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3decades

 

MIRA INFORM REPORT

 

 

Report No. :

500058

Report Date :

27.03.2018

 

 

 

IDENTIFICATION DETAILS

 

Name :

STONEAGE, INC.

 

 

Registered Office :

466 S Sky Lane Drive, Durango, CO 81303

 

 

Country :

United States

 

 

Financials (as on) :

2016

 

 

Date of Incorporation :

17.12.1979

 

 

Legal Form :

Corporation

 

 

Line of Business :

Subject ismanufactures high-pressure waterblast tools and automated equipment for industrial companies and contractors worldwide. The company offers rotary tools and automated equipment, such as exchangers, pipes, surfaces, tanks/vessels, boilers/furnaces, concrete hydrodemolitions, swivels, and accessories; warthog sewer nozzles; and downhole tools. It also provides rent, servicing, repair, and other services.

 

 

No. of Employees :

130

 

 

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23rd January 2017)

 

MIRA’s Rating :

A

 

Credit Rating

Explanation

Rating Comments

A

Acceptable Risk

Business dealings permissible with moderate risk of default

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

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

 

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:

STONEAGE, INC.

Trade Name:

Stoneage, Inc.

StoneAge Waterblast Tools

ID:

19871387767

Date Created:

1979

Date Incorporated:

12/17/1979

Legal Address:

Principal office street address:

466 S Sky Lane Drive, DURANGO, CO 81303, United States

Principal office mailing address:

P.O. Box 2907, Durango, CO 81302, CO, United States

Operative Address:

466 South Skylane Drive

Durango, CO 81303

USA

Telephone:

970-259-2869

866 795 1586

Fax:

970-259-2868

Legal Form:

Corporation

Email:

sales@stoneagetools.com

Registered in:

COLORADO

Website:

www.stoneagetools.com

Contact:

Kerry Siggins, Chief Executive Officer

John E. Wolgamott, President

Matthew Pagano, Registered Agent

Staff:

130

Activity:

NAICS 1: Other Commercial and Service Industry Machinery Manufacturing

SIC 1: Commercial Cleaning Equipment

 

BANKS:

 

 The company does not make its banking data public

 

HISTORY

 

StoneAge was launched in 1979 when co-founders John Wolgamott and Jerry Zink developed a new self-rotary waterjet nozzle in their garage.

 

 

 

PRINCIPAL ACTIVITY

Stoneage, Inc. is a mid-sized organization in the service industry machinery manufacturers industry located in Durango, CO.

Products/Services description:

StoneAge Inc. manufactures high-pressure waterblast tools and automated equipment for industrial companies and contractors worldwide. The company offers rotary tools and automated equipment, such as exchangers, pipes, surfaces, tanks/vessels, boilers/furnaces, concrete hydrodemolitions, swivels, and accessories; warthog sewer nozzles; and downhole tools. It also provides rent, servicing, repair, and other services. The company offers its products through dealers in the United States and internationally. StoneAge Inc. was founded in 1978 and is based in Durango, Colorado.

Brands:

NA

Sales are:

Wholesale and Retail

Clients:

Quality StoneAge products for industrial, sewer, and downhole cleaning, as well as custom engineered equipment for application-specific challenges, are distributed worldwide from its sales and rental facilities and across a global network of over 90 dealers in 35 countries.

 

COMUNIV, S.A. DE C.V.

Mexico

 

Woma De Mexico S.A. De C.V.

Mexico

 

UNITED PARCEL SERVICE DE MEXICO SA DE CV

Mexico

 

Productos De Marmoles Puente S.A.

Mexico

 

Empresas De Mensajeria Sin Registro En El Padron De Importadores

Mexico

Suppliers:

MEGA ELITE GLOBAL LTD.

