EX-25.1 11 l42402exv25w1.htm EX-25.1 exv25w1
Exhibit 25.1
 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM T-1
STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT OF 1939 OF A
CORPORATION DESIGNATED TO ACT AS TRUSTEE
 
o  CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO
SECTION 305(b) (2)
WELLS FARGO BANK, NATIONAL ASSOCIATION
(Exact name of trustee as specified in its charter)
     
A National Banking Association   94-1347393
(Jurisdiction of incorporation or   (I.R.S. Employer
organization if not a U.S. national
bank)
  Identification No.)
     
101 North Phillips Avenue    
Sioux Falls, South Dakota   57104
(Address of principal executive offices)   (Zip code)
Wells Fargo & Company
Law Department, Trust Section
MAC N9305-175
Sixth Street and Marquette Avenue, 17
th Floor
Minneapolis, Minnesota 55479
(612) 667-4608
(Name, address and telephone number of agent for service)
 
Park-Ohio Industries, Inc.
(Exact name of obligor as specified in its charter)
     
Ohio   34-6520107
(State or other jurisdiction of   (I.R.S. Employer
incorporation or organization)   Identification No.)
     
6065 Parkland Blvd.    
Cleveland, Ohio   44124
(Address of principal executive offices)   (Zip code)
 
8.125% Senior Notes due 2021 and
Guarantees of 8.125% Senior Notes due 2021
(Title of the indenture securities)
 

 


 

GUARANTORS
             
    State or Other        
    Jurisdiction        
    of Incorporation        
Exact Name of Obligor as Specified in its   or   I.R.S. Employer   Address of Principal
Charter   Organization   Identification No.   Executive Offices
Ajax Tocco Magnethermic Corporation
  Ohio   74-3062212   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
ATBD, Inc.
  Ohio   34-1447432   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
Blue Falcon Travel, Inc.
  Alabama   63-1154367   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
Columbia Nut & Bolt LLC
  Ohio   11-3727316   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
Control Transformer, Inc.
  Ohio   34-1834375   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
Feco, Inc.
  Illinois   36-3738441   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
Precision Engineered Plastics, Inc.
  Ohio   34-1853655   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
Gateway Industrial Supply LLC
  Ohio   34-1862827   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
General Aluminum Mfg. Company
  Ohio   34-0641582   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
ILS Technology LLC
  Ohio   34-1973058   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124

 


 

             
    State or Other        
    Jurisdiction        
    of Incorporation        
Exact Name of Obligor as Specified in its   or   I.R.S. Employer   Address of Principal
Charter   Organization   Identification No.   Executive Offices
Induction Management Services, LLC
  Michigan   35-2304890   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
Integrated Holding Company
  Ohio   34-1862827   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
Integrated Logistics Holding Company
  Ohio   34-1862827   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
Integrated Logistics Solutions, Inc.
  Ohio   34-1820111   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
Lewis & Park Screw & Bolt Company
  Ohio   34-1875683   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
Park-Ohio Forged & Machined Products LLC
  Ohio   34-6520107   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
Park-Ohio Products, Inc.
  Ohio   34-1799215   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
Pharmaceutical Logistics, Inc.
  Ohio   34-1878255   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
Pharmacy Wholesale Logistics, Inc.
  Ohio   34-1782668   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
P-O Realty LLC
  Ohio   34-6520187   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
POVI L.L.C.
  Ohio   34-1921968   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
Precision Machining Connection LLC
  Ohio   34-1447432   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124

 


 

             
    State or Other        
    Jurisdiction        
    of Incorporation        
Exact Name of Obligor as Specified in its   or   I.R.S. Employer   Address of Principal
Charter   Organization   Identification No.   Executive Offices
RB&W Ltd.
  Ohio   34-1862827   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
RB&W Manufacturing LLC
  Ohio   34-1862827   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
Red Bird, Inc.
  Ohio   34-1797914   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
Snow Dragon LLC
  Ohio   03-0562114   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
Southwest Steel Processing LLC
  Ohio   34-1972879   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
ST Holding Corp.
  Ohio   30-0459958   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
STMX, Inc.
  Ohio   80-0143260   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
Summerspace, Inc.
  Ohio   34-1820113   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
Supply Technologies (NY), Inc.
  New York   13-5617275   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
Supply Technologies LLC
  Ohio   34-1862827   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
The Ajax Manufacturing Company
  Ohio   34-1808659   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124

 


 

             
    State or Other        
    Jurisdiction        
    of Incorporation        
Exact Name of Obligor as Specified in its   or   I.R.S. Employer   Address of Principal
Charter   Organization   Identification No.   Executive Offices
The Clancy Bing Company
  Pennsylvania   25-1645335   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
TW Manufacturing Co.
  Ohio   80-0167669   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
Tocco, Inc.
  Alabama   63-0677577   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124
 
           
WB&R Acquisition Company, Inc.
  Pennsylvania   25-1781418   c/o Park-Ohio
 
          Industries, Inc.
 
          6065 Parkland Blvd.
 
          Cleveland, Ohio 44124

 


 

Item 1. General Information. Furnish the following information as to the trustee:
         
 
  (a)   Name and address of each examining or supervising authority to which it is subject.
 
       
 
      Comptroller of the Currency
 
      Treasury Department
 
      Washington, D.C.
 
       
 
      Federal Deposit Insurance Corporation
 
      Washington, D.C.
 
       
 
      Federal Reserve Bank of San Francisco
 
      San Francisco, California 94120
 
       
 
  (b)   Whether it is authorized to exercise corporate trust powers.
 
