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Parkinson Technologies Inc.

Company Details

Name: Parkinson Technologies Inc.
Jurisdiction: Rhode Island
Entity type: Domestic Profit Corporation
Status: Activ
Date of Organization in Rhode Island: 17 Mar 1993 (32 years ago)
Identification Number: 000071812
ZIP code: 02895
County: Providence County
Principal Address: 100 GOLDSTEIN DR, WOONSOCKET, RI, 02895, USA
Purpose: TO MANUFACTURE MACHINERY AND EQUIPMENT.
Fictitious names: Parkinson Technologies Inc. (trading name, 2000-07-18 - 2011-02-09)
Historical names: Thorson Industries, Inc.
Parkinson Machinery & Manufacturing Corp.

Industry & Business Activity

NAICS

331110 Iron and Steel Mills and Ferroalloy Manufacturing

This industry comprises establishments primarily engaged in one or more of the following: (1) direct reduction of iron ore; (2) manufacturing pig iron in molten or solid form; (3) converting pig iron into steel; (4) making steel; (5) making steel and manufacturing shapes (e.g., bar, plate, rod, sheet, strip, wire); (6) making steel and forming pipe and tube; and (7) manufacturing electrometallurgical ferroalloys. Ferroalloys add critical elements, such as silicon and manganese for carbon steel and chromium, vanadium, tungsten, titanium, and molybdenum for low- and high-alloy metals. Ferroalloys include iron-rich alloys and more pure forms of elements added during the steel manufacturing process that alter or improve the characteristics of the metal. Learn more at the U.S. Census Bureau

form 5500

Plan Name Plan Year EIN/PN Received Sponsor Total number of participants
PARKINSON TECHNOLOGIES, INC. 401(K) PLAN 2012 050471241 2013-04-16 PARKINSON TECHNOLOGIES, INC. 116
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1995-01-01
Business code 333200
Sponsor’s telephone number 4017622100
Plan sponsor’s mailing address 100 GOLDSTEIN DRIVE, WOONSOCKET, RI, 02895
Plan sponsor’s address 100 GOLDSTEIN DRIVE, WOONSOCKET, RI, 02895

Plan administrator’s name and address

Administrator’s EIN 050471241
Plan administrator’s name PARKINSON TECHNOLOGIES, INC.
Plan administrator’s address 100 GOLDSTEIN DRIVE, WOONSOCKET, RI, 02895
Administrator’s telephone number 4017622100

Number of participants as of the end of the plan year

Active participants 91
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 30
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 112
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 7

Signature of

Role Plan administrator
Date 2013-04-16
Name of individual signing GREG SILVA
Valid signature Filed with authorized/valid electronic signature
Role Employer/plan sponsor
Date 2013-04-16
Name of individual signing GREG SILVA
Valid signature Filed with authorized/valid electronic signature
PARKINSON TECHNOLOGIES, INC. 401(K) PLAN 2011 050471241 2012-04-17 PARKINSON TECHNOLOGIES, INC. 110
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1995-01-01
Business code 333200
Sponsor’s telephone number 4017622100
Plan sponsor’s mailing address 100 GOLDSTEIN DRIVE, WOONSOCKET, RI, 02895
Plan sponsor’s address 100 GOLDSTEIN DRIVE, WOONSOCKET, RI, 02895

Plan administrator’s name and address

Administrator’s EIN 050471241
Plan administrator’s name PARKINSON TECHNOLOGIES, INC.
Plan administrator’s address 100 GOLDSTEIN DRIVE, WOONSOCKET, RI, 02895
Administrator’s telephone number 4017622100

Number of participants as of the end of the plan year

Active participants 91
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 25
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 101
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2

Signature of

Role Plan administrator
Date 2012-04-17
Name of individual signing GREG SILVA
Valid signature Filed with authorized/valid electronic signature
PARKINSON MACHINERY & MANUFACTURING CORP. 401(K) PLAN 2010 050471241 2011-06-16 PARKINSON TECHNOLOGIES, INC. 106
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1995-01-01
Business code 333200
Sponsor’s telephone number 4017622100
Plan sponsor’s mailing address 100 GOLDSTEIN DRIVE, WOONSOCKET, RI, 02895
Plan sponsor’s address 100 GOLDSTEIN DRIVE, WOONSOCKET, RI, 02895

