On December 1, 2011, OTP issued $140 million aggregate principal amount of its 4.63% Senior Unsecured Notes due December 1, 2021 pursuant to a Note Purchase Agreement dated as of July 29, 2011 (the 2011 Note Purchase Agreement). OTP also has outstanding its $122 million senior unsecured notes issued in three series consisting of $30 million aggregate principal amount of 6.15% Senior Unsecured Notes, Series B, due 2022; $42 million aggregate principal amount of 6.37% Senior Unsecured Notes, Series C, due 2027; and $50 million aggregate principal amount of 6.47% Senior Unsecured Notes, Series D, due 2037 (collectively, the 2007 Notes). The 2007 Notes were issued pursuant to a Note Purchase Agreement dated as of August 20, 2007 (the 2007 Note Purchase Agreement). On August 21, 2017 OTP used borrowings under the OTP Credit Agreement to retire its $33 million aggregate principal amount of 5.95% Senior Unsecured Notes, Series A, which had been issued under the 2007 Note Purchase Agreement and matured on August 20, 2017.
PVC pipe products are marketed through a combination of independent sales representatives, company salespersons and customer service representatives. Customers for the PVC pipe products consist primarily of wholesalers and distributors throughout the northern, midwestern, south-central, western and northwest United States. The principal method for distribution of the PVC pipe companies’ products is by common carrier ground transportation. No single customer of the PVC pipe companies accounts for over 10% of the Company’s consolidated revenue. However, two customers combined accounted for 39% of 2018 Plastics segment revenue.
* Wilderness Nature Camp, ages 6-13, 8:30 a.m.-5 p.m. (Monday-Friday) June 10-Aug. 2 except week of July 4, $185/session.
Excluding changes in provisions, EBITDA improved by €173 million compared to prior year, with net reversal of €56 million in 2018 and €81 million in 2017.
Cellulosic electrodes, such as E6010 and E6011, primarily feature wood pulp (cellulose) that generates hydrogen to create a digging/driving arc with deep penetration. The driving arc creates appeal for farm equipment repair and other applications with contaminated surfaces, as well as the V-grooves associated with open-root pipe joints. To control the weld puddle with a digging/driving arc, use a “whip and pause” technique with E6010 electrodes.
The course (HLTH 1120/19S & CRN #24569) will be held Mondays and Thursdays, March 11-April 15, from 5-9 p.m. in Room 207 at the West Point extended campus, 202 Anna Stalp Avenue. Mary Dickson is the instructor.
â Reduce schedule by ensuring pre-fabricated piping fit-up (100 percent fit-up on over 1000 feet of 6-inch and 8-inch titanium piping).
Financial assistance is available through the Community College Gap Assistance Program for students meeting income guidelines. For more information about financial assistance, please call 402-844-7245.
Table 1 demonstrates Ternium S.A. and Ossen Innovation Co. Ltd.’s top-line revenue, earnings per share (EPS) and valuation. Ossen Innovation Co. Ltd. is observed to has lower revenue and earnings than Ternium S.A. The company that is more expensive between the two has a higher price-to-earnings ratio. Ternium S.A.’s current price-to-earnings ratio is higher than that of Ossen Innovation Co. Ltd., which means that it is the expensive of the two.
Income tax expense was $14.6 million in 2018 compared with $27.3 million in 2017 and $20.2 million in 2016. Income tax expense decreased $12.7 million in 2018 compared with 2017, mainly due to the decrease in the federal corporate income tax rate from 35% in 2017 to 21% in 2018 under the TCJA. Income tax expense increased $7.0 million in 2017 compared with 2016 mainly because of a $17.2 million increase in income before income taxes.
On October 29, 2012 the Company entered into a Third Amended and Restated Credit Agreement (the OTC Credit Agreement), which is an unsecured $130 million revolving credit facility that may be increased to $250 million on the terms and subject to the conditions described in the OTC Credit Agreement. On October 31, 2018 the OTC Credit Agreement was amended to extend its expiration date by one year from October 31, 2022 to October 31, 2023. The Company can draw on this credit facility to refinance certain indebtedness and support its operations and the operations of its subsidiaries. Borrowings under the OTC Credit Agreement bear interest at LIBOR plus 1.50%, subject to adjustment based on the Company’s senior unsecured credit ratings or the issuer rating if a rating is not provided for the senior unsecured credit. The Company is required to pay commitment fees based on the average daily unused amount available to be drawn under the revolving credit facility. The OTC Credit Agreement contains a number of restrictions on the Company and the businesses of its wholly owned subsidiary, Varistar and its subsidiaries, including restrictions on the Company’s and Varistar’s ability to merge, sell assets, make investments, create or incur liens on assets, guarantee the obligations of certain other parties and engage in transactions with related parties. The OTC Credit Agreement also contains affirmative covenants and events of default, and financial covenants as described below under the heading ‘Financial Covenants.’ The OTC Credit Agreement does not include provisions for the termination of the agreement or the acceleration of repayment of amounts outstanding due to changes in the Company’s credit ratings. The Company’s obligations under the OTC Credit Agreement are guaranteed by certain of the Company’s subsidiaries. Outstanding letters of credit issued by the Company under the OTC Credit Agreement can reduce the amount available for borrowing under the line by up to $40 million.
A -16 indicates a basic rutile-type coating that contains dominant amounts of rutile, medium amounts of limestone, and limited amounts of fluorspar. Given a choice, most operators prefer to use a -16 electrode. It provides a stable, smooth spray-transfer arc and a convex to flat bead profile with fine ripples and good side-wall fusion. It also produces a low amount of fine spatter and a slag that usually self-releases.
OTCMKTS:CPSL | Welded Carbon Steel Pipe Related Video:
We stick with the theory of quality first, company first, steady improvement and innovation to satisfy the customers for the management and zero defect, zero complaints as the quality objective. To perfect our provider, we deliver the items together with the fantastic good quality at the reasonable value for Square Steel Pipes , Square Steel Pipe , Pregalvanized Steel Pipe , we rely on own advantages to build a mutual-benefit commerce mechanism with our cooperative partners. As a result, we have gained a global sales network reaching the Middle East, Turkey, Malaysia and Vietnamese.