China

 

ISIK MADENCILIK NAK. SAN.TIC. LTD.ST

Turkey

Operations area:

National and International

The company imports from

China and Turkey

The company exports to

Worldwide

The subject employs

130 employees

Payments:

Regular

 

LOCATION

 

Headquarters :

466 South Skylane Drive

Durango, CO 81303

USA

Comments:

NA

Branches:

StoneAge Houston

2150 Pansy St.

Pasadena, TX 77503

+1 (281) 888-5069

sales-tx@stoneagetools.com

 

StoneAge Louisiana

6023 Industrial Dr.

Geismar, LA 70734

+1 (225) 508-3520

sales-la@stoneagetools.com

 

StoneAge Ohio

11859 Royalton Rd.

N. Royalton, OH 44133

+1 (440) 230-8080

sales-oh@stoneagetools.com

 

Main Competitors

Washgear, Llc

806 N Crest Dr Ste 1

Grand Junction, Colorado

81506-3963

 

Full House Commercial Cleaning

4022 S Killarney Way

Aurora, Colorado

80013-6087

 

Pyi Pressure Washing

5172 E 111th Pl

Thornton, Colorado

80233-3878

 

Related Companies:

StoneAge Europe

Unit 2, Britannia Business Centre

Britannia Way

Malvern WR14 1GZ

United Kingdom

+44 (0) 1684 892065

sales-eu@stoneagetools.com

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:

 

Major holders are Kerry Siggins and John E. Wolgamott.

 

Management:

Kerry Siggins, Chief Executive Officer

John E. Wolgamott, President

Gerald Zink, Vice President

Barbara Beaubien, Vice President Sales and Marketing

Laurie Voss, Board Member

Rawlin Brown, Director of Engineenng

Carrie Grant, Sales Director, Waterblast

Deanna Manzer, Shipping Manager

 

CUSTOMER SERVICE

Janet Mosher, Customer Service Manager

Main: +1 (970) 403-8530

janet.mosher@stoneagetools.com

Adam Duthie, Customer Service Specialist

Main: +1 (970) 426-4178

adam.duthie@stoneagetools.com

Alan Lloyd, Customer Service Specialist

Main: +1 (970) 403-1431 alan.lloyd@stoneagetools.com

Daniel Jaber, Customer Service Specialist

Main: +1 (970) 403-1846 daniel.jaber@stoneagetools.com

Ken Flint, Customer Service Specialist

Main: +1 (970) 403-8583

ken.flint@stoneagetools.com

Kevin Simmons, Customer Service Specialist

Main: +1 (970) 403-1430

kevin.simmons@stoneagetools.com

Mike Kreeger, SAS Technical Sales Lead

Main: +1 (970) 403-1437

mike.kreeger@stoneagetools.com

 

OPERATIONS, RENTALS, FIELD SUPPORT

Stephen Shivar, Operations Manager

Main: +1 (281) 888-5069 stephen.shivar@stoneagetools.com

Faran Fatehi, Office Manager/Inside Sales

Main: +1 (281) 888-5069

faran.fatehi@stoneagetools.com

Harry Richmond, Automation Technician

Main: +1 (281) 888-5069 harry.richmond@stoneagetools.com

Doug McGee, Automation Technician

Main: +1 (281) 888-5069

doug.mcgee@stoneagetools.com

Mike Rimmell, Rental, Repair and Automation (RRA) Technician

Main: +1 (281) 888-5069

mike.rimmell@stoneagetools.com

Dean Tramontana, Operations Manager

Office: +1 (225) 508-3520

Direct: +1 (225) 508-3516 dean.tramontana@stoneagetools.com

Becky Smith, Office Manager

Office: +1 (225) 508-3520

Direct: +1 (225) 508-3517

becky.smith@stoneagetools.com

Frank Romito, Operations Manager

Main: +1 (440) 230-8080

frank.romito@stoneagetools.com

"Little Frank" Romito, Automation Technician

Main: +1 (440) 230-8080

littleFrank.romito@stoneagetools.com

Cheryl Lawson, Office Manager

Main: +1 (440) 230-8080

cheryl.lawson@stoneagetools.com

 

OUTSIDE SALES

Anne Brennan, West Coast Regional Sales Manager

Main: +1 (970) 426-4243

anne.brennan@stoneagetools.com

Bill O'Briant, Gulf Coast Regional Sales Manager

Main: +1 (281) 888-5069

bill.obriant@stoneagetools.com

John Graham, Southeast/Northeast Regional Sales Manager

Sean Baker,  Midwest/Canada Regional Sales Manager

 

FINANCIAL INFORMATION

 

The company does not make its financial statements public. The following information has been provided by private sources:

 

 

USD 2016

 

Revenue

23,600,00

Cash flow

Normal

 

 

