MIRA
INFORM REPORT
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Report Date : |
01.10.2011 |
IDENTIFICATION DETAILS
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Name : |
PSM INC |
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Registered Office : |
1178-4 Jisa-Dong Kangseo-Gu, 618-230 Korea |
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Country : |
South Korea |
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Date of Incorporation : |
Not Available |
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Legal Form : |
Public Independent |
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Line of Business : |
Sheet Metal Product Manufacturing (except Metal Structural and Container Products) |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Moderate |
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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 – March 31st, 2011
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Country Name |
Previous Rating (31.12.2010) |
Current Rating (31.03.2011) |
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South Korea |
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
PSM Inc.
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Business
Description
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Forging and Stamping |
Industry
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Industry |
Miscellaneous Fabricated Products |
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ANZSIC 2006: |
2240 - Sheet Metal Product Manufacturing
(except Metal Structural and Container Products) |
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NACE 2002: |
2840 - Forging, pressing, stamping and
roll forming of metal; powder metallurgy |
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NAICS 2002: |
33211 - Forging and Stamping |
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UK SIC 2003: |
2840 - Forging, pressing, stamping and
roll forming of metal; powder metallurgy |
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US SIC 1987: |
3462 - Iron and Steel Forgings |
Key Executives
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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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Executives Report
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New Science and
Technology Research from Abo Akademi University Discussed
Science and Technology
Life Science Weekly: 28 September 2011
[What follows is the full text of the news story.]
New investigation
results, "Construction of a DOPC/PSM/cholesterol phase diagram based on
the fluorescence properties of trans-parinaric acid," are detailed in a
study published in Langmuir. According to the authors of a study from Turku,
Finland, "Cell membranes have a nonhomogenous lateral organization. Most
information about such nonhomogenous mixing has been obtained from model
membrane studies where defined lipid mixtures have been characterized."
"Various
experimental approaches have been used to determine binary and ternary phase
diagrams for systems under equilibrium conditions. Such phase diagrams are the
most useful tools for understanding the lateral organization in cellular
membranes. Here we have used the fluorescence properties of trans-parinaric
acid (tPA) for phase diagram determination. The fluorescence intensity,
anisotropy, and fluorescence lifetimes of tPA were measured in bilayers
composed of one to three lipid components. All of these parameters could be
used to determine the presence of liquid-ordered and gel phases in the samples.
However, the clearest information about the phase state of the lipid bilayers
was obtained from the fluorescence lifetimes of tPA. This is due to the fact
that an intermediate-length lifetime was found in samples that contain a
liquid-ordered phase and a long lifetime was found in samples that contained a
gel phase, whereas tPA in the liquid-disordered phase has a markedly shorter
fluorescence lifetime. On the basis of the measured fluorescence parameters, a
phase diagram for the 1,2-dioleoyl-sn-glycero-3-phosphocholine/N-palmitoyl
sphingomyelin/cholesterol system at 23 �C was prepared with a 5 mol %
resolution. We conclude that tPA is a good fluorophore for probing the phase
behavior of complex lipid mixtures, especially because multilamellar vesicles
can be used. The determined phase diagram shows a clear resemblance to the
microscopically determined phase diagram for the same system," wrote T.K.
Nyholm and colleagues, Abo Akademi University (see also Science and
Technology).
The researchers
concluded: "However, there are also significant differences that likely
are due to tPA's sensitivity to the presence of submicroscopic liquid-ordered
and gel phase domains."
Nyholm and
colleagues published their study in Langmuir (Construction of a
DOPC/PSM/cholesterol phase diagram based on the fluorescence properties of
trans-parinaric acid. Langmuir, 2011;27(13):8339-50).
For more
information, contact T.K. Nyholm, Biochemistry, Dept. of Bioscience, Abo
Akademi University, Tykistokatu 6A, FIN-20520 Turku, Finland.
Companiesandmarkets.com:
Emerging Markets Sustaining Growth in the Metal and Ceramic Injection Molding
Industry
Business Wire: 27 September 2011
[What follows is the full text of the news story.]
- Developed
market players at risk of competition from cheaper Asian operations
- 2017 market
valuation for MIM and CIM: $3.7 billion
- Innovation:
Multi-material injection molding reduces production costs
LONDON--(BUSINESS
WIRE)-- By 2017 the combined metal and ceramic injection molding market will be
worth $3.7 billion, according to a new report available from
companiesandmarkets.com. The nature of both industries mean that their success
is directly linked to the manufacturing industry, particularly in the
automotive, aerospace, consumer, medical/healthcare, mechanical and IT sectors,
many of which were impacted heavily by the global recession.
Metal and Ceramic
Injection Molding: A Global Strategic Business Report
http://www.companiesandmarkets.com/Market-Report/metal-and-ceramic-injection-molding-a-global-strategic-business-report-692794.asp?prk=7c4ed5b510c1ffe12b50d9829eddaba2
MIM (metal
injection molding) and CIM (ceramic injection molding) are manufacturing
techniques which produce parts and components and parts. Major technological
advancements are paving the way for market growth, and there is a notable trend
towards miniaturization.
The metal
injection molding market is dominated by Asia-Pacific and Europe, whereas the
US controls the ceramic injection molding market. The future success of both is
likely to be in the hands of the emerging countries � particularly those in
Asia � which recovered quickly from recession and are undergoing more
industrial development than the developed world.
The automotive
segment still represents the largest market for MIM, although opportunities in
this segment have dwindled, especially in the US. Even the usually unwavering
medical devices market has retracted.
