MIRA
INFORM REPORT
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Report Date : |
18.11.2011 |
IDENTIFICATION DETAILS
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Name : |
ALLTECH INC |
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Registered Office : |
3031 Catnip Hill Rd Nicholasville, KY 40356-9765 |
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Country : |
United States |
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Year of Establishment : |
1980 |
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Legal Form : |
Private Parent |
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Line of Business : |
Manufacture of pharmaceuticals, medicinal chemicals and botanical products |
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 : |
$50,000 (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 address
Alltech Inc
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Business
Description
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This major group includes establishments (e.g., farms, orchards,
greenhouses, nurseries) primarily engaged in the production of crops, plants,
vines, and trees (excluding forestry operations). This major group also
includes establishments primarily engaged in the operation of sod farms, and
cranberry bogs; in the production of mushrooms, bulbs, flower seeds, and
vegetable seeds; and in the growing of hydroponic crops. |
Industry
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Industry |
Biotechnology and Drugs |
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ANZSIC 2006: |
184 - Pharmaceutical and Medicinal Product
Manufacturing |
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NACE 2002: |
244 - Manufacture of pharmaceuticals,
medicinal chemicals and botanical products |
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NAICS 2002: |
32541 - Pharmaceutical and Medicine
Manufacturing |
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UK SIC 2003: |
244 - Manufacture of pharmaceuticals,
medicinal chemicals and botanical products |
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US SIC 1987: |
2833 - Medicinal Chemicals and Botanical
Products |
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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Alltech Inc |
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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Parent |
Nicholasville, KY |
United States |
Biotechnology and Drugs |
33.0 |
1,700 |
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Subsidiary |
Guelph, ON |
Canada |
Crops |
12.7 |
20 |
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Branch |
Thomasville, GA |
United States |
Biotechnology and Drugs |
10.4 |
20 |
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Subsidiary |
Bien Hoa City |
Viet Nam |
Crops |
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Executives Report
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Haitian Coffee Seeks to
Regain Global Stature
Haiti's Minister of the Interior Launches First International Coffee Summit to
Identify Best Practices in the Development and Promotion of Haitian Coffee
PR Newswire US: 17 November 2011
[What follows is the full text of the news story.]
PORT-AU-PRINCE,
Haiti, Nov. 17, 2011 /PRNewswire/ --Haiti was once a major global supplier of
coffee and now, the Government of Haiti and its partners are determined to help
the industry regain the luster of years past.�The outlook is
positive.�According to a recently-published article in The Miami Herald,
beans from the Gwo Chwal region once sold for US$.30 a pound.�Now, Japanese
roasters are buying these quality beans for US$5.50.�In addition, Cafe COCANO
farmers from Port-de-Paix are expecting to double the exports of their
organically-grown coffee, already selling on the Internet and in Italian
espresso shops.
In order to take
advantage of this renewed enthusiasm for Haitian coffee, Haiti recently hosted
its first International Coffee Summit, organized by the Clinton Foundation. The
event aimed to support local growers and discuss ways to promote and expand the
Haitian coffee industry abroad.�
During the
Summit's opening speech, Haiti's Minister of the Interior, Thierry Mayard-Paul
emphasized coffee's�ties to the country's history and culture. Minister
Mayard-Paul further reaffirmed agriculture's strategic importance in President
Martelly's plan to invigorate the economy: "Coffee is one of the many
areas where we are looking for partnerships, joint ventures and other
collaborations, and we are ready to do everything we can to help facilitate
this important engagement."�The Minister also addressed how, as part of
a larger agricultural plan, Haitian coffee could play a significant role not
only in economic development, but also in promoting decentralization and job
creation in rural areas.
"An expansion
of this industry could mean more jobs and better living conditions in areas
with minimum community development," added Minister Mayard-Paul.
Also in attendance
were representatives from Haiti's National Coffee Association, Haitian
cooperatives, growers associations, and companies as well as�international
stakeholders who provided expertise and collaboration to gain access to new
markets and promote Haitian coffee globally.
"Having this
kind of event is crucial, since we hope this is the beginning of putting things
into action," said Dr. Jorge Arias, Global Aqua Director for Alltech, a
leading animal�health company based in Kentucky�which is also a major buyer
of Haitian coffee. "We need to produce more coffee in Haiti but we have
to�reassure producers that their coffee will continue to sell internationally.