LEGAL FILINGS

 

 

 

Patents:

SELF REGULATING FLUID BEARING HIGH PRESSURE ROTARY NOZZLE WITH BALANCED THRUST FORCE

Publication number: 20130200177

Abstract: A high pressure rotary nozzle having a rotating shaft operating within a fixed housing wherein the of axial force which acts upon the shaft due to the fluid pressure at the shaft inlet is balanced by allowing passage of a small amount of the pressurized fluid to be bled to an area or chamber between the outside of the opposite end of the shaft and the inside of the housing where the fluid pressure can act axially in an opposing direction upon the shaft to balance the axial inlet force. The balance of axial forces is self-regulating by controlling escape of the fluid through a tapered or frusto-conical region between the shaft and housing. This further provides a fluid bearing between the two surfaces and allows use of interchangeable rotating jet heads having jet orifices which can be oriented in virtually any desirable configuration including axially forward of the nozzle.

Type: Application

Filed: March 14, 2013

Publication date: August 8, 2013

Applicant: STONEAGE, INC.

Inventor: STONEAGE, INC.

 

APPARATUS AND METHOD FOR STORING AND DISPENSING A HIGH PRESSURE HOSE

Publication number: 20140151488

Abstract: An apparatus for storing, rotating and feeding a high pressure hose, including: a first rotatable drum with a helical groove; a second rotatable drum; and at least one actuator for rotating the first and second drums. For rotation of the first and second drums in first and second opposite directions, respectively, a hose and a cable are coilable into the helical groove such that the hose is in compressive engagement with the cable and the first drum. For rotation of the first and second drums in the second and first directions, respectively, the hose is uncoilable from the first drum and displaceable beyond the apparatus and the cable is coilable about the second drum.

Type: Application

Filed: February 5, 2014

Publication date: June 5, 2014

Applicant: STONEAGE, INC.

Inventor: Gerald P. Zink

 

APPARATUS AND METHOD FOR STORING AND DISPENSING A PRESSURE HOSE

Publication number: 20120227815

Abstract: An apparatus for storing, rotating and feeding a high pressure hose, including: a first rotatable drum with a helical groove; a second rotatable drum; and at least one actuator for rotating the first and second drums. For rotation of the first and second drums in first and second opposite directions, respectively, a hose and a cable are coilable into the helical groove such that the hose is in compressive engagement with the cable and the first drum. For rotation of the first and second drums in the second and first directions, respectively, the hose is uncoilable from the first drum and displaceable beyond the apparatus and the cable is coilable about the second drum.

Type: Application

Filed: March 7, 2011

Publication date: September 13, 2012

Applicant: STONEAGE, INC.

Inventor: Gerald P. Zink

 

Unitary high pressure slip seal cartridge

Patent number: 8573599

Abstract: A unitary cartridge seal assembly for a high pressure liquid sealing connection between two relatively rotatable liquid passage members of a rotary nozzle or a swivel and a tool having such an assembly. The assembly comprises a thimble shaped or cylindrical housing having a flanged retainer fitting within an axial orifice to hold the components together while allowing sufficient axial movement to insure complete sealing of the respective elements. The assembly provides “drop-in” replacement of wearable parts of the rotary face seal of a high pressure water jet blasting tool.

Type: Grant

Filed: January 15, 2009

Date of Patent: November 5, 2013

Assignee: Stoneage, Inc.

Inventor: Douglas E. Wright

 

Apparatus for storing and dispensing a high pressure hose

Patent number: 9440817

Abstract: An apparatus for storing, rotating and feeding a high pressure hose, including: a first rotatable drum with a helical groove; a second rotatable drum; and at least one actuator for rotating the first and second drums. For rotation of the first and second drums in first and second opposite directions, respectively, a hose and a cable are coilable into the helical groove such that the hose is in compressive engagement with the cable and the first drum. For rotation of the first and second drums in the second and first directions, respectively, the hose is uncoilable from the first drum and displaceable beyond the apparatus and the cable is coilable about the second drum.

Type: Grant

Filed: February 5, 2014

Date of Patent: September 13, 2016

Assignee: Stoneage, Inc.

