Overview
Hurricane Compressors, a division of Grimmer Industries, Inc. (the "Company") is located in Franklin, Indiana USA. Franklin is a small community located about 20 miles south of Indianapolis, Indiana, the state capitol of Indiana.
Hurricane Compressors and its affiliates have been continuously engaged in the manufacture of compressors in Franklin since 1968.
Operations are conducted in a plant comprised of approximately 60,000 square feet of manufacturing and warehouse space. The real estate is owned by the Company.
Hurricane Compressors specializes in the manufacture of multi-stage reciprocating air and gas compressors and boosters. Applications include compressed natural gas filling, gas well re-work, drilling, and seismic work.
Organization
Hurricane Compressors is a trade name of Grimmer Industries, Inc. Grimmer Industries, Inc. was incorporated as an Indiana corporation in May, 1993. Other affiliates are:
| GrimmerSchmidt Compressors, LLC | Portable construction and industrial air products |
| ANGI International, LLC | CNG Filling Station Solutions and custom compressors |
| Additional Information concerning Grimmer Industries, Inc. | |
| Address |
1015 North Hurricane Road Franklin, Indiana 46131 |
| Main Telephone |
(317) 736-3800 (800) 754-7408 |
| EIN | 35-1888735 |
| NAICS | 339900 |
| DUNS | 80-689-9746 |
| Banking |
5/3rd Bank 251 North Illinois Suite 1000 Indianapolis, IN 46204 |
Financial
The Company is privately held by members of the Grimmer Family. The Company has audited financial statements that are released only for appropriate and limited purposes and only after receipt of a written confidentiality agreement in usual form.
The following information is supplied for information only, and not as a representation upon which reliance should be made.
Sales. Annual gross sales for the Company are approximately US$25.0 million. Of these sales, about 40% or US$10.0 million, arose from exports sales and the balance was domestic.
Balance sheet. In rounded numbers, the Company’s 2006 key balance sheet figures were:
| In $1,000s | |
| Current Assets | $15.4 |
| Property & Equipment (Net) | $1.5 |
| Current Liabilities | $10.0 |
| Long Term Liabilities | $2.5 |
| Equity | $3.9 |
Hurricane Production Capabilities
Hurricane production is supported by six full time engineers and technical support personnel. Design is performed in a 3D computer assisted environment. Larger components, such as drive engines and motors are obtained from third parties. A CNC machine shop produces most machined items and piping and structural welding is performed in-house. ASME B31.1 welding is supported internally if specified by the customer. ASME tanks are purchased as required. Cylinders are honed in Hurricane’s machine shop and surfaces inspected to insure compliance with specification.
Cylinders are cast or fabricated. Heads are cast to Hurricane designs. Valves are usually concentric and manufactured to Hurricane specification.
Units are assembled under cranes with up to 4 ton lifting capability.
Heat and surface treatments are contracted with third parties.
Hurricane employs an ISO 9000 quality system and is registered.
Controls are assembled to proprietary designs. PLCs are employed on some applications. Murphy and other industry standard controls and devices are used. Explosion proof enclosures and wiring are available to all accepted code standards.
All units are fully tested prior to shipment.
Customers
In general, Hurricane sells through distributors who provide after sales support for the product. In addition, Hurricane engineers work with distributors and end customers on custom applications and specification. Hurricane considers its customer list as confidential.