       
 
      The trustee is authorized to exercise corporate trust powers.
Item 2. Affiliations with Obligor. If the obligor is an affiliate of the trustee, describe each such affiliation.
                  None with respect to the trustee.
No responses are included for Items 3-14 of this Form T-1 because the obligor is not in default as provided under Item 13.
Item 15. Foreign Trustee. Not applicable.
Item 16. List of Exhibits. List below all exhibits filed as a part of this Statement of Eligibility.
     
Exhibit 1.
  A copy of the Articles of Association of the trustee now in effect.*
 
   
Exhibit 2.
  A copy of the Comptroller of the Currency Certificate of Corporate Existence and Fiduciary Powers for Wells Fargo Bank, National Association, dated February 4, 2004.**
 
   
Exhibit 3.
  See Exhibit 2
 
   
Exhibit 4.
  Copy of By-laws of the trustee as now in effect.***
 
   
Exhibit 5.
  Not applicable.
 
   
Exhibit 6.
  The consent of the trustee required by Section 321(b) of the Act.
 
   
Exhibit 7.
  A copy of the latest report of condition of the trustee published pursuant to law or the requirements of its supervising or examining authority.
 
   
Exhibit 8.
  Not applicable.
 
   
Exhibit 9.
  Not applicable.

 


 

 
*   Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form S-4 dated December 30, 2005 of file number 333-130784-06.
 
**   Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form T-3 dated March 3, 2004 of file number 022-28721.
 
***   Incorporated by reference to the exhibit of the same number to the trustee’s Form T-1 filed as exhibit 25 to the Form S-4 dated May 26, 2005 of file number 333-125274.

 


 

SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Wells Fargo Bank, National Association, a national banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in the City of Chicago and State of Illinois on the 17th day of June, 2011.
     
 
  WELLS FARGO BANK, NATIONAL ASSOCIATION
 
   
 
  /s/ Gregory S. Clarke
 
   
 
  Gregory S. Clarke
 
  Vice President

 


 

EXHIBIT 6
June 17, 2011
Securities and Exchange Commission
Washington, D.C. 20549
Gentlemen:
In accordance with Section 321(b) of the Trust Indenture Act of 1939, as amended, the undersigned hereby consents that reports of examination of the undersigned made by Federal, State, Territorial, or District authorities authorized to make such examination may be furnished by such authorities to the Securities and Exchange Commission upon its request therefor.
         
 
  Very truly yours,    
 
       
 
  WELLS FARGO BANK, NATIONAL ASSOCIATION    
 
       
 
  /s/ Gregory S. Clarke
 
Gregory S. Clarke
Vice President
   

 


 

EXHIBIT 7
Consolidated Report of Condition of
Wells Fargo Bank National Association
of 101 North Phillips Avenue, Sioux Falls, SD 57104
And Foreign and Domestic Subsidiaries,
at the close of business March 31, 2011, filed in accordance with 12 U.S.C. §161 for National Banks.
                 
            Dollar Amounts  
            In Millions  
ASSETS
               
Cash and balances due from depository institutions:
               
Noninterest-bearing balances and currency and coin
          $ 17,369  
Interest-bearing balances
            74,672  
Securities:
               
Held-to-maturity securities
            0  
Available-for-sale securities
            145,551  
Federal funds sold and securities purchased under agreements to resell:
               
Federal funds sold in domestic offices
            6,481  
Securities purchased under agreements to resell
            10,955  
Loans and lease financing receivables:
               
Loans and leases held for sale
            19,408  
Loans and leases, net of unearned income
    686,307          
LESS: Allowance for loan and lease losses
    18,779          
Loans and leases, net of unearned income and allowance
            667,528  
Trading Assets
            34,595  
Premises and fixed assets (including capitalized leases)
            8,062  
Other real estate owned
            5,290  
Investments in unconsolidated subsidiaries and associated companies
            588  
Direct and indirect investments in real estate ventures
            108  
Intangible assets
               
Goodwill
            20,936  
Other intangible assets
            27,181  
Other assets
            54,306  
 
               
 
             
Total assets
          $ 1,093,030  
 
             
 
               
LIABILITIES
               
Deposits:
               
In domestic offices
          $ 749,729  
Noninterest-bearing
    171,738          
Interest-bearing
    577,991          
In foreign offices, Edge and Agreement subsidiaries, and IBFs
            93,508  
Noninterest-bearing
    1,895          
Interest-bearing
    91,613          
Federal funds purchased and securities sold under agreements to repurchase:
               
Federal funds purchased in domestic offices
            1,809  
Securities sold under agreements to repurchase
            14,094  

 


 

         
    Dollar Amounts  
    In Millions  
Trading liabilities
    19,802  
Other borrowed money
(includes mortgage indebtedness and obligations under capitalized leases)
    38,506  
Subordinated notes and debentures
    17,445  
Other liabilities
    32,953  
 
       
 
     
Total liabilities
  $ 967,846  
 
       
EQUITY CAPITAL
       
Perpetual preferred stock and related surplus
    0  
Common stock
    519  
Surplus (exclude all surplus related to preferred stock)
    98,980  
Retained earnings
    19,029  
Accumulated other comprehensive income
    5,381  
Other equity capital components
    0  
 
       
 
     
Total bank equity capital
    123,909  
Noncontrolling (minority) interests in consolidated subsidiaries
    1,275  
 
     
 
       
Total equity capital
    125,184  
 
       
 
     
Total liabilities, and equity capital
  $ 1,093,030  
 
     
I, Timothy J. Sloan, EVP & CFO of the above-named bank do hereby declare that this Report of Condition has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true to the best of my knowledge and belief.
Timothy J. Sloan
EVP & CFO
We, the undersigned directors, attest to the correctness of this Report of Condition and declare that it has been examined by us and to the best of our knowledge and belief has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true and correct.
     
John Stumpf
Dave Hoyt
Michael Loughlin
  Directors