MIRA
INFORM REPORT
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Report Date : |
26.05.2012 |
IDENTIFICATION DETAILS
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Name : |
CANFOR WOOD PRODUCTS MRKTNG |
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Registered Office : |
1700 75 Ave W, |
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Country : |
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Date of Incorporation : |
Not Available |
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Legal Form : |
Private Branch Company |
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Line of Business : |
Subject is engaged in the wholesale distribution of rough, dressed, and finished lumber (but not timber); plywood; reconstituted wood fiber products; doors and windows and their frames (all materials); wood fencing; and other wood or metal millwork |
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No. of Employees : |
140 |
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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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 – March 31st, 2012
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Country Name |
Previous Rating (31.12.2011) |
Current Rating (31.03.2012) |
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Canada |
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 & address
Canfor Wood Products Mrktng
1700 75 Ave W
Ste 100
Vancouver, BC V6P 6G2
Canada
Tel: 604-261-5111
Fax: 604-661-5484
Synthesis
Employees: 140
Company Type: Private Branch
Corporate Family: 31
Companies
Ultimate Parent: Canfor
Corporation
Financials in: USD (Millions)
Reporting Currency: Canadian
Dollar
Annual Sales: 155.8
Total Assets: NA
Business Description
Establishments, with or without yards, primarily engaged in the wholesale distribution of rough, dressed, and finished lumber (but not timber); plywood; reconstituted wood fiber products; doors and windows and their frames (all materials); wood fencing; and other wood or metal millwork.
Industry
Industry Construction - Supplies and Fixtures
ANZSIC 2006: 3331 - Timber
Wholesaling
NACE 2002: 5153 - Wholesale
of wood, construction materials and sanitary equipment
NAICS 2002: 423310 - Lumber,
Plywood, Millwork, and Wood Panel Merchant Wholesalers
UK SIC 2003: 5153 - Wholesale
of wood, construction materials and sanitary equipment
US SIC 1987: 5031 - Lumber,
Plywood, Millwork, and Wood Panels
Key Executives
Name Title
Don Kayne President
ABI Number: 020139135
1 - Profit & Loss Item Exchange Rate: USD 1 = CAD 1.001642
2 - Balance Sheet Item Exchange Rate: USD 1 = CAD 0.9624
Corporate Overview
Location
1700 75 Ave W
Ste 100
Vancouver, BC, V6P 6G2
Canada
Tel: 604-261-5111
Fax: 604-661-5484
Sales CAD(mil): 156.0
Assets CAD(mil): NA
Employees: 140
Industry: Construction - Supplies and Fixtures
Company Type: Private Branch
Quoted Status: Not
Quoted
President: Don
Kayne
Contents
Industry Codes
Business Description
Financial Data
Additional Information
Industry Codes
ANZSIC 2006 Codes:
3331 - Timber Wholesaling
1411 - Log Sawmilling
NACE 2002 Codes:
5153 - Wholesale of wood, construction materials and sanitary
equipment
2010 - Saw milling and planing of wood, impregnation of wood
NAICS 2002 Codes:
423310 - Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers
321912 - Cut Stock, Resawing Lumber, and Planing
US SIC 1987:
5031 - Lumber, Plywood, Millwork, and Wood Panels
2421 - Sawmills and Planing Mills, General
UK SIC 2003:
5153 - Wholesale of wood, construction materials and sanitary
equipment
2010 - Saw milling and planing of wood, impregnation of wood
Business
Description
Establishments, with or without yards, primarily engaged in the
wholesale distribution of rough, dressed, and finished lumber (but not timber);
plywood; reconstituted wood fiber products; doors and windows and their frames
(all materials); wood fencing; and other wood or metal millwork.
