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MIRA INFORM REPORT
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Report No. : |
496410 |
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Report Date : |
09.03.2018 |
IDENTIFICATION DETAILS
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Name : |
PRIMESOURCE BUILDING PRODUCTS INC |
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Registered Office : |
1321 Greenway Drive Irving, TX 75038-2504 |
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Country : |
United States |
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Financials (as on) : |
2016 (Summarized) |
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Date of Incorporation : |
22.01.1998 |
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Legal Form : |
Domestic Corporation |
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Line of Business : |
Subject is a large-sized organization
in the roofing materials wholesale and manufacturers industry located in
Irving, TX. |
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No. of Employees : |
1300 |
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+ |
Low Risk |
Business dealings permissible with low
risk of default |
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Status : |
Good |
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Payment Behaviour : |
Regular |
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Litigation : |
Exist |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List
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Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
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United States |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
UNITED STATES - ECONOMIC OVERVIEW
The US has the most technologically powerful economy in the world, with a per capita GDP of $57,300. US firms are at or near the forefront in technological advances, especially in computers, pharmaceuticals, and medical, aerospace, and military equipment; however, their advantage has narrowed since the end of World War II. Based on a comparison of GDP measured at purchasing power parity conversion rates, the US economy in 2014, having stood as the largest in the world for more than a century, slipped into second place behind China, which has more than tripled the US growth rate for each year of the past four decades.
In the US, private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. US business firms enjoy greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus workers, and to develop new products. At the same time, businesses face higher barriers to enter their rivals' home markets than foreign firms face entering US markets.
Long-term problems for the US include stagnation of wages for lower-income families, inadequate investment in deteriorating infrastructure, rapidly rising medical and pension costs of an aging population, energy shortages, and sizable current account and budget deficits.
The onrush of technology has been a driving factor in the gradual development of a "two-tier" labor market in which those at the bottom lack the education and the professional/technical skills of those at the top and, more and more, fail to get comparable pay raises, health insurance coverage, and other benefits. But the globalization of trade, and especially the rise of low-wage producers such as China, has put additional downward pressure on wages and upward pressure on the return to capital. Since 1975, practically all the gains in household income have gone to the top 20% of households. Since 1996, dividends and capital gains have grown faster than wages or any other category of after-tax income.
Imported oil accounts for nearly 55% of US consumption and oil has a major impact on the overall health of the economy. Crude oil prices doubled between 2001 and 2006, the year home prices peaked; higher gasoline prices ate into consumers' budgets and many individuals fell behind in their mortgage payments. Oil prices climbed another 50% between 2006 and 2008, and bank foreclosures more than doubled in the same period. Besides dampening the housing market, soaring oil prices caused a drop in the value of the dollar and a deterioration in the US merchandise trade deficit, which peaked at $840 billion in 2008. Because the US economy is energy-intensive, falling oil prices since 2013 have alleviated many of the problems the earlier increases had created.
The sub-prime mortgage crisis, falling home prices, investment bank failures, tight credit, and the global economic downturn pushed the US into a recession by mid-2008. GDP contracted until the third quarter of 2009, making this the deepest and longest downturn since the Great Depression. To help stabilize financial markets, the US Congress established a $700 billion Troubled Asset Relief Program (TARP) in October 2008. The government used some of these funds to purchase equity in US banks and industrial corporations, much of which had been returned to the government by early 2011. In January 2009, Congress passed and President Barack OBAMA signed a bill providing an additional $787 billion fiscal stimulus to be used over 10 years - two-thirds on additional spending and one-third on tax cuts - to create jobs and to help the economy recover. In 2010 and 2011, the federal budget deficit reached nearly 9% of GDP. In 2012, the Federal Government reduced the growth of spending and the deficit shrank to 7.6% of GDP. US revenues from taxes and other sources are lower, as a percentage of GDP, than those of most other countries.
Wars in Iraq and Afghanistan required major shifts in national resources from civilian to military purposes and contributed to the growth of the budget deficit and public debt. Through 2014, the direct costs of the wars totaled more than $1.5 trillion, according to US Government figures.
