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MIRA INFORM REPORT
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Report No. : |
506822 |
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Report Date : |
09.05.2018 |
IDENTIFICATION DETAILS
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Name : |
TUTHILL CORPORATION |
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Registered Office : |
C/O The Corporation Trust Company; Orange St 1209,
Wilmington, Delaware, 48170, United States Of America |
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Country : |
United States |
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Date of Incorporation : |
1892 |
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Com. Reg. No.: |
0640725 |
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Legal Form : |
Corporation |
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Line of Business : |
It manufactures and distributes pumps, blowers, vacuum pumps, linkage
and control assemblies, suspensions, and couplings. The company offers
lubrication pumps, oil field pumps, large pumps and compressors, fuel pumps,
and process pumps; vacuum pumps and systems; meters, including
petroleum-based and chemical-based meters; fluid transfer products; blowers
and blower packages; and custom injection molded plastic products. The
company also provides custom designed plastic parts; hydraulic drive axles
and non-powered axles for use on loaders; heavy duty process pumps for use in
the meat packing industry; PD blowers for transferring dry bulk materials
from point to point; custom drag links, tie rods, and axles for use in
commercial and consumer lawn and garden equipment; miniature magnetically
coupled external gear pumps to supply various fluids to the spray nozzles;
and sodium hypochlorite for wastewater treatment. |
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No. of Employees : |
670 |
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 : |
Slow but Correct |
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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
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Source
: CIA |
Company
summery
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COMPANY NAME |
TUTHILL CORPORATION |
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TRADE NAME |
TUTHILL PUMP GROUP, FILL-RITE, SOTERA, KINNEY
VACUUM, MD PNEUMATICS, AND GLOBALGEAR |
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CURRENT STATUS |
Active |
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MAIN ADDRESS |
C/O
The Corporation Trust Company; Orange St 1209, Wilmington, Delaware, 48170,
United States Of America |
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CITY/PROVINCE/STATE |
Wilmington,
Delaware, 48170 |
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PHONE NUMBER(S) |
(1-630) 382.4900 |
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FAX NUMBER(S) |
(1-630) 382-4999 |
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EMAIL |
info@tuthill.com |
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WEBSITE |
www.tuthill.com |
LEGAL
INFORMATION
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TYPE OF COMPANY |
Corporation |
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INCORPORATION DATE |
1892 |
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REGISTRY NUMBER |
Reg. 0640725 |
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LISTED AT STOCK EXCHANGE |
No |
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EXCHANGE RATE |
US$1.00 |
BACKGROUND.-
The company had the business name TUTHILL PUMP COMPANY
until the year 1977
LEGAL ASPECTS.-
First entry into the business register was on 1892.
Registration into the commercial register was on
05/0571966
RELATED
COMPANIES
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COMPANY NAME |
TAX ID. NUMBER |
COUNTRY |
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TUTHILL CHINA |
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CHINA |
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TUTHILL ASIA PACIFIC |
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AUSTRALIA |
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TUTHILL BENELUX S.A. |
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BELGIUM |
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TUTHILL UK |
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UNITED KINGDOM |
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TUTHILL LATIN AMERICA |
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ARGENTINA |
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TUTHILL MEXICO SOUTH |
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USA |
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TUTHILL MEXICO NORTH |
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USA |
BOARD
OF DIRECTORS, SENIOR EXECUTIVES AND SHAREHOLDERS
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NAME |
JOB TITLE |
STAKE |
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TUTHILL, JAY |
Chairman |
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SCHARDT,
DAVID BOYD,
BRAD CROY,
JEANICE CHAD, GABRIEL CARMAZZI, TOM VICE
PRESIDENT OF ENGINEERING MEADE,
ROSE |
Vice President of engineering Vice President of sales President of fort wayne operations Director
of seismic branding Chief Executive Officer Director of project
services Office Coordinator |
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OPERATIONS
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SECTOR |
C- Manufacturing industries |
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ACTIVITY |
Manufactures and distributes pumps |
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ISIC CATEGORY |
28- Manufacture of machinery and equipment |
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ISIC CLASS |
2812- Manufacture of fluid power equipment |
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MAIN ACTIVITY |
It manufactures and distributes pumps, blowers,
vacuum pumps, linkage and control assemblies, suspensions, and couplings. The
company offers lubrication pumps, oil field pumps, large pumps and
compressors, fuel pumps, and process pumps; vacuum pumps and systems; meters,
including petroleum-based and chemical-based meters; fluid transfer products;
blowers and blower packages; and custom injection molded plastic products.
