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MIRA INFORM REPORT
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Report No. : |
493510 |
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Report Date : |
26.02.2018 |
IDENTIFICATION DETAILS
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Name : |
GLATT AIR
TECHNIQUES INC |
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Registered Office : |
20 Spear Road Ramsey, NJ 07446 |
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Country : |
United States |
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Date of Incorporation : |
1973 |
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Legal Form : |
Corporation |
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Line of Business : |
Subject is a mid-sized
organization in the industrial machinery and equipment companies industry. |
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No. of Employees : |
155 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A |
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Credit Rating |
Explanation |
Rating Comments |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Exist |
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
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Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
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United States |
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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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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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%.
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Source
: CIA |
STATUTORY
INFORMATION
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|
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Legal Name: |
GLATT AIR TECHNIQUES INC |
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Trade Name: |
Glatt Air Techniques Glatt Air GAT INTERIM NJ, INC. |
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ID: |
0100952633 |
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Date Created: |
Glatt Gmbh was founded in 1973 |
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Date Incorporated: |
10/03/2005 |
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Legal Address: |
820 BEAR TAVERN ROAD ,WEST
TRENTON,NJ,08628 |
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Operative Address: |
20 Spear Road Ramsey, NJ 07446 United States |
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Telephone: |
+1 -201 825-8700 |
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Fax: |
+1 -201 825-0389 |
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Legal Form: |
Corporation |
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Email: |
info.gat@glatt.com |
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Registered in: |
NEW JERSEY |
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Website: |
www.glattair.com |
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Contact: |
Reinhard Nowak, President Raymond Lechleider, Chief
Executive Officer |
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Staff: |
155 |
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Activity: |
NAICS 1: Industrial Machinery
and Equipment Merchant Wholesalers SIC 1: Industrial Machinery And
Equipment |
BANKS
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The company does not make its banking data
public |
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HISTORY
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Glatt Gmbh was founded in 1973, while Glatt Air
Techniques Inc. was incorporated in New Jersey, USA on October 1, 2005. |
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PRINCIPAL
ACTIVITY
|
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Glatt Air Techniques Inc. is a
mid-sized organization in the industrial machinery and equipment companies
industry located in Ramsey, NJ. |
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Products/Services description: |
Glatt Air Techniques Inc.
operates as a sales and service organization in the United States, Canada,
and Puerto Rica. The company engages in the fields of equipment construction
and sales, engineering services, and technology and contract manufacturing.
It also provides spare parts, and planning support for fluid bed systems,
vertical granulators, drum coaters, sieves, product handling and containment
systems, and suspension preparation plants and WIP/CIP systems. In addition,
the company offers facility planning, project management, construction
management, automation, process simulation,
validation/qualification/calibration, and consulting services, as well as
technology and contract manufacturing of solid dosage materials. It serves
the pharmaceutical market. PRODUCTS: Innovations Apptec® Powder Synthesis
Systems Concepts For Granulation Lines Fluidized Bed Systems Spouted Bed Systems Drum Coaters High Shear Granulators Extruder &
Pelletizer/Spheronizer Product Handling Laboratory Units Control Systems Wip/Cip Cleaning |
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Brands: |
Apptec |
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Sales are: |
Wholesale |
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Clients: |
National companies |
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Suppliers: |
Glatt Systems Pvt Ltd India Glatt Gmbh Germany Glatt Systemtechnik GmbH Germany |
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Operations area: |
National and International |
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The company imports from |
India and Germany |
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The company exports to |
No export |
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The subject employs |
155 employees |
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Payments: |
Regular |
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LOCATION
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Headquarters : |
20 Spear Road Ramsey, NJ 07446 United States |
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Comments: |
NA |
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Branches: |
No branches found |
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Main Competitors |
Indexing Technologies Inc. 37 Orchard St Construction Industrial
Equipment 83 Grant St Shell Automation 26 Lake St |
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Related Companies: |
Glatt Protech Ltd. Swannington Road Cottage Lane Industrial Estate Broughton Astley LE9 6TU UK Tel.: +44 -1455 285858 Fax: +44 -1455 285510 Glatt Ilaç Üretim Makineleri
Satış ve Servis A.S. Küçükbakkalköy Mahallesi Önder Sokak No. 22 Ataşehir, 34750 Istanbul TURKEY Glatt Maschinen- und
Apparatebau AG Kraftwerkstrasse 6 CH-4133 Pratteln, Switzerland Tel.: +41 - 61 826 - 47 47 Fax: +41 - 61 826 - 48 48 Glatt Ingenieurtechnik GmbH ul. Obrucheva, 23, korp. 3 117630 Moscow, Russia Tel.: +7 -495 787 4289 Fax: +7 -495 787 4291 Glatt Ireland Oak House Farmers Cross Cork, Ireland Tel.: +35 3-21 - 432 29 33 Fax: +35 3-21 - 432 29 42 Glatt Systems Pvt. Ltd. GAT No 321/2, 322/1, 324/1