In March 2010, President OBAMA signed into law the Patient Protection and Affordable Care Act, a health insurance reform that was designed to extend coverage to an additional 32 million Americans by 2016, through private health insurance for the general population and Medicaid for the impoverished. Total spending on healthcare - public plus private - rose from 9.0% of GDP in 1980 to 17.9% in 2010.
In July 2010, the president signed the DODD-FRANK Wall Street Reform and Consumer Protection Act, a law designed to promote financial stability by protecting consumers from financial abuses, ending taxpayer bailouts of financial firms, dealing with troubled banks that are "too big to fail," and improving accountability and transparency in the financial system - in particular, by requiring certain financial derivatives to be traded in markets that are subject to government regulation and oversight.
In December 2012, the Federal Reserve Board (Fed) announced plans to purchase $85 billion per month of mortgage-backed and Treasury securities in an effort to hold down long-term interest rates, and to keep short-term rates near zero until unemployment dropped below 6.5% or inflation rose above 2.5%. In late 2013, the Fed announced that it would begin scaling back long-term bond purchases to $75 billion per month in January 2014 and further reduce them as conditions warranted; the Fed ended the purchases during the summer of 2014. In 2014, the unemployment rate dropped to 6.2%, and continued to fall to 5.5% by mid-2015, the lowest rate of joblessness since before the global recession began; inflation stood at 1.7%, and public debt as a share of GDP continued to decline, following several years of increases. In December 2015, the Fed raised its target for the benchmark federal funds rate by 0.25%, the first increase since the recession began. With US GDP growth below 2%, the Fed opted to raise rates three times since then, and in mid-June 2017, the range for the target rate stood at 1% to 1.25%.
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Source
: CIA |
STATUTORY INFORMATION
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Legal Name: |
PRIMESOURCE BUILDING PRODUCTS, INC. |
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Trade Name: |
PRIMESOURCE BUILDING PRODUCTS |
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ID: |
2849420 |
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Date Created: |
1990 |
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Date Incorporated: |
1/22/1998 |
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Legal Address: |
Registered Agent Information The Corporation Trust Company Corporation Trust Center 1209 Orange St Wilmington, New Castle DE 19801 USA |
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Operative Address: |
1321 Greenway Drive Irving, TX 75038-2504 United States |
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Telephone: |
972-999-8500 |
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Fax: |
972-999-8720 |
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Legal Form: |
Domestic Corporation |
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Email: |
info@primesourcebp.com webmaster@primesourcebp.com |
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Registered in: |
DELAWARE |
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Website: |
www.primesourcebp.com |
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Contact: |
George R. Judd, Chief Executive Officer Jerry Kegley, Chief Financial Officer and
Senior Vice President |
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Staff: |
1,300 |
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Activity: |
NAICS 1: Roofing, Siding, and Insulation
Material Merchant Wholesalers NAICS 2: Lumber, Plywood, Millwork, and Wood
Panel Merchant Wholesalers SIC 1: Roofing, Siding, And Insulation SIC 2: Building Materials, Exterior |
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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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The company was founded in 1990
when Grip-Rite family of companies merge with Sequoia Supply, forming
PrimeSource Building Products, Inc. |
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Key Developments: |
PrimeSource Building Products, Inc. was
formerly known as Sequoia Supply Inc. and changed its name to PrimeSource
Building Products, Inc. in 1990. In 1998, Itochu acquires PrimeSource
Building Products In 2000, PrimeSource acquires Prudential
Metal Supply From 2006 to 2010 PrimeSource acquires and
absorbs Pacific Steel and Supply, Compass International, Coast-to-Coast
Building Products, 3-GS Supply, Langtry Industries in Canada and All Island
Exports. In 2007, PrimeSource opens first Canadian
D.C. In 2009, PrimeSource Direct sales
department is created In 2011 PrimeSource begins US manufacturing In 2015, PrimeSource is purchased by
Platinum Equity PrimeSource Building Seeks Acquisitions Nov 3 16 PrimeSource Building Products, Inc. is
looking for acquisition opportunities. PrimeSource Building is continuing to
look for additional acquisitive growth opportunities. |
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PRINCIPAL
ACTIVITY
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Primesource Building Products, Inc. is a
large-sized organization in the roofing materials wholesale and manufacturers
industry located in Irving, TX. |
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Products/Services description: |
PrimeSource Building Products, Inc.