Our role as investors is important. We, along with financers, growers and
producers, all have a very important role to play."
According to Fritz
Francois, president of COOPCAB, a co-op in Thiotte, which currently works with
more than 5,000 coffee farmers in southeastern Haiti, renewed coffee fields can
also contribute to reforestation and a reduction in the impact of natural
disasters, such as landslides. "It is almost impossible to find anyone
today in Thiotte cutting down a tree to make charcoal. Today, because coffee
means money, farmers are motivated.�They are leaving the trees because to
cultivate coffee, you need shade."
Minister
Mayard-Paul, whose Ministry carries out President Martelly's vision to drive
sustainable development through local initiatives and decentralized
cooperation, was pleased with the Summit's attendance and encouraged by both
national and international interest. "The government is committed to
facilitating investment, we have a population that is ready to work hard, and a
wide variety of opportunities," he stated.
SOURCE Ministry of
the Interior of Haiti
Horse group says
games huge economic benefit
Associated Press: 17 November 2011
[What follows is the full text of the news story.]
LEXINGTON, Ky. --
The global sanctioning body for horse sports says the 2010 Alltech FEI World
Equestrian Games brought considerably more money into the Lexington-area
economy than had been estimated.
A study
commissioned by the Federation Equestre Internationale found there was a
financial impact of between $373 million and $396 million.
The FEI said a
study by Deloitte showed a direct economic impact of $233 million.
The Lexington
Herald-Leader reported the FEI didn't respond to questions about the difference
and declined to release the full study (http://bit.ly/uxIzcf).
The body said more
than 507,000 people attended the games with more than 40,000 spectators on four
days of the event.
___
Information from:
Lexington Herald-Leader, http://www.kentucky.com
Study Findings
from T. Ao et al Broaden Understanding of Poultry Science
Poultry Science
Health & Medicine Week: 16 November 2011
[What follows is the full text of the news story.]
A report,
"Effects of feeding different concentration and forms of zinc on the
performance and tissue mineral status of broiler chicks," is newly
published data in British Poultry Science. "1. Two studies were conducted
to investigate the effect of feeding different concentration and forms of zinc
(Zn) on the performance and tibia Zn status of broiler chicks. 2," scientists
in Lexington, Kentucky report (see also Poultry Science).
"In
Experiment 1, chicks fed on the control or the diet supplemented with 12?mg of
Zn as sulphate had lower feed intake, weight gain and tibia Zn content than
other treatment groups. Chicks given 12 and 24 mg of organic Zn in starter and
grower phases, respectively, had the same performance and tibia Zn content as
those fed 40 mg of Zn as sulphate and the same performance but higher tibia Zn
content than those given 12 mg of Zn as organic over the 42 d. 3. In Experiment
2, chicks given 24 mg organic Zn had greater weight gain than chicks fed on the
other treatment diets in the starter period. Chicks fed on the control diet had
lower tibia Zn content than chicks fed other treatment diets. Chicks given 80
mg Zn as sulphate had higher tibia Zn content than chicks fed the other
treatment diets except those given 40 mg of Zn as sulphate. 4," wrote T.
Ao and colleagues.
The researchers
concluded: "The results from these trials indicate that feeding lower
concentration of Zn as organic form may better promote the growth performance
of broiler chicks."
Ao and colleagues
published their study in British Poultry Science (Effects of feeding different concentration
and forms of zinc on the performance and tissue mineral status of broiler
chicks. British Poultry Science, 2011;52(4):466-71).
For more
information, contact T. Ao, Alltech-University of Kentucky Nutrition Research
Alliance, Lexington, KY, United States.
Kentucky Gained
Manufacturing Jobs Over Past Year
Associated Press: 14 November 2011
[What follows is the full text of the news story.]
1/8STK 3/8
1/8IN 3/8 FIN PUB
MAC MCT
1/8SU 3/8 SVY ECO
TO BUSINESS, AND
STATE EDITORS:
Kentucky Gained Manufacturing
Jobs Over Past Year
EVANSTON, Ill.,
Nov. 14, 2011 /PRNewswire/ -- Industrial employment in
Kentucky was
little changed over the past year with the state posting
a slight gain,
according to the 2012 Kentucky Manufacturers Register@,
an industrial
directory published annually by Manufacturers' News,
Inc. (MNI)
Evanston, IL. MNI reports Kentucky gained 722 manufacturing
jobs over the past
year or less than one percent, from September 2010
to September 2011.
