|
|
|
MIRA INFORM REPORT
|
Report No. : |
494514 |
|
Report Date : |
05.03.2018 |
IDENTIFICATION DETAILS
|
Name : |
CASCADE
CORPORATION |
|
|
|
|
Registered Office : |
Registered Agent Information,
Mn Service Corporation (Oregon), 111 Sw Fifth Ave Ste 3400, Portland, OR
97204 |
|
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|
|
Country : |
United States |
|
|
|
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Date of Incorporation : |
14.08.1943 |
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|
|
Legal Form : |
Corporation |
|
|
|
|
Line of Business : |
Subject
manufactures loading devices and replacement parts primarily for the
lift-truck and construction industry. Its products are designed to handle
loads with or without pallets. The company also manufactures construction
attachments used in the infrastructure, demolition, recycling, forestry,
utility, and general construction markets. Cascade markets its products to
original equipment dealers and manufacturers of construction, mining,
agricultural, and industrial vehicles. |
|
|
|
|
No. of Employees : |
680 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
A+ |
|
Credit Rating |
Explanation |
Rating Comments |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
Status : |
Excellent |
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|
|
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Payment Behaviour : |
Regular |
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|
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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
|
Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
|
United States |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
UNITED STATES - ECONOMIC OVERVIEW
The US has the most technologically powerful economy in the world, with a per capita GDP of $57,300. US firms are at or near the forefront in technological advances, especially in computers, pharmaceuticals, and medical, aerospace, and military equipment; however, their advantage has narrowed since the end of World War II. Based on a comparison of GDP measured at purchasing power parity conversion rates, the US economy in 2014, having stood as the largest in the world for more than a century, slipped into second place behind China, which has more than tripled the US growth rate for each year of the past four decades.
In the US, private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. US business firms enjoy greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus workers, and to develop new products. At the same time, businesses face higher barriers to enter their rivals' home markets than foreign firms face entering US markets.
Long-term problems for the US include stagnation of wages for lower-income families, inadequate investment in deteriorating infrastructure, rapidly rising medical and pension costs of an aging population, energy shortages, and sizable current account and budget deficits.
The onrush of technology has been a driving factor in the gradual development of a "two-tier" labor market in which those at the bottom lack the education and the professional/technical skills of those at the top and, more and more, fail to get comparable pay raises, health insurance coverage, and other benefits. But the globalization of trade, and especially the rise of low-wage producers such as China, has put additional downward pressure on wages and upward pressure on the return to capital. Since 1975, practically all the gains in household income have gone to the top 20% of households. Since 1996, dividends and capital gains have grown faster than wages or any other category of after-tax income.
Imported oil accounts for nearly 55% of US consumption and oil has a major impact on the overall health of the economy. Crude oil prices doubled between 2001 and 2006, the year home prices peaked; higher gasoline prices ate into consumers' budgets and many individuals fell behind in their mortgage payments. Oil prices climbed another 50% between 2006 and 2008, and bank foreclosures more than doubled in the same period. Besides dampening the housing market, soaring oil prices caused a drop in the value of the dollar and a deterioration in the US merchandise trade deficit, which peaked at $840 billion in 2008. Because the US economy is energy-intensive, falling oil prices since 2013 have alleviated many of the problems the earlier increases had created.
The sub-prime mortgage crisis, falling home prices, investment bank failures, tight credit, and the global economic downturn pushed the US into a recession by mid-2008. GDP contracted until the third quarter of 2009, making this the deepest and longest downturn since the Great Depression. To help stabilize financial markets, the US Congress established a $700 billion Troubled Asset Relief Program (TARP) in October 2008. The government used some of these funds to purchase equity in US banks and industrial corporations, much of which had been returned to the government by early 2011. In January 2009, Congress passed and President Barack OBAMA signed a bill providing an additional $787 billion fiscal stimulus to be used over 10 years - two-thirds on additional spending and one-third on tax cuts - to create jobs and to help the economy recover. In 2010 and 2011, the federal budget deficit reached nearly 9% of GDP. In 2012, the Federal Government reduced the growth of spending and the deficit shrank to 7.6% of GDP. US revenues from taxes and other sources are lower, as a percentage of GDP, than those of most other countries.
Wars in Iraq and Afghanistan required major shifts in national resources from civilian to military purposes and contributed to the growth of the budget deficit and public debt. Through 2014, the direct costs of the wars totaled more than $1.5 trillion, according to US Government figures.