distributes fasteners and building materials. The company offers adhesives
and caulks, anchor bolts, builders hardware, carbide blades, ceiling
products, collated fasteners, collated screws, concrete construction products,
contractor bags, diamond blades, diamond core bits, floor protection
products, gypsum and accessories, insulation and weather resistive products,
metal flashing and trim products, plastic fence and barriers, poly sheeting
and bags, roofing products and accessories, siding and accessories, steel
framing and accessories, strapping and accessories, threaded rod and
accessories, tools, compressors and accessories, underlayments, winter
protection and covers, and wire fence and accessories. PRODUCTS: Adhesives & Caulks Anchor Bolts Builders Hardware Carbide Blades Ceiling Products Collated Fasteners Collated Screws Concrete Construction Products Contractor Bags Diamond Blades Diamond Core Bits Fasteners Floor Protection Gypsum & Accessories Insulation & Weather Resistive Products Metal Flashing & Trim Plastic Fence & Barriers Poly Sheeting & Bags Roofing Products & Accessories Siding & Accessories Steel Framing & Accessories Strapping & Accessories Threaded Rod & Accessories Tools, Compressors & Accessories Underlayments Winter Protection & Covers Wire Fence & Accessories |
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Brands: |
AirVent American Gypsum ArcelorMittal Armstrong World Industries Atlas BASF Bekeart Carlisle Residential Cascade Steel Century Grp CertainTeed Clark-Dietrich Deacero FAKRO FastenMaster Gaco Western GAF Gardner-Gibson GE Sealants & Adhesives GenTite Grip-Rite Henkel Henry Company IKO James Hardie Klauer Manufacturing LaFarge Marino/Ware MastiClean MFM Building Products National Gypsum Nucor Oklahoma Steel & Wire Owens Corning Pactiv Building Products Phillips Manufacturing Ply Gem Pro-Twist R-Max Redback Resisto Roxul Sashco Tarco Roofing Products Temple-Inland Thoro USP York Manufacturing |
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Sales are: |
Wholesale |
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Clients: |
The company serves customers through a network
of distributors in the United States, Canada, the Caribbean, Mexico, and
Central and South America. It serves independent lumber and building
supply dealers, major retailers, retail building supply chains, concrete and
construction supply yards, roofing wholesalers, drywall distributors, wire
and fencing supply yards, agricultural supply yards, steel fabricators,
industrial customers, specialty wholesalers, and select wholesale and
specialty distributors. CONSTRU PLAZA DE NUEVO LAREDO S A DE C V Mexico Acyma Del Noroeste S. De R.L. De C.V. Mexico COMERCIALIZADORA DE MADERAS Y PRODUCTOS
ORCO S.A. DE C.V. Mexico |
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Suppliers: |
REGION INDUSTRIES CO., LTD. Vietnam Tianjin Hongli Qiangsheng Imp. China Tapoo Metal Products (Shanghai) Co., Ltd. China ZI CHEN GROUP LTD. China RECICLADOS Y SERVICIOS DEL NORESTESA DE CV Mexico Geekay Wires Limited India |
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Operations area: |
National and International |
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The company imports from |
Vietnam, China, Mexico and India |
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The company exports to |
Canada, the Caribbean, Mexico, and Central
and South America. |
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The subject
employs |
1,300 employees |
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Payments: |
Regular |
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LOCATION
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Headquarters : |
1321 Greenway Drive Irving, TX 75038-2504 United States |
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Comments: |
NA |
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Branches: |
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Main Competitors |
Georgia-Pacific LLC Company Information 133 Peachtree St Nw Atlanta, GA, 30303 United States (404) 652-4000 http://www.forestproductslocator.org Stanley Black & Decker, Inc. Company Information 1000 Stanley Dr New Britain, CT, 06053 United States (860) 225-5111 http://www.stanleyblackanddecker.com Fastenal Company Company Information 2001 Theurer Blvd Winona, MN, 55987 United States (507) 454-5374 http://www.fastenal.com |
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Related Companies: |
Primesource Building Products Canada Ltd Canada Platinum Equity 360 N. Crescent Dr. Beverly Hills, CA 90210 +1 310.712.1850 www.platinumequity.com |
