Branch

St Louis, MO

United States

Retail (Apparel)

9.3

50

 

Limited

Branch

Miami, FL

United States

Retail (Apparel)

9.3

50

 

Limited

Branch

Schaumburg, IL

United States

Retail (Apparel)

8.4

45

 

Limited

Branch

Brookfield, WI

United States

Retail (Apparel)

8.4

45

 

Limited

Branch

New York, NY

United States

Retail (Apparel)

8.2

44

 

Limited

Branch

Novi, MI

United States

Retail (Apparel)

8.2

44

 

Limited

Branch

Braintree, MA

United States

Retail (Apparel)

7.4

40

 

Limited

Branch

Short Hills, NJ

United States

Retail (Apparel)

7.4

40

 

Limited

Branch

Costa Mesa, CA

United States

Retail (Apparel)

7.4

40

 

Limited

Branch

N Little Rock, AR

United States

Retail (Apparel)

6.7

36

 

Limited

Branch

Raleigh, NC

United States

Retail (Apparel)

6.7

36

 

Limited

Branch

Overland Park, KS

United States

Retail (Apparel)

6.5

35

 

Limited

Branch

Taunton, MA

United States

Retail (Apparel)

6.5

35

 

Limited

Branch

Chicago, IL

United States

Retail (Apparel)

6.5

35

 

Limited

Branch

Edison, NJ

United States

Retail (Apparel)

6.3

34

 

Limited

Branch

Cincinnati, OH

United States

Retail (Apparel)

6.1

33

 

Limited

Branch

Capitola, CA

United States

Retail (Apparel)

6.1

33

 

Limited

Branch

St Louis, MO

United States

Retail (Apparel)

6.0

32

 

Limited

Branch

Omaha, NE

United States

Retail (Apparel)

6.0

32

 

Limited

Branch

Cleveland, OH

United States

Retail (Apparel)

5.6

30

 

Limited

Branch

Lone Tree, CO

United States

Retail (Apparel)

5.6

30

 

Limited

Branch

Pembroke Pines, FL

United States

Retail (Apparel)

5.6

30

 

Limited

Branch

Norman, OK

United States

Retail (Apparel)

5.6

30

 

Limited

Branch

Portage, MI

United States

Retail (Apparel)

5.6

30

 

Limited

Branch

Burnsville, MN

United States

Retail (Apparel)

5.6

30

 

Limited

Branch

Scottsdale, AZ

United States

Retail (Apparel)

5.6

30

 

Limited

Branch

Troy, MI

United States

Retail (Apparel)

5.6

30

 

Limited

Branch

Little Rock, AR

United States

Retail (Apparel)

5.6

30

 

Limited

Branch

White Plains, NY

United States

Retail (Apparel)

5.6

30

 

Limited

Branch

Aurora, IL

United States

Retail (Apparel)

5.6

30

 

Limited

Branch

Arlington, VA

United States

Retail (Apparel)

5.6

30

 

Limited

Branch

Metairie, LA

United States

Retail (Apparel)

5.6

30

 

Limited

Branch

Skokie, IL

United States

Retail (Apparel)

5.6

30

 

Limited

Branch

New York, NY

United States

Retail (Apparel)

5.6

30

 

Limited

Branch

Norridge, IL

United States

Retail (Apparel)

5.4

29

 

Limited

Branch

Newark, DE

United States

Retail (Apparel)

5.2

28

 

Limited

Branch

Orlando, FL

United States

Retail (Apparel)

5.2

28

 

Limited

Branch

Laredo, TX

United States

Retail (Apparel)

5.0

27

 

Limited

Branch

Pittsburgh, PA

United States

Retail (Apparel)

4.7

25

 

Limited

Branch

Tigard, OR

United States

Retail (Apparel)

4.7

25

 

Limited

Branch

Baton Rouge, LA

United States

Retail (Apparel)

4.7

25

 

Limited

Branch

Willow Grove, PA

United States

Retail (Apparel)

4.7

25

 

Limited

Branch

Charlotte, NC

United States

Retail (Apparel)

4.7

25

 

Limited

Branch

Roseville, MN

United States

Retail (Apparel)

4.7

25

 

Limited

Branch

Chesterfield, MO

United States

Retail (Apparel)

4.7

25

 

Limited

Branch

El Paso, TX

United States

Retail (Apparel)

4.7

25

 

Limited

Branch

Deptford, NJ

United States

Retail (Apparel)

4.7

25

 

Limited

Branch

St Cloud, MN

United States

Retail (Apparel)

4.5

24

 

Limited

Branch

Columbia, MD

United States

Retail (Apparel)

4.5

24

 

Limited

Branch

Scranton, PA

United States

Retail (Apparel)

4.3

23

 

Limited

Branch

West Des Moines, IA

United States

Retail (Apparel)

4.3

23

 

Limited

Branch

Orland Park, IL

United States

Retail (Apparel)

4.3

23

 

Limited

Branch

Rochester, NY

United States

Retail (Apparel)

4.1

22

 

Limited

Branch

Minnetonka, MN

United States

Retail (Apparel)

4.1

22

 

Limited

Branch

Vernon Hills, IL

United States

Retail (Apparel)

4.1

22

 

Limited

Branch

Racine, WI

United States

Retail (Apparel)

4.1

22

 

Limited

Branch

Indianapolis, IN

United States

Retail (Apparel)

4.1

22

 

Limited

Branch

Cincinnati, OH

United States

Retail (Apparel)

4.1

22

 

Bruegger's Enterprises Inc

Subsidiary

Burlington, VT

United States

Restaurants

30.0

900

 

Acquisition by Le Duff proposed/announced.See corporate structure news on Sun Capital Partners, Inc. for details

Bruegger's Enterprises Inc

Branch

Burlington, VT

United States

Food Processing

5.6

900

 

Bruegger's Bagel Bakery

Branch

Raleigh, NC

United States

Restaurants

1.7

30

 

Bachrach Clothing Inc

Affiliates

New York, NY

United States

Retail (Apparel)

 

900

 

Hickory Farms Inc

Subsidiary

Maumee, OH

United States

Retail (Grocery)

190.0

850

 

Hickory Farms

Branch

Lynchburg, VA

United States

Retail (Grocery)

3.5

30

 

Kraco Enterprises LLC

Subsidiary

Compton, CA

United States

Auto and Truck Parts

98.0

800

 

Creekstone Farms Premium Beef, LLC

Subsidiary

Arkansas City, KS

United States

Food Processing

 

800

 

Rowe Fine Furniture, Inc.

Subsidiary

Elliston, VA

United States

Furniture and Fixtures

50.0

650

 

Clayton Marcus

Branch

Hickory, NC

United States

Furniture and Fixtures

20.8

100

 

Clayton Marcus

Branch

Hickory, NC

United States

Furniture and Fixtures

20.8

100

 

Pemco World Air Services

Subsidiary

Dothan, AL

United States

Airlines

106.8

600

 

Alabama Aircraft Indrudtries , Inc.

Subsidiary

Birmingham, AL

United States

Engineering Consultants

 

1,494

 

Global Aerospace Technology

Subsidiary

Chatsworth, CA

United States

Aerospace and Defense

9.9

30

 

LOUD Technologies, Inc.

Subsidiary

Woodinville, WA

United States

Communications Equipment

208.3

533

 

Eastern Acoustic Works Inc

Subsidiary

Whitinsville, MA

United States

Audio and Video Equipment

106.6

200

 

St Louis Music

Subsidiary

St Louis, MO

United States

Recreational Products

40.0

75

 

SIA Software Co., Inc.

Subsidiary

Whitinsville, MA

United States

Software and Programming

 

4

 

Wabash Technologies, Inc.

Subsidiary

Huntington, IN

United States

Electronic Instruments and Controls

 

500

 

Wabash Technologies s.r.o.

