Amincor Inc. (AMNC)

Overview

Amincor, Inc., a diversified company operating through its subsidiaries, primarily focuses on the manufacturing and selling of bakery food products. The company boasts a range of offerings from sliced bread and doughnuts to cookies and snack products. Additionally, Amincor is actively involved in environmental services, specifically targeting water remediation and the treatment of petroleum-impacted water. This inclusion of environmental services broadens its operational scope beyond the food industry, catering to a different set of clients such as oil companies, municipalities, and industrial facilities. The transition from its former name, Joning Corp, in February 2010, marks a significant phase in its history, reflecting its diversified growth strategy. Established in 1997 and based in New York, New York, Amincor has expanded its reach and services, catering to a wide range of clients including national and multinational enterprises, as well as local and governmental agencies.

Products and Services

• Bakery Food Products:

  Amincor’s product range includes a variety of bakery goods such as various sliced bread, yeast and cake doughnuts, frozen donuts, cookies, and snack products. These are supplied primarily to supermarket "in-store" bakery departments and food service channels, demonstrating the company’s strong presence in the food production sector.

• Water Remediation Services:

  Offering essential environmental services, Amincor provides water testing and evaluation, system engineering and design, system training servicing, and maintenance services in the northeastern United States. This service is crucial for treating and discharging petroleum impacted water into the sanitary sewer system, catering to oil companies, petroleum marketers, jobbers, municipal entities, school districts, industrial facilities, and more, showcasing Amincor’s commitment to environmental sustainability.

• Maintenance, Repair, and Construction Services:

  The company extends its expertise to customers with underground petroleum storage tanks and petroleum product dispensing equipment. This includes environmental consulting, site assessment, analysis, and managing site remediation for owners and operators of petroleum storage facilities. Such services are offered to national and multinational enterprises, local and national governmental agencies, and municipalities, highlighting Amincor’s broad service range beyond its bakery product line.