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Report Date : |
09.05.2014 |
IDENTIFICATION DETAILS
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Name : |
SERVO-ROBOT INC. |
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Registered Office : |
1370 Hocquart Street, St-Bruno, Quebec J3V 6E1 |
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Country : |
Canada |
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Date of Incorporation : |
02.05.1983 |
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Legal Form : |
Federal Corporation – Profit |
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Line of Business : |
· Manufacturer of automated pre-weld inspection, seam tracking and post weld inspection systems. manufacturer of laser vision systems for
seam tracking, seam finding, weld inspection as well as material handling
processes. Subject product
ranges includes:- ·
Arc Seam Finding Arc Seam Tracking Arc Weld Inspection Laser Seam Tracking Laser Weld Inspection Material Handling Portable Inspection Portable Welding Process Monitoring Universal Robot Sensors |
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No of Employees : |
65 |
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 31, 2014
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Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
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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.
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Source
: CIA |
Company name: SERVO-ROBOT INC.
Address: 1370 Hocquart Street, St-Bruno,
Quebec J3V 6E1 – Canada
Telephone: +1
450-653-7868
Fax: +1 450-653-7869
Website: www.servorobot.com
Corporate ID#: 3851079
State: Federal
Judicial form: Federal Corporation – Profit
Date incorporated: 01-01-2001
Date founded: 02-05-1983
Name of manager: Jean-Paul
BOILOT
History:
Business issued from the merger of:
- 2960656 CANADA INC.
- 2960664 CANADA INC.
- SERVOT-ROBOT INC.
Business:
Manufacturer of automated pre-weld inspection, seam tracking and post
weld inspection systems.
SERVO-ROBOT manufactures laser vision systems for seam tracking, seam
finding, weld inspection as well as material handling processes.
Automation of joining processes, such as laser welding and arc welding,
gluing, sealing & measurement benefit from SERVO-ROBOT products.
Process tools that provide real-time joint tracking, adaptive control
and visual inspection system are integrated with SERVO-ROBOT advanced 3-D laser
vision techniques and advanced sensing devices.
Subject product
ranges includes:-
·
Arc Seam Finding
Arc Seam Tracking
Arc Weld Inspection
Laser Seam Tracking
Laser Weld Inspection
Material Handling
Portable Inspection
Portable Welding
Process Monitoring
Universal Robot Sensors
No name of foreign suppliers available.
Staff: 65
Operations & branches:
At the headquarters, we
find a factory and R&D office, owned.
Shareholders:
3728099 CANADA INC.
1860 Rue de Cambrai, St-Bruno de Montarville, Quebec J3V 3J3 - Canada
Holding Company
Jean-Paul BOILLOT, President
Management:
Jean-Paul BOILLOT, President, Director and CEO
Andre GALIBOIS, Vice President
Martine LETACONNOUX, Secretary
Subsidiaries And Partnership:
SERVO-ROBOT Corp. (USA)
3040 W Hopkins St, Milwaukee, WI 53216 U.S.A
SERVO-ROBOT JAPAN
Shin-Osaka GH Building
6-9-20, room # 303, Nishinakajima, Yodogawa-Ku, Osaka City, 532-0011, JAPAN
SERVO-ROBOT GmbH
Haid-und-Neu-Str. 7, 76131 Karlsruhe, GERMANY
SERVO-ROBOT CHINA
Room 788, Lucky Tower B Building,
No. 3 Dong San Huan Bei Lu, Chaoyang District, Beijing, CHINA 100027
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.
However, sales estimate for
year 2013 is in excess of CAD 10,000,000=
The business is said to be
profitable.
Banks: Banque de Montreal
Legal filings
& complaints:
As of today date, there is no legal filing pending with the Courts.
Secured debts summary: None