MIRA INFORM REPORT

Report No. :	490782
Report Date :	08.02.2018

IDENTIFICATION DETAILS

Name :	ENVIRONMENTAL DYNAMICS INTERNATIONAL, INC.
Registered Office :	5601 Paris Road, Columbia, Mo 65202-9399
Country :	United States
Date of Incorporation :	1975
Legal Form :	Corporation
Line of Business :	Subject engages in research, development, manufacture, and application of technology aeration and biological treatment solutions for municipal and industrial wastewater treatment.
No. of Employees :	140

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23^rd January 2017)

MIRA’s Rating :

A

Credit Rating	Explanation	Rating Comments
A	Acceptable Risk	Business dealings permissible with moderate risk of default

Status :	Good
Payment Behaviour :	Regular
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

Country Name	Previous Rating (30.06.2017)	Current Rating (30.09.2017)
United States	A1	A1

Risk Category	ECGC Classification
Insignificant	A1
Low Risk	A2
Moderately Low Risk	B1
Moderate Risk	B2
Moderately High Risk	C1
High Risk	C2
Very High Risk	D

UNITED STATES - ECONOMIC OVERVIEW

The US has the most technologically powerful economy in the world, with a per capita GDP of $57,300. US firms are at or near the forefront in technological advances, especially in computers, pharmaceuticals, and medical, aerospace, and military equipment; however, their advantage has narrowed since the end of World War II. Based on a comparison of GDP measured at purchasing power parity conversion rates, the US economy in 2014, having stood as the largest in the world for more than a century, slipped into second place behind China, which has more than tripled the US growth rate for each year of the past four decades.

In the US, private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. US business firms enjoy greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus workers, and to develop new products. At the same time, businesses face higher barriers to enter their rivals' home markets than foreign firms face entering US markets.

Long-term problems for the US include stagnation of wages for lower-income families, inadequate investment in deteriorating infrastructure, rapidly rising medical and pension costs of an aging population, energy shortages, and sizable current account and budget deficits.

The onrush of technology has been a driving factor in the gradual development of a "two-tier" labor market in which those at the bottom lack the education and the professional/technical skills of those at the top and, more and more, fail to get comparable pay raises, health insurance coverage, and other benefits. But the globalization of trade, and especially the rise of low-wage producers such as China, has put additional downward pressure on wages and upward pressure on the return to capital. Since 1975, practically all the gains in household income have gone to the top 20% of households. Since 1996, dividends and capital gains have grown faster than wages or any other category of after-tax income.

Imported oil accounts for nearly 55% of US consumption and oil has a major impact on the overall health of the economy. Crude oil prices doubled between 2001 and 2006, the year home prices peaked; higher gasoline prices ate into consumers' budgets and many individuals fell behind in their mortgage payments. Oil prices climbed another 50% between 2006 and 2008, and bank foreclosures more than doubled in the same period. Besides dampening the housing market, soaring oil prices caused a drop in the value of the dollar and a deterioration in the US merchandise trade deficit, which peaked at $840 billion in 2008. Because the US economy is energy-intensive, falling oil prices since 2013 have alleviated many of the problems the earlier increases had created.

The sub-prime mortgage crisis, falling home prices, investment bank failures, tight credit, and the global economic downturn pushed the US into a recession by mid-2008. GDP contracted until the third quarter of 2009, making this the deepest and longest downturn since the Great Depression. To help stabilize financial markets, the US Congress established a $700 billion Troubled Asset Relief Program (TARP) in October 2008. The government used some of these funds to purchase equity in US banks and industrial corporations, much of which had been returned to the government by early 2011. In January 2009, Congress passed and President Barack OBAMA signed a bill providing an additional $787 billion fiscal stimulus to be used over 10 years - two-thirds on additional spending and one-third on tax cuts - to create jobs and to help the economy recover. In 2010 and 2011, the federal budget deficit reached nearly 9% of GDP. In 2012, the Federal Government reduced the growth of spending and the deficit shrank to 7.6% of GDP. US revenues from taxes and other sources are lower, as a percentage of GDP, than those of most other countries.