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GROUP
STRUCTURE AND SUBSIDIARY COMPANIES
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Listed at the stock exchange: |
NO |
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Capital: |
NA |
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Shareholders: |
This is a private company. The
company does not disclose information on shareholders. The following
information has been obtained through private sources and could not be
confirmed: The Company is a subsidiary
of:Itochu International Inc. Office Address: 1251 Avenue Of
The Americ Location: New York, NY Employees at This Location: 170 Sales Volume (Estimated): $3.79
billion USD |
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Management: |
George R. Judd, Chief Executive
Officer Jerry Kegley, Chief Financial
Officer and Senior Vice President Brad Strosahl, Vice President
Major Accounts, Primesource Building Products Pravin Sampat, Primesource
Direct Specialist Stephanie Colella, Direct
Container Sales Specialist Tony Caesar, Vice President
Information Technology And Chief Information Officer Paul Redwood, Vice President
Strategic Business Development |
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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 |
793M |
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Cash flow |
Normal |
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LEGAL
FILINGS
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Patents: |
PATTERNED ROOFING UNDERLAYMENT Publication number: 20100212235 Abstract: A lightweight
thermoplastic polyolefin roofing underlayment with superior tear strength is disclosed
having a printed upper surface simulating the appearance of a finished roof.
The underlayment is reinforced with a woven polypropylene scrim. Anti-skid
materials can be incorporated into the body of the underlayment. Type: Application Filed: February 15, 2010 Publication date: August 26,
2010 Applicant: PrimeSource Building
Products Inventor: Peter J. Barrego TARPAULIN HAVING SIMULATED
ROOFING SURFACE Publication number: 20120244315 Abstract: A tarpaulin includes a
plurality of warp strands and a plurality of weft strands, a protective
weatherproof coating, and simulated roofing surface. The warp and weft
strands are woven into a weave pattern to form a mesh substrate. The
protective weatherproof coating may include one or more pigments, an
ultraviolet stabilizer, flame retardants, and other fillers that protect the
mesh substrate from exposure to various conditions. A simulated roofing
surface is applied to the protective weatherproof coating by printing or like
means. This simulated roofing surface can have the appearance of roofing
materials such as shingles, shakes, or tiles. Type: Application Filed: March 21, 2011 Publication date: September 27,
2012 Applicant: PrimeSource Building
Products, Inc. Inventor: Peter J. Barrego Dispensing container for
dispensing fasteners Patent number: 7165695 Abstract: A container is
specially configured to enable a user to withdraw stored fasteners such as
nails, screws, bolts, and the like. The device includes a receptacle base having
a bottom wall and a continuous side wall that can be somewhat squared in
shape. The receptacle base could be cylindrically shaped, oval shaped, or any
other selected shape in plan view. A lid removably attaches to the side wall
at the wall upper edge, the lid including a lid front section and a lid rear
section. A hinge enables the front lid section to rotate about a hinge axis
of rotation between closed an open positions. Each lid section has a raised
portion that includes a plurality of inclined surfaces that define
frictionally engaging correspondingly shaped socket and projecting portions
that interlock when the front lid section is opened. An interference fit or
frictional fit generated by the engaged socket and projecting portions holds
the front lid section in the open position. Type: Grant Filed: August 11, 2003 Date of Patent: January 23,
2007 Assignee: Primesource Building
Products, Inc. Inventor: Kwang Ho Choi |
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Trademarks: |
GRIP-RITE GRIP-RITE NAILS AND BRADS Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 72351958 MARKER SCREWS Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 73123030 DARTS Self-Drilling Screws for
Securing Dry Wall to Metal Studs Sold Only to the Commercial Construction
Industry Through Distributors… Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 73279073 FAST-SET Blind Rivets Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 73483940 RPS METAL SCREWS Owned by: PRIMESOURCE BUILDING PRODUCTS,