In March 2010, President OBAMA signed into law the Patient Protection and Affordable Care Act, a health insurance reform that was designed to extend coverage to an additional 32 million Americans by 2016, through private health insurance for the general population and Medicaid for the impoverished. Total spending on healthcare - public plus private - rose from 9.0% of GDP in 1980 to 17.9% in 2010.
In July 2010, the president signed the DODD-FRANK Wall Street Reform and Consumer Protection Act, a law designed to promote financial stability by protecting consumers from financial abuses, ending taxpayer bailouts of financial firms, dealing with troubled banks that are "too big to fail," and improving accountability and transparency in the financial system - in particular, by requiring certain financial derivatives to be traded in markets that are subject to government regulation and oversight.
In December 2012, the Federal Reserve Board (Fed) announced plans to purchase $85 billion per month of mortgage-backed and Treasury securities in an effort to hold down long-term interest rates, and to keep short-term rates near zero until unemployment dropped below 6.5% or inflation rose above 2.5%. In late 2013, the Fed announced that it would begin scaling back long-term bond purchases to $75 billion per month in January 2014 and further reduce them as conditions warranted; the Fed ended the purchases during the summer of 2014. In 2014, the unemployment rate dropped to 6.2%, and continued to fall to 5.5% by mid-2015, the lowest rate of joblessness since before the global recession began; inflation stood at 1.7%, and public debt as a share of GDP continued to decline, following several years of increases. In December 2015, the Fed raised its target for the benchmark federal funds rate by 0.25%, the first increase since the recession began. With US GDP growth below 2%, the Fed opted to raise rates three times since then, and in mid-June 2017, the range for the target rate stood at 1% to 1.25%.
|
Source
: CIA |
STATUTORY
INFORMATION
|
Legal Name: |
CASCADE CORPORATION |
|
Trade Name: |
CASCADE |
|
ID: |
042528-13 |
|
Date Created: |
1943 |
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Date Incorporated: |
August 14, 1943 |
|
Legal Address: |
Registered Agent
Information Mn Service
Corporation (Oregon) 111 Sw Fifth Ave
Ste 3400 Portland, OR 97204 |
|
Operative Address: |
P.O. Box 20187 Portland, Oregon
97294-0187 USA |
|
Telephone: |
800-CASCADE
(227-2233) (503) 669-6300 |
|
Fax: |
800-693-3768 (503) 669-6321 |
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Legal Form: |
Corporation |
|
Email: |
info@cascorp.com rentals@cascorp.com parts@cascorp.com |
|
Registered in: |
OREGON |
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Website: |
www.cascorp.com |
|
Contact: |
Richard S. Anderson,
Chief Executive Officer, President & Director Joseph G. Pointer,
Chief Financial Officer, Principal Accounting Officer, Vice President &
Secretary |
|
Staff: |
680 |
|
Activity: |
NAICS 1: Industrial
Truck, Tractor, Trailer, and Stacker Machinery Manufacturing NAICS 2:
Construction Machinery Manufacturing SIC 1: Lift Trucks,
Industrial: Fork, Platform, Straddle, Etc. SIC 2: Construction
Machinery |
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BANKS: |
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The company does not make its banking
data public |
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HISTORY
|
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Cascade Manufacturing Company was
founded in 1943 in Portland, Oregon as a small machine building workshop in
which only four people worked. |
|
|
Key Developments: |
After five years of operation, annual sales had
reached $ 330,000 and the company's staff had increased to about 40 people.
