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Report Date : |
04.10.2013 |
IDENTIFICATION DETAILS
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Name : |
QUADRO ENGINEERING CORP. |
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Registered Office : |
613 Colby Drive, Waterloo, Ontario N2V 1A1 |
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Country : |
Canada |
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Date of Incorporation : |
22.05.2007 |
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Legal Form : |
Corporation – Profit |
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Line of Business : |
Develops, manufactures, and supplies process equipment, size reduction
equipment, and screeners to the pharmaceutical, food, cosmetic/personal care,
biotechnology, and chemical industries around the world. |
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No. of Employees : |
95 |
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, 2013
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Country Name |
Previous Rating (31.12.2012) |
Current Rating (31.03.2013) |
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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 |
CANADA - ECONOMIC OVERVIEW
As a 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 economic crisis, 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 2010-12
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
QUADRO ENGINEERING CORP.
613 Colby Drive, Waterloo, Ontario N2V 1A1 - Canada
Telephone: +1
519-884-9660
Fax: +1 519-884-0253
Website: www.quadro.com
Corporate ID#: ON-0002136939
State: Ontario
Judicial form: Corporation – Profit
Date incorporated: 05-22-2007
Stock: -
Value: -
Name of manager: Keith L. MCINTOSH
Business:
Quadro Engineering Corp. develops, manufactures, and supplies process
equipment, size reduction equipment, and screeners to the pharmaceutical, food,
cosmetic/personal care, biotechnology, and chemical industries around the
world. It offers solid process, and material conveying and handling equipment,
which include equipment for use in manufacturing facilities for size reduction,
sieving/screening, deagglomeration, and homogeneous dispersion and mixing;
equipment for high-capacity in-line security screening and delumping
applications; grinding equipment to grind powders; and products for dust-free
conveying of powders and gentle conveying of tablets.
The company also provides lifts to raise or lower process equipment;
products for sanitary connection between process equipment; and inline
explosion proof, dried fruit deagglomeration and in-line feed, containment,
nitrogen purge, sound suppression, and integrated wet sizing systems.
It offers its solid products for dry and wet milling size reduction, dry
mixing dispersion, deagglomeration delumping and separation, reclaim, and fine
grinding applications. In addition, the company provides liquids processing
products, such as in-tank mixers; in-line powder dispersers, including high
capacity/concentration, high shear/difficult powders, and inline continuous
processing products; and in-line mixers/emulsifiers/mills, including shear
pumps, multi-stage emulsifiers, and submicron homogenizers/micronizing wet
mills. Further, it offers integrated mixing systems, including cosmetic
manufacturing, drywall compound manufacturing, toothpaste manufacturing, dairy
processing, oil field application, and continuous dispersion systems; and
various used equipment and parts.
The company was founded in 1976 and is based in Waterloo, Canada.
Quadro Engineering Corp. operates as a subsidiary of Idex Corporation.
The Company exports worldwide.
Staff: 95
Operations & branches:
At the headquarters, we
find the corporate office and warehouse, owned.
Shareholders:
IDEX CORPORATION
1925 West Field Court, Suite 200
Lake Forest, IL 60045
United States
Public Company listed with the NYSE under symbol IEX.
IDEX Corporation engages in the manufacture and sale of an array of pumps,
flow meters, other fluidics systems and components, and engineered products
worldwide.
Management:
Keith L. MCINTOSH,
President
Stephen RUSSELL-HILL and
Benjamin MURUGESU, Vice President
Allan NUTTER, General Manager
As far as we know, they are not involved in other local corporations.
Subsidiaries
And partnership: None
In 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
2012 is in the range of CAD 20,000,000=
The business is said to be
profitable.
Banks: Royal Bank of Canada
…
Legal filings
& complaints:
As of today date, there is no legal filing pending with the Courts.
Secured debts summary: Several