Item 1B. Unresolved Staff Comments
Item 1B. Unresolved Staff Comments
None.
Item 1C. Cybersecurity
Cybersecurity protection and data privacy are important to maintaining our proprietary information and the trust of our customers, suppliers and employees, and we recognize the importance of working to secure our data and information systems from potential cybersecurity and data privacy incidents. We are a large global manufacturer with sites around the world, and we identify and assess our cybersecurity risk through that lens. Securing the execution and control of our manufacturing operations, to the extent implemented through digital technology, is a primary area of focus. We also face risks encountered by substantially all large global companies such as the risks of intellectual property and information being compromised, fraud and violation of privacy or security laws.
Our cybersecurity risk is managed as part of our broader enterprise risk management program. Specifically, a risk management workstream focused on our information technology function (including cybersecurity) is designed to assess, identify and manage cybersecurity-related risks and mitigation measures. Our cybersecurity risk program also includes a documented incident response plan to be used in the event of a cybersecurity incident. The incident response plan provides for certain responses based on various factors of a cybersecurity incident.
We periodically assess and test our policies, standards, processes and practices that are designed to address cybersecurity threats and incidents, including those from third -party service providers who have access to our systems, data or are critical to our continued business operations. These efforts include a wide range of activities, including audits, assessments, tabletop exercises, threat modeling, vulnerability testing and other exercises focused on evaluating the effectiveness of our cybersecurity measures and planning. We regularly engage third parties to perform assessments on our cybersecurity measures, including information security maturity assessments, audits and independent reviews of our information security control environment and operating effectiveness. The results of such assessments, audits and reviews are reported to senior management and, if warranted, to our audit committee, and we adjust our cybersecurity policies, standards, processes and practices as necessary based on the information provided by these assessments, audits and reviews.
While some of our third -party service providers have experienced cybersecurity incidents and have experienced threats to their data and systems, as of the date of this report, we are not aware of any cybersecurity threats or incidents that have materially affected our business strategy, results of operations, or financial condition. This does not guarantee that future incidents or threats will not have a material impact by interrupting operations, causing reputational harm, increasing operating costs, or exposing the Company to litigation. For additional commentary on cybersecurity risks, see Part 1, Item 1A. Risk Factors.
Governance and Management's Responsibilities
Our Board of Directors views the identification and effective management of cybersecurity threats as a critical component of overall risk management and oversight responsibilities and has delegated responsibility for oversight of this risk to the audit committee. The audit committee oversees the management of risks arising from cybersecurity threats and regularly reports to the Board of Directors regarding cybersecurity. Our audit committee oversees our enterprise risk management (“ERM”) process, and cybersecurity represents an important component of our overall approach to ERM. Our cybersecurity policies, standards, processes and practices are informed by the National Institute of Standards and Technology (NIST) Cybersecurity Framework and applicable industry standards. In general, we seek to address cybersecurity risks through a comprehensive, cross-functional program that is focused on identifying, assessing, preventing and mitigating cybersecurity threats and effectively responding to cybersecurity incidents when they occur.
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To manage our cybersecurity program, management has established a cybersecurity steering committee and cybersecurity incident response team, both led by our chief information officer. Our cybersecurity steering committee and cybersecurity incident response team include multidisciplinary groups of corporate and operational leaders, external cyber-specialist resources and technical experts in cybersecurity risk management, incident response and security operations. Many members of our cybersecurity team have extensive experience in the operations of networks, network security and infrastructure management. Our chief information officer has over 20 years of information technology experience, including leadership roles at large, global, publicly-traded companies, and is informed about and monitors prevention, detection, mitigation, and remediation efforts through regular communication and reporting from professionals on the cybersecurity steering committee and cybersecurity incident response team, and through the use of technological tools and software. Our chief information officer is also responsible for updating the audit committee on cybersecurity on a quarterly basis and, where appropriate, escalating certain cybersecurity incidents to the full Board of Directors.
Item 2. Propertie s
Principal executive offices and central research facilities are located in the St. Paul, Minnesota area. These facilities are company-owned. Manufacturing operations are carried out at 33 plants located throughout the United States and at 44 plants located in 24 other countries. In addition, numerous sales and service offices are located throughout the world. We believe that the properties owned or leased are suitable and adequate for our business. Operating capacity varies by product line, but additional production capacity is available for most product lines by increasing the number of shifts worked. The following is a list of our production facilities as of November 29, 2025 (each of the listed properties are owned by us, unless otherwise specified):
Hygiene, Health and Consumable Adhesives
Engineering Adhesives
Australia
Dandenong South
France
Surbourg
Australia
Sydney 1
Germany
Wunstorf
Brazil
Curitiba 1
Germany
Nienburg
Brazil
Guarulhos
Italy
Pianezze
Colombia
Rionegro
People's Republic of China
Beijing
Egypt
6th of October City - CPC Industrial Park
People's Republic of China
Chongqing
Finland
Valkeakoski 1
People's Republic of China
Nanjing
France
Blois
People's Republic of China
Suzhou
Germany
Lueneburg
People's Republic of China
Yantai
Greece
Lamia
Portugal
Mindelo
India
Pune
Taiwan
Kaohsiung City 1,2
Indonesia
Mojokerto
Turkey
Bursa 1,2
Ireland
Dublin 1
Turkey
İstanbul 1,2
Italy
Viareggio
United Kingdom
Preston 1
Kenya
Nairobi 1
United States
California - Irvine 1
Malaysia
Selangor
United States
California - Wilmington 1
New Zealand
Auckland 1
United States
California - Santa Fe Springs 1,2
People's Republic of China
Guangzhou
United States
Georgia - Ball Ground 1
Sweden
Landskrona
United States
Georgia - Norcross 1
United Kingdom
Dukinfield
United States
Illinois - Frankfort - Corsair
United Kingdom
Milton Keynes 1
United States
Illinois - Frankfort - West Drive
United States
California - Roseville
United States
Illinois - Northbrook 1,2
United States
Georgia - Covington
United States
Illinois - Rockford 2
United States
Georgia - Tucker
United States
Indiana - South Bend
United States
Illinois - Seneca
United States
Michigan - Clawson 1,2
United States
Kentucky - Paducah
United States
Michigan - Grand Rapids
United States
Minnesota - Vadnais Heights
United States
Michigan - Troy 1
United States
New York - Syracuse 1
United States
Ohio - Bellevue 1
United States
North Carolina - Hudson
United States
Ohio - Twinsburg 1,2
United States
Ohio - Blue Ash
United States
Texas - Arlington 2
United States
South Carolina - Simpsonville
United States
Texas - Mesquite
Idle Facilities
United States
Washington - Vancouver
Brazil
Sorocaba
Canada
Ontario - Toronto 1
Building Adhesive Solutions
Chile
Santiago
Belgium
Willebroek
Egypt
6th of October City - 3rd Industrial Zone
Germany
Langelsheim 1
Germany
Frankfurt 1 - Vilbeler
Germany
Pirmasens
Philippines
Manila
Mexico
Coahuila 1
United States
North Carolina - Charlotte
United Arab Emirates
Ras Al-Khaimah 1
United Kingdom
Kirkby in Ashfield
United Kingdom
Lymington
United Kingdom
Mansfield 1
United Kingdom
Staffordshire
United States
Michigan - Michigan Center
United States
Minnesota - Fridley
United States
Minnesota - Maple Grove
United States
Ohio - Chagrin Falls
United States
Texas - Houston
1 Leased Property
2 Application Center
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