Item 2. Properties
ITEM 2. PROPERTIES
Our corporate headquarters is located in Cicero, Illinois, a suburb located west of Chicago, Illinois. In addition, the Subsidiaries own or lease operating facilities, which are presented by operating segment as follows (information below is as of December 31, 2025).
Owned /
Approximate
Operating Segment and Facility Type
Location
Leased
Square Footage
Heavy Fabrications (1)
Tower Manufacturing
Abilene, TX
Owned
175,000
Gearing and Corporate
Gearing System Manufacturing—Machining and Corporate Administration (2)
Cicero, IL
Leased
301,000
Gearing System Manufacturing—Heat Treatment and Gearbox Repair
Neville Island, PA
Owned
52,000
Industrial Solutions
Industrial Solutions Manufacturing
Sanford, NC
Leased
105,000
(1)
The Heavy Fabrications segment listing does not include the tower storage yards of 25 acres in Abilene, TX.
(2)
The Gearing leased facilities will reduce to approximately 197,000 square feet effective December 1, 2026 pursuant to the terms of the facility lease.
We consider our active facilities to be in good condition and adequate for our present and future needs.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.