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MIRA
INFORM REPORT
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Report No. : |
498999 |
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Report Date : |
23.03.2018 |
IDENTIFICATION DETAILS
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Name : |
MONTANA INSTRUMENTS CORPORATION |
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Registered Office : |
101 Evergreen Drive, Bozeman, Montana, 59715, United States |
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Country : |
United States |
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Financials (as on) : |
2016 |
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Date of Incorporation : |
08.12.2008 |
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Legal Form : |
Domestic Profit Corporation |
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Line of Business : |
Subject provides precision optical measurement solutions for research |
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No. of Employees : |
32 |
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 (30.09.2017) |
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: |
MONTANA INSTRUMENTS CORPORATION |
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Trade Name: |
MONTANA INSTRUMENTS CORPORATION |
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ID: |
D187465 |
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Date Created: |
2008 |
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Date
Incorporated: |
08/12/2008 |
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Legal Address: |
101 EVERGREEN DRIVE, BOZEMAN, Montana, 59715, United States |
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Operative Address: |
101 Evergreen Drive, Bozeman, MT 59715, United States |
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Telephone: |
406 551 2796 |
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Fax: |
406 551 2797 |
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Legal Form: |
Domestic Profit Corporation |
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Email: |
info@montanainstruments.com |
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Registered in: |
MONTANA |
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Website: |
www.montanainstruments.com |
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Contact: |
LUKE MAURITSEN, Registered Agent |
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Staff: |
32 Employees |
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Activity: |
NAICS 1: Analytical Laboratory Instrument Manufacturing |
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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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Montana Instruments Croporation was created and incorporated in 2008. |
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PRINCIPAL ACTIVITY |
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Montana Instruments® provides precision
optical measurement solutions for research, industry, and education. |
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Products/Services
description: |
RESEARCH PLATFORMS Cryostation - General Purpose Optical Cryostats Cryostation s50 - (CO, MO) Cryostation s100 - (CO) Cryostation s200 - (CO) HILA - Atomic Resolution Optical Cryostats HILA s200 - (CO) INTEGRATED SOLUTIONS These integrated solutions combine proven third-party technology with
our research platforms for high-performance application specific solutions. CryoRaman: Variable temperature Raman and Photoluminescence
spectroscopy CryoMössbauer: Variable temperature transmission Mössbauer
spectrometer CryoFMR: Variable temperature CPW-FMR spectrometer NanoMOKE: Low temperature magneto optical magnetometer and Kerr
microscope SPARK: Single-Photon Application Research Kit OPTIONS & ACCESSORIES Explore the various configuration options and add-ons for the system. |
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Brands: |
CRYOSTATION® |
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Sales are: |
Retail |
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Clients: |
General Clients |
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Suppliers: |
Tata Institute Of Fundamental Research |
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Operations area:
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National and International |
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The company
imports from |
India |
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The subject
employs |
32 Employees |
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Payments: |
No Complaints |
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LOCATION |
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Headquarters : |
101 Evergreen Drive, Bozeman, MT 59715, United States |
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Comments: |
NA |
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Branches: |
No branches |
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Main Competitors |
Microlab, Inc. |
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Related
Companies: |
MEXICO AND CENTRAL AMERICA Quantum Design, Inc. 6325 Lusk Boulevard San Diego, CA 92121, USA Socrates Gomez Tel: +1.858.481.4100 socrates.gomez@qdusa.com SOUTH AMERICA Quantum Design Latin America Avenida João Scarparo Netto, 170 Praça Capital - Madri, 237 13080-655 Campinas São Paulo, Brazil Tel: +55 19 3212 0230 info@qd-latam.com GERMANY, BENELUX, DENMARK, SPAIN, PORTUGAL, NETHERLANDS, NORWAY,