Manufacturers'
News reports Kentucky is now home to 5,304
manufacturers
employing 275,448 workers.
"The recovery
is gaining momentum in Kentucky and across the U.S.,"
says Tom Dubin,
President of the Evanston, IL-based publishing
company, which has
been surveying industry since 1912. "The state's
low business costs
and solid infrastructure have been a draw for a
variety of
enterprises."
Bright spots for
the state included the opening of a Tiffany & Co.
manufacturing
plant in Lexington; Hitachi's plans to open a facility
in Berea; the
expansion of Ventra Plastics in Logan County; auto
supplier Cooper
Standard's plans to expand its Mt. Sterling location;
the opening of
Florida Tile's headquarters in Lexington; the
establishment of a
Bloomfield Farms gluten-free food manufacturing
plant in Bloomfield;
the opening of Alltech's algae fuel production
site in
Winchester; and the expansion of Hahn Automation in Boone
County.
MNI reports
transportation equipment manufacturing remains Kentucky's
largest industrial
sector by employment with 37,887 jobs, up 2.8% over
the year. Food
products manufacturing ranks second and accounts for
32,715 jobs, up a
half percent. Third-ranked industrial machinery and
equipment
represents 29,819 of the state's jobs, down 2% over the past
twelve months.
Other industrial
sectors that gained jobs included chemicals, up 2.4%;
rubber/plastics,
up 2.2%; paper products, up 1.6%; and primary metals,
up 1%. Losses were
seen in electronics, down 3.6%;
printing/publishing,
down 3.2%; textiles/apparel down 2.7%;
furniture/fixtures,
down 2.4%; lumber/wood down 2.3%; and
stone/clay/glass,
down 1.2%.
Industrial
locations closing over the year included Overhead Door
Corp.'s plant in
Covington; Fortis Plastics' facility in Henderson;
and Trauth
Dairy'sNewport plant.
According to the
industrial directory, Northeast Kentucky accounts for
the largest share
of the state's industrial employment with 152,467
manufacturing
jobs, virtually unchanged from a year ago. Southeast
Kentucky ranks
second at 44,387 manufacturing jobs, up 1% over the
year. Southwest
Kentucky is home to 44,047 industrial jobs, up 1.4%,
while the
Northwest is home to 34,547 jobs, with no significant change
reported.
According to MNI,
Louisville remains Kentucky's top city for
manufacturing employment,
with 50,592 jobs, up 1% over the year.
Lexington ranks
second with 20,441 jobs, down 1.5%. Bowling Green saw
jobs increase
6.8%, with the third-ranked city now home to 10,156
industrial jobs.
Industrial employment in Georgetown remained steady
over the year with
the fourth-ranked city accounting for 9,578 jobs,
while Florence is
home to 9,312, up 1% over the past twelve months.
Detailed profiles
of Kentucky's 5,304 manufacturers and 735 industrial
distributors can
be found in the 2012 Kentucky Manufacturers
Register@,
available in print for $110 and on CD-ROM from $166. Each
profile provides
up to 30 facts, including vital contact information
(phone, web,
e-mail), 21,198 executives by name and title, product(s)
manufactured,
annual sales, number of employees, and more. Visitors to
mnileads.com may
generate custom profiles of manufacturers using
thirteen different
criteria, including area or zip code, county, SIC,
sales volume,
number of employees, and more.
Manufacturers'
News, Inc., publisher of manufacturers' directories
since 1912,
compiles and produces manufacturing guides, statistics and
databases for all
50 states. MNI also maintains IndustryNet.com, an
industrial search
engine designed specifically for locating
manufacturers and
suppliers nationwide. For more information, contact
Manufacturers'
News, Inc., 1633 Central St., Evanston, IL, 60201,
847-864-7000, FAX
847-332-1100.
SOURCE
Manufacturers' News, Inc.
-0- 11/14/2011
/CONTACT: Jennifer
Ratcliff of Manufacturers' News, Inc., +1-847-864-9440, ext. 241,
jratcliff@manufacturersnews.com
/Web Site:
http://www.manufacturersnews.com / CO: Manufacturers' News, Inc.