& 324/2 Pune Ahmednagar Road, Village Kondhapuri, Taluka
Shirur, District Pune - 412209 INDIA Tel.: (factory): + 91 - 2137 -
616758 Tel.: (direct): + 91 - 2137 - 616700 Fax: + 91 - 2137 – 616726 Glatt (India) Engineering Pvt.
Ltd. Plot No. 251 Okhla Industrial Estate Phase
III New Delhi – 110020, India Tel.: +91 -11 40858585 Fax: +91 -11 40858586 |
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GROUP
STRUCTURE AND SUBSIDIARY COMPANIES
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Listed at the stock exchange: |
NO |
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Capital: |
NA |
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Shareholders: |
This is a private company. The company does not
disclose information on shareholders. The following information has been
obtained through private sources and could not be confirmed: Glatt Air Techniques, Inc. operates as a subsidiary
of Glatt Gmbh. Werner-Glatt-Str. 1 Location: Binzen, Employees at This Location: 330 Sales Volume (Estimated): $242 million USD |
|
Management: |
Title: PRESIDENT Name: NOWAK,REINHARD Address: 20 SPEAR ROAD, RAMSEY, NJ, 07446 Title: VICE PRESIDENT Name: NOWAK,IVO D Address: 20 SPEAR ROAD, RAMSEY, NJ, 07446 Title: VICE PRESIDENT Name: DAVIS,RICHARD E Address: 20 SPEAR ROAD, RAMSEY, NJ, 07446 Title: VICE PRESIDENT Name: SIRABIAN,STEVE Address: 20 SPEAR ROAD, RAMSEY, NJ, 07446 Title: VICE PRESIDENT Name: BUNDENTHAL,WILLIAM Address: 20 SPEAR ROAD, RAMSEY, NJ, 07446 Title: SECRETARY Name: BRINBERG,TODD M Address: 100 PARK AVENUE, NEW YORK, NY, 10017 |
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FINANCIAL
INFORMATION
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The company does not make its financial statements
public. The following information has been provided by private sources: |
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USD 2016 |
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Revenue |
19,000,000 |
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Cash flow |
Normal |
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LEGAL
FILINGS
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Renewals |
Annual Report Month: OCTOBER Last Annual Report Filed: 10/18/2017 Year: 2017 |
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Patents |
Fluidized bed with spray nozzle shielding Patent number: 5437889 Abstract: A shield, such as an upstanding cylindrical
partition, is mounted adjacent to an air source, such as an air distribution
plate/screen of a Wurster system processor, whereby the open upper end of the
partition is generally horizontally registered with and disposed about the
upper extremity of an associated spray nozzle. The open lower end of the
inner cylindrical partition is generally sealed relative to the air
distribution plate/screen and operative to receive air upwardly therethrough
for subsequent passing through the inner partition about the spray nozzle.