The CIM market and
MIM market are highly fragmented. Competition is intense, and consolidation is
likely over the reporting period. Profiles of over 70 key players are included
within the metal molding and ceramic molding research report, including: World
Class Technology (US), Smith Metal Products, Remington Arms Company, Inc.,
Polymer Technologies, Inc., Megamet Solid Metals, Inc., Epson Atmix Corp,
Advanced Materials Technologies Pte. Ltd., Egide UK, FloMet LLC, Kinetics
Climax Inc, Parmatech Corporation, Phillips Plastics Corporation, PSM
Industries Inc and SSI-Sintered Specialties.
With 229 pages of
insight into the metal and ceramic molding market, the August 2011 publication
provides the reader with a detailed understanding of the market landscape,
barriers and drivers, trends, challenges, key players and products. Statistical
data for 2003-2017 is included, split by geography: US, Canada, Japan, Europe,
France, Germany, UK, Italy, Rest of Europe, Asia-Pacific and Middle-East.
Report Details:
http://www.companiesandmarkets.com/Market-Report/metal-and-ceramic-injection-molding-a-global-strategic-business-report-692794.asp?prk=7c4ed5b510c1ffe12b50d9829eddaba2
Companies & Markets
Mike King
Press Office
enquiries@companiesandmarkets.com
London (UK): +44 (0) 203 086 8600
Source: Companies
and Markets
Combine
Solicitation - 59-- ELECTRICAL TEST EQUIPMENT
59 - Electrical and electronic equipment components
FedBizOpps: 27 September 2011
[What follows is the full text of the news story.]
Notice Type:
Combine Solicitation
Posted Date:
26-SEP-11
Office Address:
U.S. Department of State; FedBid.com -- for Department of State procurements
only.; FedBid.com; 1701 N. Ft. Myer Drive , rosslyn, VA 21999
Subject: 59--
ELECTRICAL TEST EQUIPMENT
Classification
Code: 59 - Electrical and electronic equipment components
Solicitation
Number: 10301DQD13
Contact: Name: Blondell
Taylor, Title: Contract Specialist, Phone: 7038756961, Fax: , Email:
taylorbk2@state.gov;
Setaside: Total
Small BusinessTotal Small Business
Place of
Performance (address): Arlington, VA 22209
Place of
Performance (zipcode): 22209
Place of Performance
Country: US
Description: U.S.
Department of State
FedBid.com -- for
Department of State procurements only.
FedBid.com
This is a combined
synopsis/solicitation for commercial items prepared in accordance with the
format in FAR Subpart 12.6, in conjunction with FAR 13.5, as applicable, and as
supplemented with additional information included in this notice. This
announcement constitutes the only solicitation; bids are being requested and a
written solicitation will not be issued.The solicitation number is 10301DQD13
and is issued as an invitation for bids (IFB), unless otherwise indicated
herein.The solicitation document and incorporated provisions and clauses are
those in effect through Federal Acquisition Circular 2005-53. The associated
North American Industrial Classification System (NAICS) code for this
procurement is 335999 with a small business size standard of 500.00
employees.This requirement is a [ Small Business ] set-aside and only qualified
offerors may submit bids.The solicitation pricing on www.FedBid.com will start
on the date this solicitation is posted and will end on 2011-09-27 14:00:00.0
Eastern Time or as otherwise displayed at www.FedBid.com.FOB Destination shall
be Arlington, VA 22209 The Department of State requires the following items,
Brand Name or Equal, to the following: LI 001, PowerSight PS4500 Power Quality
Analyzer * Catches power quality events such as fast transients (impulses) to
8us, plus voltage sags (dips), and swells. * Tracks total harmonic distortion
to the 63rd harmonic * energy use (kWh), and logs all power parameters: watts,
va var, pf, etc. * Data log RMS voltage and current over time
(days/weeks/months) with cycle-by-cycle resolution * Displays real time values
in meter window just like a multimeter * Displays oscilloscope waveforms,
harmonic spectra, phasors via a PC * Measures DC voltage and current *
Contoured, cushion grip for comfort * Ruggedized construction for field use *
Bluetooth wireless for remote communications to PC * Secure Digital removable
memory card slot (to 2 GB) * CAT IV 600V Safety rating Included Accessories: 1
- DXV deluxe voltage leads with Jumbo Alligator clips 1 - Power Supply 1 -
Operating Manual 1 - PSM Manager Software for PC with Report Writer, 2, EA; LI
002, AEMC 3731 Ground Resistance Tester Model 3731 (Clamp-On) * Simple and fast
clamp-on operation - no leads, no auxiliary rods or spacing requirements. No
need to disconnect neutral service * Direct reading of ground resistance from
0.1 Ohm to 1200 Ohms * Direct reading of continuity and ground loop resistance
* Direct reading of ground leakage current from 1 mA to 30 Amps rms * Large
1.38" Jaw opening * Auto-off * Adjustable Alarm Set-point * Store 99 field
measurements in memory for later retrieval and analysis Applications: * Measures
ground rod and small grid resistance. * Use in multi-grounded systems without
disconnecting the ground under test. * Measure resistance and continuity of
grounding loops around pads and buildings. * Measure leakage current flowing to
ground or circulating in ground loops. * Conduct quick field checks. * Conduct
field surveys and retrieve and analyze readings are a later time. Included
Accessories 1 - 9V Battery 1 - Hard Carrying Case 1 - 25 Calibration Check Loop
1 - Instruction Manual, 2, EA; LI 003, Extech 407026 Light Meter, FC/LUX Heavy
Duty w/ Holster * Microprocessor assures maximum accuracy plus special
functions * Super large 1.4" LCD display * % displays differential from
reference point * ZERO Re-Calibration * Utilizes precision photo diode and color
correction filter * Cosine and color corrected measurements * 4% accuracy is
enhanced by selecting lighting type * Record/Recall MIN, MAX, and AVG readings
* Data Hold plus Auto shut off * Built-in RS232 serial interface, optional
software, 2, EA; LI 004, Fluke 43B/003 Power Quality Analyzer * Measures
resistance, diode voltage drop, continuity, and capacitance * Records two
selectable parameters for up to 16 days * Supports temperature accessories with
direct readout in degrees * 10 measurement memo ries for saving screens * 500 A
ac current clamp and voltage probes with four sets of probe tips * User's
Manual, applications manual and power quality video to help answer questions *
3 year warranty on the Fluke 43B, 1 year on accessories Included Accessories: 1
- Shielded Banana-to-BNC Adapter 1 - Users Manual / Application Guide 1 - Power