The company also provides custom designed plastic parts; hydraulic drive
axles and non-powered axles for use on loaders; heavy duty process pumps for
use in the meat packing industry; PD blowers for transferring dry bulk
materials from point to point; custom drag links, tie rods, and axles for use
in commercial and consumer lawn and garden equipment; miniature magnetically
coupled external gear pumps to supply various fluids to the spray nozzles;
and sodium hypochlorite for wastewater treatment. |
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% TERRITORY OF SALES |
domestic market |
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N. OF EMPLOYEES |
670 |
LOCATION.-
LEGAL ADDRESS: Located at caption address in a
commercial zone of the city with easy access.
Office address:
South Madison Street 8500, Illinois, Burr Ridge, 60527, United States Of
America
BRANCHES:
West Kearney Street 4840, Springfield, Mo 65803,
United States Of America
South Pulaski Road 12500, Alsip, Il 60803, United
States Of America
United States Of America 2050, Clearwater, Fl 33765,
United States Of America
Aviation Drive 8825, Fort Wayne, In 46809, United
States Of America
COMMENTS AS TO OPERATIONS.-
The company also carries out importations.
Additional activities:
It offers pumps for compressor systems, power
transmissions, turbine generator sets, and machine tools; drive axles for
hydrostatically propelled equipment; lubrication pumps for refrigerant
compressors; truck blowers for offloading dry bulk; and rotary piston vacuum pumps
for vacuum furnace applications.
Clients:
PROVINDUS SA (Paraguay)
ARTOCSA DE CV (Mexico)
PAHUSA PRODUCTOS INDUSTRIALES
(Mexico)
ООО ЕТСГРУПП / OOO ETSGRUPP (Russian
Federation)
АО ИНТЕК АНАЛИТИКА / AO INTEK ANALITIKA Russian Federation)
ООО ГИДРОМЕХ / OOO GIDROMEH (Russian Federation)
ООО СТФК КАМАЗ / OOO STFK KAMAZ (Russian Federation)
FOREIGN
TRADE
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IMPORTS
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YEAR |
2015 |
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AMOUNT |
US$ 8,884.00 |
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COUNTRIES |
Russian Federation |
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IMPORTS
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YEAR |
2013 |
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AMOUNT |
US$ 53,202.31 |
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COUNTRIES |
Russian Federation |
FINANCIAL
INFORMATION
The report herein was elaborated through external
sources, since main executives do not provide data on the company per
confidential policies.
FINANCIAL COMMENTS.-
According to
internal sources, the company has following financial highlights:
- Turnover: US$ 341,800,000.00 in 2016
year
- Turnover: US$ 305,000,000.00 in 2013
year
- Turnover: US$ 339,700,000.00 in 2012
year
- Turnover: US$ 314,700,000.00 in 2011
year
- Turnover: US$ 251,700,000.00 in 2010
year
INSURANCE.-
Not found.
PAYMENTS
REFERENCES
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FOREIGN SUPPLIERS |
Country |
Phone Number |
Contact Name |
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RUSSELL
DUCTILECASTINGS |
United Kingdom |
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COMMENTS OF SUPPLIERS.-
Suppliers consulted do not provide commercial
information regarding clients on grounds of confidentiality.
BANKS
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Bank Name |
Country |
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CITIBANK, N.A FIRST KEYSTONE
COMMUNITY BANK FIRST NIAGARA BANK, N.A |
USA USA USA |
BANK
REFERENCES
Consulted Bank does not provide further information of
its clients on grounds of confidentiality.
Commercial pledges
Filing Number: 2017051001029
Date: 10.05.2017
Secured Party: GIANT BICYCLE, INC.
Filing Number: 2017 2183421
Date: 04.04.2017
Secured Party: GREATAMERICA FINANCIAL SERVICES
Filing Number: 2017 1729752
Date: 16.03.2017
Secured Party: MERIDIAN LEASING CORPORATION
Filing Number: 2017 0667656
Date: 30.01.2017
Secured Party: TOSHIBA MACHINE COMPANY, AMERICA
LITIGATIONS
No lawsuits were found against the company.
CENTRAL
RISK
By the Local
Debt Collection Database: No current debts registered against the company
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 67.08 |
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1 |
INR 91.14 |
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Euro |
1 |
INR 80.01 |
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USD |
1 |
INR 67.50 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
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DIV |
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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
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Promoters
/ Management background
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Payment
record
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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.