KADANT INC 10-K

Item 2. Properties We believe that our facilities are in good condition and are suitable and adequate for our present operations. We do not anticipate significant difficulty in obtaining lease renewals or alternative space as needed. The location and general character of our principal properties are as follows: Flow Control Segment We own approximately 1,013,000 square feet and lease approximately 381,000 square feet, under leases expiring on various dates ranging from 2025 to 2041, of manufacturing, engineering, and office space. In addition, in China, we lease the land associated with our buildings under long-term leases, which expire on dates ranging from 2050 to 2062. 22 Table of Contents Kadant Inc. Our principal engineering and manufacturing facilities are located in: Valinhos, Brazil Auburn, Massachusetts, United States Bury, England Three Rivers, Michigan, United States Andover, Minnesota, United States Jönköping, Sweden Anderson, South Carolina, United States Weesp, The Netherlands Moers, Germany Hückeswagen, Germany Guadalajara, Mexico Kamienna Gora, Poland Wuxi, China Industrial Processing Segment We own approximately 1,363,000 square feet and lease approximately 144,000 square feet, under leases expiring on various dates ranging from 2025 to 2031 of manufacturing, engineering, and office space. In addition, in China, we lease the land associated with our building under a long-term lease, which expires in 2071. In addition, in Sidney, British Columbia, Canada, we lease the land associated with our building under a long-term lease, which expires in 2032. Our principal engineering and manufacturing facilities are located in: Jining, China Sidney, British Columbia, Canada Surrey, British Columbia, Canada Vitry-le-François, France Lohja, Finland Tualatin, Oregon, United States Lebanon, Ohio, United States Material Handling Segment We own approximately 342,000 square feet and lease approximately 525,000 square feet, under leases expiring on various dates ranging from 2025 to 2034. Our principal manufacturing and office space is located in: Saltillo, Mississippi, United States Burleson, Texas, United States Green Bay, Wisconsin, United States Georgsmarienhütte, Germany Crown Point, Indiana, United States Alfreton, England Corporate We lease approximately 18,000 square feet in Westford, Massachusetts, United States, for our corporate headquarters under a lease that expires in 2026. Item 3. Legal Proceedings Not applicable. Item 4. Mine Safety Disclosures Not applicable. PART II