Plan administrator’s name and address

Administrator’s EIN 050471241
Plan administrator’s name PARKINSON TECHNOLOGIES, INC.
Plan administrator’s address 100 GOLDSTEIN DRIVE, WOONSOCKET, RI, 02895
Administrator’s telephone number 4017622100

Number of participants as of the end of the plan year

Active participants 82
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 28
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 95
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 3

Signature of

Role Plan administrator
Date 2011-06-16
Name of individual signing GREG SILVA
Valid signature Filed with authorized/valid electronic signature
PARKINSON MACHINERY & MANUFACTURING CORP. 401(K) PLAN 2009 050471241 2010-04-13 PARKINSON TECHNOLOGIES, INC. 104
File View Page
Three-digit plan number (PN) 001
Effective date of plan 1995-01-01
Business code 333200
Sponsor’s telephone number 4017622100
Plan sponsor’s mailing address 100 GOLDSTEIN DRIVE, WOONSOCKET, RI, 02895
Plan sponsor’s address 100 GOLDSTEIN DRIVE, WOONSOCKET, RI, 02895

Plan administrator’s name and address

Administrator’s EIN 050471241
Plan administrator’s name PARKINSON TECHNOLOGIES, INC.
Plan administrator’s address 100 GOLDSTEIN DRIVE, WOONSOCKET, RI, 02895
Administrator’s telephone number 4017622100

Number of participants as of the end of the plan year

Active participants 73
Retired or separated participants receiving benefits 0
Other retired or separated participants entitled to future benefits 33
Deceased participants whose beneficiaries are receiving or are entitled to receive benefits 0
Number of participants with account balances as of the end of the plan year 95
Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 13

Signature of

Role Plan administrator
Date 2010-04-13
Name of individual signing GREG SILVA
Valid signature Filed with authorized/valid electronic signature

Agent

Name Role Address
THEODORE HOWELL Agent 225 DYER STREET 2ND FLOOR, PROVIDENCE, RI, 02903, USA

PRESIDENT

Name Role Address
PETER TERMYN PRESIDENT 100 GOLDSTEIN DRIVE WOONSOCKET, RI 02895 USA

DIRECTOR

Name Role Address
ERNEST ABRAHAMSON DIRECTOR 100 GOLDSTEIN DRIVE WOONSOCKET, RI 02895 USA

Events

Type Date Old Value New Value
Name Change 2011-02-09 Parkinson Machinery & Manufacturing Corp. Parkinson Technologies Inc.
Merged 2010-01-01 Key Filters, Inc. on Parkinson Technologies Inc.
Name Change 1993-04-08 Thorson Industries, Inc. Parkinson Machinery & Manufacturing Corp.

Filings

Number Name File Date
202448508690 Annual Report 2024-03-14
202332723200 Annual Report 2023-04-11
202222066680 Statement of Change of Registered/Resident Agent Office 2022-08-10
202212549500 Annual Report 2022-03-10
202189745310 Annual Report 2021-02-03
202033607890 Annual Report 2020-02-03
201989402010 Statement of Change of Registered/Resident Agent Office 2019-03-28
201988550190 Annual Report 2019-03-13
201882996120 Statement of Change of Registered/Resident Agent Office 2018-12-20
201860281080 Annual Report 2018-03-14

OSHA's Inspections within Industry

Inspection Nr Report ID Date Opened Site Address
346725328 0112300 2023-05-24 100 GOLDSTEIN DRIVE, WOONSOCKET, RI, 02895
Inspection Type Planned
Scope Complete
Safety/Health Safety
Close Conference 2023-05-24
Emphasis L: FORKLIFT, N: AMPUTATE, P: AMPUTATE
Case Closed 2023-10-17

