|
|
|
MIRA INFORM REPORT
|
Report No. : |
491711 |
|
Report Date : |
10.02.2018 |
IDENTIFICATION DETAILS
|
Name : |
MOUSER ELECTRONICS, INC |
|
|
|
|
Registered Office : |
2711 Centerville Rd Suite 400, Wilmington New Castle, De 19808, |
|
|
|
|
Country : |
United States |
|
|
|
|
Date of Incorporation : |
1964 |
|
|
|
|
Legal Form : |
Foreign corporation |
|
|
|
|
Line of Business : |
Subject engaged in catalog and online semiconductor and
electronic component distributor |
|
|
|
|
No. of Employees : |
600-900 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
A+ |
|
Credit Rating |
Explanation |
Rating Comments |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
-- |
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 has 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: |
MOUSER ELECTRONICS, INC. |
|
TradeName: |
MOUSER ELECTRONICS |
|
ID: |
4283470 |
|
Date Created: |
1964 |
|
Date Incorporated: |
1/11/2007 |
|
Legal Address: |
2711 Centerville Rd Suite 400 Wilmington New Castle De 19808, USA |
|
Operative Address: |
Mouser Electronics |
|
Telephone: |
(817) 804-3888 |
|
Fax: |
(817) 804-3899 |
|
Legal Form: |
Foreign corporation |
|
Email: |
us@mouser.com |
|
Registered in: |
DELAWARE |
|
Website: |
www.mouser.com |
|
Contact: |
Mr. Martin Leon-Navarro, Chief Executive
Officer |
|
Staff: |
600-900 |
|
Activity: |
|
|
|
|
|
Banks: |
The company does not make its banking
data public |
|
|
|
|
|
|
|
History: |
The company was founded in 1964 and is
based in Mansfield, Texas with additional offices globally. |
|
|
|
|
Key Develeopments: |
Mouser Electronics, Inc. Key
Developments Mouser Electronics Signs Global
Distribution Deal with InvenSense Jul 24 17 Mouser Electronics,
Inc. announced a global distribution agreement with InvenSense. InvenSense
provides solutions that combine MEMS sensors with proprietary algorithms and
firmware to intelligently process, synthesize, and calibrate the output of
sensors, maximizing performance and accuracy. InvenSense's motion tracking,
audio and location platforms and services are ideal for mobile, wearables,
smart home, industrial, automotive, and Internet of Things (IoT) products. Macnica, Inc. Partners with Mouser
Electronics, Inc. to Support Engineers in Japan from Prototype to Production May 25 17 Macnica,
Inc. and Mouser Electronics, Inc. are pleased to announce a new strategic
partnership to deliver the high level of service and support to Japanese
design engineers. Through the partnership, customers in Japan can speed
time-to-market by taking advantage of Macnica’s and Mouser’s complementary
distribution models. Mouser will handle new product content and engineering
quantities for prototype development, while Macnica will focus on volume
distribution and technical support for engineers across Japan. Seoul Semiconductor Co., Ltd. Pursues
Patent Infringement Actions against Everlight Products May 24 17 On
April 28, 2017, Seoul Semiconductor Europe GmbH (Seoul) filed a patent
infringement claim in Germany at the District Court of Düsseldorf against
Mouser Electronic Inc. (Mouser), which it accused of selling Everlight LED
products. In its complaint, Seoul asserted that Everlight’s Mid-Power LED
products are infringing Seoul’s patent rights. Seoul has sought a permanent
injunction, damages, and recall and destruction of the allegedly infringing
products. The asserted patent serves to improve the light extraction
performance of LED devices by enhancing internal-reflection efficiency, which
has been widely used in mid-power and high-power LEDs. This patent litigation
is the second patent infringement litigation by Seoul or its affiliate
affecting Everlight’s LED products. In March 2017, Seoul Semiconductor Co.