The design and production of the company's first hydraulic cylinder paved the
way for Cascade's dynamic search for new business opportunities. In the 1950s, Cascade began to design, manufacture
and market hydraulic accessories. In 1956 construction of new facilities to
house all plant and office operations in Oregon was completed, a building
that is now Cascade's world headquarters. After 15 years in the market, sales
totaled almost $ 2,300,000 and the workforce was 180 employees. In 1959, Cascade expanded its base of operations
with the opening of a second manufacturing plant in Springfield, Ohio. The
following year marked the first step of Cascade towards the international
terrain, with interests in companies of the Netherlands, England and
Australia. In 1964 the company adopted the name Cascade
Corporation. Cascade went public in 1965 with an initial offer of 200,000
common shares. Cascade expanded its product offering significantly
in 1996 and 1997 with the acquisition of five companies, including Kenhar
Corporation, the world leader in the hairpin industry. |
|
|
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PRINCIPAL
ACTIVITY
|
|
|
Cascade Corporation
is a large-sized organization in the industrial truck and tractor
manufacturers industry located in Fairview, OR. |
|
|
Products/Services description: |
Cascade Corp. manufactures loading devices and replacement
parts primarily for the lift-truck and construction industry. Its products
are designed to handle loads with or without pallets. The company also
manufactures construction attachments used in the infrastructure, demolition,
recycling, forestry, utility, and general construction markets. Cascade
markets its products to original equipment dealers and manufacturers of
construction, mining, agricultural, and industrial vehicles. ACCESORIES: Side displacer Fork Positioners Paper Coil Clamps Pushers / pickers (push / pull devices) Tongs for Cardboard Boxes Rotators Handling multiple loads Tweezers Layer Loader Specialized Products Mobile weighing Hydraulic and Electrical Systems Options and Accessories Rebuilt accessories Refurbished / Rentals. Fleet of accessories Custom Products FORKS SERVICES: Technical assistance manuals Technical assistance Prices and pieces information Register your accessory Presentation of guarantee request Calculate capacity Frequent questions Links with the sector Locator of technical data sheet and legend OEM security vault and supplier |
|
Brands: |
NA |
|
Sales are: |
Wholesale |
|
Clients: |
UNIMAQ S A Colombia Global Equipment S.A. De. C.V. Mexico MONTACARGAS Y MANEJO DE MATERIALES SA DE CV Mexico Tracsa SA De Cv Mexico Ozmaq Sa Cv Mexico MOMATT SA DE CV Mexico Briggs Equipment Sa De Cv Mexico Corporacion Nexum Nexumcorp Sa Ecuador |
|
Suppliers: |
Sunstream Industries Pte., Ltd. Singapore Toyota Tsusho Mexico Mexico CASCADE XIAMEN FORKLIFT TRUCK China Toyocosta Sa Ecuador |
|
Operations area: |
National and international |
|
The company imports from |
Singapore, Mexico, China and Ecuador |
|
The company exports to |
Worldwide |
|
The subject
employs |
680 employees |
|
Payments: |
Regular |
|
|
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LOCATION
|
|
|
Headquarters : |
P.O. Box 20187 Portland, Oregon 97294-0187 USA |
|
Comments: |
NA |
|
Branches: |
Cascade Corporation
- Portland, OR 2201 NE 201 Ave. Fairview, OR
97024-9718 Phone:800-CASCADE
(227-2233) Fax: 800-693-3768 Cascade Corporation
- Springfield, OH 2501 Sheridan
Avenue Springfield, Ohio
45505 USA Phone:+1 937 327
0300 Fax:+1 937 327 0082 Cascade
Corporation: parts warehouse 2501 Sheridan
