Item 2. Properties
Item 2. Properties
Griffon occupies approximately 9,838,500 square feet of general office, factory and warehouse space primarily throughout the U.S., Canada, Mexico, Australia, U.K., Ireland, New Zealand and China. For a description of the encumbrances on certain of these properties, refer to Note 22 - Leases and Note 12 - Long-Term Debt. The following table sets forth certain information related to Griffon’s major facilities:
Location Business Segment Primary Use Approx.
Square
Footage Owned/
Leased Lease
End Year
New York, NY Corporate Headquarters 10,000 Leased 2035
Troy, OH Home and Building Products Manufacturing 1,372,000 Owned
Russia, OH Home and Building Products Manufacturing 253,000 Owned
Mountain Top, PA Home and Building Products Manufacturing 279,000 Owned
Mason, OH Home and Building Products Office 131,000 Owned
Goodyear, AZ Home and Building Products Manufacturing 163,000 Owned
Greenville, OH Home and Building Products Distribution 148,000 Leased 2027
Ocala, FL Consumer and Professional Products Office, Manufacturing 619,500 Owned
St. Francois, Quebec Consumer and Professional Products Manufacturing, Distribution 353,000 Owned
Cork, Ireland Consumer and Professional Products Distribution, Manufacturing 74,000 Owned
Pollington Site, UK Consumer and Professional Products Manufacturing, Distribution 115,000 Owned
Carlisle, PA Consumer and Professional Products Manufacturing, Distribution 1,409,000 Leased 2030 - 2035
Reno, NV Consumer and Professional Products Manufacturing, Distribution 997,000 Leased 2034
Byhalia, MS Consumer and Professional Products Distribution 537,000 Leased 2036
Smyrna, TN Consumer and Professional Products Office 100,000 Leased 2030
Australia (various) Consumer and Professional Products 8 Distribution, 2 Manufacturing 918,000 Leased 2025 - 2031
Canada (Various) Consumer and Professional Products 1 Manufacturing, 3 Distribution 93,000 Leased 2026 - 2028
In addition to the facilities listed above, HBP leases approximately 1,155,000 square feet of space for distribution centers in numerous facilities throughout the U.S. and in Canada; HBP and CPP lease approximately 186,000 square feet of office space throughout the U.S. and various international locations; and CPP owns approximately 22,000 square feet of additional space for an operational wood mill in the U.S. As a part of CPP's global sourcing strategy expansion, several facilities concluded operations during fiscal 2024 and, as a result, these facilities, which are approximately 904,000 square feet in the aggregate, are classified as held for sale.
All facilities are generally well maintained and suitable for the operations conducted.
25
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.