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MIRA INFORM REPORT
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Report No. : |
484395 |
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Report Date : |
13.01.2018 |
IDENTIFICATION DETAILS
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Name : |
LABCONCO CORPORATION |
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Formerly Known As : |
LABORATORY CONSTRUCTION COMPANY |
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Registered Office : |
Stephen E. Gound, 8811 Prospect Avenue, Kansas City, Mo 64132 |
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Country : |
United States |
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Date of Incorporation : |
1925 |
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Legal Form : |
Corporation |
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Line of Business : |
Subject offers ventilated enclosures and exhausters, such as fume
hoods, enclosures and remote blowers, ductless enclosures, biological safety
cabinets and enclosures, clean benches, PCR enclosures, balance enclosures,
bulk powder and equipment enclosures, nanotechnology enclosures, laboratory
animal research stations, non-ventilated enclosures, and remote blowers and
exhausters. The company also provides freeze dry systems; forensic
enclosures; dry evaporators, concentrators, and cold traps, including nitrogen
blow down dry evaporators, vacuum dry evaporators, vacuum concentrators,
vacuum concentrator systems, cold traps, and bio-concentrators. In addition,
it offers glove boxes and gas purifiers, such as controlled atmosphere glove
boxes, filtered glove boxes, combination glove boxes, and re-gen gas
purifiers; Kjeldahl, fat, and crude fiber apparatus; and glassware washers
and water purification systems. Further, the company provides laboratory
carts, tables, and benches, including blood drawing chairs, vacuum
desiccators, and cleaners and wipes; and base stands, base cabinets, and work
surfaces. Furthermore, it offers parts and accessories, such as filters and
prefilters, vacuum pumps, freeze dry system accessories, and ventilation
product accessories; and chemical assessment, filter reminder, and glassware
washing cost calculator services. |
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No. of Employees : |
220 |
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 (30.06.2017) |
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: |
LABCONCO CORPORATION |
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Trade Names: |
LABCONCO CORPORATION |
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ID: |
00050411 |
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Date Created: |
1925 |
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Date Incorporated: |
4/13/1929 |
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Legal Address: |
STEPHEN E. GOUND 8811 PROSPECT AVENUE KANSAS CITY, MO 64132 Status Good Standing |
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Operative Address: |
8811 Prospect Avenue Kansas City, MO 64132-2696 United States |
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Telephone: |
816-333-8811 |
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Fax: |
816-363-0130 |
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Legal Form: |
CORPORATION |
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Email: |
labconco@labconco.com |
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Registered in: |
MISSOURI |
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Website: |
www.labconco.com |
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Contact: |
Mr. Phil Goldfisch, Co-Founder |
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Staff: |
220 |
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Activity: |
SIC Code 3821, Laboratory Apparatus and Furniture Business Categories Laboratory Equipment and Supplies-Manufacturers in Kansas City, MO |
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Banks
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BANK OF AMERICA |
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History
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Labconco Corporation was formerly known as Laboratory Construction Company
and changed its name to Labconco Corporation in 1957. The company was founded
in 1925 and is based in Kansas City, Missouri. |
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PRINCIPAL
ACTIVITY
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Labconco Corporation manufactures laboratory equipment. |
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Products/Services description: |
It offers ventilated enclosures and exhausters, such as fume hoods,
enclosures and remote blowers, ductless enclosures, biological safety
cabinets and enclosures, clean benches, PCR enclosures, balance enclosures,