INC. Serial Number: 73487813 DECKMARK METAL FASTENERS, NAMELY,
DECKING SCREWS Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 73619831 TAPMARK METAL, CONCRETE FASTENERS,
NAMELY, SCREW ANCHORS Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 73619834 PRIMESOURCE distributorship services in the
field of building and construction products Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 74200296 GRW FASTENER EXCHANGE pneumatic nails, staples, metal
brads, bulk nails, screws and package nails Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 74311955 GRIP-RITE metal screws, nuts, bolts,
washers [, aluminum and steel siding ] Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 74326849 PRUDENTIAL metal fasteners, namely nails
and screws Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 74509533 GRIP-RITE COLLATED FASTENERS GRIP-RITE COLLATED FASTENERS nails and staples Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 74557880 PRIMEGUARD polymer coated exterior screws,
nails and fasteners Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 74578605 PRIMESOURCE BUILDING PRODUCTS
INC. Roofing cement, tar-based and
bitumen-based roofing sealants Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 74726333 WOODMART metal fasteners, namely, metal
screws specially designed for use with wood Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 75147751 LIFECOAT metal fasteners, namely, surface
treated metal screws for attaching board to wood or metal Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 75147752 FASTENER EXCHANGE metal nails; metal screws;
staples for construction and industrial use Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 75297720 3-G'S POWER PAK nails Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 75307600 PRIMEGUARD metal roofing products, namely,
roof edgings, roll valleys, guttering, step flashing, painted rolls Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 75337117 SEQUOIA SUPPLY SS Distributorship services in the
field of building and construction products Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 75421873 PRIMECORE Medium density fiberboard Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 75522691 PRIME-CAP Fasteners, namely round metal
cap fasteners Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 75524509 PRIMEJOIST Wood joists Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 76192448 PRIMERIM Wood products for construction,
namely, rim board Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 76192449 PRIMELAM Laminated veneer lumber Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 76192618 GRIP RITE COLLATED Nails and staples of metal Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 76224051 GRIP RITE TOOLS Pneumatic air hoses Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 76235785 GRIP-RITE Air pressure gauges Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 77140359 GRIP-RITE Metal lath Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 77684939 GRIP RITE Vinyl trim and bead used in drywall
construction; paper trim and bead used in drywall construction Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 77684948 PRO-TWIST TAPMARK metal fasteners, namely,
concrete and masonry screws Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 77771036 GRIP RITE ACCESSORIES Oil for use as an industrial
lubricant Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 78085941 PRO-GRIP Metal fasteners, namely screws Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 78088459 REAL LIFE. REAL TOOLS. Metal nails, staples for
construction and industrial use, brads and screws Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 78105269 GRIP-STAR Metal fasteners, namely screws Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 78154089 GRIP RITE COLLATED SCREWS Metal fasteners, namely
collated screws Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 78200859 WE BUILD AMERICA Metal fasteners; namely drywall
screws, self-drilling screws, self-piercing screws, decking screws, concrete
screws, and… Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 78408164 GRIP RITE WEATHERESISTOR Non-metallic roof flashing; non-metal
building flashing; roofing membranes; self-adhesive roofing underlayment Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 85375241 GRIP RITE WEATHERESISTOR WINDOW
& DOOR PROTECTOR Self-adhesive flashing membrane
for windows and doors; waterproofing membranes for windows and doors;
non-metal building… Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 85436514 GRIP RITE WEATHERESISTOR AIR