The upper end of the inner tubular partition shields the initial spray
pattern discharged from the spray nozzle and prevents the premature entrance
of particles moving into the spray nozzle area. Type: Grant Filed: August 9, 1993 Date of Patent: August 1, 1995 Assignee: Glatt Air Techniques, Inc. Inventor: David M. Jones Fluidized bed with spray nozzle shielding Patent number: 5236503 Abstract: A shield, such as an upstanding
cylindrical partition, is mounted adjacent to an air source, such as an air
distribution plate/screen of a Wurster system processor, whereby the open
upper end of the partition is generally horizontally registered with and
disposed about the upper extremity of an associated spray nozzle. The open
lower end of the inner cylindrical partition is generally sealed relative to
the air distribution plate/screen and operative to receive air upwardly
therethrough for subsequent passing through the inner partition about the
spray nozzle. The upper end of the inner tubular partition shields the
initial spray pattern discharged from the spray nozzle and prevents the
premature entrance of particles moving into the spray nozzle area. Type: Grant Filed: October 28, 1991 Date of Patent: August 17, 1993 Assignee: Glatt Air Techniques, Inc. Inventor: David M. Jones Ramp surface for an apparatus for coating tablets Patent number: 6695919 Abstract: A fluidized bed apparatus for applying a
coating liquid onto the surface of particles includes a vertically disposed cylindrical
product container having a peripheral wall, at least one cylindrical
partition defining a centrally located up bed region and a peripherally
located down bed region. A nozzle is centrally located through the orifice
plate and is adapted to generate a spray of coating liquid upwardly into the
up bed. A nozzle ramp is provided around the nozzle. The nozzle ramp is
generally cusp shaped and includes nozzle-ramp surface. The nozzle ramp is
centrally positioned around the nozzle and is directed upwardly towards the
partition so that the nozzle-ramp surface directs particles moving generally
horizontally across the orifice plate from the down bed upwardly into the
partition and the up bed. The nozzle ramp may further include air passages
for passing fluidized air upwardly to the nozzle-ramp surface. Type: Grant Filed: May 1, 2003 Date of Patent: February 24, 2004 Assignee: Glatt Air Techniques Inc. Inventors: David M. Jones, Richard Andrew Smith,
John Patrick Kennedy, Frank Maurer, Matthias Georg Tondar, Bernhard Luy,
Markus J. Baettig Product discharge and cleaning assembly for an
apparatus for coating tablets Patent number: 6911087 Abstract: A fluidized bed apparatus for applying a
coating liquid onto the surface of particles includes a vertically disposed
cylindrical product container having a peripheral wall, at least one
cylindrical partition defining a centrally located up bed region and a
peripherally located down bed region. The product container further includes
an upper end connected to an expansion chamber and a lower end including an
orifice plate having a plurality of openings for passage of fluidized air or
gas. A nozzle is centrally located through the orifice plate and is adapted
to generate a spray of coating liquid upwardly into the up bed. Particles
located within the product container circulate upwardly through the partition
and the coating liquid spray, between the up bed and the down bed. A central
discharge assembly is provided at the lower end of the product containers for
emptying particles from the machine. Type: Grant Filed: May 1, 2003 Date of Patent: June 28, 2005 Assignee: Glatt Air Techniques, Inc. Inventors: David M. Jones, Richard Andrew Smith,
John Patrick Kennedy, Frank Maurer, Matthias Georg Tondar, Bernhard Luy,
Markus J. Baettig Apparatus for coating tablets Patent number: 6579365 Abstract: A fluidized bed apparatus for applying a
coating liquid onto the surface of particles includes a vertically disposed
cylindrical product container having a peripheral wall, at least one
cylindrical partition defining a centrally located up bed region and a
peripherally located down bed region. The product container further includes
an upper end connected to an expansion chamber and a lower end including an
orifice plate having a plurality of openings for passage of fluidized air or
gas. A nozzle is centrally located through the orifice plate and is adapted
to generate a spray of coating liquid upwardly into the up bed. Particles
located within the product container circulate upwardly through the partition
and the coating liquid spray, between the up bed and the down bed. A
plurality of inwardly directed discharge jets are positioned along the
periphery of the product container and generally adjacent to the orifice
plate. Type: Grant Filed: November 17, 2000 Date of Patent: June 17, 2003 Assignee: Glatt Air Techniques, Inc. Inventors: David M. Jones, Richard Andrew Smith,
John Patrick Kennedy, Frank Maurer, Matthias Georg Tondar, Bernhard Luy,
Markus J. Baettig Split plenum arrangement for an apparatus for
coating tablets Patent number: 6692571 Abstract: A fluidized bed apparatus for applying a
coating liquid onto the surface of particles includes a vertically disposed
cylindrical product container having a peripheral wall, at least one cylindrical
partition defining a centrally located up bed region and a peripherally
located down bed region. The product container further includes an upper end
connected to an expansion chamber and a lower end including an orifice plate
having a plurality of openings for passage of fluidized air or gas. The
fluidized apparatus further includes a central first plenum located below the
orifice plate and being aligned with the up-bed and the partition, the first
plenum being sized and shaped to direct gas upwardly through the orifice
plate and into the up-bed; and a second plenum located below the orifice
plate positioned around the first plenum for directing gas upwardly through
