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This excerpt taken from the VLG 10-K filed Sep 28, 2006. Major
Customers and Concentrations of Credit Risk:
Valley markets its products to a diverse customer base in
unrelated industries and, as such, does not have any significant
concentrations of credit risk. No one customer accounted for
greater than 10.0% of revenues in 2004, 2005 and 2006.
Valley purchases industrial, medical and specialty gases,
welding supplies, and propane gas from a variety of vendors. Two
of those vendors in fiscal year 2006 individually supplied
purchases greater than 10.0% of total purchases, accounting for
17.9% and 12.3%, respectively. Two vendors in fiscal year 2005
individually supplied purchases greater than 10.0% of total
purchases, accounting for 17.6% and 13.4%, respectively. Two
vendors in fiscal year 2004 individually supplied purchases
greater than 10.0%, accounting for 18.7% and 13.2%,
respectively. All vendors that exceeded 10.0% supplied hard
goods and gases to the company.
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