FINLAND, SWEDEN LOT- QuantumDesign GmbH Laser Optik Technologie Im Tiefen See 58 D-64293 Darmstadt, Germany Tel: +49 6151-88060 qdsales@lot-qd.de SWITZERLAND LOT - QuantumDesign AG Suisse Moulin-du-Choc CH-1122 Romanel-sur-Morges Switzerland Tel: +41 21 869 90 33 info@lot-qd.ch FRANCE LOT - QuantumDesign Immeuble Les Conquerants Batiment MacKinley 1, avenue de l'Atlantique 91940 LES ULIS, France Tel: +33 01 69 19 49 49 marin@lot-qd.fr ITALY LOT - QuantumDesign Italia s.r.l. Via Francesco Sapori, 27 20131 1-00143 Roma Tel: +39 06 5004204 paziani@lot-qd.it UNITED KINGDOM & IRELAND Quantum Design UK and Ireland Ltd 1 Mole Business Park Leatherhead Surrey, KT22 7BA England Tel: +44 (0)1372 378822 info@qd-uki.co.uk PEOPLE'S REPUBLIC OF CHINA Quantum Design China Beijing Office Room 0306-0308, Air China Plaza No.36 Xiaoyun Road, Chaoyang District Beijing, P.R.China, 100027 Shanghai Office 1-11-16 Takamatsu Toshima-ku, No. 333 North ChengDu, JingAn District Shanghai, P.R. China, 200041 Guangzhou Office Room 1202, Vertical City Building No. 362, Jiangnan Dadao Nan Road, Haizhu District Guangzhou, P.R. China, 510280 Beijing Office Tel: +8610 8512 0277/80 info@qd-china.com Shanghai Office Tel: +8621 5228 0980 info@qd-china.com Guangzhou Office Tel: +8620 8920 2739 info@qd-china.com JAPAN Quantum Design Japan Head Office 1-11-16 Takamatsu Toshima-ku, Tokyo 171-0042, Japan Osaka Branch Office 502 Flex Ohtemae Building 1-3-6 Funakoshi-cho Chuo-ku, Osaka 540-0036, Japan Head Office Tel: +81-(0)3-5964-6622 info@qdj.co.jp Osaka Branch Office Tel: 06-4793-1080 KOREA Quantum Design Korea #303, Dongshin Bldg 543 Dogok-Dong, Kangnam-Gu 135-857 Seoul, Korea 135-85 Tel : 82 2 2057 2710 qdk@qdkorea.com TAIWAN Quantum Design Taiwan 9F -4, No. 57, Sec. 1, Chongqing S. Rd., Zhongzheng Dist. Taipei City Taiwan 10045 Tel: +886-2-23316108 Fax: +886-2-23316155 sales@qd-taiwan.com SINGAPORE, INDONESIA, MALAYSIA, PHILIPPINES, THAILAND AND VIETNAM Quantum Design Singapore #7-01 Westgate Tower 1 Gateway Drive 608531 Singapore Tel: +65 6801-0230 / 6801-0231 info@qd-singapore.com ISRAEL, TURKEY, RUSSIA, CENTRAL AND EASTERN EUROPE, MIDDLE EAST LOT - QuantumDesign GmbH Laser Optik Technologie Im Tiefen See 58 D-64293 Darmstadt, Germany Tel: +49 6151-88060 qdsales@lot-qd.de INDIA Quantum Design India Pvt. Ltd. 611, Rupa Solitaire, Plot no. A1, Sector 1 Millennium Business Park, Mahape, Navi Mumbai Dist Thane Maharashtra 400710 Tel: +91-22-27781011/12 /13 info@qd-india.com Dr. Chethan Lobo (Mumbai) Tel: +91-9980191133 chethan@qd-india.com Sanjay P (Bangalore) Tel: +91-9980113377 sanjay@qd-india.com AUSTRALIA AND NEW ZEALAND Domo-Technica Pty Ltd. 106a Adderley Street Auburn, NSW 2144 Australia Tel: +61 2 9748-6988 sales@domotech.com.au |
GROUP STRUCTURE AND SUBSIDIARY COMPANIES |
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Listed at the
stock exchange: |
NO |
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Capital: |
NA Shares: Share Name Common Series PV=.001 Authorized Shares 100000000 Issued Shares 650000 Share Par Value 0.0000 Share Name Preferred Series A=.001 Authorized Shares 30000000 Issued Shares 0 Share Par Value 0.0000 |
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Shareholders: |
This is a private company. Major holder is: LUKE MAURITSEN |
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Management: |
Luke Mauritsen, Founder Mr. Brian Smithgall, Director Mr. Michael Holmes, Director of Scientific Sales Ms. June Mauritsen, Information Technology Manager William Baker, Information Technology Special Bill Harn, Chief Financial Officer |
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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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Sales |
7 000 000 |
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Cash flow |
Normal |
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LEGAL FILINGS |
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Patents |
Low
vibration cryocooled system for low temperature microscopy and spectroscopy
applications
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History Filings: |
Filing Name Document ID Submitter Type Filed Date and Time Effective
Date Annual Report 2017 (Agent,Business Address,Principal ) 10889497 External User 04/03/2017 11:49 AM 04/03/2017 11:49 AM Migrated Business Entity Data 10325310 08/20/2016 12:00 AM 08/20/2016 12:00 AM REPORT ( - 2016 E-FILED ) 1700336 01/13/2016 12:00 AM 01/13/2016 12:00 AM REPORT ( - 2015 E-FILED ) 1616781 03/09/2015 12:00 AM 03/09/2015 12:00 AM REPORT ( - 2014 E-FILED ) 1514160 03/25/2014 12:00 AM 03/25/2014 12:00 AM REPORT ( - 2013 E-FILED ) 1423748 04/15/2013 12:00 AM 04/16/2013 12:00 AM |
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Lawsuits: |
No lawsuits registered |
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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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Montana Instruments Corporation is a
mid-sized organization in the analytical instrument manufacturers industry
located in Bozeman, MT. It opened its doors in 2008 and now has $7
million in yearly revenue and 32 employees. It mainly imports from India, but does not
have any export record. It is ACTIVE in Montana, USA; with no
negative records. |
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 |
INTERVIEW |
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NAME |
Andrew |
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POSITION |
Operator |
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COMMENTS |
He provided the company’s email: info@montanainstruments.com And confirmed the legal name of the
company as being: Montana Instruments Corporation. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 65.06 |
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1 |
INR 91.06 |
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Euro |
1 |
INR 80.37 |
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USD |
1 |
INR 65.02 |
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 : |
KET |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low risk
of default |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors are as follows:
·
Financial
condition covering various ratios
·
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.