Avenue Springfield, Ohio
45505 - USA Telephone: +1 888-CASCADE,
+1 937 327 0300 Fax: +1 937 327
0329 parts@cascorp.com Cascade Corporation
- Warner Robins, GA 104 Industrial Park
Blvd. Warner Robins,
Georgia 31088 - USA Telephone: 478 /
922-7173 Fax: 478 / 922-9014 Cascade Corporation
- Findlay, OH 2000 Production
Drive Findlay, Ohio 45840
- USA Phone: 419 /
425-3675 (800) 255-3675 Fax: 419 / 425-6999 |
|
Main Competitors |
Nacco Industries,
Inc. 5875 Landerbrook
Drive Suite 220 Cleveland, OH 44124 United States Crown Equipment
Corporation 44 S Washington St New Bremen, Ohio
45869-1247 United States Clark Material
Handling Company 700 Enterprise Dr Lexington, Kentucky
40510-1028 United States |
|
Related Companies: |
Cascade Canada, Ltd. - Guelph, Ontario PO Box 1508 Guelph, Ontario N1H 6N9 - Canada Phone: 1-877-CASCADE Fax: 519 / 763-1472
Address: RR # 3 Nicholas
Beaver Industrial Park Rd. Guelph, Ontario N1H 6H9 Canada Cascade Brasil www.cascade.com.br Praça Salvador Rosa, 131/141 - Jordanópolis
São Bernardo do Campo - SP CEP 09891-430 Tel: (11) 4930-9800 Cascade Italia srl Via dell'Artigianato 1 37030 Vago di Lavagno (VR) Italy Tel. 0039 (0) 45 8989111 Fax 0039 (0) 45 8989160 Cascade BV Damsluisweg 56 P.O.Box 3009 1300 EL Almere The Netherlands Tel. 0031 (0)
36-5492950 Fax 0031 (0)
36-5492974 Cascade (UK) Ltd. 3 Kelbrook Road Parkhouse
Industrial Estate Openshaw Manchester M11 2DD U.K. Tel.MHP: 0044 (0)
161 4384020 Tel.Forks: 0044 (0)
161 4384010 Fax 0044 (0) 161 438 4055 Cascade France sarl MHP 250, Rue Jean MERMOZ Bätîment le Sirocco ZA de l'Aêropôle 44150 Ancenis,
France Tel. 00-33- (0)
2-40-98-98-30 Fax. 00-33- (0)
2-40-98-98-52 Cascade GmbH Max-Planck-Str. 15b
40699 Erkrath Germany Tel. +49 211 598955
0 Fax +49 211 59 89
55 11 und 14 Cascade Hispania SA Nicaragua, 48 3rd
floor 5th 08029 Barcelona
Spain Tf 93 7197530 Tel. 0034 93
7197350 Fax 0034 93 7197351 Cascade NV Finland Fox Center Wärtsilänkatu 61 04440 Järvenpää Finland Tel. +358 400
559577 Sales Scotland Macade Handling
Systems Ltd. 18 Melford Road Righead Ind. Estate
Bellshill ML4 3LR,
Scotland Tel. 0044 (0)
1698-845777 Fax 0044 (0)
1698-845888 RUSSIA Ivan Mansurov ООО "КАСКОРП" Россия, г. Москва, 115054, ул. Бахрушина, д. 32, стр.1 Tel. +7 (921) 640
36 53 e mail:
ivan.mansurov@cascorp.com SWITZERLAND Fahrzeugbedarf 8810, Horgen Switzerland Tel. 0041 (0) 4472
79797 TURKEY Cenk Alpaslan mobile phone +
90-5332213251 Fax: +
90-2165742291 e mail:
calpasla@cascorp.com CZECK REPUBLIC,
SLOVAKIA Jan Horák Tel. +
420-724960751 Fax. +
420-495581384 e mail:
jhorak@cascorp.com SOS BATTERY, LDA Travessa S. Pedro,
Lot A 2670-335 St.º Ant.
Two Cavaleiros Phone: +351 219 890
450 Phone: +351 225 104
097 MIDDLE EAST Henk Huisman Sales Agent, Middle
East Phone: +31 (0) 36
54 92 902 Cell: +31 (0) 6
5384 0090 Email:
henk.huisman@cascorp.com |
|
Cascade (Japan)
Ltd. 2-23, 2-Chome,
Kukuchi Nishimachi Amagasaki, Hyogo, Japan 661-0978 Phone: + 81-6-6420-9771 Fax: + 81-6-6420-9777 cascadejapan.com Cascade Xiamen
Forklift Truck Attachment Co., Ltd. No.668 Yangguang
Rd., Xinyang Industrial
Zone Haicang, Xiamen,
Fujian Province 361026 China Phone: +86 (592)
651 2500 Fax: +86 (592) 651
2571 www.cascorp.com.cn Cascade (Korea) 121B 9L, Namdong
Industrial Complex 691-8 Gojan-Dong,
Namdong-Ku Inchon, Korea Phone: +
82-32-821-2051 Fax: +
82-32-821-2055 Sunstream
Industries Pte. Ltd. - Cascade Distributor 18 Tuas South
Street 5 Singapore 637796 Phone: + 65-6795-7555
Fax: + 65-6863-1368 Cascade India
Material Handling Private Limited Office No.21, 3rd
Floor, Lokmanya House, Plot No.44, Mr. No.
