As of January 28, 2022, the principal properties of the Company included its corporate headquarters, subsidiary headquarters, 60 distribution centers and 10 manufacturing plants.
−Removed: The Company owns 51 distribution centers and 10 manufacturing plants, and
−Removed: leases its corporate headquarters, subsidiary headquarters, 17 distribution centers and two manufacturing plants.
+Added: The Company owns 46 distribution centers and 8 manufacturing plants, and leases its corporate headquarters, subsidiary headquarters, 14 distribution centers and two manufacturing plants.
Following is a summary of the Company’s manufacturing plants and certain other properties:
16 unchanged sentences
Manufacturing Plant Cincinnati, OH 368,000 Owned —
−Removed: Manufacturing Plant (4)
−Removed: Memphis, TN 271,000 Owned —
−Removed: Manufacturing Plant Portland, IN 119,000 Owned —
Manufacturing Plant Roanoke, VA 310,000 Owned —
5 unchanged sentences
(1) Includes two adjacent buildings totaling approximately 172,000 square feet.
−Removed: (2) Includes a 535,000-square foot manufacturing plant and an adjacent 115,000-square foot distribution center.
(2) The leases for these facilities are with a related party.
−Removed: (4) As of December 31, 2020, this location was classified as held for sale on the consolidated balance sheet as of such date.
+Added: (3) Includes a 535,000-square foot manufacturing plant and an adjacent 115,000-square foot distribution center.
The Company believes all of its facilities are in good condition and are adequate for the Company’s operations as presently conducted.
3 unchanged sentences
Location Utilization (1)
−Removed: Silver Spring, MD 97 % West Memphis, AR (2)
−Removed: Nashville, TN 88 % Baltimore, MD 71 %
−Removed: Portland, IN 88 % Memphis, TN (2)
−Removed: Charlotte, NC 87 % Sandston, VA 67 %
−Removed: Roanoke, VA 81 % Indianapolis, IN 66 %
+Added: Roanoke, VA 91 % Baltimore, MD 75 %
+Added: Charlotte, NC 86 % West Memphis, AR 74 %
+Added: Indianapolis, IN 86 % Sandston, VA 64 %
+Added: Nashville, TN 78 % Silver Spring, MD 61 %
Cincinnati, OH 78 % Twinsburg, OH 59 %
(1) Estimated production divided by capacity, based on expected operations of six days per week and 20 hours per day.
−Removed: (2) The Company is in the process of integrating its Memphis, Tennessee manufacturing plant with its West Memphis, Arkansas operations.
In addition to the facilities noted above, the Company utilizes a portion of the production capacity from the 261,000-square foot manufacturing plant owned by SAC, a manufacturing cooperative located in Bishopville, South Carolina.
4 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.