Quality CD-ROM 1 - C120 - Hard Case 1 - Flexible Test Lead set 1 - AC220 -
Industrial Test Clips 1 - Large Jaw Alligator Clips 1 - BP120 - Rechargeable
Ni-Cd Battery Pack (installed) 1 - TP1 - Flat-tipped Slim-Reach Test Probes 1 -
TP4 - 4 mm Round Slim-Reach Test Probes 1 - PM8907/803 - Line Voltage
Adapter/Battery Charger 1 - PM9080 - Optically Isolated RS232 Interface Adapter
1 - i400s - 400 A AC Current Clamp, 1, EA; LI 005, AEMC 4630 Kit-500ft Ground
Resistance Tester (Cat #2135.24) Measures soil resistivity (4-Point) method
Measures ground resistance (2- and 3-Point) Fall-of-Potential method Step
voltage tests and touch potential measurements Auto-Ranging: automatically
selects the optimum range Designed to reject high levels of noise interference
Extremely simple to operate: connect - press - read LED on faceplate informs
operator of high input noise, high auxiliary rod resistance and fault
connections AC powered with rechargeable NiMH batteries Rugged, dustproof and
rainproof field case Can also be used for continuity tests on bonding
Color-coded terminals 4630 Kit-500ft Includes: (2) 500' color-coded leads on
spools (red and blue) (2) 100' color-coded leads (green and black) (1) 30' lead
(green) (4) 14.5" T-shaped auxiliary ground electrodes (5) Spaded lugs (1)
100' tape measure (1) Carrying bag, 1, EA; LI 006, Flir B400 - Infrared Camera
with FLIR Fusion * Razor-sharp Thermal Images - 76,800 Pixels! * Thermal Fusion
Functionality * Interchangeable Optics * 1.3 MegaPixel Visual Camera *
Automatically Associates the Visual and Thermal JPEG Images * Includes FREE
QuickReport Software for Analysis & Reporting * Optional Microsoft
Word-Based Reporter Software w/Spell Check * Removable SD/Memory Card, USB
& Video Out * Onscreen Thumbnail Image Gallery * 5 Temperature Spots &
Delta T Functionality * Touch Screen Technology Adds Markers, Draws Sketches *
Auto or Manual Focus with 8x Continuous Digital Zoom * Auto Hot/Cold Spot &
Audible/Visible Alarms * Large 3.5" Color LCD Display * High Thermal
Sensitivity for Maximum Temperature Accuracy * Built-in Laser LocatIR * Long
4-Hour Battery with In-Camera Charging or Car Charger * Optics Head/Display
Screen Rotate Independently for Optimal Viewing * Holster for Portability and
Easy Access to Camera * Target Illuminator Brightens Dark Areas * Tiltable
Optics Reduces Back and Arm Strain Included Accessories: 1 - Transport Case 1 -
Lens Cap 1 - Stylus Pen 1 - Power Supply with Cable 1 - 2-bay Battery Charger
with Cable 1 - Batteries 1 - Video Cable 1 - USB-Cable 1 - SD Memory Card 1 -
Sun Shield 1 - Headset, 3.5 mm plug 1 - Users Manual, 1, EA;
"https://sellers.fedbid.com/seller/fbobuyDetails.do
token=%3D48FH89t5wvMIAAAAAHeAAgAgTFCGg%2FFzzqQbJAAyVXBA0Or" Solicitation
and Buy Attachments ***Question Submission: Interested offerors must submit any
questions concerning the solicitation at the earliest time possible to enable
the Buyer to respond. Questions must be submitted by using the 'Submit a
Question' feature at www.fedbid.com. Questions not received within a reasonable
time prior to close of the solicitation may not be considered.*** For this
solicitation, Department of State intends to conduct an online competitive
reverse auction to be facilitated by the third-party reverse auction provider,
FedBid, Inc. FedBid has developed an online, anonymous, browser based
application to conduct the reverse auction. An Offeror may submit a series of
pricing bids, which descend in price during the specified period of time for
the aforementioned reverse auction. Department of State is taking this action
in an effort to improve both vendor access and awareness of requests and the
agency's ability to gather multiple, competed, real-time bids.All responsible
Offerors that respond to this solicitation MUST submit the pricing portion of
their bid using the online exchange located at www.FedBid.com. There is no cost
to register, review procurement data or make a bid on www.FedBid.com.Offerors
that are not currently registered to use www.FedBid.com should proceed to
www.FedBid.com to complete their free registration. Offerors that require
special considerations or assistance may contact the FedBid Helpdesk at
877-9FEDBID (877-933-3243) or via email at clientservices@fedbid.com. Offerors
may not artificially manipulate the price of a transaction on www.FedBid.com by
any means. It is unacceptable to place bad faith bids, to use decoys in the
www.FedBid.com process or to collude with the intent or effect of hampering the
competitive www.FedBid.com process.Should offerors require additional
clarification, notify the point of contact or FedBid at 877-9FEDBID
(877-933-3243) or clientservices@fedbid.com.Use of FedBid: Buyers and Sellers
agree to conduct this transaction through FedBid in compliance with the FedBid
Terms of Use. Failure to comply with the below terms and conditions may result
in offer being determined as non-responsive. If Seller is bidding Cisco brand
equipment, Seller certifies that it is a Cisco Authorized Channel as of the
date of the submission of its Bid, and that it has the
certification/specialization level required by Cisco to support both the
product sale and product pricing, in accordance with applicable Cisco
certification/specialization requirements.Unless otherwise specified, Seller
warrants that the products are new and in their original box(es). The Seller
confirms to have sourced all Cisco products submitted in this Bid from Cisco or
through Cisco Authorized Channels only, in accordance with all applicable laws
and Cisco s current applicable policies at the time of purchase. If software is
provided or included, Seller shall, upon request, provide Buyer with a copy of
the End User License Agreement. Seller certifies that all Cisco software is
licensed originally to Buyer as the original licensee authorized to use the
Cisco Software. In addition to providing pricing at www.FedBid.com for this
solicitation, each Offeror must provide any required, NON-PRICING responses
(e.g. technical proposal, representations and certifications, etc.) so that
they are received no later than the closing date and time for this
solicitation. Submissions can be sent to clientservices@fedbid.com. Agencies
may require registration with the Central Contractor Registry (CCR) prior to
receipt of order, pursuant to FAR 4.1102 and other applicable regulations and
guidelines. Information can be found at www.ccr.gov. All Bids must be valid for
30 days from the closing date for this solicitation. No exceptions or qualifications.