Subsidiary

Krakovany

Slovakia

Electronic Instruments and Controls

 

 

 

Wabash Technologies de Mexico

Subsidiary

Mexicali

Mexico

Electronic Instruments and Controls

 

 

 

Gordmans Stores, Inc.

Subsidiary

Omaha, NE

United States

Retail (Specialty)

523.3

400

 

Gordmans Distribution

Branch

Omaha, NE

United States

Retail (Department and Discount)

48.6

300

 

Gordmans

Branch

Coralville, IA

United States

Retail (Department and Discount)

25.6

158

 

Gordmans

Branch

Cedar Rapids, IA

United States

Retail (Department and Discount)

16.2

100

 

Gordmans

Branch

O Fallon, MO

United States

Retail (Department and Discount)

16.2

100

 

Gordmans

Branch

Springfield, MO

United States

Retail (Department and Discount)

14.6

90

 

Gordmans

Branch

Omaha, NE

United States

Retail (Department and Discount)

13.8

85

 

Gordmans

Branch

Mankato, MN

United States

Retail (Department and Discount)

13.0

80

 

Gordmans

Branch

Springfield, IL

United States

Retail (Department and Discount)

13.0

80

 

Gordmans Inc

Branch

Lincoln, NE

United States

Retail (Department and Discount)

12.8

79

 

Gordmans

Branch

Shawnee Mission, KS

United States

Retail (Department and Discount)

12.2

75

 

Gordmans

Branch

Normal, IL

United States

Retail (Department and Discount)

12.2

75

 

Gordmans

Branch

Bellevue, NE

United States

Retail (Department and Discount)

11.8

73

 

Gordmans

Branch

Independence, MO

United States

Retail (Department and Discount)

11.7

72

 

Gordmans

Branch

Topeka, KS

United States

Retail (Apparel)

13.0

70

 

Gordmans

Branch

Omaha, NE

United States

Retail (Department and Discount)

11.3

70

 

Gordmans

Branch

West Des Moines, IA

United States

Retail (Department and Discount)

11.3

70

 

Gordmans

Branch

Ellisville, MO

United States

Retail (Apparel)

12.1

65

 

Gordmans

Branch

Grand Island, NE

United States

Retail (Department and Discount)

10.5

65

 

Gordmans

Branch

Wausau, WI

United States

Retail (Department and Discount)

10.5

65

 

Gordmans

Branch

Evansville, IN

United States

Retail (Department and Discount)

10.5

65

 

Gordmans

Branch

Council Bluffs, IA

United States

Retail (Department and Discount)

10.5

65

 

Gordmans

Branch

Cordova, TN

United States

Retail (Department and Discount)

10.5

65

 

Gordmans

Branch

Lafayette, IN

United States

Retail (Department and Discount)

10.5

65

 

Gordmans

Branch

Rogers, AR

United States

Retail (Department and Discount)

10.5

65

 

Gordmans

Branch

Fort Wayne, IN

United States

Retail (Department and Discount)

10.5

65

 

Gordmans

Branch

O Fallon, MO

United States

Retail (Department and Discount)

10.5

65

 

Gordmans

Branch

Little Rock, AR

United States

Retail (Department and Discount)

10.5

65

 

Gordmans

Branch

Lees Summit, MO

United States

Retail (Department and Discount)

10.5

65

 

Gordmans

Branch

St Paul, MN

United States

Retail (Department and Discount)

10.5

65

 

Gordmans

Branch

Sioux Falls, SD

United States

Retail (Department and Discount)

10.0

62

 

Gordmans

Branch

Tulsa, OK

United States

Retail (Apparel)

11.2

60

 

Gordmans

Branch

St Charles, MO

United States

Retail (Apparel)

11.2

60

 

Gordmans

Branch

Moline, IL

United States

Retail (Department and Discount)

9.7

60

 

Gordmans

Branch

Madison, WI

United States

Retail (Department and Discount)

8.9

55

 

Gordmans

Branch

Fargo, ND

United States

Retail (Department and Discount)

8.9

55

 

Gordmans

Branch

Grand Forks, ND

United States

Retail (Department and Discount)

8.7

54

 

Gordmans

Branch

Fenton, MO

United States

Retail (Department and Discount)

8.1

50

 

Gordmans

Branch

Appleton, WI

United States

Retail (Department and Discount)

8.1

50

 

Gordmans

Branch

Appleton, WI

United States

Retail (Department and Discount)

8.1

50

 

Gordmans

Branch

Kansas City, MO

United States

Retail (Department and Discount)

8.1

50

 

Gordmans

Branch

Fairview Heights, IL

United States

Retail (Department and Discount)

8.1

50

 

Gordmans

Branch

Wichita, KS

United States

Retail (Department and Discount)

8.1

50

 

Gordmans

Branch

Tulsa, OK

United States

Retail (Department and Discount)

8.1

50

 

Gordmans

Branch

Kansas City, MO

United States

Retail (Department and Discount)

8.1

50

 

Gordmans

Branch

Rockford, IL

United States

Retail (Department and Discount)

8.1

50

 

Gordmans

Branch

Papillion, NE

United States

Retail (Department and Discount)

8.1

50

 

Gordmans

Branch

Rapid City, SD

United States

Retail (Department and Discount)

8.1

50

 

Gordmans

Branch

Waterloo, IA

United States

Retail (Department and Discount)

7.9

49

 

Gordmans

Branch

Westminster, CO

United States

Retail (Department and Discount)

7.8

48

 

Gordmans

Branch

Sioux City, IA

United States

Retail (Department and Discount)

7.5

46

 

Gordmans

Branch

Colorado Springs, CO

United States

Retail (Department and Discount)

7.3

45

 

Gordmans

Branch

Champaign, IL

United States

Retail (Department and Discount)

7.3

45

 

Gordmans

Branch

Lakewood, CO

United States

Retail (Department and Discount)

7.1

44

 

Gordmans

Branch

Des Moines, IA

United States

Retail (Department and Discount)

6.5

40

 

Gordmans

Branch

Fremont, NE

United States

Retail (Department and Discount)

6.5

40

 

Gordmans

Branch

Des Moines, IA

United States

Retail (Department and Discount)

6.5

40

 

Gordmans

Branch

Oklahoma City, OK

United States

Retail (Department and Discount)

6.5

40

 

Gordmans

Branch

Peoria, IL

United States

Retail (Department and Discount)

6.5

40

 

Gordmans

Branch

Southaven, MS

United States

Retail (Department and Discount)

6.5

40

 

Gordmans

Branch

Memphis, TN

United States

Retail (Department and Discount)

6.5

40

 

Gordmans

Branch

Machesney Park, IL

United States

Retail (Department and Discount)

6.0

37

 

Gordmans

Branch

Oklahoma City, OK

United States

Retail (Department and Discount)

5.7

35

 

Gordmans

Branch

Wichita, KS

United States

Retail (Department and Discount)

5.7

35

 

Gordmans

Branch

Aurora, CO

United States

Retail (Department and Discount)

5.7

35

 

Gordmans

Branch

Thornton, CO

United States

Retail (Department and Discount)

5.7

35

 

Gordmans

Branch

Lexington, KY

United States

Retail (Department and Discount)

5.7

35

 

Gordmans

Branch

Sappington, MO

United States

Retail (Department and Discount)

4.9

30

 

Gordmans

Branch

Davenport, IA

United States

Retail (Department and Discount)

4.9

30

 

Gordmans

Branch

Moore, OK

United States

Retail (Department and Discount)

4.9

30

 

Sapa Canada Inc

Affiliates

Port Coquitlam , BC

Canada

Miscellaneous Fabricated Products

94.7

350

 

Indalex Aluminum Solutions

Subsidiary

Port Coquitlam, BC

Canada

Miscellaneous Fabricated Products

67.0

250

 

Indalex Ltd.