Inventor: Gerald P. Zink

 

Apparatus and method for storing and dispensing a pressure hose

Patent number: 8720811

Abstract: An apparatus for storing, rotating and feeding a high pressure hose, including: a first rotatable drum with a helical groove; a second rotatable drum; and at least one actuator for rotating the first and second drums. For rotation of the first and second drums in first and second opposite directions, respectively, a hose and a cable are coilable into the helical groove such that the hose is in compressive engagement with the cable and the first drum. For rotation of the first and second drums in the second and first directions, respectively, the hose is uncoilable from the first drum and displaceable beyond the apparatus and the cable is coilable about the second drum.

Type: Grant

Filed: March 7, 2011

Date of Patent: May 13, 2014

Assignee: Stoneage, Inc.

Inventor: Gerald P. Zink

 

CAMERA SKID TRACTOR NOZZLE ASSEMBLY

Publication number: 20140285656

Abstract: A camera skid and thrust nozzle assembly for supporting a camera while being positioned in a tubular pipe or conduit spaced. from any wall of the conduit and permitting movement of the assembly along the conduit. The assembly includes a cage rotatably fastened to a high pressure fluid tractor nozzle, wherein the cage can rotate about an axis through the tractor nozzle. A camera support structure is fastened within the cage for rotation of the support structure about the axis independent of rotation of the cage. The camera support structure has a weight attached thereto for urging rotational orientation of the camera support structure within the cage according to a sensed external gravitational force on the assembly.

Type: Application

Filed: March 14, 2014

Publication date: September 25, 2014

Applicant: STONEAGE, INC.

Inventors: Gerald Zink, Rawlin Brown

 

APPARATUS FOR INSERTION IN A TANK AND METHOD THEREOF

Publication number: 20120247570

Abstract: An apparatus for insertion in an enclosed space, including: a tube with: first and second substantially straight portions including first and second ends of the tube, respectively; and a curved portion connecting the first and second portions. The apparatus includes: a plurality of nested segments at least partially disposed within the first substantially straight portion of the tube and connected to the first substantially straight portion; and a first actuator engageable with the tube to displace the first and second substantially straight portions of the tube into and out of the enclosed space through an opening into the enclosed space. The tube is arranged to accept a hose passing through the tube, and a distal segment from the plurality of nested segments is connectable to the hose.

Type: Application

Filed: April 1, 2011

Publication date: October 4, 2012

Applicant: STONEAGE, INC.

Inventor: Gerald P. Zink

 

Camera skid tractor nozzle assembly

Patent number: 9699361

Abstract: A camera skid and thrust nozzle assembly for supporting a camera while being positioned in a tubular pipe or conduit spaced from any wall of the conduit and permitting movement of the assembly along the conduit. The assembly includes a cage rotatably fastened to a high pressure fluid tractor nozzle, wherein the cage can rotate about an axis through the tractor nozzle. A camera support structure is fastened within the cage for rotation of the support structure about the axis independent of rotation of the cage. The camera support structure has a weight attached thereto for urging rotational orientation of the camera support structure within the cage according to a sensed external gravitational force on the assembly.

Type: Grant

Filed: September 8, 2016

Date of Patent: July 4, 2017

Assignee: STONEAGE, INC.

Inventors: Gerald Zink, Rawlin Brown

 

Camera skid tractor nozzle assembly

Patent number: 9467601

Abstract: A camera skid and thrust nozzle assembly for supporting a camera while being positioned in a tubular pipe or conduit spaced. from any wall of the conduit and permitting movement of the assembly along the conduit. The assembly includes a cage rotatably fastened to a high pressure fluid tractor nozzle, wherein the cage can rotate about an axis through the tractor nozzle. A camera support structure is fastened within the cage for rotation of the support structure about the axis independent of rotation of the cage. The camera support structure has a weight attached thereto for urging rotational orientation of the camera support structure within the cage according to a sensed external gravitational force on the assembly.

Type: Grant

Filed: March 14, 2014

Date of Patent: October 11, 2016

Assignee: Stoneage, Inc.

