Item 2. Properties
ITEM 2 — PROPERTIES
At December 31, 2023, the Company owned or operated from the following locations:
Location
Square
Footage
Owned or
Leased
Use
Evansville, Indiana, USA
771,000
Owned
Distribution; sales and marketing; engineering; administration
Rosarito, Mexico
161,139
Owned
Manufacturing and distribution
Gainesville, Florida, USA
154,200
Owned
Manufacturing and distribution
Orlando, Florida, USA
143,000
Leased
Sales and marketing; manufacturing and distribution
Bristol, WI, USA
118,350
Owned
Distribution; sales and marketing; engineering
Olney, Illinois, USA
108,500
Owned
Distribution; sales and marketing; engineering; manufacturing
Olney, Illinois, USA
30,000
Owned
Distribution
Eagan, MN, USA
41,600
Leased
Distribution; sales and marketing; engineering
Shanghai, China
6,674
Leased
Sales and sourcing
The Company believes that its facilities are in satisfactory and suitable condition for their respective operations. The Company also believes that it is in material compliance with all applicable environmental regulations and is not subject to any proceeding by any federal, state or local authorities regarding such matters. The Company provides regular maintenance and service on its plants and machinery as required. As of December 31, 2022, our Rosarito, Mexico location, including land, buildings and long-lived assets, were classified as assets held for sale. As of December 31, 2023, all manufacturing and distribution operations at our Rosarito, Mexico location have ceased and all inventories have been moved to our Olney, Illinois and Evansville, Indiana facilities and to third party logistic warehouses.
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.