ST: Kentucky
IN: FIN PUB MAC
MCT
SU: SVY ECO
PRN
-- CG05109 --
0000
11/14/201110:15:00 EDThttp://www.prnewswire.com
Dyson books her
place at the 2012 nationals
Grimsby Evening Telegraph (UK): 10 November 2011
[What follows is the full text of the news story.]
HEALING dressage
rider Lara Dyson has qualified for a national competition after her horse,
Cyden Perplex, returned to fitness in style. Dyson and her ten-year-old
Westphalian gelding Cyden Perplex triumphed in the advanced medium restricted
section of a Petplan Equine Area Festival competition at Fry's, Driffield.
The 27-year-old
rider topped the section on 65 per cent and qualified for the national finals
that take place next April.
She said:
"This was Plex's first competition back since being off with ulcers so it
was a nice way to restart and push on again.
"He tries his
heart out for me and felt so easy to ride in the arena.
"I think he
loves the competition environments - he always feels better the more I compete
with him."
Dyson won a
national restricted title earlier this year but could only put her horse
through light training for a few months afterwards because of the ulcers.
"We had been
struggling with his changes but if he had a sore tummy with ulcers, it's not
surprising he didn't want to spring through from behind," she said.
"But now he
is fully fit, we are heading for a few weeks' training to get them perfected,
so we can bring him out at the next level.
"I think the
next 12 months are going to be very exciting for us."
Dyson, a sales
manager for new homes company Cyden Homes, is grateful for those who assist her
work on the yard.
She also thanked
her sponsors - Cyden Homes, Freedom Dressage, Alltech and Lifeforce - and the
Adam Gibson Trust, which awarded her a bursary to support her training costs.
Dyson has recently launched her own coaching company - Inspiring Minds
Equestrian Coaching - alongside business partner David Collins, to assist
riders who suffer from nerves.
"I suffered
with nerves at competitions but benefited greatly from David's advice and
support," she added. "I took a coaching qualification so I can help
others."
Oklahoma teen's
win closes out Alltech National Horse Show
Lexington Herald-Leader (KY): 07 November 2011
[What follows is the full text of the news story.]
Nov. 07--Sarah
Milliren of Sapula, Okla., finished the Alltech National Horse Show on Sunday
with a commanding win in the ASPCA Maclay Championship, ending a week of
competition that organizers say is sure to return to the Kentucky Horse Park
next year.
The equitation
competition was intense for the 200 riders, all younger than 18 and hailing
from around the country. It was so intense, in fact, that the top three riders
had to switch horses for a final jump-off over a complicated course.
The Maclay is
judged not only on the riders' forms and techniques, but their ability to
create smooth rides over complicated jump combinations.
When told her name
would be inscribed on the Maclay Championship award next to such greats as
George Morris and William Steinkraus, Milliren, 16, said, "I can't believe
that's going to happen. I'm so happy."
As for the weeklong
show, organizer Mason Phelps called it "a home run."
He said the
nightly parties helped return some of the glamour to the show, which was held
for many years at New York'sMadison Square Garden.
Phelps said the
partnership between Alltech, the Nicholasville-based feed company, and the
National Horse Show went so well that it will almost certainly return next
year. Catherine Keogh, Alltech's global marketing director, said the two
parties are in final negotiations for next year.
"Alltech is
dedicated to animals achieving peak performance," said Alltech President
Pearse Lyons, who has called this show a legacy event to Alltech's sponsorship
of the 2010 World Equestrian Games. "This event showcased just that. I
salute each of the competitors, and we hope everyone will join us again next
year."
Riders and
trainers praised the running of the event, but organizers want to work on
attracting more spectators. The stands were fairly sparsely filled throughout
the week, with the exception of the big grand prix classes held at night.
"We have to
talk about the entertainment aspect of it," Phelps said.
The show held
parties every night of the show; Phelps said the one on Saturday night was
attended by Bruce Springsteen, whose daughter, Jessica, placed third in the
$250,000 Grand Prix earlier in the evening.
The weekend also
held some major competition for spectators, including the Breeders' Cup in
Louisville and a University of Kentucky home football game.
One change for
next year will almost certainly be the inclusion of the Saddlebred breed, which
also used to show at Madison Square Garden.
"That will
bring more people," said Alston Kerr, chairwoman of the Kentucky Horse
Park Commission.
Still, several
vendors who set up booths in the arena said they had a good week.