the orifice plate and into contact with particles located on the orifice
plate. Type: Grant Filed: May 1, 2003 Date of Patent: February 17, 2004 Assignee: Glatt Air Techniques Inc. Inventors: David M. Jones, Richard Andrew Smith,
John Patrick Kennedy, Frank Maurer, Matthias Georg Tondar, Bernhard Luy,
Markus J. Baettig Controlled release matrix pharmaceutical dosage
formulation Patent number: 9687451 Abstract: A compressed tablet of a pharmaceutical
compound which contains uncoated pellets containing a pharmaceutical
compound, where the uncoated pellets are dispersed in a matrix containing the
pellets and a swellable polymer. Type: Grant Filed: March 22, 2010 Date of Patent: June 27, 2017 Assignee: GLATT AIR TECHNIQUES, INC. Inventors: Orapin P. Rubino, David M. Jones Controlled Release Matrix Pharmaceutical Dosage
Formulation Publication number: 20070212416 Abstract: The invention proves a novel compressed
tablet of a pharmaceutical compound and a method of making a tablet of a
pharmaceutical compound which are based on uncoated pellets containing a
pharmaceutical compound that are dispersed in a matrix which comprises said
pellets and a swellable polymer which is compressed into a tablet. Type: Application Filed: June 8, 2005 Publication date: September 13, 2007 Applicant: GLATT AIR TECHNIQUES, INC. Inventors: Orapin Rubino, David Jones Fluidized bed apparatus including double chamber
cartridge filter system Patent number: 5251384 Abstract: A fluidized bed apparatus having a
downwardly opening filter housing and including multiple processing gas
outlets and a partition structure dividing the interior of the filter housing
into individual downwardly-opening open-bottom compartments equal in number
to the gas outlets. The partition structure extends into an expansion chamber
below the filter housing. The partition structure that divides the housing
not only extends the full height of the filter housing portion, but projects
appreciably downwardly therefrom into the upper portion of the expansion
chamber disposed below the filter housing. Each gas outlet is associated with
a filter cartridge mounted on a tubular fitting. The gas filter cartridge is
tubular and filters the gas passing through each of the divided filter
housing compartments. Type: Grant Filed: June 28, 1991 Date of Patent: October 12, 1993 Assignee: Glatt Air Techniques, Inc. Inventors: Kenneth W. Olsen, Richard A. Smith Ramp surface for an apparatus for coating tablets Publication number: 20030200919 Abstract: A fluidized bed apparatus for applying a
coating liquid onto the surface of particles includes a vertically disposed cylindrical
product container having a peripheral wall, at least one cylindrical
partition defining a centrally located up bed region and a peripherally
located down bed region. The product container further includes an upper end
connected to an expansion chamber and a lower end including an orifice plate
having a plurality of openings for passage of fluidized air or gas. A nozzle
is centrally located through the orifice plate and is adapted to generate a
spray of coating liquid upwardly into the up bed. Particles located within
the product container circulate upwardly through the partition and the
coating liquid spray, between the up bed and the down bed. A plurality of
inwardly directed discharge jets are positioned along the periphery of the
product container and generally adjacent to the orifice plate. Type: Application Filed: May 1, 2003 Publication date: October 30, 2003 Applicant: Glatt Air Techniques Inc. Inventors: David M. Jones, Richard Andrew Smith,
John Patrick Kennedy, Frank Maurer, Matthias Georg Tondar, Bernhard Luy,
Markus J. Baettig Product discharge and cleaning assembly for an
apparatus for coating tablets Publication number: 20030200920 Abstract: A fluidized bed apparatus for applying a
coating liquid onto the surface of particles includes a vertically disposed
cylindrical product container having a peripheral wall, at least one
cylindrical partition defining a centrally located up bed region and a
peripherally located down bed region. The product container further includes
an upper end connected to an expansion chamber and a lower end including an
orifice plate having a plurality of openings for passage of fluidized air or
gas. A nozzle is centrally located through the orifice plate and is adapted
to generate a spray of coating liquid upwardly into the up bed. Particles
located within the product container circulate upwardly through the partition
and the coating liquid spray, between the up bed and the down bed. A
plurality of inwardly directed discharge jets are positioned along the periphery
of the product container and generally adjacent to the orifice plate. Type: Application Filed: May 1, 2003 Publication date: October 30, 2003 Applicant: Glatt Air Techniques Inc. Inventors: David M. Jones, Richard Andrew Smith,
John Patrick Kennedy, Frank Maurer, Matthias Georg Tondar, Bernhard Luy,
Markus J. Baettig METHOD OF DETERMINING THE WEIGHT OF THE COATING TO
BE APPLIED TO FORM A CONTROLLED RELEASE DOSAGE FORM Publication number: 20110014295 Abstract: A method of coating spherical particles of
a beta blocker compound which is based on (a) determining the surface area of
a weighed sample of said spherical particles; (b) determining the weight of
coating material per surface area unit of spherical particles that will
provide a desired release profile for said beta-blocker; (c) determining the
surface area of a subsequent batch of spherical particles containing the same
beta; (d) coating the subsequent batch of spherical particles with the
coating applied in step (b) to provide a coating having substantially the
same weight of coating material per surface area unit of spherical particles
as determined in step (b). Type: Application Filed: February 6, 2008 Publication date: January 20, 2011 Applicant: Glatt Air Techniques, Inc. Inventors: Orapin Rubino, David Jones, Robert A.