Wars in Iraq and Afghanistan required major shifts in national resources from civilian to military purposes and contributed to the growth of the budget deficit and public debt. Through 2014, the direct costs of the wars totaled more than $1.5 trillion, according to US Government figures.

In March 2010, President OBAMA signed into law the Patient Protection and Affordable Care Act, a health insurance reform that was designed to extend coverage to an additional 32 million Americans by 2016, through private health insurance for the general population and Medicaid for the impoverished. Total spending on healthcare - public plus private - rose from 9.0% of GDP in 1980 to 17.9% in 2010.

In July 2010, the president signed the DODD-FRANK Wall Street Reform and Consumer Protection Act, a law designed to promote financial stability by protecting consumers from financial abuses, ending taxpayer bailouts of financial firms, dealing with troubled banks that are "too big to fail," and improving accountability and transparency in the financial system - in particular, by requiring certain financial derivatives to be traded in markets that are subject to government regulation and oversight.

In December 2012, the Federal Reserve Board (Fed) announced plans to purchase $85 billion per month of mortgage-backed and Treasury securities in an effort to hold down long-term interest rates, and to keep short-term rates near zero until unemployment dropped below 6.5% or inflation rose above 2.5%. In late 2013, the Fed announced that it would begin scaling back long-term bond purchases to $75 billion per month in January 2014 and further reduce them as conditions warranted; the Fed ended the purchases during the summer of 2014. In 2014, the unemployment rate dropped to 6.2%, and continued to fall to 5.5% by mid-2015, the lowest rate of joblessness since before the global recession began; inflation stood at 1.7%, and public debt as a share of GDP continued to decline, following several years of increases. In December 2015, the Fed raised its target for the benchmark federal funds rate by 0.25%, the first increase since the recession began. With US GDP growth below 2%, the Fed opted to raise rates three times since then, and in mid-June 2017, the range for the target rate stood at 1% to 1.25%.

