Uttam Strips Private Limited (USPL) is a closely held private limited company.
For FY2010, USPL reported an operating income of Rs.
CADILLAC OF FRAMING?: Trimax structural framing lumber, a new product from USPL
, is sold as a durable (but more costly) alternative to pressure-treated framing.
Tie Tek and USPL have both made ties able to carry heavy freight on the railroads' FAST/HAL (Facility for Accelerated Sea-vice Testing/Heavy Axle Load) test at the Transportation Technology Center in Pueblo, Colo.
USPL sells ties for both freight and transit, though mainly for transit.
USPL uses an extrusion process for continuous molding with SPS molds.
Mark Alsentzer, USPL
's CEO, says, "We are excited that transit authorities throughout the country continue to choose Duratie as a viable and value-added replacement to traditional railroad ties, such as wood, steel or concrete.
The ratings reflect delay by USPL in servicing its term loan.
USPL's weak financial risk profile is marked by small net worth, high gearing and weak debt protection metrics.
The technical specifications for USPL
's unreinforced product do suggest that it has less flexural strength than a fiber-containing version.
USPL also reports that during the period in question, it introduced a new formulation to improve its building products' performance.
For the 12 months ended December 31,2002, USPL reports revenues of $49.0 million, as compared to $57.8 million in 2001.