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Report Date : |
09.01.2014 |
IDENTIFICATION DETAILS
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Name : |
DUNLINE RUBBER PRODUCTS COMPANY |
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Registered Office : |
1579 Hyde Park Road, London, Ontario N6H 5L4 |
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Country : |
Canada |
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Date of Incorporation : |
01.06.1998 |
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Legal Form : |
Nova Scotia Unlimited Liability Company |
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Line of Business : |
Manufacturer
of Rubber Belt,
Safe Wash,
Belt Lube,
Parallel
Gauge, Belt Safe
Compound, Silicone
Carbide Grinding Cloth, Felt Doctor, Rubber
Repair Sheet & Felt
Blanket |
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No. of Employees : |
35 |
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 – September 30, 2013
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Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
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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 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 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.
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Source : CIA |
Your order on: DULINE RUBBER PRODUCTS INTERNATIONAL
CO. LTD
The correct name
is:
Company name: DUNLINE RUBBER PRODUCTS COMPANY
Address: 1579
Hyde Park Road, London, Ontario N6H 5L4 - Canada
Telephone: +1
519-473-1116
Fax: +1 519-473-2287
Website: www.dunline.com
Corporate ID#: 3019849
State: Nova Scotia
Judicial form: Nova Scotia Unlimited Liability
Company
Date incorporated: June 1,
1998
Stock: -
Value: -
Name of manager: Alexander
C. SCOVIL
History:
Business issued from the
merger of:
- H&S ACQUISITION
COMPANY
- DUNLOP INDUSTRIAL LIMITED
Business:
Manufacturer of
Rubber Belt,
Safe Wash, Belt Lube, Parallel
Gauge, Belt Safe
Compound, Silicone
Carbide Grinding Cloth, Felt Doctor, Rubber Repair
Sheet & Felt Blanket
Office of the Foreign
Assets Control (OFAC):
The company is not listed on the OFAC list.
The Specially Designated Nationals (SDN) List is a publication of OFAC
which lists individuals and organizations with whom United States citizens and
permanent residents are prohibited from doing business.
Suppliers include:
SHANGHAI SCIENCE TECHNOLOGY
NO 449 Nu Jiang Road Shanghai China
Exports to the U.S., UK, Spain, Italy,
Taiwan…
Staff: 35
Operations & branches:
At the headquarters, we
find a factory, warehouse and office, on lease.
Shareholders:
This is a private Company.
Management:
Alexander C. SCOVIL,
President, Director and CEO
He lives
38045 Shaker Blvd., Hunting Valley, OH 44022 – USA
Cathy CRONYN, Vice
President and Secretary
Subsidiaries and
Partnership:
Dunline Rubber Products International Co. Ltd.
Room 402, 5th Building,
No. 1500 Lianhua South Road,
Minhang District, Shanghai 201101 China
In Canada, privately held
corporations are not required to publish any financials.
On a direct call, a sales
executive controlled the present report but deferred any financials.
Outside sources (bank) gave
estimate for year 2013 in the range of
CAD 4,000,000 verse CAD
3,200,000= in 2012 and CAD 3,000,000= in 2011.
The business is said to be
profitable.
Banks: Bank of Canada
Legal filings
& complaints:
As of today date, there is no legal filing pending with the Courts.
Secured debts summary: None