89/90, CTS No.950, Lokmanya Colony,
Paud Road, Kothrud,
Pune-411038 Phone: +91 955 250
3060 Cascade (Australia)
Pty. Ltd. 36 Kiln Street Darra QLD 4076 Customer inquiries:
1-800-227-223 Fax: +61 7
3373-7333 info.aus@cascorp.com General inquiries : +61 7 3373-7300 PO Box 332
Salisbury QLD 4107 Cascade New Zealand
Ltd. 15 Ra Ora Dr. East Tamaki,
Auckland 2013 New Zealand Phone: +
64-9-273-9136 Fax: +
64-9-273-9137 www.cascadeforkliftbatteries.co.nz |
|
GROUP
STRUCTURE AND SUBSIDIARY COMPANIES
|
|
|
Listed at the stock exchange: |
NO |
|
Capital: |
NA |
|
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: The company is a subsidiary of Toyota Industries Corporation 2-1, Toyodacho Japan |
|
Management: |
Richard S. Anderson, Chief Executive
Officer, President & Director Joseph G. Pointer, Chief Financial
Officer, Principal Accounting Officer, Vice President & Secretary Davide Roncari, Chief Operating Officer Peter D. Drake, Senior Vice President of
Operations Americas Frank Leipzig, Global IT Director Susan Wright, Vice President - Human
Resources John A. Cushing, Treasurer Tim Nagel, Plant Manager Rodney Hickman, Plant Manager Dan Johnson, Aftermarket Sales Manager |
|
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FINANCIAL
INFORMATION
|
|
|
The company does not make its financial
statements public. The following information has been provided by private
sources: |
|
|
|
|
|
USD 2016 |
|
|
Estimated Assets |
118,000,000 |
|
Cash flow |
Normal |
|
We also attach the
latest financial statements of Toyota Industries Corporation |
|
LEGAL
FILINGS
|
|
|
|
|
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Patents: |
Wireless Power Transfer and
Communications for Industrial Equipment Publication number: 20160233687 Abstract: Methods and systems for
wirelessly transmitting power and/or data. Type: Application Filed: February 10, 2015 Publication date: August 11, 2016 Applicant: Cascade Corporation Inventors: Pat S. McKernan, Gregory A.
Nagle Buoyant spinner Patent number: D302842 Type: Grant Filed: June 27, 1988 Date of Patent: August 15, 1989 Assignee: Poulsen-Cascade Corporation Inventor: Robert P. Holzman Shrimp jig with spinner Patent number: D304969 Type: Grant Filed: June 22, 1988 Date of Patent: December 5, 1989 Assignee: Poulsen-Cascade Corporation Inventor: Robert P. Holzman Forklift fork tip end Patent number: D683925 Type: Grant Filed: December 13, 2011 Date of Patent: June 4, 2013 Assignee: Cascade Corporation Inventors: Bernard Charles Dickinson,
Robert Power, David Roger Winger Tip portion of a forklift fork Patent number: D684334 Type: Grant Filed: December 13, 2011 Date of Patent: June 11, 2013 Assignee: Cascade Corporation Inventors: Bernard Charles Dickinson,
Robert Power, David Roger Winger Carton clamp arm for a lift truck Patent number: D702412 Type: Grant Filed: April 9, 2012 Date of Patent: April 8, 2014 Assignee: Cascade Corporation Inventors: Andrea Dal Dosso, Brian
Sinclair White Eagle insignia badge for a lift truck or
the like Patent number: D709417 Type: Grant Filed: February 9, 2012 Date of Patent: July 22, 2014 Assignee: Cascade Corporation Inventor: D. Clark Jordan |
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Trademarks: |
VIEWMAST - Trademark Details Status: 710 - Cancelled - Section 8 Image for trademark with serial number
73245644 Serial Number73245644 Registration Number1161804 Word Mark VIEWMAST Status710 - Cancelled - Section 8 Status Date2002-07-20 Filing Date1980-01-10 Registration Number1161804 Registration Date1981-07-21 Mark Drawing1000 - Typeset:
Word(s)/letter(s)/number(s) Typeset Published for Opposition Date1981-04-28 CASCADE - Trademark Details Status: 800 - Registered And Renewed Image for trademark with serial number
72042826 Serial Number72042826 Registration Number0667371 Word Mark CASCADE Status800 - Registered And Renewed Status Date2017-10-24 Filing Date1957-12-23 Registration Number0667371 Registration Date1958-09-23 Mark Drawing1000 - Typeset:
Word(s)/letter(s)/number(s) Typeset Attorney Name Susan D. Pitchford SEA LIFT - Trademark Details Status: 900 - Expired Image for trademark with serial number
72394990 Serial Number72394990 Registration Number0948256 Word Mark SEA LIFT Status900 - Expired Status Date1993-09-13 Filing Date1971-06-16 Registration Number0948256 Registration Date1972-12-05 Mark Drawing3000 - Illustration: Drawing