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Credit Report as of 07/01/2011
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Location |
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1700 75 Ave W Ste:100 |
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County: |
Greater Vancouver |
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Phone: |
604-261-5111 |
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Fax: |
604-661-5484 |
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ABI©: |
020139135 |
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Annual Sales: |
$156,026,000 (CAD) |
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Employees: |
140 |
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Business Type: |
Private |
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Location Type: |
Branch |
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Corp. Affiliation: |
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Primary Line of
Business: |
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SIC: |
5031-09 - Lumber-Wholesale |
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NAICS: |
423310 - Lumber & Wood Merchant Whols |
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Secondary Lines of
Business: |
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SICs: |
2421-01 - Lumber-Manufacturers |
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5031-14 - Building Materials-Wholesale |
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NAICS: |
321912 - Cut Stock, Resawing Lumber, & Planing |
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Corporate Family |
Corporate
Structure News: |
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Canfor Wood Products Mrktng |
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Company Name |
Company Type |
Location |
Country |
Industry |
Sales |
Employees |
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Canfor Corporation |
Parent |
Vancouver, BC |
Canada |
Forestry and Wood Products |
2,447.8 |
4,730 |
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Canfor Pulp & Paper Marketing |
Branch |
Vancouver, BC |
Canada |
Paper and Paper Products |
204.1 |
300 |
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Canadian Forest Products Ltd. |
Subsidiary |
Vancouver, BC |
Canada |
Forestry and Wood Products |
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200 |
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Canadian Forest Products LTD |
Branch |
Woss, BC |
Canada |
Forestry and Wood Products |
136.4 |
480 |
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Canadian Forest Products - Englewood Logging |
Unit |
Woss, BC |
Canada |
Forestry and Wood Products |
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400 |
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Canadian Forest Products LTD |
Branch |
Quesnel, BC |
Canada |
Construction - Supplies and Fixtures |
367.2 |
330 |
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Unit |
Prince George, BC |
Canada |
Paper and Paper Products |
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310 |
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Canadian Forest Products LTD |
Branch |
Vanderhoof, BC |
Canada |
Forestry and Wood Products |
89.9 |
276 |
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Canadian Forest Products LTD |
Branch |
Prince George, BC |
Canada |
Forestry and Wood Products |
80.5 |
250 |
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Canadian Forest Products LTD |
Branch |
Prince George, BC |
Canada |
Forestry and Wood Products |
65.2 |
200 |
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Canadian Forest Products - Clear Lake |
Unit |
Prince George, BC |
Canada |
Forestry and Wood Products |
65.2 |
200 |
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Canadian Forest Products LTD |
Branch |
Radium Hot Springs, BC |
Canada |
Forestry and Wood Products |
64.4 |
200 |
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Canadian Forest Products - Grande Prairie |
Unit |
Grande Prairie, AB |
Canada |
Forestry and Wood Products |
7.7 |
200 |
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Canadian Forest Products - Chetwynd |
Unit |
Chetwynd, BC |
Canada |
Forestry and Wood Products |
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180 |
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Canfor Panel & Fibre |
Unit |
New Westminster, BC |
Canada |
Retail (Home Improvement) |
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144 |
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Produits Forestiers Anticosti |
Branch |
Port-Menier, QC |
Canada |
Forestry and Wood Products |
30.2 |
120 |
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Canadian Forest Products LTD |
Branch |
Taylor, BC |
Canada |
Paper and Paper Products |
75.4 |
110 |
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Canadian Forest Products - Isle Pierre |
Unit |
Prince George, BC |
Canada |
Forestry and Wood Products |
39.1 |
100 |
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Canfor U.S.A. |
Subsidiary |
Bellingham, WA |
United States |
Forestry and Wood Products |
29.8 |
75 |
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J D Little Forest Ctr |
Branch |
Prince George, BC |
Canada |
Forestry and Wood Products |
14.1 |
50 |
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Canadian Forest Products LTD |
Branch |
Fort St. John, BC |
Canada |
Forestry and Wood Products |
5.9 |
18 |
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Canadian Forest Products LTD |
Branch |
Sherwood Park, AB |
Canada |
Trucking |
3.0 |
16 |
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Bois Daaquam Inc |
Branch |
Quebec, QC |
Canada |
Construction - Supplies and Fixtures |
5.6 |
5 |
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Produits Forestiers Anticosti |
Branch |
Quebec, QC |
Canada |
Construction - Supplies and Fixtures |
3.4 |
3 |
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Canfor Corporation-Polar Division |
Division |
Bear Lake, BC |
Canada |
Forestry and Wood Products |
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200 |
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Canfor Wood Products Mrktng |
Branch |
Vancouver, BC |
Canada |
Construction - Supplies and Fixtures |
155.8 |
140 |
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Canfor Administration Centre |
Branch |
Prince George, BC |
Canada |
Forestry and Wood Products |
68.0 |
100 |
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Chemtrade Pulp Chemicals Limited |
Subsidiary |
Prince George, BC |
Canada |
Chemical Manufacturing |
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40 |
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Canfor |
Branch |
Vavenby, BC |
Canada |
Forestry and Wood Products |
4.4 |
10 |
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Canfor Europe |
Subsidiary |
Bruxelles |
Belgium |
Paper and Paper Products |
0.4 |
7 |
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Canfor Japan Corporation |
Subsidiary |
Tokyo |
Japan |
Construction - Supplies and Fixtures |
1.0 |
5 |
Executive report
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
Rs.55.73 |
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UK Pound |
1 |
Rs.87.26 |
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Euro |
1 |
Rs.69.84 |
INFORMATION DETAILS
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Report Prepared
by : |
MNL |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NB |
New Business |
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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.