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MIRA INFORM REPORT
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Report No. : |
484256 |
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Report Date : |
05.01.2018 |
IDENTIFICATION DETAILS
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Name : |
WYATT TECHNOLOGY CORPORATION |
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Registered Office : |
6330 Hollister Avenue, Goleta Ca
93117-3115 |
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Country : |
United States |
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Legal Form : |
Corporation |
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Line of Business : |
Subject Is engages in the research, development, manufacture, and
commercialization |
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 : |
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
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Country Name |
Previous Rating (30.06.2017) |
Current Rating (30.09.2017) |
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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 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%.
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Source
: CIA |
STATUTORY
INFORMATION
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Legal Name: |
WYATT TECHNOLOGY CORPORATION |
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Trade Names: |
WYATT TECHNOLOGY CORPORATION |
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ID: |
C1240376 |
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Date Created: |
1982 |
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Date Incorporated: |
03/02/1984 |
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Legal Address: |
6330 HOLLISTER AVENUE GOLETA CA 93117-3115, USA |
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Operative Address: |
6330 HOLLISTER AVENUE GOLETA CA 93117-3115, USA |
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Telephone: |
805-681-9009 |
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Fax: |
805-681-0123 |
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Legal Form: |
CORPORATION |
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Email: |
info@wyatt.com |
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Registered in: |
CALIFORNIA |
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Website: |
www.wyatt.com |
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Contact: |
Mr. Geofrey K. Wyatt - President |
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Staff: |
140 |
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Activity: |
NAICS 1: Analytical Laboratory Instrument Manufacturing SIC 1: Laser Scientific And Engineering Instruments |
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Banks: |
BANK OF AMERICA |
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History: |
Wyatt Technology arose from the ashes of founder Philip J. Wyatt’s
earlier venture, Science Spectrum, Inc. (SSI), which was founded in 1968 to
investigate the characterization of bacteria using light scattering. Although
SSI attracted several clients and was awarded several U.S. Government
contracts, cash flow problems ultimately led to its collapse. Wyatt formed Wyatt Technology Company in 1982 in order to wrap up
uncompleted government research contracts as interest in his Science letter
continued. National interest in wine fingerprinting and media reports on the
Applied Optics cola studies ultimately garnered the attention of the
Coca-Cola Company, who engaged the newly founded Wyatt Technology Company and
awarded them a contract to study various attributes pertaining to their
beverages. The wine studies also caught the attention of S.C. Johnson &
Son, who requested an instrument to study the light scattering properties of
their wax particles. |
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Key Developments: |
Waters Corporation Entered into Co-Marketing Agreement with Wyatt
Technology May 31 17 Waters Corporation announced that it entered into a co-marketing
agreement with Wyatt Technology to advance the analysis of synthetic polymers
and biotherapeutic proteins. By pairing Waters®ACQUITY® UPLC® and
Waters®ACQUITY® Advanced Polymer Chromatography® (APC™) Systems with Wyatt’s
µDAWN® Multi Angle Light Scattering (MALS) detector, R&D scientists
receive higher quality information and data 5x faster than ever before. SEC
separations with high resolution and speed have not always been synonymous.