New equipment ONLY, NO grey market or refurbished products. Items must be in
original packaging, never used, and not altered in any way. Components of the
requested equipment, to include memory, must be manufacturer-approved and may
not be compatible, remanufactured, or refurbished equipment. All items must be
covered by manufacturer s warranty and procured through a manufacturer approved
distribution channel. Sellers must be able to document their ability to provide
items through manufacturer approved distribution channels upon request.The
Seller confirms to have sourced all products submitted in this Bid from
manufacturer-approved channels for Federal sales, in accordance with all
applicable laws and manufacturer s current applicable policies at the time of
purchase. Seller must be able to support both the product sale and product
pricing, in accordance with applicable manufacturer certification /
specialization requirements. If software is provided or included, Seller shall,
upon request, provide Buyer with a copy of the End User License Agreement.
Seller certifies that all software is licensed originally to Buyer as the
original licensee authorized to use the software. All bid prices must include
shipping FOB Destination CONUS (CONtinental U.S.). No partial shipments are
permitted, unless otherwise specified by Contracting Officer at time of award.
(a) The provider of information technology shall certify applications are fully
functional and operate correctly as intended on systems using the Federal Desktop
Core Configuration (FDCC). This includes Internet Explorer 7 configured to
operate on Windows XP and Vista (in Protected Mode on Vista). For the Windows
XP settings, see http://csrc.nist.gov/itsec/guidance_WinXP.html and for the
Windows Vista settings, see: http://csrc.nist.gov/itsec/guidance_vista.html.(b)
The standard installation, operation, maintenance, update, and/or patching of
software shall not alter the configuration settings from the approved FDCC
configuration. The information technology should also use the Windows Installer
Service for installation to the default program files directory and should be
able to silently install and uninstall.(c) Applications designed for normal end
users shall run in the standard user context without elevated system
administration privileges.(d) The Department of State currently intends to use
Vista in Protected Mode in the future when all devices at all worldwide
locations have sufficient capacity to permit an upgrade from the XP operating
system. Pursuant to the Trade Agreements Act (19 U.S.C. 2512(a)) (TAA), Federal
acquisitions of supplies may be made only from offerors that will supply
products of an eligible country under any of the free trade agreements entered
into pursuant to the TAA. An article is considered a product of a country only
if it is wholly a product of that country or if it has been substantially
transformed in that country into a new and different article of commerce with a
name, character, or use distinct from that of the original article(s). Note
that any item that is a discreet article as it is sold in commerce, regardless
of its ultimate function or use, cannot be considered substantially transformed
based solely on its integration into IT or other systems. The Contractor and
its employees shall exercise the utmost discretion in regard to all matters
relating to their duties and functions. They shall not communicate to any
person any information known to them by reason of their performance of services
under this contract which has not been made public, except in the necessary
performance of their duties or upon written authorization of the Contracting
Officer. All documents and records (including photographs) generated during the
performance of work under this contract shall be for the sole use and become
the exclusive property of the U.S Government. Furthermore, no article, book,
pamphlet, email, recording, broadcast, speech television appearance, film or
photograph concerning any aspect of work performed under this contract shall be
published or disseminated through any media without the prior written
authorization of the Contracting Officer. These obligations do no cease upon
the expiration or termination of this contract. The Contractor shall include
the substance of this provision in all contracts of employment and in all
subcontracts hereunder. The selected Offeror must comply with the following
commercial item terms and conditions. FAR 52.212-1, Instructions to Offerors -
Commercial, applies to this acquisition. The selected Offeror must submit a
completed copy of the provision at 52.212-3, Offeror Representations and
Certifications - Commercial Items. FAR 52.212-4, Contract Terms and Conditions
- Commercial Items, applies to this acquisition.The following FAR clauses in
paragraph (b) of FAR clause 52.212-5, Contract Terms and Conditions Required To
Implement Statutes or Executive Orders-Commercial Items, will apply: 52.222-21,
52.222-26, 52.222-35, 52.222-36, 52.222-37, 52.225-13, 52.232-34. The full text
of a FAR clause may be accessed electronically at http://www.acqnet.gov/far.