Subsidiary

 

 

 

 

 

 

Indalex Uk Ltd.

Subsidiary

Surrey

United Kingdom

Commercial Banks

 

 

 

Friendly Ice Cream Corp

Subsidiary

Wilbraham, MA

United States

Food Processing

531.5

300

 

Friendly's Ice Cream Shop

Branch

New Milford, CT

United States

Restaurants

4.4

110

 

Friendly's Ice Cream Shop

Branch

Tannersville, PA

United States

Restaurants

4.4

110

 

Shopko

Branch

Worthington, MN

United States

Retail (Department and Discount)

16.2

100

 

Friendly's Ice Cream Shop

Branch

Milford, CT

United States

Restaurants

4.0

100

 

Friendly's Ice Cream Shop

Branch

Phillipsburg, NJ

United States

Restaurants

4.0

100

 

Friendly's Ice Cream Shop

Branch

Hicksville, NY

United States

Restaurants

4.0

100

 

Friendlys

Branch

Plattsburgh, NY

United States

Restaurants

4.0

100

 

Friendly's Ice Cream Distributor

Branch

York, PA

United States

Miscellaneous Capital Goods

2.8

70

 

InteliCoat Technologies

Subsidiary

South Hadley, MA

United States

Chemical Manufacturing

450.0

300

 

Frontier Spinning Mills, Inc.

Subsidiary

Sanford, NC

United States

Textiles - Non Apparel

53.7

300

 

Frontier Spinning Mills Inc

Subsidiary

Mayodan, NC

United States

Textiles - Non Apparel

67.8

300

 

Frontier Spinning Mills Inc

Subsidiary

Mayodan, NC

United States

Textiles - Non Apparel

56.5

250

 

Frontier Spinning Mills Inc

Branch

Wetumpka, AL

United States

Personal and Household Products

107.7

150

 

Sunrise Growers Frozsun Foods Inc.

Subsidiary

Placentia, CA

United States

Food Processing

19.4

300

 

POP Displays USA

Subsidiary

Yonkers, NY

United States

Advertising

15.0

300

 

Contessa Premium Foods Inc

Subsidiary

San Pedro, CA

United States

Food Processing

201.8

250

 

Farfield Company

Subsidiary

Lititz, PA

United States

Miscellaneous Fabricated Products

40.0

250

 

Farfield Co

Branch

Lititz, PA

United States

Construction Services

6.6

40

 

Kellwood Co

Subsidiary

Chesterfield, MO

United States

Apparel and Accessories

1,961.8

200

 

XOXO

Branch

La Puente, CA

United States

Apparel and Accessories

179.8

200

 

Smart Shirts Limited

Subsidiary

Hong Kong

Hong Kong

Apparel and Accessories

1.0

200

 

Hanna Andersson Corporation

Subsidiary

Portland, OR

United States

Retail (Catalog and Mail Order)

 

150

 

Hanna Andersson

Branch

Portland, OR

United States

Retail (Apparel)

40.0

145

 

Hanna Andersson

Branch

Louisville, KY

United States

Miscellaneous Capital Goods

132.2

140

 

Sag Harbor

Subsidiary

New York, NY

United States

Apparel and Accessories

42.2

120

 

Koret of California, Inc.

Subsidiary

Oakland, CA

United States

Retail (Apparel)

15.0

99

 

Kellwood Co

Branch

New York, NY

United States

Apparel and Accessories

62.5

80

 

Rebecca Taylor

Subsidiary

New York, NY

United States

Retail (Apparel)

 

80

 

Recently acquired (previously owned by Rebecca Taylor).See corporate structure news on Sun Capital Partners, Inc. for details

Rebecca Taylor Showroom

Branch

New York, NY

United States

Retail (Apparel)

10.1

65

 

Smart Shirt Apparel

Branch

New York, NY

United States

Retail (Apparel)

11.2

60

 

Royal Robbins Inc

Subsidiary

Modesto, CA

United States

Apparel and Accessories

39.1

50

 

Vince Inc

Branch

Los Angeles, CA

United States

Apparel and Accessories

41.4

46

 

Phat Fashions LLC

Branch

New York, NY

United States

Apparel and Accessories

23.4

30

 

ADAM

Subsidiary

New York, NY

United States

Retail (Apparel)

 

22

 

Marsh Supermarkets Inc

Subsidiary

Indianapolis, IN

United States

Retail (Grocery)

1,744.4

200

 

Marsh Supermarket

Branch

Indianapolis, IN

United States

Retail (Grocery)

74.1

300

 

Marsh Supermarket

Branch

Carmel, IN

United States

Retail (Grocery)

74.1

300

 

Marsh Supermarket

Branch

Mooresville, IN

United States

Retail (Grocery)

61.8

250

 

Marsh Supermarket

Branch

Indianapolis, IN

United States

Retail (Grocery)

56.8

230

 

Marsh Supermarket

Branch

Indianapolis, IN

United States

Retail (Grocery)

49.4

200

 

Marsh Supermarket

Branch

Noblesville, IN

United States

Retail (Grocery)

49.4

200

 

Marsh Supermarket

Branch

Zionsville, IN

United States

Retail (Grocery)

49.4

200

 

Marsh Supermarket

Branch

Lafayette, IN

United States

Retail (Grocery)

49.4

200

 

Marsh Supermarket

Branch

Indianapolis, IN

United States

Retail (Grocery)

47.4

192

 

Marsh Supermarket

Branch

Indianapolis, IN

United States

Retail (Grocery)

44.5

180

 

Marsh Supermarket

Branch

Indianapolis, IN

United States

Retail (Grocery)

37.1

150

 

Marsh Supermarket

Branch

Fishers, IN

United States

Retail (Grocery)

37.1

150

 

Marsh Supermarket

Branch

Franklin, OH

United States

Retail (Grocery)

37.1

150

 

Marsh Supermarket

Branch

Lawrence, IN

United States

Retail (Grocery)

36.6

148

 

Marsh Supermarket

Branch

West Lafayette, IN

United States

Retail (Grocery)

34.6

140

 

Marsh Supermarket Distributor Center

Branch

Indianapolis, IN

United States

Food Processing

142.1

125

 

Marsh Supermarket

Branch

Indianapolis, IN

United States

Retail (Grocery)

30.9

125

 

Marsh Supermarket

Branch

Indianapolis, IN

United States

Retail (Grocery)

30.9

125

 

Marsh Supermarket

Branch

Lafayette, IN

United States

Retail (Grocery)

30.9

125

 

Marsh Supermarket

Branch

Indianapolis, IN

United States

Retail (Grocery)

28.7

116

 

Marsh Supermarket

Branch

Indianapolis, IN

United States

Retail (Grocery)

27.9

113

 

Marsh Supermarket

Branch

Columbus, IN

United States

Retail (Grocery)

27.2

110

 

Butterfield Foods LLC

Branch

Noblesville, IN

United States

Food Processing

113.7

100

 

Marsh Supermarket

Branch

Indianapolis, IN

United States

Retail (Grocery)

24.7

100

 

Marsh Supermarket

Branch

Marion, IN

United States

Retail (Grocery)

24.7

100

 

Marsh Supermarket

Branch

Frankfort, IN

United States

Retail (Grocery)

24.7

100

 

Marsh Supermarket

Branch

Beech Grove, IN

United States

Retail (Grocery)

24.7

100

 

Marsh Supermarket

Branch

Indianapolis, IN

United States

Retail (Grocery)

24.7

100

 

Marsh Supermarket

Branch

Indianapolis, IN

United States

Retail (Grocery)

24.7

100

 

Marsh Supermarket

Branch

Middletown, OH

United States

Retail (Grocery)