Source : CIA

STATUTORY INFORMATION
Legal Name:	Environmental Dynamics International, Inc.
Trade Names:	Environmental Dynamics International, Inc.
ID:	00184914
Date Created:	1975
Date Incorporated:	7/14/1976
Legal Address:	5601 PARIS ROAD COLUMBIA, MO 65202-9399, USA
Operative Address:	5601 PARIS ROAD COLUMBIA, MO 65202-9399, USA
Telephone:	573-474-9456
Fax:	573-474-6988
Legal Form:	CORPORATION
Email:	EDI.Marketing@environmentaldynamics.com
Registered in:	MISSOURI
Website:	www.wastewater.com
Contact:	Mr. Randall C. Chann - Chief Executive Officer and President
Staff:	140
Activity:	NAICS 1: Other Commercial and Service Industry Machinery Manufacturing SIC 1: Sewage And Water Treatment Equipment
Banks
BANK OF AMERICA
History
The company was founded in 1975 and is based in Columbia, Missouri. The company was formerly known as Environmental Dynamics, Inc. and changed its name to Environmental Dynamics International, Inc. in October 2011.
PRINCIPAL ACTIVITY
Environmental Dynamics International, Inc. engages in research, development, manufacture, and application of technology aeration and biological treatment solutions for municipal and industrial wastewater treatment.
Products/Services description:	It offers diffuser products, which include fine and coarse bubble parts, membrane replacement products, and specialty parts for new and existing water and wastewater treatment applications; evaluation, installation, and maintenance services for aeration systems; and aeration systems that include fine and coarse bubble aeration products, and aeration lagoons. The company also provides field contract services for equipment installation, start-up, and maintenance; and installation, refurbishment, long-term preventative maintenance, and subcontracted supervisory services. It serves pulp and paper, food and beverage (beef, pork, poultry, and dairy), pharmaceutical, chemical, petroleum, and oil and gas industries worldwide through representatives.
Brands:	Environmental Dynamics International
Sales are:	Wholesale
Clients:	Atlatec S.A De C.V. Metchemical South American Sac Tecnica Montaje Y Mantenimiento Cruz Sa
Suppliers:	G Plast Private Limited Usi Technologies (shenzhen) Co
Operations area:	National and International
The company imports from	INDIA CHINA
The company exports to	MEXICO PERU ECUADOR
The subject employs	140 employees
Payments:	Regular
LOCATION
Headquarters :	5601 PARIS ROAD COLUMBIA, MO 65202-9399, USA
Comments on Address:	This business is located at 5601 Paris Rd, a commercial address in Columbia, MO. The industrial property has an estimated value of $288,224 USD, which is about average for industrial properties in the 65202 zip code When the building was last assessed in 2012, the assessment value was $280,804 USD. With 56,256 square feet of space, this building is one of the largest industrial properties in the 65202 zip code. The average industrial property in the area has around 2,956 square feet.
Branches:	No other branches were found.
Related Companies:	Europe (Design, Manufacturing and Warehouse) Twyford Mill, Oxford Road Adderbury, Banbury, OX17 3SX, UK Mexico (Sales office) Valle del Yang-Tse No. 333A-402 Col. Valle de Aragón 1ª secc Nezahualcoyotl, Estado de México, C.P. 57100 India (Design and Sales Office) A-101, New India Chambers Andheri (East), Mumbai – 400093 Japan (Design Office) KOYO Build. 3-2-9 Ebisu Shibuya-Ku, Tokyo Japan 150-0013 Germany (Design Office) Rosenstr. 5 89423 Gundelfingen, Germany United Arab Emirates (Design and Sales Office) Dubai Silicon Oasis – Dubai PO Box 487271, UAE
GROUP STRUCTURE AND SUBSIDIARY COMPANIES
Listed at the stock exchange:	NO
Capital:	NA
Shareholders:	The company does not disclose information on shareholders. The following information has been obtained through private sources and could not be confirmed: This is a private company. The major holder is: Charles E. Tharp, PE
Management:	Mr. Randall C. Chann - Chief Executive Officer and President Charles E. Tharp, PE - Chairman Fred McCabe – Officer Glen K. Wylie - Officer
FINANCIAL INFORMATION
The company does not make its financial statements public. The following information has been provided by private sources:
USD 2016
Revenue	28.000.000
Cash flow	Normal
LEGAL FILINGS
PATENTS	Diffuser assembly with buoyancy vessel Patent number: 8246018 Abstract: A diffuser assembly with a buoyancy vessel and a chamber for buoyantly raising the diffuser assembly for maintenance work. The diffuser assembly has a support structure, diffusers connected to the frame, and a buoyancy vessel positioned on the frame, capable of alternating between a state of buoyancy or ballast. Type: Grant Filed: May 19, 2011 Date of Patent: August 21, 2012 Assignee: Environmental Dynamics International, Inc. Inventor: Charles E. Tharp Modular diffuser body and aeration system Patent number: 8931763 Abstract: An aeration system for treating liquid contained in a vessel is provided. The aeration system includes a header pipe and a plurality of lateral pipes coupled to the header pipe. The lateral pipes each have one or more tubular diffuser membranes sleeved therearound. Also provided is a coupling for sealingly joining end portions of two adjacent pipes is provided. The coupling includes two saddle sections and a deformable gasket extending between the pipes. The coupling is adapted for enabling one pipe to be removed and replaced from a series of pipes without substantially moving any adjacent pipes. Type: Grant Filed: September 10, 2011 Date of Patent: January 13, 2015 Assignee: Environmental Dynamics International, Inc. Inventors: Charles E. Tharp, Randall C. Chann, Randy K. Hulsebus
