We own and lease a number of properties.
−Removed: Our headquarters and one of our manufacturing facilities are located in Laval, Quebec.
+Added: Our headquarters and one of our manufacturing facilities are located in Laval, Quebec with an administrative office shared with Bausch + Lomb in Bridgewater, New Jersey.
We own several manufacturing facilities throughout the U.S.
We also own or have an interest in manufacturing plants or other properties outside the U.S., including in Canada, Mexico, and certain countries in Europe, Asia and South America.
−Removed: We consider our facilities to be in satisfactory condition and suitable for their intended use.
+Added: Our facilities in aggregate are approximately 10 million square feet.
+Added: We consider our facilities to be in satisfactory condition, suitable for their intended use and sufficient to conduct our operations.
Our administrative, marketing, research/laboratory, distribution and warehousing facilities are located in various parts of the world.
1 unchanged sentence
Our scientists, engineers, quality assurance/quality control professionals and manufacturing technicians work side-by-side in designing and manufacturing products that fit the needs and requirements of our customers, regulators and business units.
−Removed: We believe that we have sufficient facilities to conduct our operations.
−Removed: Our facilities in aggregate are approximately 10 million square feet and include, among others, the following principal properties:
−Removed: Bausch Health Location Purpose Owned
−Removed: Leased Approximate
−Removed: Laval, Quebec, Canada Corporate headquarters, R&D, manufacturing and warehouse facility
−Removed: Owned 338,000
−Removed: Bridgewater, New Jersey (1)
−Removed: Administration shared with Bausch + Lomb Leased 310,000
−Removed: San Juan del Rio, Mexico Offices and manufacturing facility Owned 853,000
−Removed: Jelenia Gora, Poland Offices, R&D, manufacturing and warehouse facility Owned 521,000
−Removed: Rzeszow, Poland Offices, R&D, manufacturing and warehouse facility Owned 380,000
−Removed: Steinbach, Canada Offices, manufacturing and warehouse facility Owned 241,000
−Removed: Bausch + Lomb Location Purpose Owned
−Removed: Leased Approximate
−Removed: Vaughan, Ontario, Canada Corporate headquarters and distribution facility Leased 66,000
−Removed: Bridgewater, New Jersey Administration shared with Bausch Health Leased 310,000
−Removed: Rochester, New York Offices, R&D and manufacturing facility Owned 953,000
−Removed: Waterford, Ireland R&D and manufacturing facility Owned 500,000
−Removed: Woodruff, South Carolina Distribution facility Leased 432,000
−Removed: Jinan, China Offices and manufacturing facility Owned 418,000
−Removed: Berlin, Germany R&D, manufacturing, distribution and office facility Owned 339,000
−Removed: Greenville, South Carolina Manufacturing facility Owned 314,000
−Removed: Lynchburg, Virginia Offices and distribution facility Owned 224,000
−Removed: Aubenas, France Offices, manufacturing and warehouse facility Owned 193,000
−Removed: Tampa, Florida R&D and manufacturing facility Owned 171,000
−Removed: Louis, Missouri Offices, R&D and manufacturing facility Owned 140,000
−Removed: Macherio, Italy Offices, manufacturing and warehouse facility Owned 119,000
−Removed: Clearwater, Florida R&D and manufacturing facility Owned 102,000
−Removed: Beijing, China Manufacturing facility Owned 97,000
−Removed: ____________________________________
−Removed: (1) — A lease for a second building in Bridgewater, New Jersey was signed in 2015 and was not included in the square footage shown in the table above as the Company has never occupied the second building.
−Removed: In 2016, the Company concluded that it would not occupy the second building and recognized the appropriate charge for all future rents due, net of the anticipated sub-let income associated with the second building.
−Removed: In 2023, the Company decided to exercise an option to early terminate the lease period.
−Removed: As a result, the Company recognized an impairment to the right-of-use asset and a charge for the required termination payment.
Legal Proceedings
3 unchanged sentences
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.