bulk powder and equipment enclosures, nanotechnology enclosures, laboratory
animal research stations, non-ventilated enclosures, and remote blowers and
exhausters. The company also provides freeze dry systems; forensic
enclosures; dry evaporators, concentrators, and cold traps, including
nitrogen blow down dry evaporators, vacuum dry evaporators, vacuum
concentrators, vacuum concentrator systems, cold traps, and
bio-concentrators. In addition, it offers glove boxes and gas purifiers, such
as controlled atmosphere glove boxes, filtered glove boxes, combination glove
boxes, and re-gen gas purifiers; Kjeldahl, fat, and crude fiber apparatus;
and glassware washers and water purification systems. Further, the company
provides laboratory carts, tables, and benches, including blood drawing
chairs, vacuum desiccators, and cleaners and wipes; and base stands, base
cabinets, and work surfaces. Furthermore, it offers parts and accessories,
such as filters and prefilters, vacuum pumps, freeze dry system accessories,
and ventilation product accessories; and chemical assessment, filter
reminder, and glassware washing cost calculator services. |
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Brands: |
Labconco® LabconcoDescription:
ttp://www.labconco.com/images/cms/content/LCCchinesesymbol.gif Airo™ Air-Wave™ AtmosPure™ Auto Densi-Flow™ Axiom® Basic™ CAP (Constant Airflow Profile)™ CApture™ CentriVap® CentriZap™ Chem-Zone™ ClassMate® Clean-Sweep™ Contain-Air™ Cool-Zone™ Cord-Keeper™ Delta™ Echo™ Eco-Foil™ End-Zone™ Fast-Freeze™ FilterMate™ FlaskScrubber® Flexi-Bin™ FreeZone® Guardian™ Heat Boost™ Inclination Technology™ Intelli-Sense® LabSolutions™ Logic® Lyph-Lock™ MyLogic™ Night-Smart™ Omni-Flex™ Opti-Zone™ Paramount® Precise® PrimeMate™ Protecting your laboratory environment® Protector® Protector® Airo™ Protector ClassMate® Protector® Echo™ Protector Premier® Protector XStream® Pure-Vu™ PuriCare® Purifier® RapidStill™ RapidVap® Reserve-Air™ RevElution® RXPert™ Scope-Ready™ Scout™ ScrubAir™ ScrubberMate™ Smart-Start™ SoLo™ SpillStopper™ Stand-Still™ SteamScrubber® Temp-Zone™ TimeSaver™ Triad® WaterPro® BT™ Vacu-Pass™ Vantage Series® Ventus™ Vertex™ XL™ XPert® XStream® |
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Sales are: |
Wholeasle |
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Clients: |
The company sells its products through a worldwide network of
laboratory supply distributors. Equipack Sa De Cv Mexico Labomersa S.A. Ecuador |
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Suppliers: |
Hanning Elektro Werke Gmbh & Co Kg Germany |
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Operations area: |
National and international |
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The company imports from |
Germany |
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The company exports to |
Mexico, Ecuador |
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The subject employs |
220 employees |
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Payments: |
Regular |
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LOCATION
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Headquarters : |
8811 Prospect Avenue Kansas City, MO 64132-2696 United States |
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Comments on Address: |
NA |
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Branches: |
2500 Liberty Bell Rd Fort Scott, Kansas 66701-3004 United States |
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Related Companies: |
NA |
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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. Major holder is: PHIL GOLDFISCH |
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Management: |
Mr. Phil Goldfisch Co-Founder Mr. Ralph Callaway Co-Founder Mr. Kevin Gilkison Director of Ventilation Technologies Mr. Pat Anderson Vice President of International |
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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 2015 |
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Estimated Net Revenue |
41,800,000 |
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Cash flow |
Normal |
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LEGAL
FILINGS
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PATENTS |
Latest Labconco Corporation Patents: Portable fingerprint development system Method and apparatus for determining presence of moisture in freeze
dryer vacuum line Laboratory balance enclosure Laboratory hood with clear panels on four sides Laboratory balance enclosure |
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GOVERNMENT CONTRACTS |
No found. |
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CASES |
Brian Lindsay, Respondent, v. St. Olaf College, et al., Appellants,
Labconco Corporation, et al., Defendants.