Susan English, the
manager of Embry's, said business had been comparable to the World Equestrian
Games, which went on twice as long and had many more spectators.
"We've met a
lot of nice people from out of town who are really excited about being
here," English said.
Joey Darby of
Southern Pines, N.C., brought his equine antiques business. He is also a horse
show judge.
"This is just
the beginning of a very big deal," he said. "This will turn out to be
something that everyone who shows horses will look forward to at the end of the
year."
Some Lexington
residents made it out to the horse park for the novelty of watching the horses
and riders.
"I think this
is phenomenal," Lexingtonian Jane Justice said. "We need to get
everyone involved here."
___
(c)2011 the
Lexington Herald-Leader (Lexington, Ky.)
Visit the
Lexington Herald-Leader (Lexington, Ky.) at www.kentucky.com
Distributed by MCT
Information Services
National Horse
Show sees rebirth in Kentucky
Star-Ledger (NJ): 06 November 2011
[What follows is the full text of the news story.]
For the past few
years, the National Horse Show has been little more than a famous name and a
collection of valuable sterling silver trophies.
After its run at
Madison Square Garden ended in 2001, the show struggled to reinvent itself in
several locations, from a pier in New York City to Florida and finally, while
its unique identity faded, as part of the Syracuse, N.Y., Invitational Sport
Horse Tournament.
Last week,
however, marked a stylish rebirth of the 128-year-old fixture in the city that
bills itself as "The Horse Capital of the World."
The National's
debut at the Kentucky Horse Park wraps up a five-day run this afternoon with
the ASPCA Maclay equitation championship. The new setting has been embraced by riders,
owners and sponsors, groups usually not known for their unanimity of opinion.
With the backing
of Lexington-based Alltech, a global company that manufactures animal feed
supplements and ingredients, the landmark competition -- rechristened the Alltech
National Horse Show -- opened in grand fashion in the Alltech Arena. Some of
the world's best show jumpers competed against a panoramic photo backdrop of
the Horse Park, as VIPs watched from above in a special section where tables
seating six sold for $6,500.
"I feel like
it's a whole rebirth of the National Horse Show," said Mason Phelps, the
show's president and the man who spearheaded the bold move to Kentucky.
"We were at
death's door, and I think we've had a resurrection. It's all come together like
I thought it would," said Phelps.
"Everything's
just nothing but kudos and "thank you's. You don't find that when you go
to horse shows these days."
Because the
National had a year to run on its contract with Syracuse when it left, the move
was controversial.
Syracuse, which
always struggled financially, called it quits after the National pulled out,
with organizers contending it was financially unsustainable under the
circumstances.
"It was a big
gamble," said Phelps of the decision to have the National strike out on
its own, a strategy backed by a majority of the show's board.
Although this
year's National is limited to its core constituency of hunters, jumpers and
equitation, 2012 plans call for the addition of saddle horses, which once
played a big role in the Garden, and perhaps some other disciplines as well.
"The National
Horse Show should embrace as much of the horse world as we can," said Leo
Conroy, the show's second vice president, who co-manages it with Hugh
Kincannon.
The National's
appeal is buoyed by big prize money, with the largest purse, $250,000, going
for the World Cup qualifier grand prix. Riders are understandably enthusiastic,
and not just about the cash.
"What an
incredible venue this is," said two-time Olympic team gold medalist McLain
Ward, after posting a win in the $75,000Double H Farm open jumper competition
with Rothchild.
"It seems
like people are very enthusiastic, and that's great to see," he said.
Scott Stewart of
Flemington, who won the Grand Hunter Championship with first-year green hunter
titlist Dedication, felt right at home in the new ring.
"I think it's
great, the conditions are ideal, the courses were nice, the jumps were
beautiful; it's perfect conditions for a horse show to work," said
Stewart, who completed a sweep at the biggest fall circuit shows by taking the
Leading Hunter Rider honors as he did last week at the Washington International
Horse Show and the Pennsylvania National the week before that, when Dedication
also was grand champion. At Washington, Stewart was grand champion with
Garfield.
Rider/trainer
Archie Cox was impressed immediately on his arrival from California.
"I think the
horse show is beautiful," he said.
"I have never
seen this arena. It's certainly a horse-friendly environment. I'm kind of overwhelmed
with the size and ease of the facility. It's wonderful."
