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MIRA INFORM REPORT
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Report No. : |
487100 |
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Report Date : |
20.01.2018 |
IDENTIFICATION DETAILS
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Name : |
ALICAT SCIENTIFIC, INC. |
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Registered Office : |
3762 N. El Morga Dr. Tucson, AZ 85745, USA |
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Country : |
United States |
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Date of Incorporation : |
1991 |
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Legal Form : |
Corporation |
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Line of Business : |
Subject designs and manufactures mass flow
meters, mass flow controllers, and pressure controllers. |
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No. of Employees : |
23 |
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 : |
Satisfactory |
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Payment Behaviour : |
No Complaints |
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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 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: |
ALICAT SCIENTIFIC, INC. |
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Trade
Names: |
ALICAT SCIENTIFIC, INC. |
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ID: |
05273714 |
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Date Created: |
1991 |
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Date Incorporated: |
October 1, 1992 |
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Legal Address: |
3762 N. El Morga Dr. Tucson, AZ 85745, USA |
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Operative Address: |
7641 N Business Park Dr Tucson, AZ 85743, USA |
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Telephone: |
888.290.6060 • 520.290.6060 |
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Fax: |
520.290.0109 |
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Legal Form: |
CORPORATION |
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Email: |
info@alicat.com |
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Registered in: |
ARIZONA |
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Website: |
www.alicatscientific.com |
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Contact: |
David Lashbrook - President |
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Staff: |
23 |
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Activity: |
Primary SIC Code: 8731 - Commercial Physical
and Biological NAICS Code 541715 Research and
Development in the Physical, Engineering, and Life Sciences (except
Nanotechnology and Biotechnology) |
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Banks: |
BANK OF AMERICA |
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History: |
The company was founded in 1991 and is based
in Tucson, Arizona. |
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Parent Company: |
As of November 2, 2010, Alicat
Scientific, Inc. operates as a subsidiary of: Halma plc. Misbourne Court Rectory Way Amersham, HP7 0DE United Kingdom |
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PRINCIPAL
ACTIVITY
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Alicat Scientific, Inc. designs and
manufactures mass flow meters, mass flow controllers, and pressure
controllers. |
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Products/Services description: |
It
offers digital or analog mass flow meters to measure the flow of gases
through a system; mass flow meters and controllers for aggressive gases;
liquid flow meters for flowing liquids; liquid flow controllers; digital
single valve and dual valve electronic pressure controllers; digital
pressure/vacuum gauges; portable flow meters and calibration standards to
measure and verify flow of installed instruments; Flow Vision software suite
that interfaces with the RS-232 communication; and accessories, which
comprise cables, power supplies, and configuration accessories. The company’s
products are used in various applications, including air sampling, faster
leak checking, fuel cell testing, external ion gauge vacuum control system,
product sparging, air delivery for automated liquid paint applications,
in-house check of gas chromatograph operation, fluid dispensing using
pressure control, bi-directional mass flow meters, flame and burner
monitoring, tungsten inert gas welding, sputtering flow control, bioreactor
outgassing, SOFC applications, and mixed gas re-metering. It serves companies
in automotive manufacturing, fuel cell development, environmental testing,
leak detection, spray drying, tank blanketing, extra-planetary exploration,
atmospheric testing, fiber optics, and process gas metering operations.
Alicat Scientific, Inc. offers its products through distributors in North
America, South America, Europe, Africa, Asia, and Australia. |
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Brands: |
ALICAT |
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Sales are: |
Wholesale |
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Clients: |
Organizacion Monitoreo Ambiental Ltda. Emerson Climate Technologies An Automatizacion Sa De Cv. MAHLE Sistemas de Filtración de México S.A.
de C.V. Zamtsu Corporacion Srl |
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Suppliers: |
NA |
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Operations area: |
National and International |
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The company
imports from |
No import found. |
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The company exports to |
COLOMBIA MEXICO PERU |
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The subject employs |
23 employees |
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Payments: |
No Complaints |
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LOCATION
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Headquarters : |
7641 N Business Park Dr Tucson, AZ 85743, USA |
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Comments on Address: |
- |
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Branches: |
No other branches were found. |
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Related Companies: |
Alicat Shanghai Office • China Room 1106, Metro Plaza • #555 Lou Shan
Guan Rd • Shanghai, PRC • 200051 Alicat Shanghai Service Center • China 1165 Lane Road, Shanghai Minhang
District, Downtown (1) Layer, Block B, 123 23 • Shanghai, PRC Alicat Mumbai Office • India M/s Halma India Pvt. Ltd. • C/O Avire India Pvt. Ltd. • Plot No. A-147, Road No. 24 • Next to Spraytech
Circle, opp. Metropolitan Company • Wagle Ind. Estate, Thane (West) • 400604,
Maharashtra, India Alicat Mumbai Service Center • India M/s Halma India Pvt. Ltd. • C/O Avire India
Pvt. Ltd. • Plot No. A-147, Road No. 24 • Next to
Spraytech Circle, opp. Metropolitan Company • Wagle Ind. Estate, Thane (West)
• 400604, Maharashtra, India Alicat Cambridge Office • United Kingdom Unit 2 College Park • Coldhams Lane •
Cambridge CB1 3HD • 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: |
The company does not disclose information
on shareholders. The following information has been obtained through private
sources: As of November 2, 2010, Alicat
Scientific, Inc. operates as a subsidiary of: Halma plc. Misbourne Court Rectory Way Amersham, HP7 0DE United Kingdom This information was provided by the company. |
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Management: |
David Lashbrook – President Gary Ferns – Vice President Charles Dubois – Director Arnold Moshier - Director Shailesh Patel - Executive Director |
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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 |
15.000.000 |
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Cash flow |
Normal |
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LEGAL
FILINGS
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PATENTS |
Wide range laminar flow element Patent number: 5511416 Abstract: A wide range laminar flow
element for use in differential pressure and thermal mass flowmeters is
disclosed. The flow element comprises multiple rectangular channels in a
single rectangular plate. The flow element contains tabs which can be
selectively removed to alter the effective diameter of the flow channel.