Inventors: Gerald Zink, Rawlin Brown

 

Apparatus for insertion in a tank and method thereof

Patent number: 9433982

Abstract: An apparatus for insertion in an enclosed space, including: a tube with: first and second substantially straight portions including first and second ends of the tube, respectively; and a curved portion connecting the first and second portions. The apparatus includes: a plurality of nested segments at least partially disposed within the first substantially straight portion of the tube and connected to the first substantially straight portion; and a first actuator engageable with the tube to displace the first and second substantially straight portions of the tube into and out of the enclosed space through an opening into the enclosed space. The tube is arranged to accept a hose passing through the tube, and a distal segment from the plurality of nested segments is connectable to the hose.

Type: Grant

Filed: September 12, 2014

Date of Patent: September 6, 2016

Assignee: Stoneage, Inc.

Inventor: Gerald P. Zink

 

Self regulating fluid bearing high pressure rotary nozzle

Patent number: D617870

Type: Grant

Filed: February 4, 2010

Date of Patent: June 15, 2010

Assignee: Stoneage, Inc.

Inventor: Douglas E. Wright

 

Self regulating fluid bearing high pressure rotary nozzle

Patent number: D617871

Type: Grant

Filed: February 22, 2010

Date of Patent: June 15, 2010

Assignee: Stoneage, Inc.

Inventor: Douglas E. Wright

 

Self regulating fluid bearing high pressure rotary nozzle

Patent number: D622810

Type: Grant

Filed: February 22, 2010

Date of Patent: August 31, 2010

Assignee: Stoneage, Inc.

Inventor: Douglas E. Wright

 

Self regulating fluid bearing high pressure rotary nozzle

Patent number: D626624

Type: Grant

Filed: February 22, 2010

Date of Patent: November 2, 2010

Assignee: Stoneage, Inc.

Inventor: Douglas E. Wright

 

Self regulating fluid bearing high pressure rotary nozzle

Patent number: D631131

Type: Grant

Filed: February 22, 2010

Date of Patent: January 18, 2011

Assignee: Stoneage, Inc.

Inventor: Douglas E. Wright

 

Self regulating fluid bearing high pressure rotary nozzle

Patent number: D638912

Type: Grant

Filed: December 21, 2010

Date of Patent: May 31, 2011

Assignee: Stoneage, Inc.

Inventors: Douglas E. Wright, Neil C. O'Connor

 

Self regulating fluid bearing high pressure rotary nozzle

Patent number: D639906

Type: Grant

Filed: December 21, 2010

Date of Patent: June 14, 2011

Assignee: Stoneage, Inc.

Inventor: Douglas E. Wright

 

Self regulating fluid bearing high pressure rotary nozzle

Patent number: D650887

Type: Grant

Filed: August 2, 2011

Date of Patent: December 20, 2011

Assignee: Stoneage, Inc.

Inventor: Douglas E. Wright

 

Self regulating fluid bearing high pressure rotary nozzle

Patent number: D724695

Type: Grant

Filed: March 20, 2014

Date of Patent: March 17, 2015

Assignee: Stoneage, Inc.

Inventor: Douglas E. Wright

 

 

Trademarks:

STONEAGE - Trademark Details

Status: 710 - Cancelled - Section 8

Image for trademark with serial number 75028775

Serial Number75028775

Registration Number2062769

Word Mark STONEAGE

Status710 - Cancelled - Section 8

Status Date2008-02-23

Filing Date1995-10-22

Registration Number2062769

Registration Date1997-05-20

Mark Drawing1000 - Typeset: Word(s)/letter(s)/number(s) Typeset

Published for Opposition Date1997-02-25

Attorney Name Kenton L. Freudenberg

Law Office Assigned Location CodeL40

Employee Name MCMORROW, JANICE LEE

 

BARRACUDA - Trademark Details

Status: 800 - Registered And Renewed

Image for trademark with serial number 75716970

Serial Number75716970

Registration Number2379161

Word Mark BARRACUDA

Status800 - Registered And Renewed

Status Date2009-12-15

Filing Date1999-06-01

Registration Number2379161

Registration Date2000-08-22

Mark Drawing1000 - Typeset: Word(s)/letter(s)/number(s) Typeset

Published for Opposition Date2000-05-30

Attorney Name John R. Wahl

Law Office Assigned Location CodeM50

Employee Name BRACEY, KAREN E

 

