MIRA INFORM REPORT

 

 

Report Date :           

19.10.2011

 

IDENTIFICATION DETAILS

 

Name :

GEA PROCESS ENGINEERING INC

 

 

Registered Office :

9165 Rumsey Rd, Columbia, MD 21045-1929

 

 

Country :

United States 

 

 

Year of Establishment :

1974

 

 

Legal Form :

Private Subsidiary Company

 

 

Line of Business :

Subject offer systems and solutions for powder and liquid processing

 

RATING & COMMENTS

 

MIRA’s Rating :

Ba

 

RATING

STATUS

PROPOSED CREDIT LINE

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

Satisfactory

 

Maximum Credit Limit :

$25,000 (USD)

Status :

Satisfactory

Payment Behaviour :

No Complaints

Litigation :

Clear

 


NOTES :

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

 

 

ECGC Country Risk Classification List – September 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

United States 

a1

a1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


Company name & address

 

Gea Process Engineering Inc

9165 Rumsey Rd

Columbia, MD 21045-1929

United States

Tel:       410-997-8700

Fax:      410-997-5021

Web     www.niroinc.com 

 

 

synthesis

 

Employees:                  175

Company Type:             Private Subsidiary

Corporate Family:          9 Companies

Ultimate Parent:             Visa Europe

Incorporation Date:         1974

Financials in:                 USD (Millions)

Reporting Currency:       US Dollar

Annual Sales:               36.2

Total Assets:                 NA

 

 

Business Description

 

GEA Process Engineering is a full-service company that offers systems and solutions for powder and liquid processing. The company provides processing systems for drying, granulation, agglomeration, coating, evaporation, distillation, crystallization, filtration, tableting, mixing, containment, cleaning and fermentation. It offers products and services through various business units, such as chemical, evaporator, pharma systems, custom fabrication and food and dairy dryers. It also offers secondary services, such as testing, custom fabrication, and design and engineering. The company serves several industries, including pharmaceutical, biotechnology, beverage, brewery, nutritional, sugar, starch, pulp and paper.

 

 

Industry

 

Industry            Engineering Consultants

ANZSIC 2006:    6923 - Engineering Design and Engineering Consulting Services

NACE 2002:      7420 - Architectural and engineering activities and related technical consultancy

NAICS 2002:     541330 - Engineering Services

UK SIC 2003:    7420 - Architectural and engineering activities and related technical consultancy

US SIC 1987:    8711 - Engineering Services




           

Key Executives  

(Emails Available)       

 

Name

Title

Steven Kaplan

President

Tim Huntley

Controller

Steve Lancos

Sales VP

Eric Reverski

IT Director

Daniel Miller

Facilities Manager

 

ABI Number: 815674684

 

 

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

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

 

 

Corporate Overview

 

Location

9165 Rumsey Rd

Columbia, MD, 21045-1929

Howard County

United States

Tel:       410-997-8700

Fax:      410-997-5021

Web:    www.niroinc.com

           

Sales USD(mil):             36.2

Assets USD(mil):           NA

Employees:                   175

Industry:                        Engineering Consultants

Incorporation Date:         1974

Company Type:             Private Subsidiary

Quoted Status:              Not Quoted

President:                     Steven Kaplan

 

Contents

·         Industry Codes

·         Business Description

·         Product Codes

·         Financial Data

·         Additional Information


Industry Codes

 

ANZSIC 2006 Codes:

6923     -          Engineering Design and Engineering Consulting Services

 

NACE 2002 Codes:

7420     -          Architectural and engineering activities and related technical consultancy

 

NAICS 2002 Codes:

541330  -          Engineering Services

 

US SIC 1987:

8711     -          Engineering Services

 

UK SIC 2003:

7420     -          Architectural and engineering activities and related technical consultancy

 

Business Description

GEA Process Engineering is a full-service company that offers systems and solutions for powder and liquid processing. The company provides processing systems for drying, granulation, agglomeration, coating, evaporation, distillation, crystallization, filtration, tableting, mixing, containment, cleaning and fermentation. It offers products and services through various business units, such as chemical, evaporator, pharma systems, custom fabrication and food and dairy dryers. It also offers secondary services, such as testing, custom fabrication, and design and engineering. The company serves several industries, including pharmaceutical, biotechnology, beverage, brewery, nutritional, sugar, starch, pulp and paper.