Alternatively, the laminar flow elements can be stacked to provide a larger
effective diameter of the flow channel. Type: Grant Filed: September 15, 1993 Date of Patent: April 30, 1996 Assignee: Alicat Scientific, Inc. Inventor: Ali Shambayati SYSTEMS AND METHODS FOR THERMAL MASS
FLOW INSULATION Publication number: 20160258801 Abstract: Embodiments described herein
include a system for insulating a flow meter that includes a thermal tube
sensor housing. The thermal tube sensor housing may include a housing cavity
that holds a sensor tube, a temperature sensor, and a heater for determining
a flow rate of a fluid. In some embodiments, the heater imparts thermal
energy onto the sensor tube. In some embodiments, the housing cavity
additionally holds an insulator for reducing leakage of the heat from the
housing cavity. In still some embodiments, the insulator includes a plurality
of beads and a binder material. Type: Application Filed: March 4, 2016 Publication date: September 8, 2016 Applicant: Alicat Scientific, Inc. Inventors: Neil W. Hartman, Colin A.
Roberts, Marcus A. Mitchell SYSTEMS AND METHODS FOR DETECTING FLOW
OF A FLUID Publication number: 20160258797 Abstract: Embodiments described herein
include systems and methods for detecting flow of a fluid. One embodiment of
a system includes a flow body, a thermal tube sensor housing, and a computing
device. In some embodiments, the flow body includes an inlet for receiving
the fluid and an outlet for expelling the fluid, the thermal tube sensor
housing includes a sensor tube that includes a first connection portion and a
second connection portion, and the sensor tube is configured with a cross
position where a first portion of the sensor tube crosses paths with a second
portion of the sensor tube, reducing a thermo-siphoning effect. Type: Application Filed: March 4, 2016 Publication date: September 8, 2016 Applicant: Alicat Scientific, Inc. Inventors: Neil W. Hartman, Colin A.
Roberts, Marcus A. Mitchell Systems and methods for thermal mass
flow insulation Patent number: 9823107 Abstract: Embodiments described herein
include a system for insulating a flow meter that includes a thermal tube sensor
housing. The thermal tube sensor housing may include a housing cavity that
holds a sensor tube, a temperature sensor, and a heater for determining a
flow rate of a fluid. In some embodiments, the heater imparts thermal energy
onto the sensor tube. In some embodiments, the housing cavity additionally
holds an insulator for reducing leakage of the heat from the housing cavity.
In still some embodiments, the insulator includes a plurality of beads and a
binder material. Type: Grant Filed: March 4, 2016 Date of Patent: November 21, 2017 Assignee: Alicat Scientific, Inc. Inventors: Neil W. Hartman, Colin A.
Roberts, Marcus A. Mitchell |
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GOVERNMENT CONTRACTS |
No records found. |
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CASES |
No records found. |
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TRADEMARKS |
No records found. |
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RENEWAL HISTORY |
No records found. |
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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 1991, Alicat Scientific, Inc.
is an organization in the Other Professional Equipment and Supplies Merchant
Wholesalers industry headquartered in Tucson, Arizona. The company has 23 regular employees and
generates an estimated 15 million USD in annual revenue. The company operates nationally and
internationally, mainly exporting to Colombia, Mexico and Peru. It is ACTIVE
in business with no negative records. |
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RISK
INFORMATION
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DEBTS |
Controlled |
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PAYMENTS |
No Complaints |
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CASH FLOW |
Normal |
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STATUS |
Active |
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INTERVIEW
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NAME |
Michael |
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POSITION |
Sales |
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COMMENTS |
He confirmed the name of the company,
the address of the headquarters and location, the date of creation of the
company, the number of employees and the name of the President. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 63.72 |
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1 |
INR 88.64 |
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Euro |
1 |
INR 78.14 |
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US Dollar |
1 |
INR 63.83 |
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 : |
TRU |
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.