|
Report Date : |
07.01.2013 |
IDENTIFICATION DETAILS
|
Name : |
NEALANDERS INTERNATIONAL INC. |
|
|
|
|
Registered Office : |
6980 Creditview Road, Mississauga, Ontario L5N 8E2 |
|
|
|
|
Country : |
Canada |
|
|
|
|
Date of Incorporation : |
09.11.1989 |
|
|
|
|
Legal Form : |
Corporation – Profit |
|
|
|
|
Line of Business : |
Manufactures and distributes ingredients and additives to the food industry |
|
|
|
|
No. of Employees : |
180 |
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 |
|
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 – June 30th, 2012
|
Country Name |
Previous Rating (31.03.2011) |
Current Rating (30.06.2012) |
|
Canada |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
CANADA - ECONOMIC OVERVIEW
As an affluent, high-tech industrial society in the
trillion-dollar class, Canada resembles the US in its market-oriented economic
system, pattern of production, and affluent living standards. Since World War
II, the impressive growth of the manufacturing, mining, and service sectors has
transformed the nation from a largely rural economy into one primarily
industrial and urban. The 1989 US-Canada Free Trade Agreement (FTA) and the
1994 North American Free Trade Agreement (NAFTA) (which includes Mexico) touched
off a dramatic increase in trade and economic integration with the US its
principal trading partner. Canada enjoys a substantial trade surplus with the
US, which absorbs about three-fourths of Canadian exports each year. Canada is
the US's largest foreign supplier of energy, including oil, gas, uranium, and
electric power. Given its great natural resources, highly skilled labor force,
and modern capital plant, Canada enjoyed solid economic growth from 1993
through 2007. Buffeted by the global economiccrisis, the economy dropped into a
sharp recession in the final months of 2008, and Ottawa posted its first fiscal
deficit in 2009 after 12 years of surplus. Canada's major banks, however,
emerged from the financial crisis of 2008-09 among the strongest in the world,
owing to the financial sector's tradition of conservative lending practices and
strong capitalization. Canada achieved marginal growth in 2010 and 2011 and
plans to balance the budget by 2015. In addition, the country's petroleum
sector is rapidly becoming an even larger economic driver with Alberta's oil
sands significantly boosting Canada's proven oil reserves, ranking the country
third in the world behind Saudi Arabia and Venezuela.
Source : CIA
NEALANDERS INTERNATIONAL INC.
Address: 6980 Creditview Road, Mississauga, Ontario L5N
8E2 - Canada
Telephone: +1 905-812-7300
Fax: +1 905-812-7308
Website: www.nealanders.com
Corporate ID#: 001882622
State: Ontario
Judicial form: Corporation – Profit
Date incorporated: October
1, 2012
Date founded: November 9, 1989
Stock: -
Value: -
Name of manager: Mario
FLEURY
Business:
Nealanders International Inc. manufactures and distributes ingredients
and additives to the food industry in North America.
The company’s products include food grade antioxidants and antioxidant
solutions, release agents, preservatives, vitamin and mineral premixes, and
bakery concentrates; skim milk powders and replacers, whey powders, liquid
products, greases, and emulsions; and canola, soybean, cottonseed, corn,
coconut, sunflower, olive, peanut, palm,
pan, and divider oils.
It also offers ingredients, including lecithins and lecithin blends,
botanical extracts, emulsifiers, enzymes, flax oil, and weighing agents; and
dry and liquid sugar, sucrose, glucose, corn syrups, liquid and dry sorbitol,
molasses, and honey substitutes.
The company’s products are used in food products, fats and oils, pet
foods, cosmetics and personal care, nutrition bars, and rendered products; and
bread and bagels, tortillas, pastries and pies, and bakery glazes, as well as
in meat processing, confectionery, and cereal applications.
It serves customers in various industries, including nutritional,
baking, confection, food processing, food service, dairy, dry blending, and
pharmaceutical. Nealanders International Inc. was founded in 1989 and is headquartered
in Mississauga, Canada with an additional office in Montreal, Canada and the
United States.
It operates manufacturing facilities in Montreal, Canada; and Elgin,
Illinois. As per the transaction announced on October 2, 2012, Nealanders International Inc. operates as a
subsidiary of Caldic B.V.
Suppliers include:
FONTERRA LIMITED
9 Princes Auckland New Zealand
QINGDAO CPI INTERNATIONAL CO., LTD.
NO.15 Donghai West Road, Qingdao, China
Staff: 180
Operations & branches:
At the headquarters, we
find the corporate headquarters, including a warehouse and office, owned.
The Company maintains
branches located:
#201-7950 Huston Rd
Delta, BC V4G 1C2
Phone: (604) 940 4181
Fax: (604) 904-4180
1870 Boulevard St-Regis
Dorval, Quebec H9P 1H6
Phone: (514) 684 2120
Fax: (514) 684-7424
Shareholders:
1661899 ONTARIO LIMITED
66 Wellington Street West, 10th floor
Toronto, Ontario M4K 1A2
Canada
Which is a wholly owned subsidiary of:
CALDIC B.V.
Blaak 22
Rotterdam, 3011 TA
Netherlands
Caldic B.V. operates as a food distributor in Europe.
It distributes food products and ingredients, such as ingredients,
additives, spices, herbs, hydrocolloids, and related products. In addition, it
produces formaldehyde, glycol based brake fluids, and coolant concentrates.
The company offers a range of intermediate processing services, such as
grinding, sieving, mixing, compacting, coating, fractionating, hydrophobising, dissolving,
blending, emulsifying, dispersing, filtration, distillation, tailor made
formulations, and analytical and application laboratory services. It has
production plants in Zevenbergen and Rotterdam Europoort, the Netherlands.
Caldic B.V. was founded in 1970 and is based in Rotterdam, the Netherlands with
locations in Belgium, France, Germany, Italy, the Netherlands, Spain, Thailand,
the United Kingdom, China, and Vietnam.
Management:
Mario FLEURY, President
Kevin GODWIN, Secretary and Treasurer
Directors include Daryl HOLMES, Joseph NEALON, and Mark CUMMING.
Subsidiaries
And partnership:
FOOD INGREDIENTS, INC.
dba NEALANDERS US FOOD INGREDIENTS
2425 Alft Lane
Elgin, IL 60124
Phone: (847) 468 0001
Fax: (847) 488-0007
Incorporated in Illinois on
04-24-1973
ID# 50225356
In United States and
Canada, privately held corporations are not required to publish any financials.
On a direct call, a
financial assistant controlled the present report.
Sales declared for year 2011
is in the range of CAD 180,000,000=
The business is said to be
profitable.
Banks: Scotia Bank
...
Legal filings & complaints:
As of today date, there is no legal filing pending with the Courts.
Secured debts summary: None