 

More Business Descriptions

Manufacturer of liquid and powder processing equipment including agglomerization, evaporation, drying, filtration, granulation, homogenization, packaging systems and freeze drying systems. Subsidiary holding company with high-tech units involved in the manufacturing of filtration and separation equipment. Products are sold to chemical, food, pharmaceutical, beverage, dairy and biotech industries.

 

Product Codes

Product Code    Product Description

MAN-CH           Chemical drying equipment

TAM-SC-LD       Food drying equipment

TAM-SC-LW      Chemical processing equipment

ZZZ-SH Subsidiary/Holding company

 

Financial Data

Financials in:

USD(mil)

 

Revenue:

36.2

1 Year Growth

NA

 

Additional Information

ABI Number:

815674684

 

 

 

 

 

 


 

 

 

Credit Report as of 07/01/2011

 

Location

9165 Rumsey Rd
Columbia, MD 21045-1929
United States

 

County:

Howard

MSA:

Baltimore, MD

 

Phone:

410-997-8700

Fax:

410-997-5021

 

ABI©:

815674684

 

Annual Sales:

$36,225,000 (USD)

Employees:

175

 

Facility Size(ft2):

40,000+

 

Business Type:

Private

Location Type:

Single Location

 

Recommended credit limit *

   $25,000 (USD)

 

Primary Line of Business:

SIC:

8711-11 - Engineers-Consulting

NAICS:

541330 - Engineering Svcs

 

Table of Contents

Profile Links

Similar Businesses in the Area

Closest Neighbors

 

External Links

Similar Businesses in the Area *

 


Combustion Science & Engnrng

8940 State Route 108 Ste: L

Columbia, MD 21045-2129         

 

Construction Technology Labs

9030 Red Branch Rd Ste: 110

Columbia, MD 21045-2003         

 

Atlantic Design Group Inc

8940 State Route 108 Ste: F

Columbia, MD 21045-2129

 

Geotechnical Laboratories Inc

8980 State Route 108 Ste: D

Columbia, MD 21045-2115         

 

Engineering & Technical Cnslnt

8930 State Route 108

Columbia, MD 21045-2121         

 

ATC Associate Inc

9231 Rumsey Rd

Columbia, MD 21045-1924

 

Enterprise Info

9002 Red Branch Rd

Columbia, MD 21045-2111         

 

Pure Technologies Inc

8920 State Route 108 Ste: D

Columbia, MD 21045-2397         

 

Progressive Engineering

9160 Red Branch Rd Ste: E9

Columbia, MD 21045-2002

 

   * Similar Businesses are defined as the closest businesses sharing the same six-digit primary SIC code ( 8711-11 - Engineers-Consulting) regardless of size.

 

Closest Neighbors

Arirang Adult Medical Day Care Center

9170 Rumsey Rd Ste: C5

Columbia, MD 21045-2037         

 

Coreworks Inc

9160 Rumsey Rd Ste: B4

Columbia, MD 21045-2034

 

 

Corporate Family

Corporate Structure News:

 

Gea Process Engineering Inc


Total Corporate Family Members: 9 

 

 

Company Name

Company Type

Location

Country

Industry

Sales
(USD mil)

Employees

 

Visa Europe

Parent

 

 

 

 

 

 

Gea

Division

Hudson, WI

United States

Miscellaneous Capital Goods

42.0

210

 

GEA Grasso GmbH

Subsidiary

Berlin

Germany

Miscellaneous Capital Goods

35.1

190

 

Gea Process Engineering Inc

Subsidiary

Columbia, MD

United States

Engineering Consultants

36.2

175

 

Gea Erge Spirale & Soramat

Subsidiary

Wingles

France

Miscellaneous Capital Goods

80.8

162

 

Gea Process Engineering France

Subsidiary

Montigny Le Bretonneux

France

Miscellaneous Capital Goods

79.2

149

 

Gea Iberica Sociedad Anonima.