Link/URL:
https://www.fbo.gov/spg/State/FedBid.com/FedBid1/10301DQD13/listing.html
Research and
Markets: Metal and Ceramic Injection Molding - 2011 Global Strategic Business
Report
Business Wire: 22 September 2011
[What follows is the full text of the news story.]
DUBLIN--(BUSINESS WIRE)-- Research and Markets
(http://www.researchandmarkets.com/research/a73759/metal_and_ceramic) has
announced the addition of the "Metal and Ceramic Injection Molding - Global
Strategic Business Report" report to their offering.
This report
analyzes the worldwide markets for Metal and Ceramic Injection Molding in US$
Million. The market for Metal Injection Molding is analyzed by the following
end-use applications: Automotive, Consumer Products, Medical/Healthcare,
Mechanical, & Information Technology, and Ceramic Injection Molding. The
report provides separate comprehensive analytics for the US, Canada, Japan,
Europe, Asia-Pacific, and Rest of World. Annual estimates and forecasts are
provided for the period 2009 through 2017. A six-year historic analysis is also
provided for these markets.
The report
profiles 72 companies including many key and niche players such as
- Advanced
Materials Technologies Pte. Ltd
- Egide UK
- Epson Atmix
Corp.
- FloMet LLC
- Kinetics
Climax Inc.
- Megamet Solid
Metals Inc.
- Parmatech
Corporation
- Phillips
Plastics Corporation
- Polymer
Technologies Inc.
- PSM
Industries Inc.
- Remington
Arms Company Inc.
- Smith Metal
Products
- SSI-Sintered
Specialties
- World Class Technology.
Market data and
analytics are derived from primary and secondary research. Company profiles are
mostly extracted from URL research and reported select online sources.
Key Topics
Covered:
1. INTRODUCTION,
METHODOLOGY & PRODUCT DEFINITIONS
2. INDUSTRY
OVERVIEW
3. PRODUCT
OVERVIEW
4. PRODUCT
LAUNCHES/DEVELOPMENTS
5. RECENT INDUSTRY
ACTIVITY
6. FOCUS ON SELECT
PLAYERS
7. GLOBAL MARKET
PERSPECTIVE
8. THE UNITED
STATES
9. CANADA
10. JAPAN
11. EUROPE
12. ASIA-PACIFIC
13. REST OF WORLD
COMPETITIVE LANDSCAPE Total Companies Profiled: 72 (including
Divisions/Subsidiaries - 78) Region/Country Players
- The United
States 30
- Canada 2
- Japan 6
- Europe 23
- France 3
- Germany 6
- The United
Kingdom 7
- Italy 3
- Rest of
Europe 4
- Asia-Pacific (Excluding
Japan) 16
- Middle-East 1
For more
information visit
http://www.researchandmarkets.com/research/a73759/metal_and_ceramic
Research and Markets
Laura Wood, Senior Manager,
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Source: Research
and Markets
'No chance of
closure of Pakistan Steel Mill'
Statesman, The (Pakistan): 22 September 2011
[What follows is the full text of the news story.]
Islamabad, Sept.
22 -- There is no chance of closure of Pakistan Steel Mills (PSM) as the
current management is trying to maintain the supply chain of raw materials,
said Spokesman of Pakistan Steel and added that two shipments of raw material,
containing 55000 Mt Iranian fine Iron ore and 55000 Mt coal, are scheduled to arrive
here this month which will help Pakistan Steel to maintain its production wheel
run smoothly.
According to a
press release issued Wednesday, the PSM due to low capacity utilisation is
currently facing accumulated loss of about Rs40 billion and the total
liabilities as on September 15, 2011 are Rs55.497 billion, but despite this the
salaries of workers and officers are still being made on monthly basis without
fail.
Salaries for the
month of August, 2011 to all officers and workers have already been disbursed,
he also said.
Drop in capacity
utilisation is due to very high prices of coal in the international market in
quarters April-June, 2011 and July-September, 2011 as compared to contract year
of 2010-11 and liquidity crunch being faced by Pakistan Steel.
Historically,
sales in the months of August and September remained low due to monsoon/rainy
season and the behaviour was repeated this year also and the sales will pickup
in coming months, the press release also said.
The new Board of
PSM was constituted on 10th February, 2011 and since then five Board meetings
have been held, where major policy decisions have been taken and PSM management
executes them.
In this regard the
Board has finalised a bailout proposal/business plan, which is under study /scrutiny
by the auditors, and proposal will be sent to GoP / MoF after the Board's
approval and as soon as the funds are arranged, the PSM can quickly achieve
higher capacity utilisation and can climb to breakeven within short span of
time. Published by HT Syndication with permission from The Statesman. For any
query with respect to this article or any other content requirement, please
contact Editor at htsyndication@hindustantimes.com
New Biochemistry
Research from University of Athens Outlined
Biochemistry
Health & Medicine Week: 14 September 2011
[What follows is the full text of the news story.]
"There is a
discrepancy in reporting biochemical recurrence (BCR) rates in patients with
positive surgical margins (PSM) after a radical prostatectomy (RP), ranging
between 19 and 61%. Our aim was to identify the parameters that contribute to
the absence of BCR in patients with PSM by performing a multivariate
analysis," scientists in Athens, Greece report (see also Biochemistry).