24.7

100

 

Marsh Supermarket

Branch

Elwood, IN

United States

Retail (Grocery)

24.7

100

 

Marsh Supermarket Pharmacy

Branch

Muncie, IN

United States

Retail (Drugs)

18.3

100

 

Marsh Transportation

Branch

Indianapolis, IN

United States

Trucking

15.1

100

 

Marsh Supermarket

Branch

Warsaw, IN

United States

Retail (Grocery)

22.2

90

 

Marsh Supermarket

Branch

Connersville, IN

United States

Retail (Grocery)

21.7

88

 

Marsh Supermarket

Branch

Indianapolis, IN

United States

Retail (Grocery)

19.8

80

 

Marsh Supermarket

Branch

Logansport, IN

United States

Retail (Grocery)

19.8

80

 

Marsh Supermarket

Branch

Eaton, OH

United States

Retail (Grocery)

19.8

80

 

Marsh Supermarket

Branch

Indianapolis, IN

United States

Retail (Grocery)

18.5

75

 

Marsh Supermarket

Branch

Connersville, IN

United States

Retail (Grocery)

18.5

75

 

Marsh Supermarket

Branch

Richmond, IN

United States

Retail (Grocery)

18.5

75

 

Marsh Supermarket

Branch

Troy, OH

United States

Retail (Grocery)

18.5

75

 

Marsh Supermarket

Branch

Anderson, IN

United States

Retail (Drugs)

13.7

75

 

Marsh Supermarket

Branch

Hamilton, OH

United States

Retail (Grocery)

17.3

70

 

Marsh Supermarket

Branch

New Castle, IN

United States

Retail (Grocery)

17.3

70

 

O'Malia Food Market

Branch

Indianapolis, IN

United States

Retail (Grocery)

17.3

70

 

Marsh Supermarket

Branch

Indianapolis, IN

United States

Retail (Grocery)

17.3

70

 

Marsh Supermarket

Branch

Hamilton, OH

United States

Retail (Grocery)

17.3

70

 

Marsh Supermarket

Branch

Van Wert, OH

United States

Retail (Grocery)

16.1

65

 

Marsh Supermarket

Branch

Indianapolis, IN

United States

Retail (Grocery)

14.8

60

 

Marsh Supermarket

Branch

Cincinnati, OH

United States

Retail (Grocery)

14.8

60

 

Marsh Supermarket

Branch

Cincinnati, OH

United States

Retail (Grocery)

14.8

60

 

Marsh Supermarket

Branch

Martinsville, IN

United States

Retail (Grocery)

13.6

55

 

Marsh Supermarket

Branch

Greensburg, IN

United States

Retail (Grocery)

12.4

50

 

Marsh Supermarkets Inc

Branch

Yorktown, IN

United States

Retail (Grocery)

10.4

42

 

Marsh Supermarket

Branch

Greensburg, IN

United States

Retail (Grocery)

9.1

37

 

Marsh Supermarket

Branch

Anderson, IN

United States

Retail (Grocery)

6.2

25

 

Village Pantry, Inc.

Subsidiary

Wilmington, NC

United States

Retail (Grocery)

 

25

 

Village Pantry

Branch

Pacific Plsds, CA

United States

Retail (Grocery)

11.2

50

 

Village Pantry

Branch

Muncie, IN

United States

Retail (Grocery)

5.6

25

 

Village Pantry

Branch

Eureka, CA

United States

Retail (Grocery)

5.4

24

 

Village Pantry

Branch

Anderson, IN

United States

Retail (Grocery)

4.5

20

 

Village Pantry

Branch

Fairmount, IN

United States

Retail (Grocery)

4.5

20

 

McNamara Florist

Subsidiary

Fishers, IN

United States

Retail (Specialty)

 

20

 

Mc Namara Florist & Garden Center

Branch

Fort Wayne, IN

United States

Retail (Specialty)

5.3

60

 

Berkline LLC

Subsidiary

Morristown, TN

United States

Furniture and Fixtures

30.0

200

 

Berkline Inc

Subsidiary

Anjou, QC

Canada

Furniture and Fixtures

32.3

120

 

Perfect Timing Inc

Subsidiary

Waukesha, WI

United States

Retail (Specialty)

 

200

 

Exopack

Affiliates

Battle Creek, MI

United States

Paper and Paper Products

61.7

180

 

Gerber Childrenswear LLC

Subsidiary

Greenville, SC

United States

Retail (Apparel)

 

180

 

Tarami Kk

Subsidiary

Nagasaki-shi, Nagasaki

Japan

Food Processing

 

170

 

Horsehead Corp

Subsidiary

Palmerton, PA

United States

Waste Management Services

86.3

165

 

Edwin Watts Golf Shops, LLC

Subsidiary

Fort Walton Bch, FL

United States

Retail (Specialty)

 

160

 

Edwin Watts Golf

Branch

Round Rock, TX

United States

Retail (Specialty)

74.1

501

 

Exopack Advanced Coatings

Subsidiary

Matthews, NC

United States

Fabricated Plastic and Rubber

70.2

150

 

Lexington Home Brands

Subsidiary

Thomasville, NC

United States

Furniture and Fixtures

249.5

130

 

Pending acquisition of Sligh Furniture Operating Co.See corporate structure news on Sun Capital Partners, Inc. for details

Linwood Inc

Branch

Lexington, NC

United States

Furniture and Fixtures

62.4

300

 

Lexington Furniture

Branch

Lexington, KY

United States

Retail (Specialty)

6.1

20

 

L. Powell Company

Subsidiary

Culver City, CA

United States

Furniture and Fixtures

10.0

105

 

Boston Market Corporation

Subsidiary

Lakewood, CO

United States

Restaurants

875.0

100

 

Virginia Oil Co

Subsidiary

Charlottesville, VA

United States

Oil and Gas Operations

22.9

100

 

Recently acquired (previously owned by Virginia Oil Co).See corporate structure news on Sun Capital Partners, Inc. for details

Limited

Branch

New York, NY

United States

Retail (Apparel)

16.7

90

 

Restaurants Unlimited Inc

Subsidiary

Seattle, WA

United States

Restaurants

90.0

75

 

Henry's 12th Street Tavern

Branch

Portland, OR

United States

Restaurants

6.4

160

 

Palisade Waterfront Restaurant

Branch

Seattle, WA

United States

Restaurants

8.4

150

 

Simon & Seafort's

Branch

Anchorage, AK

United States

Restaurants

6.0

150

 

Newport Seafood Grill

Branch

Portland, OR

United States

Restaurants

6.0

150

 

Skates On The Bay

Branch

Berkeley, CA

United States

Restaurants

5.8

146

 

Palomino

Branch

Indianapolis, IN

United States

Restaurants

5.6

140

 

Kincaid's Fish Chop & Steak

Branch

Bloomington, MN

United States

Restaurants

5.0

125

 

Ryan's Grill

Branch

Honolulu, HI

United States

Restaurants

4.8

120

 

Stanford's Restaurant & Bar

Branch

Portland, OR

United States

Restaurants

4.8

120

 

Palomino

Branch

San Francisco, CA

United States

Restaurants

4.4

110

 

Horatio's

Branch

San Leandro, CA

United States

Restaurants

4.4

110

 

Stanford's Restaurant & Bar

Branch

Portland, OR

United States

Restaurants

4.0

100

 

Kincaid's Fish Chop & Steak

Branch

Redondo Beach, CA

United States

Restaurants

4.0

100

 

Scott's Bar & Grill

Branch

Edmonds, WA

United States

Restaurants

4.0

100

 

Clinkerdagger Restaurant

Branch

Spokane, WA

United States

Restaurants

4.0

100

 

Manzana Rotisserie Grill

Branch

Lake Oswego, OR

United States

Restaurants

4.0

100

 

Stanford's Restaurant & Bar

Branch

Clackamas, OR

United States

Restaurants

4.0

100

 

Kincaid's Bayhouse

Branch

Oakland, CA

United States

Restaurants

4.0

100

 

Palomino

Branch

Dallas, TX

United States

Restaurants

4.0

100

 

Cutters Bayhouse

Branch

Seattle, WA

United States

Restaurants

4.5

80

 

Fazoli's Management Inc

Subsidiary

Lexington, KY

United States

Restaurants

203.3

70

 

DPI, Inc.