The one downer has
been lack of spectators, who would have added greater energy to the
proceedings.
Opening night ran
against a University of Kentucky basketball game.
Friday and
yesterday, the formidable competition for fans involved thoroughbred horse
racing's Breeders' Cup at Churchill Downs in Louisville, an hour away, and
yesterday's football game at the university.
But the Cup moves
to California for 2012 and Alltech founder Pearse Lyons is a patient man,
willing to wait until next year for the full flowering of his company's
investment.
"This is a
dress rehearsal," he said, noting that while Alltech signed only a
one-year contract with the show, it has "an understanding" for a
five-year pact he expects to be signed next week.
Alltech, which
sponsored last year's World Equestrian Games at the park, also is the title
sponsor of the next WEG in Normandy, France, in 2014. So no one can doubt
Lyons' commitment to horse sports and the National.
"When we walk
away from here on Sunday, people will say, "Wow, this was a great
success.' You don't measure success necessarily by the number of people who
were here," he explained.
"You measure
success by beginning the first step of a long journey, you measure success by,
was everybody satisfied, was the organizer satisfied? I can speak for Alltech
only: We're delighted."
on the rail
The fallout from
last weekend's wild weather continues to wreak havoc on events scheduled for
today.
The Long Valley Trail
Association has postponed its pace due to trail damage, closed roads and lack
of electricity. A new date will be announced this week.
Meanwhile, the
Lord Stirling Stable pace in Basking Ridge was cancelled due to the condition
of its trails.
The Covered Bridge
Trail Association pace is a go this morning, but competitors are asked to park
at Cane Farm on Raven Rock Road in Rosemont.
N.J. ACTIVITIES
SCHEDULE
Today: Duncraven
Fall Show Series, 1300 Trenton-Harbourton Road, Titusville; Palermo Show Stable
Show, 1555A Burnt Mills Road, Bedminster; Covered Bridge Trail Association
Trail Pace, park at Cane Farm, Raven Rock Road, Rosemont, Delaware Township (9
a.m. to noon, coveredbridgetrail.com); Spring Valley Hounds Hunter Pace, Long
Bridge Road, Allamuchy (9 a.m. start, park in field across from Mailbox 80,
springvalleyhounds.com).
Thursday: Woodedge
at the Park, Horse Park of N.J., Route 524, Allentown (through next Sunday).
Saturday: West
Milford Equestrian Center Show, 367 Union Valley Road, Newfoundland.
Next Sunday:
Amwell Valley Hunter Pace Series Finale, Sourland Farm, 33 Lindbergh Road, East
Amwell (9 a.m. to 1 p.m., 908-963-5587); The Ridge at Riverview Show, 3
Wolverton Road, Asbury; North Jersey Equestrian Center Show, 1 Carlson Place,
Pompton Plains; Oxbow Stables Combined Test, Dressage Show and Horse Trials, 39
Orts Road, Hamburg; Hidden Hollow Farm Combined Training Show, 1100 Chester
Road, Gladstone; Bit O' Woods Farm Dressage Show, 2207 Fostertown Road,
Hainesport.
For more
equestrian information plus photo on the internet, go to nj.com/jaffer. Nancy
Jaffer: nancyjaffer@att.net
On opening night,
National Horse Show called a success
Lexington Herald-Leader (KY): 03 November 2011
[What follows is the full text of the news story.]
Nov. 03--Although
the 128th Alltech National Horse Show has barely kicked off, show officials
already are hailing the new Kentucky version a success and looking at how they
can build on that next year.
"I think
we've had a major rebirth," said Mason Phelps Jr., National Horse Show
president, as the five-day competition got under way Wednesday. "The
enthusiasm and the energy of this horse show are like nothing I have seen in
years."
Show treasurer
Allan Shore of Bedford, N.Y., said that they were thrilled to see top competitors
such as Great Britain'sNick Skelton, who won the Washington International Horse
Show's $100,000 President's Cup Grand Prix last weekend, and Christine McCrea,
who last week won a gold medal for the United States at the Pan Am Games in
Mexico, coming for the Alltech Grand Prix on Saturday.
"It's been
really exciting to see the interest that's come along," Shore said.
"We now have people clamoring to come."
Shore said that in
addition to top riders and horses, the National has drawn great interest from
vendors -- more than 100 applied for the 60 trade show spots that ring the
Alltech Arena at the Kentucky Horse Park in Lexington.