"From a
cohort of 1163 patients who underwent open RP over a 6-year period, 69
exhibited PSM. Of the 69, 39 had and 30 did not have a BCR during a 3-year
follow-up. The analysis comprised preoperative and postoperative PSA serum
levels, age, weight of the prostate, pathology tumor grade, time of BCR, number
and location of PSM. In the univariate analysis, the weight of prostate was
statistically significantly associated with the odds of BCR (P = 0.027, 95% CI
1.00-1.06). Bladder neck and lateral locations of PSM were negatively associated
with BCR, without exhibiting statistical significance in the multivariate
analysis. Age was negatively associated with the odds of BCR whereas
preoperative PSA, stage and Gleason score were positively associated, but did
not exhibit statistical significance in both uni- and multivariate analysis. A
low weight prostate, younger age, bladder neck and lateral location of PSM seem
to protect patients from having a BCR. On the other hand, preoperative PSA,
stage of the disease and Gleason score do contribute to the occurrence of
BCR," wrote I. Anastasiou and colleagues, University of Athens.
The researchers
concluded: "Lack of statistical significance in the above results could be
attributed to the small number of patients due to the study's low PSM
rate."
Anastasiou and
colleagues published their study in International Urology and Nephrology
(Prognostic factors identifying biochemical recurrence in patients with
positive margins after radical prostatectomy. International Urology and
Nephrology, 2011;43(3):715-720).
For additional
information, contact I. Anastasiou, University of Athens, School Medical, Dept.
of Pathology, GR-11527 Athens, Greece.
The publisher's
contact information for the journal International Urology and Nephrology is:
Springer, Van Godewijckstraat 30, 3311 Gz Dordrecht, Netherlands.
PSM Holdings signs
LoI to buy Iowa Mortgage Professionals
M&A Navigator: 26 August 2011
[What follows is the full text of the news story.]
26 August 2011 -
US mortgage brokerage services provider PSM Holdings (OTCBB:PSMH) said it had
signed a letter of intent to buy sector player Iowa Mortgage Professionals.
No financial
details were given. Randy Stevens, the current owner of Iowa Mortgage
Professionals, will get PSM Holdings stock as a deal consideration.
The closing,
planned for 1 October, is pending additional talks and reaching of a definitive
agreement.
Country: , USA
Sector:
Banking/Financial Services
Target: Iowa
Mortgage Professionals Inc
Buyer: PSM
Holdings Inc
Vendor: Randy
Stevens
Type: Corporate
acquisition
Financing:
All-stock
Status:
Exclusivity
Comment: LoI
((Comments on this
story may be sent to info@m2.com))
PSM Holdings, Inc.
to Acquire Iowa Mortgage Professionals, Inc.
PR Newswire US: 25 August 2011
[What follows is the full text of the news story.]
DES MOINES, Iowa,
Aug. 25, 2011 /PRNewswire/ -- PSM Holdings, Inc. (OTCBB: PSMH-OB), is pleased
to announce it has entered into a Letter of Intent (LOI) to purchase Iowa
Mortgage Professionals, Inc. Iowa Mortgage Professionals is a very successful mortgage
banking and brokerage company based in Des Moines, Iowa.
According to the
terms of the LOI, Iowa Mortgage Professionals, Inc., will be acquired by UCMC,
a wholly owned subsidiary of Prime Source Mortgage, Inc., and its parent
company, PSMH. At the closing of the transaction, Iowa Mortgage Professionals
shareholder, Randy Stevens, will receive common shares of PSMH. The closing of
the transaction is subject to further negotiations and the execution of a
definitive agreement between the parties. The closing is tentatively scheduled
for October 1, 2011.
Jeffrey R. Smith,
President/CEO of UCMC and VP of PSMH, commented, "What a pleasure it is to
be associated with such a high quality operation like Iowa Mortgage
Professionals. Randy Stevens and his entire team will bring tremendous value to
our organization. We look forward to a long and mutually beneficial
relationship."
For more
information regarding this press release, please click on the links below.
http://www.psmholdings.com/newsroom/psm-holdings-inc-to-acquire-iowa-mortgage-professionals-inc
About PSM
Holdings, Inc.
PSM Holdings,
Inc., through its wholly owned subsidiary, PrimeSource Mortgage, Inc. (PSMI)
provides mortgage brokerage and banking services across the United States. PSMI
is currently licensed in 19 states across the United States, and oversees the
operations of more than 30 branches. �For more information, visit
http://www.psmholdings.com.
Forward-Looking
Statements:
Certain statements
contained herein, including, without limitation, statements containing the
words "believes," "intends" and other words of similar
import, constitute "forward-looking statements" within the meaning of
Section 7A of Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Such statements include but are
not limited to that we are in the process of furthering several of the key
milestones we achieved last year and creating new growth opportunities for PSM
Holdings, Inc. and its subsidiaries, and that we will continue to enter new
projects and strategic partnerships in 2011. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors, which may
cause the actual results, performance or achievements of PSM Holdings, Inc. to
be materially different from any future results, performance or achievements
expressed or implied by such forward-looking statements. Given these
uncertainties, readers are cautioned not to place undue reliance on such
forward-looking statements. PSM Holdings, Inc. disclaims any obligation to
update or to announce publicly the results of any revision of the
forward-looking statements contained or incorporated by reference herein to
reflect future events or developments.
Contact:
Ron W. Hanna, President and CEO
575-257-2339
rhanna@wewalkyouhome.com
SOURCE PSM
Holdings, Inc.
Chance to stake
claim before rush
Northern Territory News (Australia): 24 August 2011
[What follows is the full text of the news story.]
TAKE advantage of
this popular development land in Berrimah.
The land is just
off Berrimah Rd only minutes from the East Arm, Australasia railway, Berrimah
Freight Terminal and much more.
Buy now and beat
the rush when Inpex is started.
The owner will
build to your requirements if needed but get in quickly as there are not many
blocks left in this area.
* Land Development
Area: 2750sq m; 10,000sq m approximately
* Zone: Darwin
development.