Subsidiary

Toledo, OH

United States

Construction - Supplies and Fixtures

 

62

 

DPI Inc

Branch

Alpena, MI

United States

Containers and Packaging

78.9

300

 

Life Uniform Holding Corp.

Subsidiary

St Louis, MO

United States

Retail (Apparel)

54.8

60

 

Uniform City Corporation

Subsidiary

St Louis, MO

United States

Personal Services

2.7

20

 

True Textiles, Inc.

Subsidiary

Grand Rapids, MI

United States

Textiles - Non Apparel

10.6

60

 

True Textiles Inc

Branch

Elkin, NC

United States

Textiles - Non Apparel

88.5

500

 

True Textiles Inc

Branch

Guilford, ME

United States

Textiles - Non Apparel

44.3

250

 

Souper Salad Inc

Subsidiary

San Antonio, TX

United States

Restaurants

70.0

57

 

Vitro America LLC

Subsidiary

Memphis, TN

United States

Personal and Household Products

2,272.0

50

 

Recently acquired (previously owned by Vitro S.A.).See corporate structure news on Sun Capital Partners, Inc. for details

GlassCraft Door Co

Subsidiary

Houston, TX

United States

Personal and Household Products

25.8

100

 

Vitro America Inc

Branch

Las Vegas, NV

United States

Retail (Home Improvement)

20.1

100

 

Vitro America Inc

Branch

Greensboro, NC

United States

Retail (Home Improvement)

19.9

99

 

Binswanger Glass Co

Subsidiary

Memphis, TN

United States

Business Services

175.0

90

 

Binswanger Glass Co

Branch

Chattanooga, TN

United States

Retail (Home Improvement)

12.1

60

 

Binswanger Glass Co

Branch

Charlotte, NC

United States

Retail (Home Improvement)

10.1

50

 

Binswanger Glass Co

Branch

Cleveland, TN

United States

Retail (Home Improvement)

10.1

50

 

Binswanger Glass Co

Branch

Memphis, TN

United States

Retail (Home Improvement)

7.0

35

 

Binswanger Glass Co

Branch

Greenville, SC

United States

Retail (Home Improvement)

6.0

30

 

Binswanger Glass Co

Branch

Raleigh, NC

United States

Retail (Home Improvement)

6.0

30

 

Binswanger Glass Co

Branch

Dallas, GA

United States

Retail (Home Improvement)

6.0

30

 

Binswanger Glass Co

Branch

Longmont, CO

United States

Retail (Home Improvement)

5.4

27

 

Binswanger Glass Co

Branch

Charlotte, NC

United States

Retail (Home Improvement)

20.5

25

 

Binswanger Glass Co

Branch

Houston, TX

United States

Retail (Home Improvement)

5.0

25

 

Binswanger Glass Co

Branch

Marietta, GA

United States

Retail (Home Improvement)

5.0

25

 

Binswanger Glass Co

Branch

Dalton, GA

United States

Retail (Home Improvement)

5.0

25

 

Binswanger Glass Co

Branch

Fort Worth, TX

United States

Retail (Home Improvement)

4.2

21

 

Binswanger Glass Co

Branch

Myrtle Beach, SC

United States

Retail (Home Improvement)

4.2

21

 

Binswanger Glass Co

Branch

Austin, TX

United States

Retail (Home Improvement)

4.0

20

 

Binswanger Glass Co

Branch

Monroe, NC

United States

Retail (Home Improvement)

4.0

20

 

Binswanger Glass Co

Branch

Columbia, SC

United States

Retail (Home Improvement)

4.0

20

 

Binswanger Glass Co

Branch

Lincoln, NE

United States

Retail (Home Improvement)

4.0

20

 

Binswanger Glass Co

Branch

Lilburn, GA

United States

Retail (Home Improvement)

4.0

20

 

Binswanger Glass Co

Branch

Greensboro, NC

United States

Retail (Home Improvement)

4.0

20

 

Vitro America Inc

Branch

Farmers Branch, TX

United States

Construction - Supplies and Fixtures

32.4

90

 

Vitro America Inc

Branch

City Of Industry, CA

United States

Advertising

18.1

80

 

Super Sky Products Inc

Subsidiary

Mequon, WI

United States

Personal and Household Products

21.7

75

 

Vitro America Inc

Branch

Houston, TX

United States

Business Services

4.6

40

 

Vitro America Inc

Branch

Tulsa, OK

United States

Construction - Supplies and Fixtures

10.1

28

 

Vitro America Inc

Branch

Oklahoma City, OK

United States

Construction - Supplies and Fixtures

9.0

25

 

Consoltex Inc

Subsidiary

Anjou, QC

Canada

Textiles - Non Apparel

435.1

20

 

Sun European Partners LLP

Affiliates

London

United Kingdom

Business Services

 

20

 

Manoir Industries

Subsidiary

Paris

France

Iron and Steel

 

1,321

 

Manoir Industries SAS

Subsidiary

Paris

France

Iron and Steel

458.9

2,700

 

Manoir Industries Japan

Branch

Tokyo

Japan

Aerospace and Defense

1.0

 

 

Forges De Bologne

Subsidiary

Bologne

France

Miscellaneous Fabricated Products

150.1

749

 

Outreau Technologies

Subsidiary

Paris

France

Iron and Steel

37.1

374

 

Hewden Stuart Ltd.

Subsidiary

Manchester

United Kingdom

Rental and Leasing

187.6

1,257

 

Hewden Plant Hire Ltd.

Subsidiary

Glasgow

United Kingdom

Rental and Leasing

 

80

 

Hewden Crane Hire Ltd.

Subsidiary

Ashford

United Kingdom

Rental and Leasing

 

35

 

Hewden Power Ltd.

Subsidiary

Glasgow

United Kingdom

Rental and Leasing

 

17

 

Hewden Properties Ltd.

Subsidiary

Edinburgh

United Kingdom

Real Estate Operations

2.7

 

 

Agent Plant Group Ltd.

Subsidiary

Birmingham

United Kingdom

Nonclassifiable Industries

 

 

 

Seymour Plant Hire Ltd.

Subsidiary

London

United Kingdom

Nonclassifiable Industries

 

 

 

Hewden Tower Cranes Ltd.

Subsidiary

Manchester

United Kingdom

Rental and Leasing

 

 

 

A Gunn Ltd.

Subsidiary

Birmingham

United Kingdom

Nonclassifiable Industries

 

 

 

A. Share & Sons Ltd.

Subsidiary

Coventry

United Kingdom

Retail (Specialty)

304.7

1,123

 

Veriplast Packaging France

Subsidiary

Soustons

France

Fabricated Plastic and Rubber

112.6

271

 

Veriplast Germany GmbH

Subsidiary

Ravensburg

Germany

Containers and Packaging

39.5

150

 

Veriplast Balkan JSC

Subsidiary

Sofia

Bulgaria

Business Services

 

100

 

Veriplast Spain Sociedad Anonima

Subsidiary

Sopelana, Vizcaya

Spain

Containers and Packaging

13.1

70

 

Veripack S.L.