Date: January 29, 2008 Docket Number: A06-2137 |
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TRADEMARKS |
LABCONCO CORPORATION Trademarks CHLORIDOMETER Automatic Chloride Titrators Owned by: LABCONCO CORPORATION Serial Number: 72045580 LAB CON CO LABORATORY CARTS Owned by: LABCONCO CORPORATION Serial Number: 72225329 SWIRLAWAY FUME HOODS FOR LABORATORY USE Owned by: LABCONCO CORPORATION Serial Number: 72293392 WHERE NEW IDEAS BECOME BETTER PRODUCTS RESEARCH, DEVELOPMENT AND DESIGNING IN THE FIELD OF LABORATORY
EQUIPMENT Owned by: LABCONCO CORPORATION Serial Number: 72296175 DANGER HOUSE ANIMATED DISPLAY SYSTEM FOR EDUCATIONAL PURPOSES Owned by: LABCONCO CORPORATION Serial Number: 72422083 LABLYTER PIEZO ELECTRIC TYPE IGNITER FOR GAS APPLIANCES USED IN LABORATORIES Owned by: LABCONCO CORPORATION Serial Number: 72434908 LABCONCO LABORATORY EQUIPMENT AND APPARATUS-NAMELY, BACTERIOLOGICAL SAFETY
ENCLOSURES, GLOVE BOXES, CULTURE HOODS, KJELDAHL NITROGEN… Owned by: LABCONCO CORPORATION Serial Number: 73086234 SWIRLAWAY FUME SCRUBBER Owned by: LABCONCO CORPORATION Serial Number: 73096472 FAST FREEZE GLASS LABORATORY FLASKS FOR FREEZE DRYING AND PARTS AND COMPONENTS
THEREOF Owned by: LABCONCO CORPORATION Serial Number: 73130764 LYPH-LOK GLASS LABORATORY FLASKS FOR FREEZE DRYING AND PARTS AND COMPONENTS
THEREOF Owned by: LABCONCO CORPORATION Serial Number: 73130765 "VAC-STOP" TRAY DRYER FOR FREEZE-DRYING APPARATUS Owned by: LABCONCO CORPORATION Serial Number: 73148355 SPIN-FREEZE FREEZE DRYERS FOR LABORATORY USE Owned by: LABCONCO CORPORATION Serial Number: 73173404 STERILE BENCH Combination Air Purifying Unit, Fume Hood, and Laboratory Work Bench Owned by: LABCONCO CORPORATION Serial Number: 73407278 PROTECTOR Laboratory Hoods Owned by: LABCONCO CORPORATION Serial Number: 73411078 AUTO DENSI-FLOW LABORATORY EQUIPMENT NAMELY UNITS FOR DEPOSITING A PRE-FORMED DENSITY
GRADIENT AND REMOVING CENTRIFUGED SAMPLE LAYERS THEREFROM… Owned by: LABCONCO CORPORATION Serial Number: 73487394 POLYANALYST POLYANALYST LABORATORY EQUIPMENT, NAMELY ELECTROPHORESIS ANALYZING AND TESTING
UNIT Owned by: LABCONCO CORPORATION Serial Number: 73551711 LABCONCO SCIENTIFIC APPARATUS, NAMELY, [ ACID AND CAUSTIC DISPENSING APPARATUS,
BACTERIOLOGICAL SAFETY ENCLOSURES, ] TISSUE CULTURE… Owned by: LABCONCO CORPORATION Serial Number: 73654696 LYPH-LOCK LABORATORY EQUIPMENT, NAMELY FREEZE DRYERS AND PART THEREFOR Owned by: LABCONCO CORPORATION Serial Number: 73693412 PEOPLE WHO CARE...PRODUCTS THAT PROVE IT LABORATORY EQUIPMENT, NAMELY, ENVIRONMENTAL CONTROL APPARATUS IN THE
NATURE OF FUME HOODS, FUME HOOD BLOWERS, LABORATORY… Owned by: LABCONCO CORPORATION Serial Number: 73734917 PROTECTOR LABORATORY HOODS Owned by: LABCONCO CORPORATION Serial Number: 73805574 CHLORIDE STATION laboratory instruments for determining the chloride content of food, blood,
water, and other liquids Owned by: LABCONCO CORPORATION Serial Number: 74145231 CENTRIVAP centrifugal concentrators Owned by: LABCONCO CORPORATION Serial Number: 74145232 ATMOSPURE controllers for laboratory glove boxes Owned by: LABCONCO CORPORATION Serial Number: 74277420 DENSI-FLOW laboratory apparatus for decanting liquids from and injecting liquids
into vessels Owned by: LABCONCO CORPORATION Serial Number: 74286612 RAPIDVAP laboratory evaporator Owned by: LABCONCO CORPORATION Serial Number: 74349218 LABCONCO laboratory equipment, namely chloride measures, column chromatography
fraction collectors, density gradient separators,… Owned by: LABCONCO CORPORATION Serial Number: 74445872 REACH & ROLL REACH & ROLL wheeled metal push carts with built-in metal step ladder for use in
laboratories Owned by: LABCONCO CORPORATION Serial Number: 75689762 PROTECTING YOUR LABORATORY ENVIRONMENT SCIENTIFIC APPARATUS, NAMELY, [ ACID AND CAUSTIC DISPENSING APPARATUS,