Ltd. filed a patent infringement claim in Germany, accusing high-power LED
products manufactured by Everlight as well as other LED manufacturers. These
patent litigations underscore Seoul’s commitment to protecting its
intellectual property rights against infringement, including products
consisting of mid-power LEDs and high-power LEDs. |
|
|
|
|
Parent Company: |
TTI, Inc. |
|
|
|
PRINCIPAL
ACTIVITY
|
|
|
|
Mouser
Electronics, Inc. is a catalog and online semiconductor and electronic
component distributor. |
|
Products/Services description: |
The
company offers products in the areas of optoelectronics, LED lighting,
embedded solutions, semiconductors, circuit protection, passive components,
interconnects, wire and cable, electromechanical, sensors, enclosures, thermal
management, power, test and measurement, and tools and supplies. It also
provides receiver downconverters, and related evaluation boards and
controller boards for automotive radars, industrial radars, and microwave
radar sensors. In addition, the company offers GlobalARC, a cloud-based
search and rescue drone platform. It serves electronic design engineers,
instructors, students, hobbyists, and production buyers worldwide. |
|
Brands: |
GENIUS SPOT, M, MOUSER ELECTRONICS |
|
Sales are: |
Wholesale and retail |
|
Clients: |
ARTECHNOLOGIES SA, ООО
АЭРОСЕРВИС (airss) Mouser ships globally to over 280,000
customers in 170 countries from its 432,000 sq. ft. state-of-the-art facility
in Mansfield, Texas. |
|
Suppliers: |
MAXWELL TECHNOLOGIES INC |
|
Operationsarea: |
National and international |
|
Thecompanyimportsfrom |
MAXWELL TECHNOLOGIES INC- China |
|
Thecompanyexports to |
ARTECHNOLOGIES SA, Ecuador ООО
АЭРОСЕРВИС
(airss)- Russia |
|
Thesubjectemploys |
600-900 employees |
|
Payments: |
Regular |
|
|
|
LOCATION
|
|
|
Headquarters : |
Mouser Electronics |
|
Branches: |
California, USA 1810 Gillespie Way, Suite 101 El Cajon, CA 92020, USA Toll Free: (800) 346-6873 Local: (619) 449-2222 Fax: (619) 449-6041 View Map New Jersey, USA 111 Howard Blvd, Suite 203 Mt. Arlington, NJ 07856 USA Toll Free: (800) 346-6873 Local: (973) 810-9260 Fax: (973) 810-9279 |
|
RelatedCompanies: |
Czech Republic AZ Tower Pražákova 1008/69 639 00 Brno Czech Republic Local: +420 517070880 Fax: +420 517070881 France Le Voltaire 1, Avenue Leo Lagrange 19100 Brive-La-Gaillarde France Local: +33 5 55 85 79 96 Fax: +33 5 55 85 79 97 Israel 1 Hanofar Street 43662 Raanana, Israel Local: +972 9 7783020 Fax: +972 9 7458885 Italy Centro Direzionale Milanofiori Strada 1 Palazzo E1 20090 Assago-MI Italy Local: +39 02 57506571 Fax: +39 02 575164 Netherlands ESP 222 5633 AC Eindhoven The Netherlands Local: +31 88 1300 700 Fax: +31 88 1300 710 |
|
|
|
GROUP
STRUCTURE AND SUBSIDIARY COMPANIES
|
|
|
Listed at the stock exchange: |
NO |
|
Capital: |
NA |
|
Shareholders: |
This is a private company. It operates
as a subsidiary of: TTI, Inc. Fort Worth, Texas USA Ultimate Parents: Berkshire Hathaway Inc. 3555 Farnam St Ste 1440 Omaha, NE, USA |
|
Management: |
Mr. Glenn Smith, Chief Executive Officer
and President Scott Brown, Vice President of Finance Mr. Barry McConnell, Senior Vice
President of Interconnect & Electromechanical Products Mr. Mark Bauer, Vice President of
Americas Sales and Service Mr. Mark Burr-Lonnon, Senior Vice
President of Global Service & EMEA and APAC Business DIRECTOR MARC D HAMBURG 1440 KIEWIT PLAZA OMAHA, NE 68131 |
FINANCIAL
INFORMATION
|
|
|
|
The company does not make
its financial statements public. The following information has been provided
by private sources: |
|
USD 2016 |
|
|
Revenue |
969 600 000 |
|
Cash Flow |
Normal |
LEGAL
FILINGS
|
|
|
|
|
|
GOVERNMENT CONTRACTS |
Largest Contracts Department of the Navy Department of Defense Electrical Control Equipment September 18, 2006 $36,750 Geological Survey Department of the Interior Pressure, Temperature and Humidity
Measuring and Controlling Instruments July 28, 2015 $28,730 Department of the Navy Department of Defense Miscellaneous Electrical and Electronic
Components October 16, 2012 $24,875 U.S. Coast Guard Department of Homeland Security Resistors January 30, 2015 $24,296.40 National Aeronautics and Space Administration Miscellaneous Electrical and Electronic
Components May 14, 2013 $20,892 |
|
CASES |
|
|
|
Opticurrent, LLC v. Power Integrations,
Inc. et al Filed: June 22, 2017 as 5:2017cv03597 Plaintiff: Opticurrent, LLC Defendant: Power Integrations, Inc. , Mouser
Electronics Miscellaneou: Shane A Nelson Mediator: Faith Hochberg Cause Of Action: Patent Infringement Court: Ninth Circuit › California ›
California Northern District Court Type: Intellectual Property › Patent Lewis v. Mouser Electronics Inc et al,
No. 4:2016cv01013 - Document 7 (N.D. Tex. 2016) Whitworth v. Mouser Electronics, Inc.,
No. 3:2010cv01134 - Document 12 (N.D. Tex. 2010) Lewis v. Mouser Electronics Inc et al Whitworth v. Mouser Electronics, Inc., No.