* Very popular
land for sale.
* For sale:
$240.00psm plus GST
* Buy before the
gas project.
Contact LJ
Commercial
Darwin on (08)
8924 0977.
German Psm offers
repowering services
ADP Renewable Energy Track: 23 August 2011
[What follows is the full text of the news story.]
(SeeNews) - Aug
23, 2011 - German Psm Nature Power Service & Management GmbH & Co. KG has
expanded its product range, launching repowering services for wind power
plants.
The services
include secure dismantling and loading of the power plants, the company said.
Transport, storage
coordination and the marketing of the wind power plants as a whole or as spare
parts can be included in the service by request.
So far, 20 wind
power plants have been dismantled and further 11 facilities will follow by
October.
The repowering
market is still in its early stages of development and demand is expected to
grow in the next few years, Psm manager Torsten Stoll said.
Source:
PSM Holdings to Purchase Iowa Mortgage Professionals
Professional
Services Close-Up
30 August 2011
|
[What follows is
the full text of the article.] PSM Holdings, Inc.,
announced it has entered into a Letter of Intent (LOI) to purchase Iowa
Mortgage Professionals, Inc., a mortgage banking and brokerage company based
in Des Moines, Iowa. According to the
terms of the LOI, Iowa Mortgage Professionals, Inc., will be acquired by
UCMC, a subsidiary of Prime Source Mortgage, Inc., and its parent company,
PSMH. At the closing of the transaction, Iowa Mortgage Professionals
shareholder, Randy Stevens, will receive common shares of PSMH. The closing
of the transaction is subject to further negotiations and the execution of a
definitive agreement between the parties. The closing is tentatively
scheduled for October 1. Jeffrey R.
Smith, President/CEO of UCMC and VP of PSMH, said, "What a pleasure it
is to be associated with such a high quality operation like Iowa Mortgage
Professionals. Randy Stevens and his entire team will bring tremendous value
to our organization. We look forward to a long and mutually beneficial
relationship." PSM Holdings
provides mortgage brokerage and banking services across the United States. More
Information: www.psmholdings.com ((Comments on
this story may be sent to newsdesk@closeupmedia.com))
|
|
UNITED STATES : PSM Holdings, Inc. Acquires Founders Mortgage
TendersInfo News
09 July 2011
|
[What follows is
the full text of the article.] PSM Holdings,
Inc. has acquired Founders Mortgage of St. Louis, Missouri, effective July 1,
2011. At the closing, Founders Mortgage, LLC., was merged into UCMC, a wholly
owned subsidiary of PSMI. PSMI is a wholly owned subsidiary of PSMH. Mr.
Peter Gubany, the President of Founders Mortgage, received 250,000 shares of
PSMH common stock for his equity position in Founders Mortgage, LLC. Founders
Mortgage has been doing business in St. Louis for five years. Currently, they
have eight employees and originate between five and seven million dollars in
loan production per month. Ron Hanna, President and CEO of PSMH stated:
"The acquisition of Founders will add significant value to our company
and shareholder base. Founders is a very professional mortgage operation and
offers world class service to its clients. We are very proud to have the
Founders team as part of our Prime Source family." About PSM
Holdings, Inc.: PSM Holdings, Inc., through its wholly owned subsidiary,
PrimeSource Mortgage, Inc. (PSMI) provides mortgage brokerage and banking
services across the United States. PSMI is currently licensed in 19 states
across the United States, and oversees the operations of more than 30
branches. Copyright 2011
Euclid Infotech Pvt. Ltd., distributed by Contify.com
|
|
PSM Holdings and Brookside Mortgage Ink Definitive Agreement
Professional Services Close-Up
15 June 2011
|
[What follows is
the full text of the article.] PSM Holdings,
Inc. (PSMH) announced that it has entered into an Agreement and Plan of
Merger with Brookside Mortgage of Tulsa, Oklahoma. According to a
release, at closing, Brookside Mortgage, LLC will be merged into UCMC, a subsidiary
of PSMI, which is a wholly owed subsidiary of PSMH. The closing is scheduled
for on or before July 1. Greg Mahaney and Michael Thompson, the principals of
Brookside Mortgage, will receive 800,000 shares of PSMH in exchange for all
the outstanding equity securities of Brookside. In addition, Mahaney will sit
on the Board of Directors of PSMH. The closing of the transaction is subject
to certain conditions, including no material changes in the business or
financial condition of the entities. Jeff Smith,
President of PSMI, stated, "We are very fortunate to acquire such a
professional, mature, and profitable organization like Brookside. PSMI's
motto of 'We Walk You Home' is very much in keeping with the high standards
of service Brookside has offered its clients for years. We look forward to a
long and mutually profitable relationship with Brookside." PSM Holdings,
Inc., through its subsidiary, PrimeSource Mortgage, Inc. (PSMI) provides
mortgage brokerage and banking services across the United States. More
Information: psmholdings.com ((Comments on
this story may be sent to newsdesk@closeupmedia.com))
|
|
UNITED STATES : PSM Holdings, Inc. and Brookside Mortgage LLC Sign
Definitive Agreement
TendersInfo News
11 June 2011
|
[What follows is
the full text of the article.] PSM Holdings
Inc., has entered into an Agreement and Plan of Merger with Brookside
Mortgage of Tulsa, Oklahoma. At closing, Brookside Mortgage, LLC will be merged
into UCMC a wholly owned subsidiary of PSMI, which is a wholly owed
subsidiary of PSMH. The closing is scheduled for on or before July 1, 2011.