] BACTERIOLOGICAL SAFETY ENCLOSURES, TISSUE CULTURE… Owned by: LABCONCO CORPORATION Serial Number: 75881517 DELTA LABORATORY EQUIPMENT, NAMELY, BIOLOGICAL SAFETY CABINETS Owned by: LABCONCO CORPORATION Serial Number: 76019253 PROTECTOR CLASSMATE LABORATORY FUME HOODS Owned by: LABCONCO CORPORATION Serial Number: 76222777 PRECISE LABORATORY GLOVE BOXES, NAMELY, ISOLATION GLOVE BOXES FOR THE HANDLING
OF PATHOGENIC SUBSTANCES AND HIGH-RISK MICROORGANISMS… Owned by: LABCONCO CORPORATION Serial Number: 77114475 LOGIC LABORATORY BIOLOGICAL SAFETY CABINET HOODS FOR ISOLATING PATHOGENIC
SUBSTANCES AND CONTAINING HIGH-RISK MICROORGANISMS Owned by: LABCONCO CORPORATION Serial Number: 77114485 VANTAGE SERIES LABORATORY GLASSWARE WASHING MACHINES Owned by: LABCONCO CORPORATION Serial Number: 78269803 GOOD MOUSEKEEPING CAGES FOR USE AS ANIMAL RESEARCH ENCLOSURES Owned by: LABCONCO CORPORATION Serial Number: 78326299 XPERT LABORATORY EQUIPMENT, NAMELY, BALANCE ENCLOSURES Owned by: LABCONCO CORPORATION Serial Number: 78452959 LABCONCO LABORATORY EQUIPMENT, namely, [ CHLORIDE MEASURES, COLUMN
CHROMATOGRAPHY FRACTION COLLECTORS, ] DENSITY GRADIENT SEPARATORS… Owned by: LABCONCO CORPORATION Serial Number: 78473257 TRIAD LABORATORY FREEZE DRYERS Owned by: LABCONCO CORPORATION Serial Number: 78920939 PROTECTOR FORENSIC ANALYSIS LABORATORY EQUIPMENT, NAMELY, FINGERPRINT
DEVELOPMENT SCANNERS; FINGERPRINT CONTAINMENT EQUIPMENT, NAMELY… Owned by: LABCONCO CORPORATION Serial Number: 85012030 REVELUTION LABORATORY EQUIPMENT AND FILTERS FOR SEPARATING, CONCENTRATING AND/OR
EXTRACTING CHEMICAL AND/OR BIOLOGICAL COMPONENTS FROM… Owned by: LABCONCO CORPORATION Serial Number: 85496414 AXIOM LABORATORY BIOLOGICAL SAFETY CABINET HOODS FOR ISOLATING PATHOGENIC SUBSTANCES
AND CONTAINING HIGH-RISK MICROORGANISMS Owned by: LABCONCO CORPORATION Serial Number: 86264444 |
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RENEWAL HISTORY |
Registration Reports Annual
Registration Report 3/27/2017
3/27/2017 View Document Registration
Reports Annual Registration Report 3/22/2016 3/22/2016 View Document Modify Articles of Amendment 8/20/2015 8/20/2015 View Document Registration
Reports Annual Registration Report 3/11/2015 3/11/2015 View Document Registration
Reports Annual Registration Report 3/25/2014 3/25/2014 View Document Registration
Reports Annual Registration Report 3/26/2013 3/26/2013 View Document Registration
Reports Annual Registration Report 3/26/2012 3/26/2012 View Document Registration
Reports Annual Registration Report 4/13/2011 4/13/2011 View Document Registration
Reports Annual Registration Report 4/8/2010 4/8/2010 View Document Registration
Reports Annual Registration Report 3/27/2009 3/27/2009 |
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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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Labconco Corporation manufactures laboratory equipment. Labconco Corporation was formerly known as Laboratory Construction Company
and changed its name to Labconco Corporation in 1957. The company was founded in 1925 and is based in Kansas City, Missouri. It mainly imports from germany and exports to Latin America. It is ACTIVE in MISSOURI; with no negative records. |
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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 |
Joseph |
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POSITION |
Operator |
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COMMENTS |
He confirmed address, website, e-mail, management, experience, brands
and imports. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 63.53 |
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1 |
INR 86.05 |
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Euro |
1 |
INR 76.53 |
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USD |
1 |
INR 63.61 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
: |
PRA |
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Report Prepared
by : |
SYL |
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
·
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.