However, the innovative low-dispersion system design of Waters’ UPLC systems
combines with solvent agnostic small particle column chemistries to deliver unprecedented
high resolution SEC/GPC separations. The benefits of these high speed/high
resolution separations are best realized with low dispersion multi-angle
light scattering (MALS) detectors like the Wyatt Technology µDAWN MALS
detector. When the systems are coupled, users can determine absolute
molecular weights and sizes of polymers, peptides, or proteins directly,
without relying solely on column calibration or reference standards. |
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PRINCIPAL
ACTIVITY
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Wyatt Technology Corporation engages in the research, development,
manufacture, and commercialization of detectors. |
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Products/Services description: |
The company offers various hardware products and accessories;
macromolecular characterization software solutions; and
installation/training, sample running/consulting, and compliance services. It
offers its macromolecular and nanoparticle characterization tools to
determine the molecular weight and or size of macromolecules and
nanoparticles; and for multi-angle light scattering, static and dynamic light
scattering, high through-put dynamic light scattering, field flow
fractionation, differential refractive index, zeta potential, and viscometry
detection requirements. The company serves various industries, such as
biopolymers, proteins, synthetic polymers, calypso-automated, composition
gradient system, dynapro (dynamic light scattering), field flow
fractionation, Mobius, and others. |
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Brands: |
WYATT |
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Sales are: |
Wholesale |
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Clients: |
Fondo De Investigacion Cientifica Y Desarrollo
Tegnologico Del Instituto Politecnico Nacional Probiomed Sa de Cv |
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Suppliers: |
ZAO BIOKAD |
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Operations area: |
National and International |
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The company imports from |
RUSSIA |
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The company exports to |
MEXICO |
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The subject employs |
140 employees |
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Payments: |
Regular |
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LOCATION
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Headquarters : |
6330 HOLLISTER AVENUE GOLETA CA 93117-3115, USA |
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Comments on Address: |
This business is located at 6300 Hollister Ave, a commercial
address in Goleta, CA. The industrial property was last sold on February 14,
2003 for $610,000 USD. The light industrial facility has an estimated value of
$14.4 million USD, which places it among the most valuable 10% of industrial
properties in the area. When the building was last assessed in 2012, the
assessment value was $13.9 million USD. |
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Branches: |
1101 Independence Dr West Chester, PA, 19382 United States |
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Related Companies: |
Wyatt Technology Europe GmbH Hochstraße 12a D-56307 Dernbach, Germany Wyatt Technology China RM 2302 Building 7 Jin Hui Jia Yuan No. 58 Xi Zhi Men Bei Street Hai Dian District Beijing, China Wyatt Technology France 45 rue Adolphe Coll FR-31300 Toulouse, France Wyatt Technology UK Ltd. Gothic Building Chauntry Mill Haverhill CB9 8AZ United Kingdom |
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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 major holder is: Dr. Philip J. Wyatt Ph.D. |
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Management: |
Dr. Philip J. Wyatt Ph.D. - Chief Executive Officer and Founder Mr. Geofrey K. Wyatt - President Mr. Clifford D. Wyatt - Executive Vice President Ms. Carolyn J. Walton - Corporate Controller Dr. Daniel Some Ph.D. - Director of Marketing and Principal Scientist |
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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 |
16 600 000 |
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Cash flow |
Normal |
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LEGAL FILINGS |
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PATENTS |
METHOD TO MEASURE PARTICLE MOBILITY IN SOLUTION WITH SCATTERED AND
UNSCATTERED LIGHT Publication number: 20130182254 Abstract: A method is disclosed for measurement of the electrophoretic
mobility of particles in solution. A sample is placed in a cell containing
two electrodes that apply an alternating electric field. A monochromatic
light beam passes through the sample. Light scattered by the particles, along
with the unscattered beam, is collected and collimated as it exits the cell.
This beam is combined in free space with a phase modulated reference beam.
The interference forms a frequency modulated speckle pattern, which is
detected by a photodetector array. Each array element collects a narrow range
of well-defined scattering angles. The signal from each is demodulated to
provide a first-principle measurement of the electrophoretic mobility of the
scattering particles. Type: Application Filed: March 1, 2013 Publication date: July 18, 2013 Applicant: WYATT TECHNOLOGY CORPORATION Inventor: Wyatt Technology Corporation Sample cell monitoring system Patent number: 4907884 Abstract: The light intensity incident on a scattering sample
contained in a scattering cell is monitored by simultaneous measurements of
the light incident on the cell before entering it and the light transmitted
through the cell after leaving it. Means to monitor the product of these
signals is disclosed and how this product is related to the actual incident
intensity at the sample is explained. The invention is presented in the
context of the scattering cell of the parent application. Type: Grant Filed: June 5, 1987 Date of Patent: March 13, 1990 Assignee: Wyatt Technology Corporation Inventors: Steven D. Philips, Jeffrey M. Reece, Philip J. Wyatt Method and apparatus for examining the interior of semi-opaque objects Patent number: 4810875 Abstract: A highly collimated light beam, such as produced by a laser,
