−Removed: Item 2 Properties
The Company operates the major plants and facilities listed below, all of which are in adequate condition for their current usage.
4 unchanged sentences
see Note 11 to the consolidated financial statements included in Item 8 of this Form 10-K.
−Removed: On February 28, 2017, BRISMET purchased certain stainless steel pipe and tube assets of MUSA in Munhall, PA ("MUSA-Stainless").
−Removed: As part of this acquisition, BRISMET entered into a 15-month lease with the sellers for the current manufacturing facility.
−Removed: The lease was amended to extend the term of the lease to May 31, 2023.
−Removed: On July 1, 2018, BRISMET completed the MUSA-Galvanized acquisition.
−Removed: In connection with this acquisition, the Company entered into an Amended and Restated Master Lease Agreement (the “Master Lease”) on June 29, 2018, pursuant to which the Company will lease the Munhall, PA facility, purchased by Store Funding from MUSA for the remainder of the initial term of 20 years set forth in the Master Lease.
On January 1, 2019, ASTI completed the American Stainless acquisition.
1 unchanged sentence
A parcel of land in Mineral Ridge, OH used for inventory storage, the corporate headquarters located in Richmond, VA, and the former shared service center located in Spartanburg, SC continue to be leased by the Company from other parties.
−Removed: Principal Operations
−Removed: Building Square Feet
−Removed: Manufacturing stainless steel pipe
−Removed: Manufacturing stainless steel pipe
−Removed: Cleveland, TN
−Removed: Chemical manufacturing and warehousing facilities
−Removed: Fountain Inn, SC
−Removed: Chemical manufacturing and warehousing facilities
−Removed: Manufacturing liquid storage solutions and separation equipment
−Removed: Manufacturing ornamental stainless steel tubing
−Removed: Statesville, NC
−Removed: Manufacturing ornamental stainless steel tubing
−Removed: Cutting facility and storage yard for heavy walled pipe
−Removed: Mineral Ridge, OH
−Removed: Cutting facility and storage yard for heavy walled pipe
−Removed: Mineral Ridge, OH
−Removed: Storage yard for heavy walled pipe
−Removed: Corporate headquarters
−Removed: Spartanburg, SC
−Removed: Former office space for corporate employees and shared service center (1)
+Added: Location Principal Operations Building Square Feet Land Acres
+Added: Munhall, PA Manufacturing stainless steel pipe
+Added: Bristol, TN Manufacturing stainless steel pipe
+Added: Cleveland, TN Chemical manufacturing and warehousing facilities 143,000 18.8
+Added: Fountain Inn, SC Chemical manufacturing and warehousing facilities 136,834 16.9
+Added: Andrews, TX Manufacturing liquid storage solutions and separation equipment 122,662 19.6
+Added: Troutman, NC Manufacturing ornamental stainless steel tube 106,657 26.5
+Added: Statesville, NC Manufacturing ornamental stainless steel tube 83,000 26.8
+Added: Houston, TX Cutting facility and storage yard for heavy walled pipe 29,821 10.0
+Added: Mineral Ridge, OH Cutting facility and storage yard for heavy walled pipe 12,000 12.0
+Added: Mineral Ridge, OH Storage yard for heavy walled pipe — 4.6
+Added: Richmond, VA Corporate headquarters
+Added: Spartanburg, SC Former office space for corporate employees and shared service center (1)
(1) Property leased by Company;
office was closed in 2018 and all furniture and equipment have been removed.
−Removed: Property owned by Company;
−Removed: plant was closed in 2001 and all structures and manufacturing equipment have been removed.
−Removed: Item 3 Legal Proceedings
+Added: Legal Proceedings
For a discussion of legal proceedings, see Note 12 to the Consolidated Financial Statements included in Item 8 of this Form 10-K.
−Removed: Item 4 Mine Safety Disclosures
+Added: Mine Safety Disclosures
Not applicable.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.