Item 2. Properties
Item 2. Properties
We own real property including the following manufacturing operations that provide support across our businesses:
• A 582,000 square foot facility located near Windsor, Ontario, Canada that primarily services our Vista business.
• A 492,000 square foot facility located in Shelbyville, Tennessee, USA, that primarily services our National Pen business.
• A 362,000 square foot facility located in Venlo, the Netherlands that primarily services our Vista business.
• A 130,000 square foot facility located in Kisarazu, Japan that primarily services our Vista and National Pen businesses in the Japanese market. During the fourth quarter of fiscal year 2022, we made the decision to exit our operations in Japan. We expect to wind down operations and prepare the facility for sale in early fiscal year 2023. Refer to Item 8 of Part II, "Financial Statements and Supplementary Data - Note 18 - Restructuring Charges" for additional details.
• A 124,000 square foot facility located in Deer Park, Australia that primarily services our Vista business.
• A 97,000 square foot facility, located near Montpellier, France that primarily services The Print Group businesses.
As of June 30, 2022, a summary of our currently occupied leased spaces is as follows:
Business Segment (1) Square Feet Type Lease Expirations
Vista (2) 575,446 Technology development, marketing, customer service, manufacturing and administrative December 2022 - September 2026
PrintBrothers 307,253 Technology development, marketing, customer service, manufacturing and administrative July 2022 - September 2031
The Print Group 445,497 Technology development, marketing, customer service, manufacturing and administrative August 2022 - June 2034
National Pen (3) 693,828 Marketing, customer service, manufacturing and administrative December 2022 - March 2032
All Other Businesses 538,244 Technology development, marketing, customer service, manufacturing and administrative March 2023 - November 2028
Other 550 Corporate strategy and technology development December 2022
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(1) Many of our leased properties are utilized by multiple business segments, but each have been assigned to the segment that occupies the majority of our leased space.
(2) The decrease in Vista's leased space during the current fiscal year was largely driven by the purchase and sale of a previously leased facility as discussed in Item 8 of Part II, "Financial Statements and Supplementary Data - Note 16 - Leases".
(3) The increase in National Pen's leased space during the current fiscal year is primarily driven by a decision made to move our European production operations from Ireland to the Czech Republic which has caused us to currently occupy manufacturing space in both locations during this transition period. Refer to Item 8 of Part II, "Financial Statements and Supplementary Data - Note 18 - Restructuring" for additional details.
We believe that the total space available to us in the facilities we own or lease, and space that is obtainable by us on commercially reasonable terms, will meet our needs for the foreseeable future.
Item 3. Legal Proceedings
The information required by this item is incorporated by reference to the information set forth in Item 8 of Part II, “Financial Statements and Supplementary Data — Note 17 — Commitments and Contingencies,” in the accompanying notes to the consolidated financial statements included in this Report.
Item 4. Mine Safety Disclosures
None.
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PART II
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