GOVERNMENT CONTRACTS	No records found.
CASES	Environmental Dynamics, Inc. v. Stamford Scientific International, Inc. Plaintiff: Environmental Dynamics, Inc. Defendant: Stamford Scientific International, Inc. Case Number: 2:2009cv04199 Filed: October 1, 2009 Court: Missouri Western District Court Office: Jefferson City Office County: Boone Presiding Judge: Nanette K. Laughrey Nature of Suit: Plaintiff Cause of Action: 15:1114 Trademark Infringement Jury Demanded By: Plaintiff
TRADEMARKS	REEF AERATION-MIXING SYSTEM FOR PONDS, LAKES, LAGOONS AND OTHER LARGE BODIES OF WATER Owned by: ENVIRONMENTAL DYNAMICS INTERNATIONAL, INC. Serial Number: 73618503 DIFFUSER EXPRESS COMPUTERIZED ON-LINE RETAIL SERVICES IN THE FIELD OF PRODUCTS USED IN WASTEWATER TREATMENT Owned by: ENVIRONMENTAL DYNAMICS INTERNATIONAL, INC. Serial Number: 75891382 EDI ENVIRONMENTAL DYNAMICS INC. WATER AND WASTEWATER TREATMENT SERVICES Owned by: ENVIRONMENTAL DYNAMICS INTERNATIONAL, INC. Serial Number: 76540985 NAUTILUS Aeration-mixing machines for ponds, lakes, lagoons and other large bodies of water Owned by: ENVIRONMENTAL DYNAMICS INTERNATIONAL, INC. Serial Number: 78638217 AQUAREEF Water purifying apparatus comprised of flexible plastic strip media consisting of clusters of flexible plastic strips connected… Owned by: ENVIRONMENTAL DYNAMICS INTERNATIONAL, INC. Serial Number: 78686310 BIOREEF Water purifying apparatus comprised of flexible plastic strip media consisting of clusters of flexible plastic strips connected… Owned by: ENVIRONMENTAL DYNAMICS INTERNATIONAL, INC. Serial Number: 78686376
RENEWAL HISTORY	Type Filing Type Date Filed Effective Date View Document Registration Reports Biennial Registration Report 1/12/2018 1/12/2018 View Document Registration Reports Annual Registration Report 3/14/2017 3/14/2017 View Document Registration Reports Annual Registration Report 2/18/2016 2/18/2016 View Document Registration Reports Biennial Registration Report 2/24/2014 2/24/2014 View Document Registration Reports Biennial Registration Report 4/27/2012 4/27/2012 View Document Modify Amendment of Articles of Incorporation by Directors 10/18/2011 10/18/2011 View Document Registration Reports Biennial Registration Report 2/18/2010 2/18/2010 View Document Registration Reports Annual Registration Report 2/27/2009 2/27/2009 View Document Registration Reports Annual Registration Report 3/4/2008 3/4/2008 View Document Registration Reports Annual Registration Report 3/6/2007 3/6/2007
UCC
OFAC Sanctions List Search	The company is not listed in the OFAC list.
SUMMARY
Founded in 1975, Environmental Dynamics International, Inc. is a mid-sized organization in the service industry machinery manufacturers industry located in Columbia, MO. It has 140 full time employees and generates an estimated $28 million in annual revenue. The company operates nationally and internationally, mainly importing from India and China. It is ACTIVE in business with no negative records.
RISK INFORMATION
DEBTS	Controlled
PAYMENTS	Regular
CASH FLOW	Normal
STATUS	Active
INTERVIEW
NAME	Mark
POSITION	Sales
COMMENTS	He confirmed the name of the company, the address of the headquarters and location, the date of creation of the company, the number of employees and the name of the Chief Executive Officer.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	INR 64.14
UK Pound	1	INR 89.50
Euro	1	INR 79.43
USD	1	INR 64.28

Note : Above are approximate rates obtained from sources believed to be correct

INFORMATION DETAILS

Analysis Done by :	VIV
Report Prepared by :	SYL

RATING EXPLANATIONS

Credit Rating	Explanation	Rating Comments
A++	Minimum Risk	Business dealings permissible with minimum risk of default
A+	Low Risk	Business dealings permissible with low risk of default
A	Acceptable Risk	Business dealings permissible with moderate risk of default
B	Medium Risk	Business dealings permissible on a regular monitoring basis
C	Medium High Risk	Business dealings permissible preferably on secured basis
D	High Risk	Business dealing not recommended or on secured terms only
NB	New Business	No recommendation can be done due to business in infancy stage
NT	No Trace	No recommendation can be done as the business is not traceable

NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors are as follows:

· Financial condition covering various ratios

· Company background and operations size

· Promoters / Management background

· Payment record

· Litigation against the subject

· Industry scenario / competitor analysis

· Supplier / Customer / Banker review (wherever available)

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.