or design which also includes word(s)/ letter(s)/number(s) Typeset Design Searches180509, 261101, 270305 -
Bulldozers, road rollers, cement mixers, cranes, (including stationary
cranes), other road construction or building site vehicles. Rectangles as
carriers or rectangles as single or multiple line borders. Representations of
objects forming letters or numerals, including punctuation. Law Office Assigned Location Code530 C - Trademark Details Status: 710 - Cancelled - Section 8 Image for trademark with serial number
73222630 Serial Number73222630 Registration Number1153668 Word Mark C Status710 - Cancelled - Section 8 Status Date2002-05-18 Filing Date1979-07-09 Registration Number1153668 Registration Date1981-05-12 Mark Drawing3U09 - Illustration: Drawing
or design which also includes word(s)/ letter(s)/number(s) 37.5% Reduction Design Searches031501, 031519, 031524 -
Eagles. Birds or bats in flight or with outspread wings. Stylized birds and
bats. Published for Opposition Date1981-02-17 WORLD MAST - Trademark Details Status: 710 - Cancelled - Section 8 Image for trademark with serial number
74031651 Serial Number74031651 Registration Number1645120 Word Mark WORLD MAST Status710 - Cancelled - Section 8 Status Date1997-11-25 Filing Date1990-02-23 Registration Number1645120 Registration Date1991-05-21 Mark Drawing1000 - Typeset:
Word(s)/letter(s)/number(s) Typeset Published for Opposition Date1991-02-26 Attorney Name Jacob E. Vilhauer, Jr. Law Office Assigned Location CodeG70 Employee NameFICKES, JERI J LOAD CUSHION - Trademark Details Status: 710 - Cancelled - Section 8 Image for trademark with serial number
75706195 Serial Number75706195 Registration Number2347903 Word Mark LOAD CUSHION Status710 - Cancelled - Section 8 Status Date2010-12-03 Filing Date1999-05-13 Registration Number2347903 Registration Date2000-05-02 Mark Drawing1000 - Typeset:
Word(s)/letter(s)/number(s) Typeset Attorney Name Nancy J. Moriarty Law Office Assigned Location CodeM50 Employee Name PINO, BRIAN J |
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|
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|
Lawsuits: |
ascade Corporation,
Petitioner, v. National Labor Relations Board, Respondent,international Union,
United Automobile, Aerospace Andagricultural Implement Workers of America,
Uaw, Intervenor, 466 F.2d 748 (6th Cir. 1972) Annotate this Case US Court of Appeals
for the Sixth Circuit - 466 F.2d 748 (6th Cir. 1972) Aug. 24, 1972 Verne W. Newcomb,
Jack B. Schwartz, Sabin, Newcomb, Sabin & Meyer, Portland, Or., Martin,
Browne, Hull & Harper, Springfield, Ohio, on brief, for appellant. Joseph C. Thackery,
N.L.R.B., Washington, D.C., Marcel Mallet-Prevost, Asst. Gen. Counsel,
William Wachter, N.L.R.B., Washington, D.C., on brief, for appellee. Edwin G. Fabre,
Detroit, Mich., Stanley Lubin, Asst. General Counsel, Stephen I. Schlossberg
and John A. Fillion, Detroit, on brief, for intervenor. Before EDWARDS and
MILLER, Circuit Judges, and ENGEL, District Judge. PER CURIAM. |
|
|
|
|
UCC: |
No found |
|
|
|
|
OFAC Sanctions List Search: |
The company is not
listed in the OFAC list. |
|
|
|
SUMMARY
|
|
|
Founded in 1943, Cascade Corporation is a
large-sized organization in the industrial truck and tractor manufacturers
industry located in Fairview, OR. The company has 680 full-time employees
and generates an estimated USD 118 million in annual estimated assets. The company imports from Singapore,
Mexico, China and Ecuador, and exports worldwide, operating within national
and international markets. The company is a subsidiary of Toyota
Industries Corporation. This has been an ACTIVE company
incorporated in OREGON in 1943. |
|
RISK
INFORMATION
|
|
|
|
|
|
DEBTS |
Controlled |
|
PAYMENTS |
Regular |
|
CASH FLOW |
Normal |
|
STATUS |
ACTIVE |
|
|
|
INTERVIEW
|
|
|
NAME |
Anne |
|
POSITION |
Operator |
|
COMMENTS |
She confirmed legal
name, trade name, telephone and website. She also confirmed
operations area, branches and related international locations. She refused to
provide further information, such as number or employees or shareholders,
given that she explained she was not allowed to do so. |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 65.23 |
|
|
1 |
INR 89.71 |
|
Euro |
1 |
INR 79.50 |
|
US Dollar |
1 |
INR 65.20 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIS |
|
|
|
|
Report Prepared
by : |
TRU |
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.