Subsidiary

BarberΓ‘ del VallΓ©s

Spain

Fabricated Plastic and Rubber

75.0

 

 

Walbro Engine Management

Subsidiary

Tucson, AZ

United States

Auto and Truck Parts

 

20

 

Walbro Thailand

Subsidiary

Chonburi

Thailand

Business Services

 

300

 

Tucson Precision Products

Branch

Tucson, AZ

United States

Miscellaneous Capital Goods

136.8

120

 

Walbro Italy SRL

Subsidiary

Bologna, Bologna

Italy

Electronic Instruments and Controls

0.9

5

 

Walbro Japan

Subsidiary

Tokyo

Japan

Business Services

 

 

 

Walbro Germany

Subsidiary

Nordkirchen

Germany

Business Services

 

 

 

Kellwood Western Region

Subsidiary

City Of Industry, CA

United States

Apparel and Accessories

 

20

 

Vari-Form

Subsidiary

Troy, MI

United States

Auto and Truck Parts

 

12

 

ThermaSys Corporation

Subsidiary

Montgomery, AL

United States

Miscellaneous Fabricated Products

 

9

 

Thermalex Inc

Branch

Montgomery, AL

United States

Miscellaneous Fabricated Products

32.3

255

 

ThermaSys Heat Exchangers

Subsidiary

Montgomery, AL

United States

Miscellaneous Capital Goods

204.6

250

 

Therma Sys Heat Exchangers

Branch

Montgomery, AL

United States

Auto and Truck Parts

93.5

250

 

Thermasys Corporation/ Thermasys Tubing Products Corporation

Subsidiary

Montgomery, AL

United States

Miscellaneous Fabricated Products

 

200

 

Thermal Transfer Products

Subsidiary

Racine, WI

United States

Miscellaneous Capital Goods

34.5

125

 

Pace American Corp

Subsidiary

Middlebury, IN

United States

Auto and Truck Manufacturers

 

7

 

Pace American Georgia

Branch

Fitzgerald, GA

United States

Auto and Truck Manufacturers

85.0

200

 

Pace American Utah

Branch

Hurricane, UT

United States

Mobile Homes and RVs

36.6

150

 

Pace American Oregon

Branch

Lebanon, OR

United States

Retail (Grocery)

8.3

37

 

Emerald Performance Materials LLC

Subsidiary

Cuyahoga Falls, OH

United States

Chemical Manufacturing

 

5

 

Emerald Hilton Davis, LLC

Branch

Cincinnati, OH

United States

Chemical Manufacturing

175.2

175

 

Wolstenholme Group Ltd.

Subsidiary

Leeds

United Kingdom

Business Services

 

 

 

Wolstenholme Newco Ltd.

Subsidiary

Leeds

United Kingdom

Business Services

0.0

 

 

Wolstenholme Rink Ltd.

Subsidiary

Darwen

United Kingdom

Business Services

 

 

 

Wolstenholme International Ltd.

Subsidiary

Leeds

United Kingdom

Business Services

 

 

 

Wolstenholme Tolling Ltd.

Subsidiary

Leeds

United Kingdom

Business Services

2.0

 

 

Emerald Performance Materials

Branch

Akron, OH

United States

Chemical Manufacturing

96.1

175

 

Emerald Carolina Chemical LLC

Branch

Charlotte, NC

United States

Chemical Manufacturing

29.1

53

 

Emerald Kalama Chemical LLC

Branch

Kalama, WA

United States

Chemical Manufacturing

10.4

19

 

Arch Aluminum & Glass Co Inc

Subsidiary

Tamarac, FL

United States

Construction Services

40.0

 

 

Arch Aluminum & Glass Co

Branch

Villa Rica, GA

United States

Miscellaneous Fabricated Products

71.3

150

 

Arch Aluminum & Glass Co Inc

Branch

City Of Industry, CA

United States

Personal and Household Products

37.1

150

 

Arch Amarlite Architectural

Branch

Indianapolis, IN

United States

Construction - Supplies and Fixtures

45.0

125

 

Arch Aluminum & Glass

Branch

Orlando, FL

United States

Miscellaneous Fabricated Products

30.5

120

 

Arch Aluminum & Glass

Branch

Phoenix, AZ

United States

Construction Services

53.3

101

 

Arch Aluminum & Glass

Branch

Jackson, MS

United States

Miscellaneous Capital Goods

114.0

100

 

Arch Aluminum & Glass Co Inc

Branch

Cuyahoga Falls, OH

United States

Construction - Supplies and Fixtures

36.0

100

 

Arch Aluminum & Glass Inc

Branch

Fort Worth, TX

United States

Construction - Supplies and Fixtures

36.0

100

 

Arch Aluminum & Glass

Branch

Tulsa, OK

United States

Construction - Supplies and Fixtures

12.0

100

 

Arch Aluminum & Glass

Branch

New Berlin, WI

United States

Construction - Supplies and Fixtures

32.4

90

 

Arch Aluminum & Glass

Branch

Salt Lake City, UT

United States

Construction - Supplies and Fixtures

28.8

80

 

Arch Deco Glass

Branch

Columbus, OH

United States

Construction - Supplies and Fixtures

19.9

75

 

Arch Alluminum & Glass

Branch

Aurora, CO

United States

Construction - Supplies and Fixtures

19.6

50

 

Arch Aluminum & Glass Co Inc

Branch

Bettendorf, IA

United States

Construction - Supplies and Fixtures

13.3

50

 

Arch Aluminum & Glass Co

Branch

Bridgeport, NJ

United States

Miscellaneous Fabricated Products

14.3

30

 

Sun European Partners S.A.S.

Subsidiary

Paris

France

Miscellaneous Financial Services

 

 

 

Bar Louie Development Inc

Subsidiary

Glenview, IL

United States

Restaurants

 

 

 

Bar Louie Ann Arbor

Branch

Ann Arbor, MI

United States

Restaurants

6.0

90

 

Bar Louie Restaurants

Branch

Newport, KY

United States

Restaurants

4.4

65

 

Bar Louie Water Street

Branch

Milwaukee, WI

United States

Restaurants

2.0

30

 

Bar Louie Denver

Branch

Denver, CO

United States

Restaurants

2.0

30

 

Protective Products of America Inc

Subsidiary

Sunrise, FL

United States

Miscellaneous Capital Goods

 

 

 

Protective Products Intl

Subsidiary

Sunrise, FL

United States

Scientific and Technical Instruments

 

20

 

Protective Products Of Nc LLC

Subsidiary

Granite Falls, NC

United States

Retail (Specialty)

 

 

 

Manoir Industries Sa

Affiliates

Carlisle

United Kingdom

 

 

 

 

Hi-Tech Fabrication Ltd

Subsidiary

Derby, GBR

United Kingdom

Miscellaneous Fabricated Products

11.6

60

 

Smokey Bones Barbeque & Grill

Subsidiary

Orlando, FL

United States

Restaurants

 

 

 

Smokey Bones BBQ & Grill

Branch

Fort Lauderdale, FL

United States

Restaurants

5.6

140

 

Smokey Bones BBQ & Grill

Branch

Kissimmee, FL

United States

Restaurants

5.4

136

 

Smokey Bones BBQ & Grill

Branch

Peachtree City, GA

United States

Restaurants

4.8

120

 

Smokey Bones BBQ & Grill

Branch

Pittsburgh, PA

United States

Restaurants

4.8

120

 

Smokey Bones BBQ & Grill

Branch

Wellington, FL

United States

Restaurants

4.8

120

 

Smokey Bones BBQ & Grill

Branch

Greensboro, NC

United States

Restaurants

4.8

120

 

Smokey Bones BBQ & Grill

Branch

Maumee, OH

United States

Restaurants

4.2

105

 

Smokey Bones BBQ & Grill

Branch

Casselberry, FL

United States

Restaurants

4.2

104

 