HURRICANE - Trademark Details

Status: 710 - Cancelled - Section 8

Image for trademark with serial number 75716971

Serial Number75716971

Registration Number2379162

Word Mark HURRICANE

Status710 - Cancelled - Section 8

Status Date2011-03-25

Filing Date1999-06-01

Registration Number2379162

Registration Date2000-08-22

Mark Drawing1000 - Typeset: Word(s)/letter(s)/number(s) Typeset

Published for Opposition Date2000-05-30

Attorney Name Kenton L. Freudenberg

Law Office Assigned Location CodeM50

Employee Name BRACEY, KAREN E

 

WARTHOG - Trademark Details

Status: 800 - Registered And Renewed

Image for trademark with serial number 75716972

Serial Number75716972

Registration Number2379163

Word Mark WARTHOG

Status800 - Registered And Renewed

Status Date2009-12-15

Filing Date1999-06-01

Registration Number2379163

Registration Date2000-08-22

Mark Drawing1000 - Typeset: Word(s)/letter(s)/number(s) Typeset

Published for Opposition Date2000-05-30

Attorney Name John R. Wahl

Law Office Assigned Location CodeM50

Employee Name BRACEY, KAREN E

 

TORUS - Trademark Details

Status: 700 - Registered

Image for trademark with serial number 86211810

Serial Number86211810

Registration Number4588907

Word Mark TORUS

Status700 - Registered

Status Date2014-08-19

Filing Date2014-03-05

Registration Number4588907

Registration Date2014-08-19

Mark Drawing4000 - Standard character mark Typeset

Published for Opposition Date2014-06-03

Attorney Name Gayle L. Strong

Law Office Assigned Location CodeM20

Employee Name WATTS-FITZGERALD, CAIT

 

 

Lawsuits:

Mosmatic Corporation v. StoneAge Inc

Plaintiff: Mosmatic Corporation

Defendant: StoneAge Inc

Case Number: 2:2016cv00722

Filed: June 14, 2016

Court: Wisconsin Eastern District Court

Office: Milwaukee Office

County: Kenosha

Presiding Judge: Lynn Adelman

Nature of Suit: Patent

Cause of Action: 28:1338

Jury Demanded By: Plaintiff

 

 

UCC:

Debtor name: STONEAGE INC

 

Document #

Date

Secured Party

Record #

Lapse Date

2,0172E+10

03/15/2017

Zions Credit Corporation

2,0172E+10

03/15/2022

2,0172E+10

03/30/2017

Zions Credit Corporation

2,0172E+10

03/30/2022

2,0152E+10

04/14/2015

TRIAD MACHINE TOOL COMPANY

2,0152E+10

04/14/2020

2,0152E+10

1/7/2015

Vectra Bank Colorado, National Association

2,0152E+10

1/7/2020

2,0152E+10

04/29/2015

VECTRA BANK COLORADO, NATIONAL ASSOCIATION

2,0152E+10

04/29/2020

2,0162E+10

03/31/2016

Zions Credit Corporation

2,0162E+10

03/31/2021

2,0162E+10

11/1/2016

ZB, N.A. dba Vectra Bank Colorado

2,0162E+10

11/1/2021

 

 

OFAC

Sanctions List Search:

 

The company is not listed in the OFAC list.

 

SUMMARY

 

 

Founded in 1979, Stoneage, Inc. is a mid-sized organization in the service industry machinery manufacturers industry located in Durango, CO.

 

The company has 130 full-time employees and generates an estimated USD 23.6 million in annual revenue.

 

The company imports from China and Turkey, and exports worldwide, operating within national and international markets.

 

This has been an ACTIVE company incorporated in COLORADO in 1979.

 

RISK INFORMATION

 

 

DEBTS

Controlled

PAYMENTS

Regular

CASH FLOW

Normal

STATUS

ACTIVE

 

 

INTERVIEW

 

NAME

Janet

POSITION

Operator

COMMENTS

She confirmed legal name, trade name, address, website and principal activity.

She asked the reason of the call and refused to provide further information through the phone.

 

She explained that all the company´s information is available at its website, and that the client who requested information about the company can send an email to the company to this email address: sales@stoneagetools.com

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

INR 64.91

UK Pound

1

INR 91.87

Euro

1

INR 80.26

US Dollar

1

INR 64.80

 

Note : Above are approximate rates obtained from sources believed to be correct

 

 

INFORMATION DETAILS

 

Analysis Done by :

PRA

 

 

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)

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.