Violation Items

Citation ID 01001A
Citaton Type Serious
Standard Cited 19100134 C01
Issuance Date 2023-09-07
Abatement Due Date 2023-10-24
Current Penalty 3187.8
Initial Penalty 5313.0
Final Order 2023-09-28
Nr Instances 1
Nr Exposed 1
Gravity 5
FTA Current Penalty 0.0
Citation text line 29 CFR 1910.134(c)(1): A written respiratory protection program that included the provisions in 29 CFR 1910.134(c)(1)(i) - (ix) with worksite specific procedures was not established and implemented for required respirator use. (a) Spray Room: On or about 5/23/2023, the employer had not established a written respiratory protection program for the required use of half mask respirators. ABATEMENT NOTE: In accordance with 29 CFR 1910.134(c)(1)(i) thru 1910.134(c)(1)(ix) the respirator program must include the following: a. Procedures for selecting respirators for use in the workplace, including an evaluation of respiratory hazards in the workplace and a reasonable estimate of employee exposure. b. Medical evaluations of employees required to use respirators to determine the employee's ability to use a respirator; c. Fit testing procedures for tight-fitting respirators. d. Procedures for proper use of respirators in routine and reasonable foreseeable emergency situations; e. Procedures and schedules for cleaning, disinfecting, storing, inspecting, repairing, discarding and otherwise maintaining respirators; f. Training of employees in the respiratory hazards to which they are potentially exposed during routine and emergency situations; g. Training of employees in the proper use of respirators, including putting on and removing them, any limitations on their use, and their maintenance; and h. Procedures for regularly evaluating the effectiveness of the program.
Citation ID 01001B
Citaton Type Serious
Standard Cited 19100134 F02
Issuance Date 2023-09-07
Current Penalty 0.0
Initial Penalty 0.0
Final Order 2023-09-28
Nr Instances 1
Nr Exposed 1
Gravity 10
FTA Current Penalty 0.0
Citation text line 29 CFR 1910.134(f)(2): Employee(s) using tight-fitting facepiece respirators were not fit tested prior to initial use of the respirator. (a) Worksite: On or about 5/24/2023, an employee utilizing a tight-fitting facepiece respirator, while performing painting operations, was not fit tested prior to initial use of the respirator.
Citation ID 02001
Citaton Type Other
Standard Cited 19100147 C06 I
Issuance Date 2023-09-07
Abatement Due Date 2023-10-24
Current Penalty 447.6
Initial Penalty 746.0
Final Order 2023-09-28
Nr Instances 1
Nr Exposed 70
FTA Current Penalty 0.0
Citation text line 29 CFR 1910.147(c)(6)(i): The employer did not conduct a periodic inspection of the energy control procedure at least annually to ensure that the procedure and the requirement of this standard were being followed. (a) Worksite: On or about 5/24/2023, the employer did not conduct periodic inspections of energy control procedures at least annually.

Paycheck Protection Program

Loan Number Loan Funded Date SBA Origination Office Code Loan Delivery Method Borrower Street Address
5010738309 2021-01-23 0165 PPS 100 Goldstein Dr, Woonsocket, RI, 02895-6169
Loan Status Date 2022-03-29
Loan Status Paid in Full
Loan Maturity in Months 60
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 1344805.67
Loan Approval Amount (current) 1344805.67
Undisbursed Amount 0
Franchise Name -
Lender Location ID 120245
Servicing Lender Name Bank Rhode Island
Servicing Lender Address One Turks Head Place, PROVIDENCE, RI, 02903-2219
Rural or Urban Indicator U
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address Woonsocket, PROVIDENCE, RI, 02895-6169
Project Congressional District RI-01
Number of Employees 65
NAICS code 333999
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 120245
Originating Lender Name Bank Rhode Island
Originating Lender Address PROVIDENCE, RI
Gender Male Owned
Veteran Veteran
Forgiveness Amount 1351753.83
Forgiveness Paid Date 2021-08-11
5298067006 2020-04-05 0165 PPP 100 GOLDSTEIN DR, WOONSOCKET, RI, 02895-6169
Loan Status Date 2021-04-08
Loan Status Paid in Full
Loan Maturity in Months 24
SBA Guaranty Percentage 100
Loan Approval Amount (at origination) 1442900
Loan Approval Amount (current) 1442900
Undisbursed Amount 0
Franchise Name -
Lender Location ID 120245
Servicing Lender Name Bank Rhode Island
Servicing Lender Address One Turks Head Place, PROVIDENCE, RI, 02903-2219
Rural or Urban Indicator U
Hubzone Y
LMI Y
Business Age Description Existing or more than 2 years old
Project Address WOONSOCKET, PROVIDENCE, RI, 02895-6169
Project Congressional District RI-01
Number of Employees 73
NAICS code 326199
Borrower Race Unanswered
Borrower Ethnicity Not Hispanic or Latino
Business Type Corporation
Originating Lender ID 120245
Originating Lender Name Bank Rhode Island
Originating Lender Address PROVIDENCE, RI
Gender Male Owned
Veteran Veteran
Forgiveness Amount 1455966.26
Forgiveness Paid Date 2021-03-12

Date of last update: 08 Apr 2025

Sources: Rhode Island Department of State