Katie Whaley,
owner of Hats by Katie from Paris (Kentucky), was one of the lucky ones who got
a spot. Although there were few people looking Wednesday, Whaley, whose mother,
Kate, rode jumpers at the National when it was in Madison Square Garden,
anticipates crowds will grow as the week goes on.
"It's going
to build," she said. "You can just feel the vibe."
Organizers jokingly
referred to Wednesday as a live dress rehearsal, and the crowd reflected that.
There was only a scattering of spectators on hand to see Kentucky first lady
Jane Beshear and the opening ceremony.
If the crowds
grow, so will contributions to nine charities that will get 50 percent from
ticket sales for their session. One charity, the Kentucky Equine Humane Center,
has already won big: a black-tie gala Tuesday night, hosted by Alltech, raised
$50,000.
Alltech owner
Pearse Lyons said feedback he's been hearing after the gala indicated the
National "has been raised to a whole new level. ... I think it's going to
be wonderful."
Phelps said other
show sponsors also have been enthusiastic. "We are looking at a positive
bottom line this year," Phelps said. "With Alltech, we've been able
to raise more than $1 million in sponsorships."
The show will give
away more than $700,000 in prize money, including the $250,000 Alltech Grand
Prix, which features the largest prize for an indoor show in the United States.
Phelps said the
National and Alltech were in negotiations for extending the title sponsorship.
"We'll sit
down and talk turkey next week," he said. "It's been a marriage made
in heaven. Nobody could have predicted that. It's been an outstanding
relationship."
Next year's show
probably will include an expanded lineup of classes, including Saddlebreds and
possibly carriage horses.
And Phelps said
the National has applied to the Federation Equestre International, the international
governing body of horse sports, to bring back one of the highlights of past
Nationals: a Nations Cup, a team competition, country against country, pitting
the top U.S. riders against those from around the world.
Lyons, who said
Alltech wanted to be involved next year as well, also has ideas about improving
things. "I think downtown has to be involved. I think we have to have
something similar to a Fortnight Festival," Lyons said, referring to the
music festival Alltech sponsored in conjunction with the 2010 World Equestrian
Games.
His ideas range
from involving more local restaurants to highlighting Kentucky's musical,
theatrical and artistic heritage.
"I sense (the
National) needs something else -- something that will reach out to the community
at large," Lyons said.
He said developer
Dudley Webb, who owns the vacant CentrePointe property downtown, once asked if
he'd be interested in helping to bring Cirque du Soleil to town. Lyons would.
"Cirque du
Soleil, a circus, a carnival," Lyons said. "I'd like to see the Wild
West."
___
(c)2011 the
Lexington Herald-Leader (Lexington, Ky.)
Visit the
Lexington Herald-Leader (Lexington, Ky.) at www.kentucky.com
Distributed by MCT
Information Services
Mere hours after
starting, National Horse Show called success
Lexington Herald-Leader (KY): 02 November 2011
[What follows is the full text of the news story.]
Nov. 02--Although
the 128th Alltech National Horse Show has barely kicked off, show officials are
already hailing this year's event, the first to be held in Kentucky, a success
and are looking at how they can build on that next year.
"I think
we've had a major rebirth," said Mason Phelps Jr., president of the
National Horse Show. "The enthusiasm and the energy of this horse show are
like nothing I have seen in years."
Show treasurer
Allan Shore of Bedford, N.Y., said that they are thrilled to see top
competitors coming for the Alltech Grand Prix on Saturday. They include Great
Britain'sNick Skelton, who won the Washington International Horse Show's $100,000
President's Cup Grand Prix last weekend; and Christine McCrea, who last week
won a gold medal for the United States at the Pan Am Games in Mexico.
"It's been
really exciting to see the interest that's come along," Shore said.
"We now have people clamoring to come."
Shore said that in
addition to top riders and horses, the National has drawn great interest from
vendors -- more than 100 applied for the 60 trade-show spots that ring the
Alltech Arena at the Kentucky Horse Park in Lexington.
Phelps said that
sponsors also have been enthusiastic. "We are looking at a positive bottom
line this year," Phelps said. "With Alltech, we've been able to raise
more than $1 million in sponsorships."