& WEATHER PROTECTOR Self-adhesive flashing membrane
for windows and doors; waterproofing membranes for windows and doors;
non-metal building… Owned by: PRIMESOURCE BUILDING
PRODUCTS, INC. Serial Number: 85436567 |
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Filling History: |
PrimeSource Building Products,
Inc. was formerly known as Sequoia Supply Inc. and changed its name to PrimeSource
Building Products, Inc. in 1990. |
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Lawsuits: |
Primesource
Building Products, Inc. v. Huttig Building Products et al Plaintiff: Primesource Building Products,
Inc. Defendant: Huttig Building Products,
Kenneth Fishbein, David Fishbein, Mona Zinman and Robert Furio Case Number: 1:2016cv11390 Filed: December 15, 2016 Court: Illinois Northern District Court Office: Chicago Office County: Cook Presiding Judge: Jorge L. Alonso Nature of Suit: Other Contract Cause of Action: 28:1331 Jury Demanded By: Plaintiff Illinois Tool Works, Inc. v. PrimeSource Building Products, Inc. Case Number: 0:2016cv62982 Filed: December 19, 2016 Court: Florida Southern District Court Office: Ft Lauderdale Office Presiding Judge: Nature of Suit: Trademark Cause of Action: 15:1125 Trademark
Infringement (Lanham Act) Jury Demanded By: Plaintiff BlueLinx Corporation v. Strosahl et al Plaintiff: BlueLinx Corporation Defendant: Brad Strosahl and PrimeSource Building Products, Inc. Case Number: 1:2011cv02090 Filed: August 10, 2011 Court: Colorado District Court Office: Denver Office County: XX US, Outside State Presiding Judge: William J. Martinez Referring Judge: Kristen L. Mix Nature of Suit: Other Contract Cause of Action: 28:1332 Jury Demanded By: Both Anderson v. Primesource Building Products, Inc. Plaintiff: Michael Anderson Defendant: Primesource Building Products,
Inc. Case Number: 3:2008cv00214 Filed: May 28, 2008 Court: Tennessee Eastern District Court Office: Prop. Damage Prod. Liability Office County: Blount Presiding Judge: Thomas W Phillips Referring Judge: C Clifford Shirley Nature of Suit: Both Cause of Action: Diversity Jury Demanded By: 28:1332 Diversity-Product
Liability Primesource
Building Products, Inc. v. Felten et al Plaintiff: Primesource Building Products,
Inc. Defendant: Scott Felten, Garrett Kessler,
Daniel Kottmeyer, Allan Sagunsky, Jordan Whitehead and Huttig Building
Products, Inc. Case Number: 1:2016cv11468 Filed: December 19, 2016 Court: Illinois Northern District Court Office: Chicago Office County: Cook Presiding Judge: Jorge L. Alonso Nature of Suit: Other Contract Cause of Action: 28:1332 Jury Demanded By: Plaintiff |
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UCC: |
No records found |
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OFAC Sanctions List Search: |
The
company is not listed in the OFAC list. |
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SUMMARY
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Founded in 1990, Primesource
Building Products, Inc. is a large-sized organization in the roofing
materials wholesale and manufacturers industry located in Irving, TX. The company has 1,300 full-time
employees and generates an estimated USD 793 million in annual revenue. The company imports from
Vietnam, China, Mexico and India, and exports to Canada, the Caribbean,
Mexico, and Central and South America, operating within national and
international markets. The Company is a subsidiary of Itochu International Inc. This has been an ACTIVE company
incorporated in DELAWARE in 1998. |
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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 |
Sally |
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POSITION |
Operator |
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COMMENTS |
She confirmed legal name, trade name,
telephone and website. She asked the reason of the call and refused
to provide further information explaining that she was not allowed to do so. She transferred the call to the Human
Resources’ Area but the person in charge of providing information about the
company was not available. |
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FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 64.92 |
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1 |
INR 90.22 |
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Euro |
1 |
INR 80.54 |
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USD |
1 |
INR 65.16 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
: |
NIY |
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Report Prepared
by : |
POJ |
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.