Mr. Greg Mahaney and Mr. Michael Thompson, the principals of Brookside
Mortgage, will receive 800,000 shares of PSMH in exchange for all the
outstanding equity securities of Brookside. In addition, Mr. Mahaney will sit
on the Board of Directors of PSMH. The closing of the transaction is subject
to certain conditions, including no material changes in the business or
financial condition of the entities. Jeff Smith,
President of PSMI, stated, "We are very fortunate to acquire such a
professional, mature, and profitable organization like Brookside. PSMI's
motto of: "We Walk You Home", is very much in keeping with the high
standards of service Brookside has offered its clients for years. We look
forward to a long and mutually profitable relationship with Brookside." About PSM
Holdings, Inc.: PSM Holdings, Inc., through its wholly owned subsidiary,
PrimeSource Mortgage, Inc. (PSMI) provides mortgage brokerage and banking
services across the United States. PSMI is currently licensed in 19 states
across the United States, and oversees the operations of more than 30
branches. Copyright 2011
Euclid Infotech Pvt. Ltd., distributed by Contify.com
|
|
PSM Holdings, Inc. to Purchase American Trust Mortgage
Wireless News
30 March 2011
|
[What follows is
the full text of the article.] PSMH, Inc., a mortgage
banking and brokerage company in the Southwest, announced that it has signed
a Letter of Intent (LOI) to acquire American Trust Mortgage, Inc. (ATMI), a
successful mortgage brokerage company based outside Boston, Massachusetts. Under the terms
of the LOI, the Company said ATMI will be acquired by PSMH and become a
subsidiary of PrimeSource Mortgage, Inc. (PSMI), the mortgage banking
subsidiary of PSMH. Upon the closing of the transaction, ATMI shareholders
will receive common shares from PSMH. This acquisition will further expand
the company's national footprint throughout the New England states. Also at
closing, Paul Mignone, the primary shareholder, will join the board of
directors of PSMH. According to a
release, closing of the transaction is subject to further negotiations and
the execution of a definitive agreement between the parties. It is
anticipated the closing will occur in the next 40 days. The shares to be
issued in this transaction will not have been registered under the Securities
Act and may not be offered or sold absent registration or applicable
exemption from registration requirements. Jeff Smith,
President of PSMI, commented, "We are thrilled about this acquisition.
ATMI is a quality operation that will be a significant part of our new
mortgage banking network. In addition, having Paul join our management team
will be invaluable to our growth in the very near future." PSM Holdings,
Inc., through its subsidiary, PrimeSource Mortgage, Inc. (PSMI), provides
mortgage brokerage and banking services across the United States. More
information: www.psmholdings.com ((Comments on
this story may be sent to newsdesk@closeupmedia.com))
|
PSM Sets Deal for American Mortgage
American Banker
25 March 2011
By Brad Finkelstein
|
[What follows is
the full text of the article.] PSM Holdings
Inc. of Roswell, N.M., is making its second deal in the Northeast in recent
weeks, having entered into a letter of intent to purchase American Trust
Mortgage Inc., a mortgage broker in the Boston area. PSM, which
announced the deal Wednesday, intends to issue 857,143 shares of common stock
to the shareholders of American Trust at the closing of the proposed
transaction, according to a Securities and Exchange Commission filing
Thursday. A definitive
agreement should be signed within 30 days. American Trust will become a
subsidiary of PrimeSource Mortgage Inc. The parties intend to negotiate an
employment agreement for the key shareholder of American Trust, Paul Mignone,
to join PSM at closing. Last week, PSM
completed its purchase of United Community Mortgage Corp., a Federal Housing
Administration-approved mortgage banker in New York and New Jersey. UCMC's sole
shareholder, Edward Kenmure, received 2.4 million shares of PSM common stock
as part of the deal; an SEC filing said he now owns 14% of the company. The filing said
that Kenmure also entered into a full-time employment agreement with
PrimeSource to serve as vice-president. PSM previously
said one of the motivations for the deal was to become an FHA-approved
lender.
|
|
PSM Holdings Buys United Community Mortgage
Professional Services Close-Up
22 March 2011
|
[What follows is
the full text of the article.] PSM Holdings,
Inc. (PSMH) said it has completed the acquisition of United Community
Mortgage Corp. (UCMC). In a release on
March 16, PSMH said that within the transaction, Edward Kenmure, its sole
shareholder, has been named Vice President of PrimeSource Mortgage, Inc.
(PSMI), a subsidiary of PSMH, and elected to the board of directors of PSM
Holdings. UCMC has become
a subsidiary of PSMI and provides a significant presence for the company in
New York and New Jersey. Kenmure received 2,392,858 PSMH shares in exchange
for all the outstanding equity securities of UCMC. The closing of the
transaction was effective March 15. Ron Hanna,
President and CEO of PSMH, said: "We are very pleased about this
acquisition and what it means for the company. As a full-eagle mortgage
banking company licensed in four (4) additional states including New Jersey,
New York, South Carolina and Florida, this creates a foundation for the
future growth of our company. We expect to see significant growth in the New
York and New Jersey market place." Kenmure, new
member of the PSMH board of directors, said, "I am pleased to announce
my association with PSMI and PSMH. I believe joining a larger mortgage
banking network, and the public nature of PSMH, will greatly enhance my
mortgage business and I look forward to our long-term relationship." PSM Holdings,
through its subsidiary, PrimeSource Mortgage, provides mortgage brokerage and
banking services across the United States. PSMI is currently licensed in 19
states across the United States, and oversees the operations of more than 30
branches. More
information: http://www.psmholdings.com ((Comments on
this story may be sent to newsdesk@closeupmedia.com))
|
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.48.92 |
|
|
1 |
Rs.76.52 |
|
Euro |
1 |
Rs.66.64 |
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.