MIRA
INFORM REPORT
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Report Date : |
12.11.2011 |
IDENTIFICATION DETAILS
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Name : |
CHARLES KOMAR & SONS INC |
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Registered Office : |
400 W Chickasaw Ave Mcalester, OK 74501-5237 |
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Country : |
United States |
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Year of Establishment : |
1908 |
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Legal Form : |
Private Branch |
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Line of Business : |
Manufacture of underwear |
RATING & COMMENTS
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MIRA’s Rating : |
Ba |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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Maximum Credit Limit : |
$25,000 (USD) |
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Status : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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
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Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
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United States |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
Company name and anddress
Charles Komar & Sons Inc
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Business
Description
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Establishments primarily engaged in manufacturing women's, misses',
children's, and infants' underwear and nightwear from purchased woven or knit
fabrics. |
Industry
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Industry |
Apparel and Accessories |
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ANZSIC 2006: |
1351 - Clothing Manufacturing |
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NACE 2002: |
1823 - Manufacture of underwear |
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NAICS 2002: |
315231 - Women's and Girls' Cut and Sew
Lingerie, Loungewear, and Nightwear Manufacturing |
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UK SIC 2003: |
18232 - Manufacture of women's underwear |
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US SIC 1987: |
2341 - Women's, Misses', Children's, and
Infants' Underwear and Nightwear |
Key Executives (Emails Available)
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News
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1 - Profit & Loss
Item Exchange Rate: USD 1 = USD 1
2 - Balance Sheet Item Exchange Rate: USD 1 = USD 1
Corporate Overview
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Corporate Structure News
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Charles Komar
& Sons Inc |
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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Parent |
New York, NY |
United States |
Apparel and Accessories |
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100 |
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Branch |
Mcalester, OK |
United States |
Apparel and Accessories |
63.1 |
190 |
Executives Report
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MPower discusses area
work ethic
McAlester News-Capital (OK): 29 August 2011
[What follows is the full text of the news story.]
Aug. 29--MCALESTER
-- The work ethic.
Not so long ago,
the McAlester area and Southeastern Oklahoma's sturdy work ethic had been one
of the major draws in attracting new business and industry to the area.
Now, not so much,
according to MPower Executive Director Shari Cooper and the heads of several
businesses and companies who attended MPower's special Thursday night meeting
at the Holiday Inn Express.
Cooper has stated
how the owners of some businesses and industries in McAlester have complained
about how difficult it is to find employees with a good work ethic: Work hard,
be dependable, don't constantly miss work.
For some, those
kinds of employees are getting harder and harder to find, according to several
of those who attended the meeting.
Tony Korp,
industrial coordinator at the Kiamichi Technology Center, indicated there could
be several reasons for the situation at some locations.
"One thing I
always look at is turnover," he said. If there is a high turnover among
employees at a business or industry, it could be an indication something's
wrong, he said.
"I try to
find out why people are leaving," said Korp.
Korp said he and
Kent Towne, also of KTC, recently visited another educational facility, which
makes the work ethic part of a student's grade.
"When they
get a grade, it's a separate line item," said Korp. Students can see if
they scored "a 75 or a 100" on their work ethic, he said.
KTC is considering
such a system, according to Korp.
Korp's job at KTC
includes working with businesses and industries in the area to help train the
work force they need.
"Our students
are our product and industry is our customer," Korp said.
KTC can help teach
students how a positive work ethic should be a high priority for them, he said.
Korp also said
"School can be an area where students can show "Are you serious about
showing up for work every day?"
As Korp concluded what
he had to say, MPower Board member Tom Bledsoe of Charles Komar & Sons had
a comment about the points Korp had made.
"He's
serious," said Bledsoe.
"I don't know
if they don't know or they don't care," said Korp.
Jeff Soviar,
general manager of the Holiday Inn Express, attended the meeting and offered
some input.
"I've been
here three months from Oklahoma City," he said. "The big thing I've
noticed is the work force."
Holiday Inn
Express Director of Sales Ben Capers also offered some comments.
"We're in the
hospitality business," he noted. "Customer service is a skill that
can be taught."
Referring to
teaching a work ethic, Cooper suggested starting before students are preparing
to enter the work force.
While not
specifically about the work ethic at this point, there was a suggestion that it
might be worked into the program.
Although no
specific plans were finalized for a career day or classroom activities
regarding a work ethic, the discussion ended on an open note.
MPower Executive
Director Cooper said it will take a lot of cooperation and a lot of people to
push such projects forward.
"It takes a
village, as you've heard," she said, referring to the African proverb
about raising a child.
Contact James
Beaty at jbeaty@mcalesternews.com.
(c)2011 the McAlester
News-Capital (McAlester, Okla.)
Visit the
McAlester News-Capital (McAlester, Okla.) at mcalesternews.com
Distributed by MCT
Information Services
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.50.28 |
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1 |
Rs.80.08 |
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Euro |
1 |
Rs.68.44 |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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 |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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-- |
NB |
New Business |
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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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.