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Amincor Inc A (AMNC)

Amincor Inc A (AMNC)
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Amincor, Inc. was incorporated under the laws of the state of Nevada on October 8, 1997 under the name GSE Group, Inc. is a holding company operating through its subsidiaries Baker's Pride, Inc., Environmental Holding Corp. and Tyree Holdings Corp. Additionally, Amincor Contract Administrators, Inc. and Amincor Other Assets, Inc. are subsidiaries with minimal operations. The Company is organized into following operating segments: Amincor, Other Assets, Contract Admin, BPI, EHC, and Tyree. Baker's Pride, Inc. consists of three operating entities; The Jefferson Street Bakery, Inc., The Mt. Pleasant Street Bakery, Inc. and The South Street Bakery, Inc. Jefferson Street Bakery produces several varieties of sliced bread. Mt. Pleasant Street Bakery is involved in the sale of both finished and unfinished yeast and cake doughnuts which are manufactured and flash-frozen bakery goods to be distributed to supermarket 'in-store' bakery departments and food service channels. Its ingredients are various flours, sugars and other sweeteners; soybean or other vegetable oil products; salt, yeast and other leavening agents as well as commercial bakery pre-mixes. Its Frozen products such as donuts, cookies and brownies are designed for supermarket 'in-store' bakery departments and food service channels. These frozen products face competition from companies such as Dawn Foods, Maplehurst Inc., Bake `n Joy, Inc. and CSM, a multinational company with an increasing presence in the U.S. due to its acquisition of Best Brands, Inc. and Bake Mark, H.C. Brill. Its operations are subject to various federal, state and local laws in regard to environmental matters. Environmental Holding Corp (EQS) provides environmental testing services in the northeast United States. EQS' services include RCRA (resource conservation recovery act) and hazardous waste characterization; TCLP (toxic characteristic leaching procedure) analyses; underground storage tank analytical assessment; landfill/ground water monitoring; NPDES (national pollution discharge elimination system) effluent characteristics analysis; PCB (polychlorinated biphenyls) and PCB congener analysis; paint testing; fingerprint categorization, petroleum analyses. EQS customers include petroleum companies, contractors, environmental consulting firms, utilities and municipalities. Its competitors include: American Analytical Laboratories, Long Island Analytical Laboratories, H2M Laboratories, Analytical Chemists Laboratories, Inc. Advanced Waste & Water Technology, Inc. ('AWWT') provides certain water remediation services in the northeast United States. AWWT is the licensed water treatment facility on Long Island that is capable of treating and discharging petroleum impacted water into the sanitary sewer system. AWWT's current customers include major oil companies, petroleum marketers, jobbers, municipal entities, school districts, industrial facilities and other businesses which regularly have water accumulation within their underground storage tanks. Its competitors include: Advanced Waste Services, Aquatech, Clear Flo Technologies and Paradise Energy, Inc. Tyree Holdings Corp. ('Tyree') is the retail petroleum and environmental services providers of the Northeast and Mid-Atlantic regions of the United States. It is organized into three business units including Maintenance, Environmental/ Compliance/ Engineering and Construction. Its customers include: Gulf/Cumberland Farms, Hess, Exxon, Shell, BP and Sunoco, Leon Petroleum and Green Valley.
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