1 unchanged sentence
We own or lease five principal production facilities and lease a warehouse near our Elgin facility.
−Removed: Our primary processing and distribution facility is located at our Elgin, Illinois site which also houses our primary manufacturing operations and corporate headquarters (the “Elgin Site”).
+Added: Our primary processing facility is located at our Elgin, Illinois site which also houses our primary manufacturing operations and corporate headquarters (the “Elgin Site”).
The remaining principal production facilities are located in Bainbridge, Georgia;
21 unchanged sentences
Elgin, Illinois
−Removed: (Elgin Warehouse Building)
−Removed: Processing, packaging, warehousing,
−Removed: distribution and corporate offices
+Added: (Elgin Manufacturing Building)
+Added: Processing, packaging and corporate offices
Lakeville, Minnesota
−Removed: Bars, processing, packaging
−Removed: and distribution
+Added: Bars, processing and packaging
Huntley, Illinois
8 unchanged sentences
Further capital expenditures will likely be necessary to fully lease the remaining space.
−Removed: (3) On September 29, 2023, the Company purchased the facility in Lakeville, Minnesota from TreeHouse Foods, Inc.
−Removed: (4) On April 23, 2024, the Company executed a 7.5 year lease for this warehouse, which commenced in the fourth quarter of fiscal 2024.
−Removed: The warehouse is located near the Elgin Site.
Manufacturing Capability, Utilization, Technology and Engineering
Our principal production facilities are equipped with modern processing and packaging machinery and equipment.
−Removed: The Elgin Site was designed to our specifications with what we believe to be state-of-the-art equipment.
−Removed: The layout is designed to efficiently move products from raw storage to processing to packaging to distribution.
+Added: The Elgin Site was designed to our specifications and to efficiently move products from raw storage to processing to packaging to distribution.
The Elgin Site was designed to minimize the risk of cross contamination between tree nuts and peanuts.
−Removed: As currently configured, we believe the Elgin Site can accommodate an increase in production capacity of 15% to 20% of our current capacity, however certain production lines are at full capacity, and finished good storage space is nearing full capacity during peak shipping periods.
−Removed: The Huntley warehouse facility will allow us to accommodate increases in future demand and alleviate storage space constraints at the Elgin Site.
+Added: As currently configured, we believe the Elgin Site can accommodate an increase in production capacity of 15% to 20% of our current capacity, however certain production lines are at full capacity during peak periods.
+Added: The Huntley facility will allow us to accommodate increases in future demand and alleviate storage space constraints at the Elgin Site.
+Added: The Huntley facility can, on average, accommodate an increase of 20% of its current storage capacity, however at certain points in time of the year, we are at full capacity.
The Selma facility is used for our automated pecan shelling, packaging, bulk packaging, warehousing and distribution operations.
6 unchanged sentences
During fiscal 2025, the Bainbridge facility shelled approximately 85 million inshell pounds of peanuts.
−Removed: The Lakeville facility is used for manufacturing and packaging snack bars.
+Added: The Lakeville facility is used for manufacturing and packaging bars.
This facility produces chewy, fruit and grain, sweet and salty, dipped, crunchy and fiber bars along with loose granola.
5 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.