is coupled by optical means directly onto a semi-opaque object such as a
human breast. The light transmitted and scattered therein is collected at a
fixed surface element and direction relative to the incident light, and
coupled optically into an image intensifier, preserving the spatial intensity
variations passing through said fixed surface element. The intensified image
is then collected on an array of detector elements which digitizes and then
transfers said preserved image into memory means where it is processed to
characterize the interior of said object. This invention has particular
application to the early detection of breast cancer. Type: Grant Filed: February 2, 1987 Date of Patent: March 7, 1989 Assignee: Wyatt Technology Corporation Inventor: Philip J. Wyatt Method and apparatus for measuring the light scattering properties of
small particles Patent number: 4693602 Abstract: The measurement of the scattering properties of very small particles
by electro-optical means generally requires the use of an intense, though
highly spatially inhomogeneous, light source such as a laser. Many
instruments require, therefore, that the intersection of the particle stream
with the illumination source be precisely regulated so that the flux incident
on the particle be known accurately. A method and apparatus are described by
which means the absolute intensity of the light incident on the particle need
not be known. A special structure and measurement process are described by
which means small particles are differentiated from larger particles grazing
the illumination beam. Type: Grant Filed: November 6, 1984 Date of Patent: September 15, 1987 Assignee: Wyatt Technology Corporation Inventors: Philip J. Wyatt, Steven D. Phillips |
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GOVERNMENT CONTRACTS |
Government Contractor: WYATT TECHNOLOGY CORPORATION Name & Address: 6300 HOLLISTER AVE SANTA BARBARA, CA 93117-3135 Number of Defense Contracts Awarded :
33 Dollar Amount of Defense Contracts Awarded: $1,635,991 |
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CASES |
Wyatt Technology Corporation v. Malvern Instruments Incorporat, et al Plaintiff - Appellant,: WYATT TECHNOLOGY CORPORATION, a California
corporation Defendant - Appellee,: MALVERN INSTRUMENTS INCORPORATED, a
Massachusetts corporation and DAVID DOLAK, an individual Case Number: 10-55343 Filed: March 10, 2010 Court: U.S. Court of Appeals, Ninth Circuit Nature of Suit: Copyright |
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TRADEMARKS |
DAWN Light Scattering Photometers Owned by: Wyatt Technology Corporation Serial Number: 73491123 Image Trademark LASER LIGHT SCATTERING PHOTOMETERS Owned by: Wyatt Technology Corporation Serial Number: 73521587 LASER CERTIFIED QUALITY ALCOHOLIC BEVERAGES Owned by: Wyatt Technology Corporation Serial Number: 73559471 EASI SOFTWARE PROGRAMS USED FOR THE ANALYSIS, PROCESSING, AND/OR DISPLAY OF
DATA COLLECTED BY LIGHT SCATTERING PHOTOMETERS AND… Owned by: Wyatt Technology Corporation Serial Number: 73838793 ASTRA SOFTWARE PROGRAMS USED FOR THE ANALYSIS, PROCESSING, AND/OR DISPLAY OF
DATA COLLECTED BY LIGHT SCATTERING PHOTOMETERS AND… Owned by: Wyatt Technology Corporation Serial Number: 73838796 AURORA SOFTWARE PROGRAMS USED FOR THE ANALYSIS, PROCESSING, AND/OR DISPLAY OF
DATA COLLECTED BY LIGHT SCATTERING PHOTOMETERS AND… Owned by: Wyatt Technology Corporation Serial Number: 73838797 DAWN laser light scattering photometers Owned by: Wyatt Technology Corporation Serial Number: 74294829 Image Trademark light scattering photometers Owned by: Wyatt Technology Corporation Serial Number: 74294878 UNIVERSITAS LUCIS SPARGENTIS training course completion certificates Owned by: Wyatt Technology Corporation Serial Number: 74519860 USERS' FORUM materials concerning a two day scientific meeting providing a means
for exchanging ideas and developments between users… Owned by: Wyatt Technology Corporation Serial Number: 74519861 |
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RENEWAL HISTORY |
Document Type File Date SI-COMPLETE 03/08/2017 SI-COMPLETE 02/11/2016 RESTATED REGISTRATION 07/21/2011 RESTATED REGISTRATION 09/29/1993 REGISTRATION 03/02/1984 |
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UCC |
No 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 1982, Wyatt Technology Corporation is a mid-sized
organization in the analytical instrument manufacturers industry located in
Santa Barbara, CA. It has 140 full time employees and generates an estimated $16.6 million
in annual revenue. The company operates nationally and internationally, mainly importing
from Russia. It is ACTIVE in business with no negative records. |
RISK
INFORMATION
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DEBTS |
Controlled |
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PAYMENTS |
Regular |
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CASH FLOW |
Normal |
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STATUS |
Active |
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INTERVIEW
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NAME |
Lindsay |
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POSITION |
Sales |
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COMMENTS |
She 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 President. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 63.39 |
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1 |
INR 85.74 |
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Euro |
1 |
INR 76.25 |
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USD |
1 |
INR 63.39 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
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PRA |
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Report Prepared
by : |
KET |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with moderate
risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on secured
terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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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
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Company
background and operations size
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Promoters
/ Management background
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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.