Smokey Bones BBQ & Grill

Branch

Orlando, FL

United States

Restaurants

4.0

100

 

Smokey Bones BBQ & Grill

Branch

Mentor, OH

United States

Restaurants

4.0

100

 

Smokey Bones BBQ & Grill

Branch

Columbus, OH

United States

Restaurants

4.0

100

 

Smokey Bones BBQ & Grill

Branch

Grove City, OH

United States

Restaurants

4.0

100

 

Smokey Bones BBQ & Grill

Branch

Springfield, IL

United States

Restaurants

4.0

100

 

Smokey Bones BBQ & Grill

Branch

Warwick, RI

United States

Restaurants

4.0

100

 

American Standard Brands

Subsidiary

Piscataway, NJ

United States

Miscellaneous Capital Goods

 

 

 

American Standard Brands

Branch

Salem, OH

United States

Construction - Supplies and Fixtures

156.6

450

 

Crane Plumbing

Branch

Mansfield, OH

United States

Construction - Supplies and Fixtures

29.8

140

 

Sun Capital Partners Sourcing, LLC

Subsidiary

Shanghai

China

Miscellaneous Financial Services

 

 

 

Sun European Partners GmbH

Subsidiary

Frankfrut am Main

Germany

Miscellaneous Financial Services

 

 

 

 

 

 

 

Executives Report

 

 

Executives

 

Name

Title

Function

Jack Hagen

View Email

Finance Executive

Finance Executive

Christopher Wrobel

View Email

Pr Contact

Public Relations Executive

Susie Kirby

 

IT Executive

Engineering/Technical Executive

Brian Rose

View Email

Engineering/Technical

Engineering/Technical Executive

Paul Cartier

View Email

Manufacturing Executive

Manufacturing Executive

Bill Castleberry

View Email

Sourcing Director

Other

Ed Gotch

View Email

Business Director

Other



Emerald Kalama Chemical

                                                                                                                                                                                          

Adhesives & Sealants Industry
01 August 2011
                                                                                                                                                              

 

[What follows is the full text of the article.]

EMERALD KALAMA CHEMICAL, a division of Emerald Performance Materials, recently announced it has completed a 25% capacity expansion for its K-FLEX[R] production unit at its Kalama, WA, facility. K-FLEX plasticizers and coalescents are used in adhesives, PVC compounds, coatings and other latex polymer applications. Visit www.emeraldmaterials.com for more information.

 

 

Wessel succeeds Edward T. Gotch, who had been serving as president of both the Emerald Kalama Chemical and Emerald Polymer Additives businesses

 

 

Adhesives & Sealants Industry
01 August 2011

 

 

[What follows is the full text of the article.]

Wessel succeeds EDWARD T. GOTCH, who had been serving as president of both the Emerald Kalama Chemical and Emerald Polymer Additives businesses. Gotch will continue as president of Emerald Kalama Chemical, focusing on the continued growth of that enterprise and the recently acquired DSM Special Products business in the Netherlands.

 

 

Denison named president of newly formed Emerald Kalama Chemical, BV

                                                                                                                                                                                          

Coatings World
01 April 2011
                                                                                                                                                                  

 

[What follows is the full text of the article.]

Emerald Performance Materials, LLC has named Brian A. Denison as president of Emerald Kalama Chemical, BV. The company was formed in December 2010 when Emerald acquired the business and assets of DSM Special Products, BV (DSP), a European-based manufacturer of benzoic acid, sodium benzoate, benzaldehyde and benzyl alcohol with manufacturing in Rotterdam and administrative offices in Geleen, Netherlands. European registration of the new company with the EU was completed in early March 2011. The Emerald Kalama Chemical business unit is now comprised of its European and U.S. operating companies--Emerald Kalama Chemical, BV and Emerald Kalama Chemical, LLC. In addition to his role as president of Emerald Kalama Chemical, BV, Denison will continue as vice president of operations and health, safety and environmental for Emerald Performance Materials.

 

 Bottom of Form

 

Standard & Poor’s

United States of America Long-Term Rating Lowered To 'AA+' Due To Political Risks, Rising Debt Burden; Outlook Negative

Publication date: 05-Aug-2011 20:13:14 EST


 

·        We have lowered our long-term sovereign credit rating on the United States of America to 'AA+' from 'AAA' and affirmed the 'A-1+' short-term rating.

·         We have also removed both the short- and long-term ratings from CreditWatch negative.

·         The downgrade reflects our opinion that the fiscal consolidation plan that Congress and the Administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government's medium-term debt dynamics.

·         More broadly, the downgrade reflects our view that the effectiveness, stability, and predictability of American policymaking and political institutions have weakened at a time of ongoing fiscal and economic challenges to a degree more than we envisioned when we assigned a negative outlook to the rating on April 18, 2011.

·         Since then, we have changed our view of the difficulties in bridging the gulf between the political parties over fiscal policy, which makes us pessimistic about the capacity of Congress and the Administration to be able to leverage their agreement this week into a broader fiscal consolidation plan that stabilizes the government's debt dynamics any time soon.

·         The outlook on the long-term rating is negative. We could lower the long-term rating to 'AA' within the next two years if we see that less reduction in spending than agreed to, higher interest rates, or new fiscal pressures during the period result in a higher general government debt trajectory than we currently assume in our base case.

 

TORONTO (Standard & Poor's) Aug. 5, 2011--Standard & Poor's Ratings Services said today that it lowered its long-term sovereign credit rating on the United States of America to 'AA+' from 'AAA'. Standard & Poor's also said that the outlook on the long-term rating is negative. At the same time, Standard & Poor's affirmed its 'A-1+' short-term rating on the U.S. In addition, Standard & Poor's removed both ratings from CreditWatch, where they were placed on July 14, 2011, with negative implications.

 

The transfer and convertibility (T&C) assessment of the U.S.--our assessment of the likelihood of official interference in the ability of U.S.-based public- and private-sector issuers to secure foreign exchange for

debt service--remains 'AAA'.

 

We lowered our long-term rating on the U.S. because we believe that the prolonged controversy over raising the statutory debt ceiling and the related fiscal policy debate indicate that further near-term progress containing the growth in public spending, especially on entitlements, or on reaching an agreement on raising revenues is less likely than we previously assumed and will remain a contentious and fitful process. We also believe that the fiscal consolidation plan that Congress and the Administration agreed to this week falls short of the amount that we believe is necessary to stabilize the general government debt burden by the middle of the decade.

 

Our lowering of the rating was prompted by our view on the rising public debt burden and our perception of greater policymaking uncertainty, consistent with our criteria (see "Sovereign Government Rating Methodology and Assumptions ," June 30, 2011, especially Paragraphs 36-41). Nevertheless, we view the U.S. federal government's other economic, external, and monetary credit attributes, which form the basis for the sovereign rating, as broadly unchanged.

 

We have taken the ratings off CreditWatch because the Aug. 2 passage of the Budget Control Act Amendment of 2011 has removed any perceived immediate threat of payment default posed by delays to raising the government's debt ceiling. In addition, we believe that the act provides sufficient clarity to allow us to evaluate the likely course of U.S. fiscal policy for the next few years.

 

The political brinksmanship of recent months highlights what we see as America's governance and policymaking becoming less stable, less effective, and less predictable than what we previously believed. The statutory debt ceiling and the threat of default have become political bargaining chips in the debate over fiscal policy. Despite this year's wide-ranging debate, in our view, the differences between political parties have proven to be extraordinarily difficult to bridge, and, as we see it, the resulting agreement fell well short of the comprehensive fiscal consolidation program that some proponents had envisaged until quite recently. Republicans and Democrats have only been able to agree to relatively modest savings on discretionary spending while delegating to the Select Committee decisions on more comprehensive measures. It appears that for now, new revenues have dropped down on the menu of policy options. In addition, the plan envisions only minor policy changes on Medicare and little change in other entitlements,

the containment of which we and most other independent observers regard as key to long-term fiscal sustainability.