Femia, Oliver Mueller, Narayan Rangunathan, Norbert Pollinger, Armin Prasch,
Anne Ettner |
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Trademarks |
COMPLEX PERFECT SPHERE - Trademark Details Status: 602 - Abandoned-Failure To Respond Or Late
Response Image for trademark with serial number 78144839 Serial Number78144839 Word Mark COMPLEX PERFECT SPHERE Status602 - Abandoned-Failure To Respond Or Late
Response Status Date2003-07-28 Filing Date2002-07-17 Mark Drawing1000 - Typeset: Word(s)/letter(s)/number(s)
Typeset Attorney Name Lawrence E. Apolzon Law Office Assigned Location CodeM30 Employee Name TAYLOR, DAVID T CPS TECHNOLOGY - Trademark Details Status: 602 - Abandoned-Failure To Respond Or Late
Response Image for trademark with serial number 78144878 Serial Number78144878 Word Mark CPS TECHNOLOGY Status602 - Abandoned-Failure To Respond Or Late
Response Status Date2003-07-10 Filing Date2002-07-17 Mark Drawing3000 - Illustration: Drawing or design
which also includes word(s)/ letter(s)/number(s) Typeset Design Searches010903, 260102, 260302, 260303 -
Models or representations of the solar system, other astronomic orbits, such
as a moon or satellite orbiting a planet. Plain single line circles. Plain
single line ovals. Incomplete ovals. Attorney Name Lawrence E. Apolzon Law Office Assigned Location CodeL20 Employee Name GARTNER, JOHN M |
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Cases |
Tate & Lyle Americas LLC v.
Glatt Air Techniques Inc Plaintiff: Tate & Lyle
Americas LLC Defendant: Glatt Air Techniques
Inc Counter_claimant: Glatt Air
Techniques Inc Counter_defendant: Tate &
Lyle Americas LLC Case Number: 2:2013cv02037 Filed: February 7, 2013 Court: Illinois Central
District Court Office: Urbana Office County: Macon Presiding Judge: Harold A.
Baker Referring Judge: David G.
Bernthal Nature of Suit: Contract: Other Cause of Action: 28:1332
Diversity-Other Contract Jury Demanded By: Plaintiff |
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UCC |
No records found |
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OFAC Sanctions
List Search |
The company is not listed in
the OFAC list. |
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SUMMARY
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|
|
|
Founded in 1973, Glatt Air Techniques Inc. is a
mid-sized organization in the industrial machinery and equipment companies
industry located in Ramsey, NJ. The company has 155 full-time employees and
generates an estimated USD 19,000 million in annual revenue. The company imports from India and Germany,
operating within national and international markets. This has been an ACTIVE company incorporated in NEW
JERSEY in 2005. |
RISK
INFORMATION
|
|
|
|
|
|
DEBTS |
Controlled |
|
PAYMENTS |
Regular |
|
CASH FLOW |
Normal |
|
STATUS |
ACTIVE |
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INTERVIEW
|
|
|
NAME |
NA |
|
POSITION |
NA |
|
COMMENTS |
Despite we called the company several
times, the person in charge of providing information about the company was
not present, so we could not confirm further information. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 64.82 |
|
|
1 |
INR 90.40 |
|
Euro |
1 |
INR 79.76 |
|
USD |
1 |
INR 64.79 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
PRA |
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|
|
|
Report Prepared
by : |
DNS |
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.