3:2010cv01134 - Document 12 (N.D. Tex. 2010) Court Description: Memorandum Opinion
and Order denying without prejudice 5 Motion to Dismiss. Plaintiff is ordered
to file his first amended complaint by November 22, 2010. (see order)
(Ordered by Judge Sam A Lindsay on 11/8/2010) (tln) |
|
|
|
|
TRADEMARKS |
DESIGN FULFILLMENT DISTRIBUTOR Electronic components, namely, antennas,
batteries, battery clips, battery holders, battery snaps, electric buzzers,
electrical… Owned by: Mouser Electronics, Inc. Serial Number: 87538257 THE NEWEST PRODUCTS FOR YOUR NEWEST
DESIGNS Electronic components, namely, antennas,
batteries, battery clips, battery holders, battery snaps, electric buzzers,
electrical… Owned by: Mouser Electronics, Inc. Serial Number: 85096849 NOT JUST WHAT'S NEW BUT WHAT'S NEXT Electronic components, namely, antennas,
batteries, battery clips, battery holders, battery snaps, electric buzzers,
electrical… Owned by: Mouser Electronics, Inc. Serial Number: 85288059 GENIUS SPOT Electronic components, namely, antennas,
batteries, battery clips, battery holders, battery snaps, electric buzzers,
electrical… Owned by: Mouser Electronics, Inc. Serial Number: 85288104 M Electronic components, namely, antennas,
batteries, battery clips, battery holders, battery snaps, electric buzzers,
electrical… Owned by: Mouser Electronics, Inc. Serial Number: 85500143 FROM DESIGN TO PRODUCTION Electronic components, namely, antennas,
batteries, battery clips, battery holders, battery snaps, electric buzzers,
electrical… Owned by: Mouser Electronics, Inc. Serial Number: 85741171 MOUSER ELECTRONICS Distributorship services in the field of
electronic components; Catalog ordering service featuring electronic
components… Owned by: Mouser Electronics, Inc. Serial Number: 85775422 MOUSER Distributorship services in the field of
electronic components; Catalog ordering service featuring electronic
components… Owned by: Mouser Electronics, Inc. Serial Number: 85775424 MOUSER.COM Electronic components, namely, antennas,
batteries, battery clips, battery holders, battery snaps, electric buzzers,
electrical… Owned by: Mouser Electronics, Inc. Serial Number: 85775426 NEW PRODUCT INSIDER on-line electronic newsletters delivered
by e-mail on subjects of interest to the electronics industry, namely,
information… Owned by: Mouser Electronics, Inc. Serial Number: 86057501 THE NEW PRODUCT INTRODUCTION DISTRIBUTOR Electronic components, namely, antennas,
batteries, battery clips, battery holders, battery snaps, electric buzzers,
electrical… Owned by: Mouser Electronics, Inc. Serial Number: 86090753 DESIGN FULFILLMENT DISTRIBUTOR Electronic components, namely, antennas,
batteries, battery clips, battery holders, battery snaps, electric buzzers,
electrical… Owned by: Mouser Electronics, Inc. Serial Number: 86090757 DESIGN CHAIN TO SUPPLY CHAIN Electronic components, namely, antennas,
batteries, battery clips, battery holders, battery snaps, electric buzzers,
electrical… Owned by: Mouser Electronics, Inc. Serial Number: 86163871 LETTING MY GENIUS PREVAIL Electronic components, namely, antennas,
batteries, battery clips, battery holders, battery snaps, electric buzzers,
electrical… Owned by: Mouser Electronics, Inc. Serial Number: 86371715 |
|
|
|
SUMMARY
|
|
|
|
Founded in 1964, Mouser Electronics,
Inc. is a large-sized organization in the electronic parts and equipment
companies industry located in Mansfield, TX. It has 600-900 full time employees and
generates estimated $ 969.0 in annual revenue. The company imports from China and
exports to Russia and to Ecuador. The company appears as ACTIVE in the
registers of Texas. |
|
|
|
RISK
INFORMATION
|
|
|
DEBTS |
Controlled |
|
PAYMENTS |
Regular |
|
CASH FLOW |
Normal |
|
STATUS |
Active |
|
|
|
INTERVIEW
|
|
|
NAME |
Mark |
|
POSITION |
Sales Manager |
|
COMMENTS |
He confirmed company name, address,
managers, parent company, estimated staff and activity. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 64.37 |
|
|
1 |
INR 89.71 |
|
Euro |
1 |
INR 78.89 |
|
USD |
1 |
INR 64.22 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
TPT |
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)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.