 

Our opinion is that elected officials remain wary of tackling the structural issues required to effectively address the rising U.S. public debt burden in a manner consistent with a 'AAA' rating and with 'AAA' rated sovereign peers (see Sovereign Government Rating Methodology and Assumptions," June 30, 2011, especially Paragraphs 36-41). In our view, the difficulty in framing a consensus on fiscal policy weakens the government's ability to manage public finances and diverts attention from the debate over how to achieve more balanced and dynamic economic growth in an era of fiscal stringency and private-sector deleveraging (ibid). A new political consensus might (or might not) emerge after the 2012 elections, but we believe that by then, the government debt burden will likely be higher, the needed medium-term fiscal adjustment potentially greater, and the inflection point on the U.S. population's demographics and other age-related spending drivers closer at hand (see "Global Aging 2011: In The U.S., Going Gray Will Likely Cost Even More Green, Now," June 21, 2011).

 

Standard & Poor's takes no position on the mix of spending and revenue measures that Congress and the Administration might conclude is appropriate for putting the U.S.'s finances on a sustainable footing.

 

The act calls for as much as $2.4 trillion of reductions in expenditure growth over the 10 years through 2021. These cuts will be implemented in two steps: the $917 billion agreed to initially, followed by an additional $1.5 trillion that the newly formed Congressional Joint Select Committee on Deficit Reduction is supposed to recommend by November 2011. The act contains no measures to raise taxes or otherwise enhance revenues, though the committee could recommend them.

 

The act further provides that if Congress does not enact the committee's recommendations, cuts of $1.2 trillion will be implemented over the same time period. The reductions would mainly affect outlays for civilian discretionary spending, defense, and Medicare. We understand that this fall-back mechanism is designed to encourage Congress to embrace a more balanced mix of expenditure savings, as the committee might recommend.

 

We note that in a letter to Congress on Aug. 1, 2011, the Congressional Budget Office (CBO) estimated total budgetary savings under the act to be at least $2.1 trillion over the next 10 years relative to its baseline assumptions. In updating our own fiscal projections, with certain modifications outlined below, we have relied on the CBO's latest "Alternate Fiscal Scenario" of June 2011, updated to include the CBO assumptions contained in its Aug. 1 letter to Congress. In general, the CBO's "Alternate Fiscal Scenario" assumes a continuation of recent Congressional action overriding existing law.

 

We view the act's measures as a step toward fiscal consolidation. However, this is within the framework of a legislative mechanism that leaves open the details of what is finally agreed to until the end of 2011, and Congress and the Administration could modify any agreement in the future. Even assuming that at least $2.1 trillion of the spending reductions the act envisages are implemented, we maintain our view that the U.S. net general government debt burden (all levels of government combined, excluding liquid financial assets) will likely continue to grow. Under our revised base case fiscal scenario--which we consider to be consistent with a 'AA+' long-term rating and a negative outlook--we now project that net general government debt would rise from an estimated 74% of GDP by the end of 2011 to 79% in 2015 and 85% by 2021. Even the projected 2015 ratio of sovereign indebtedness is high in relation to those of peer credits and, as noted, would continue to rise under the act's revised policy settings.

 

Compared with previous projections, our revised base case scenario now assumes that the 2001 and 2003 tax cuts, due to expire by the end of 2012, remain in place. We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues, a position we believe Congress reinforced by passing the act. Key macroeconomic assumptions in the base case scenario include trend real GDP growth of 3% and consumer price inflation near 2% annually over the decade.

 

Our revised upside scenario--which, other things being equal, we view as consistent with the outlook on the 'AA+' long-term rating being revised to stable--retains these same macroeconomic assumptions. In addition, it incorporates $950 billion of new revenues on the assumption that the 2001 and 2003 tax cuts for high earners lapse from 2013 onwards, as the Administration is advocating. In this scenario, we project that the net general government debt would rise from an estimated 74% of GDP by the end of 2011 to 77% in 2015 and to 78% by 2021.

 

Our revised downside scenario--which, other things being equal, we view as being consistent with a possible further downgrade to a 'AA' long-term rating--features less-favorable macroeconomic assumptions, as outlined below and also assumes that the second round of spending cuts (at least $1.2 trillion) that the act calls for does not occur. This scenario also assumes somewhat higher nominal interest rates for U.S. Treasuries. We still believe that the role of the U.S. dollar as the key reserve currency confers a government funding advantage, one that could change only slowly over time, and that Fed policy might lean toward continued loose monetary policy at a time of fiscal tightening. Nonetheless, it is possible that interest rates could rise if investors re-price relative risks. As a result, our alternate scenario factors in a 50 basis point (bp)-75 bp rise in 10-year bond yields relative to the base and upside cases from 2013 onwards. In this scenario, we project the net public debt burden would rise from 74% of GDP in 2011 to 90% in 2015 and to 101% by 2021.

 

Our revised scenarios also take into account the significant negative revisions to historical GDP data that the Bureau of Economic Analysis announced on July 29. From our perspective, the effect of these revisions underscores two related points when evaluating the likely debt trajectory of the U.S. government. First, the revisions show that the recent recession was deeper than previously assumed, so the GDP this year is lower than previously thought in both nominal and real terms. Consequently, the debt burden is slightly higher. Second, the revised data highlight the sub-par path of the current economic recovery when compared with rebounds following previous post-war recessions. We believe the sluggish pace of the current economic recovery could be consistent with the experiences of countries that have had financial crises in which the slow process of debt deleveraging in the private sector leads to a persistent drag on demand. As a result, our downside case scenario assumes relatively modest real trend GDP growth of 2.5% and inflation of near 1.5% annually going forward.

 

When comparing the U.S. to sovereigns with 'AAA' long-term ratings that we view as relevant peers--Canada, France, Germany, and the U.K.--we also observe, based on our base case scenarios for each, that the trajectory of the U.S.'s net public debt is diverging from the others. Including the U.S., we estimate that these five sovereigns will have net general government debt to GDP ratios this year ranging from 34% (Canada) to 80% (the U.K.), with the U.S. debt burden at 74%. By 2015, we project that their net public debt to GDP ratios will range between 30% (lowest, Canada) and 83% (highest, France), with the U.S. debt burden at 79%. However, in contrast with the U.S., we project that the net public debt burdens of these other sovereigns will begin to decline, either before or by 2015.

 

Standard & Poor's transfer T&C assessment of the U.S. remains 'AAA'. Our T&C assessment reflects our view of the likelihood of the sovereign restricting other public and private issuers' access to foreign exchange needed to meet debt service. Although in our view the credit standing of the U.S. government has deteriorated modestly, we see little indication that official interference of this kind is entering onto the policy agenda of either Congress or the Administration. Consequently, we continue to view this risk as being highly remote.

 

The outlook on the long-term rating is negative. As our downside alternate fiscal scenario illustrates, a higher public debt trajectory than we currently assume could lead us to lower the long-term rating again. On the other hand, as our upside scenario highlights, if the recommendations of the Congressional Joint Select Committee on Deficit Reduction--independently or coupled with other initiatives, such as the lapsing of the 2001 and 2003 tax cuts for high earners--lead to fiscal consolidation measures beyond the minimum mandated, and we believe they are likely to slow the deterioration of the government's debt dynamics, the long-term rating could stabilize at 'AA+'.

 

On Monday, we will issue separate releases concerning affected ratings in the funds, government-related entities, financial institutions, insurance, public finance, and structured finance sectors.

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.52.28

UK Pound

1

Rs.81.55

Euro

1

Rs.69.60

 

 

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.