Subsidiary

Madrid

Spain

Iron and Steel

82.5

138

 

Gea Caldemon Sa

Subsidiary

Camargo, Cantabria

Spain

Construction - Supplies and Fixtures

19.3

103

 

GEA/EXOS Ventilation AB

Subsidiary

Enkoping, Uppsala

Sweden

Miscellaneous Capital Goods

14.6

56

 

 

 

Executive report

 

Executives

 

Name

Title

Function

 

Steven Kaplan

 

President

President

 

Thorsten Vammen

 

Group Manager

Division Head Executive

 

Tim Huntley

 

Controller

Controller

 

Karen Fagen

 

Human Resources Manager

Human Resources Executive

 

Karl Delhagen

 

Regional Sales Manager

Sales Executive

 

Josh Egan

 

Component Sales Manager

Sales Executive

 

John Holloway

 

Sales Manager

Sales Executive

 

Tim Hoover

 

Business Development Director

Sales Executive

 

Steve Lancos

 

Sales VP

Sales Executive

 

Anthony Randall

 

Sales Engineer

Sales Executive

 

Madz Skaarenborg

 

Sales Manager

Sales Executive

 

Thomas Smith

 

Sales Engineer

Sales Executive

 

Mccoy Knight

 

National Marketing Manager

Marketing Executive

 

Debra Wilkenloh

 

Marketing

Marketing Executive

 

Eric Reverski

 

IT Director

Information Executive

 

Rajwinder Singh

 

Web Application Developer

Network Management Executive

 

Theodore Fix

 

Process Engineer

Engineering/Technical Executive

 

Charles Manzolillo

 

I&C Engineer

Engineering/Technical Executive

 

Edward Randel

 

Senior Process Engineer

Engineering/Technical Executive

 

Theo Reis

 

Process Engineer

Engineering/Technical Executive

 

Mark Roisum

 

Sr. Process Engineer

Engineering/Technical Executive

 

Paul Salvucci

 

Senior Instrument & Control Engineer

Engineering/Technical Executive

 

Jennifer Truong

 

Project Engineer

Engineering/Technical Executive

 

Wes Oursler

 

Warehouse, Logistics Manager

Logistics Executive

 

Daniel Miller

 

Facilities Manager

Facilities Executive

 

Jay Steinmyer

 

Purchasing Manager

Purchasing Executive

 

Doug Vezina

 

Head - Purchasing

Purchasing Executive

 

Hollis Brannon

 

Senior Project Manager

Other

 

Alan Byer

 

Validation Doc Coordinator

Other

 

Don Corby

 

Senior Designer

Other

 

Chris Healy

 

Contract Manager

Other

 

 

 

Press clippings

 

ROMANIA : GEA Process Engineering NV bags contract worth Eur 0.9 million for supplies of presses

 

TendersInfo News

20 August 2011

 

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

 

Societatea Nationala Nuclearelectrica S.A. has awarded contract to GEA Process Engineering NV for supply of presses.

 

Negotiated procedure was followed for awarding this contract. The contract is covered by the Government Procurement Agreement (GPA) and will not be sub-contracted to third party. GEA Process did bidding for the contract.

 

Financing for this contract is not done by any community funds. The contractor is not selected through an electronic auction. The criteria of lowest price was opted for awarding the contract.

 

GEA Process Engineering, Columbia, Md., acquired Nu-Con Ltd., Auckland, New Zealand

 

Beverage Industry

01 August 2011

 

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

 

GEA Process Engineering, Columbia, Md., acquired Nu-Con Ltd., Auckland, New Zealand. Nu-Con will be integrated into GEA Process Engineering under the brand name GEA Nu-Con and will be part of its Food Drying Systems Strategic Business Unit, which also includes the activities of GEA Niro, GEA Avapac and GEA Colby. The transaction remains subject to approval, but is expected to be completed no later than September.

 

IRELAND : GEA Process Engineering bags order worth 25 million from Danone Baby Nutrition

 

TendersInfo News

07 May 2011

 

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

 

Danone Baby Nutrition plans a 50 million investment plan in their production facility in Macroom, Co. Cork, Ireland. GEA Process Engineering has received an order on 25 million on expanding and upgrading the Macroom plant, as part of the investment. The investment will finance an expansion and upgrade of the existing plant and supported by the Irish Government through Enterprise Ireland.

 

The design phase of the project started in February 2011 and commercial operations will commence by the end of the first quarter 2012. The order from Danone will be managed by GEA Process Engineering s subsidiary in Ireland and act as Danone's single point of contact for companies within GEA. The Macroom plant will be the largest and most technologically advanced manufacturing centre in Danone Baby Nutrition's global network. The expansion will result in a tripling of its capacity to 100,000 tons annually, due to the creation of a new drying line at the plant. Today, 98% of Macroom s total production is exported and sold in over 60 countries worldwide.


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.49.14

UK Pound

1

Rs.77.58

Euro

1

Rs.67.58

 

 

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%)

 

 

 

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