The show will give
away more than $700,000 in prize money, including the $250,000 Alltech Grand
Prix, which features the largest prize for an indoor show in the United States.
Phelps said that
the National and Alltech are in negotiations for extending the title
sponsorship.
"We'll sit
down and talk turkey next week," Phelps said. "It's been a marriage
made in heaven. Nobody could have predicted that. It's been an outstanding
relationship."
Next year's show
likely will include an expanded lineup of classes, including saddlebreds and
possibly carriage horses.
And Phelps said the
National has applied to the Federation equestre Internationale, the
international governing body of horse sports, to bring back one of the
highlights of past Nationals: a Nations Cup, a team competition, country
against country, pitting the top U.S. riders against those from around the
world.
The Alltech
National Horse Show opened Wednesday with hunters, who compete to see which
horse can perform the jumps most correctly.
Competition for
jumpers, who take bigger fences faster, heats up Wednesday evening after
opening ceremonies at 7 p.m., with the International-Open Jumpers
$50,000Welcome Stake. The show ends Sunday.
___
(c)2011 the
Lexington Herald-Leader (Lexington, Ky.)
Visit the
Lexington Herald-Leader (Lexington, Ky.) at www.kentucky.com
Distributed by MCT
Information Services
SOUTH AFRICA,SWEDEN : Gunnebo strengthens the platform for entrance
control in Africa through the acquisition of Alltech in South Africa
TendersInfo News
19 August 2011
|
[What follows is
the full text of the article.] Gunnebo security
group has acquired Alltech, South Africa's market leader within entrance
control. The acquisition strengthens Gunnebo's platform from which to develop
and leverage its world leading Entrance Control offer to all African markets. Johannesburg-based
Alltech was founded in 1999, has an annual turnover of MEUR 3,7 and 28
employees. The company primarily develops, manufactures, sells and installs
full and part height turnstiles, spike barriers and boom barriers. "With the
acquisition of Alltech we get a profitable platform to continue the expansion
of our entrance control business into the growth markets in Africa",
says Martin Houseman, Regional Director Gunnebo Africa and Middle East.
"Alltech's product portfiolio also supplements Gunnebo's strong and
world-leading offer within entrance control. Thus, the acquisition will
combine to strengthen the Group's global business". The integration
of Alltech is planned to be completed during 2011 and the acquisition is expected
to give a positive contribution in the fourth quarter of 2011. Copyright 2011
Euclid Infotech Pvt. Ltd., distributed by Contify.com
|
|
FRANCE : Contract for supply of chromatographs awarded to Alltech France
TendersInfo News
04 July 2011
|
[What follows is
the full text of the article.] Alltech France
received supply contract for chromatographs. The contracting authority is
Universite Joseph Fourier. Scope of the work
is automatic chromatography. Only one bidder did bidding for this tender.
Information about Government Procurement Agreement (GPA) covering this
contract and sub-contracting opportunity is not been disclosed by the
contracting authority. The award criteria
is the most economically advantageous tender in terms of technical merit,
price. Information about electronic auction is not revealed. The procedure
through which this contract is awarded negotiated without a call for
competition. |
|
Alltech Associates Inc Files Patent Application for Method and Apparatus
for Generating High Purity Eluent
Indian Patent News
02 February 2011
|
[What follows is
the full text of the article.] New Delhi, Feb. 2
-- USA based Alltech Associates Inc filed patent application for method and
apparatus for generating high purity eluent. The inventors are Anderson James
M Jr and Saari Nordhaus Raaidah. Alltech
Associates Inc filed the patent application Oct. 20, 2005. The patent
application number is 2706/CHENP/2005 A. The international classification
number is B01D15/00. According to the
Controller General of Patents, Designs & Trade Marks, "A method and
apparatus is provided for generating a high purity eluent suitable for use in
chromatography. The high purity eluent may be generated by providing water
and a first stationary phase comprising exchangeable cations. Electrolysis
ions are generated by the electrolysis of water. The electrolysis ions are
selected from the group consisting of hydronium ions and hydroxide ions. The
hydronium ions are passed through the first stationary phase so that the
hydronium ions replace the cations in the first stationary phase. Thereafter,
a source of desired ions is combined with the cations to form a high purity
eluent containing the desired ions." |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.50.72 |
|
|
1 |
Rs.79.88 |
|
Euro |
1 |
Rs.68.46 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.