Item 2. Properties
ITEM 2. PROPERTIES
The following table sets forth certain information with respect to the Company's core properties:
Location Date of
Commencement
of Operations Owned /
Leased Square
Feet
Active manufacturing facilities for factory-built housing segment:
Millersburg, Oregon 1995 Owned 169,000
Woodburn, Oregon 1976 Owned 221,000
Riverside, California 1960 Owned 107,000
Nampa, Idaho 1957 Owned 171,000
Glendale, Arizona 2022 Owned 118,000
Goodyear, Arizona 1993 Leased 250,000
Phoenix, Arizona 1978 Owned 79,000
Deming, New Mexico 2001 Owned 170,000
Duncan, Oklahoma 2022 Owned 170,000
Austin, Texas 1981 Owned 181,000
Fort Worth, Texas 1993 Owned 121,000
Seguin, Texas 2006 Owned 129,000
Waco, Texas 1971 Owned 132,000
Ojinaga, Mexico (1) 2011 Owned 145,000
Ojinaga, Mexico (2) 2018 Owned 127,000
Montevideo, Minnesota 1982 Owned 305,000
Dorchester, Wisconsin 1975 Leased 160,000
Nappanee, Indiana 1971 Owned 341,000
Goshen, Indiana 1972 Owned 163,000
Lafayette, Tennessee 1996 Owned 149,000
Moultrie, Georgia 2003 Owned 230,000
Douglas, Georgia 1988 Owned 142,000
Shippenville, Pennsylvania (1) 1972 Owned 162,000
Shippenville, Pennsylvania (2) 1988 Owned 164,000
Emlenton, Pennsylvania 2004 Owned 126,000
Martinsville, Virginia 1969 Owned 132,000
Rocky Mount, Virginia 1995 Owned 137,000
Crouse, North Carolina 1973 Owned 254,000
Hamlet, North Carolina 2022 Owned 184,000
Ocala, Florida 1984 Owned 91,000
Plant City, Florida 1981 Owned 87,000
Component and supply facilities for factory-built housing segment:
Presidio, Texas 2011 Owned 69,000
Martinsville, Virginia 1972 Owned 192,000
Nappanee, Indiana 1971 Leased 77,000
29
Table of Contents
Inactive manufacturing facilities for factory-built housing segment:
Plant City, Florida Owned 94,000
Administrative and other locations:
Phoenix, Arizona (factory-built housing) Leased 23,000
Duncan, Oklahoma (factory-built housing) Owned 10,700
Plano, Texas (financial services) Leased 12,800
New Braunfels, Texas (financial services) Owned 9,000
Elkhart, Indiana (factory-built housing) Leased 23,000
We own the land on which manufacturing facilities are located, except for the Goodyear, Arizona plant, which is currently leased through June 2026, with no current options to extend; and the Dorchester, Wisconsin plant, currently under lease through August 2037, with options to extend. We also own substantially all of the machinery and equipment used at these factories. In addition to production facilities, we own an office building and land in New Braunfels, Texas, which houses Standard Casualty's operations, as well as eight properties upon which active, Company-owned retail stores are located. The remaining active sales centers and a claims office are leased under operating leases with lease terms generally ranging from monthly to five years. Company-owned retail stores generally range in sizes up to nine acres. We lease office space in Plano, Texas for CountryPlace operations and factory-built housing administrative support services. The lease expires in July 2036, with options to extend. The Phoenix, Arizona home office is leased through March 2031. The Elkhart, Indiana office is leased through February 2040, with options to extend. We believe that all of these facilities are adequately maintained and suitable for the purposes for which they are used.
ITEM 3. LEGAL PROCEEDINGS
See the information under the "Legal Matters" caption in Note 17 to the Consolidated Financial Statements, which is incorporated herein by reference.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
30
Table of Contents
PART II