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Report Date : |
01.08.2014 |
IDENTIFICATION DETAILS
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Name : |
AMETEK CANADA
LIMITED PARTNERSHIP |
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Registered Office : |
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Country : |
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Date of Incorporation : |
15.12.2009 |
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Legal Form : |
Limited Partnership |
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Line of Business : |
Exporter of electronic instruments and Electromechanical
Devices. |
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No of Employees : |
84 |
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 – June 01, 2014
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Country Name |
Previous Rating (31.03.2014) |
Current Rating (01.06.2014) |
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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 Risk |
A2 |
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Moderate Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderate High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
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 high 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 merchandise exports each year. Canada
is the US's largest foreign supplier of energy, including oil, gas, uranium,
and electric power. Given its abundant 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 2010-13
and plans to balance the budget by 2015. In addition, the country's petroleum
sector is rapidly expanding, because Alberta's oil sands significantly boosted
Canada's proven oil reserves. Canada now ranks third in the world in proved oil
reserves behind Saudi Arabia and Venezuela.
|
Source
: CIA |
Company name: AMETEK CANADA LIMITED PARTNERSHIP (Correct
Name)
Address:
Telephone: +1
403-235-8400
Fax: +1 403-248-3550
Website: www.ametekpi.com
Corporate ID#: AB-LP15071350
State: Alberta
Judicial form: Limited Partnership
Date incorporated: 12-15-2009
Name of manager: Bernard
G. BOULET
Business:
Exporter of electronic instruments and electromechanical devices.
Clients include:
ABU DHABI OIL REFINING (TAKREER)
P.O.BOX 3593, ABU DHABI, UNITED ARAB EMIRATES
CONTINENTAL PROCESS INSTRUMENTS S A S SIGLA C P INSTRUMENTS
BOGOTA COLUMBIA
Staff: 84
Operations & branches:
At the headquarters, we
find the corporate office and warehouse.
Shareholders:
AMETEK CREAFORM INC.
Incorporated in Alberta on
July 9, 2013
ID# AB-2017595709
The ultimate parent company is:
AMETEK INC.
1100 Cassatt Road, Berwyn, PA 19312 – USA
Listed with the NYSE under
symbol AME.
Management:
Bernard G. BOULET is Director of Operations.
Former Controller with AMETEK CANADA INC from 1998 to 2009.
Present here since 2009.
Subsidiaries
and partnership:
None
In Canada, privately held
corporations are not required to publish any financials.
On a direct call, nobody
was available to answer our questions.
We sent a fax but no answer
received.
Outside sources gave sales
for year 2013 in the range of CAD 10,000,000+
The business is 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: None