−Removed: Our Malibu and Axis boats are manufactured at our 197,300 square-foot facility located in Loudon, Tennessee, which includes warehouse and office space and is leased pursuant to a lease agreement that has a term through March 31, 2028, with the option to extend for three additional terms of ten years each.
−Removed: We have acquired 112,000 square-feet of space to facilitate our trailer manufacturing and engine vertical integration initiatives.
−Removed: These facilities include warehouse and office space used in our trailer and engine production.
−Removed: All of our Loudon facilities are used in our Malibu U.S.
−Removed: On July 6, 2017, we completed the acquisition of Cobalt and its manufacturing facilities.
−Removed: Cobalt boats are manufactured in Neodesha, Kansas with four locations providing 451,000 square feet of manufacturing space.
+Added: Our Malibu and Axis boats are manufactured in Loudon, Tennessee.
+Added: We lease the property where we have our 197,300 square-foot facility that is used to manufacture Malibu and Axis boats.
+Added: This property also includes warehouse and office space.
+Added: The property is leased pursuant to a lease agreement that has a term through March 31, 2028, with the option to extend for three additional terms of ten years each.
+Added: We also own 112,000 square-feet of space neighboring our manufacturing facility in Loudon, Tennessee that we use for our trailer and engine production.
+Added: Our Tennessee facilities are used in our Malibu segment.
+Added: Our Cobalt boats are manufactured in Neodesha, Kansas.
+Added: We own the property in Neodesha, where we have four manufacturing facilities aggregating 493,000 square feet of manufacturing space, including a 42,000 square foot expansion completed in June 2020.
Our Neodesha facilities are used in our Cobalt segment.
−Removed: On October 15, 2018, we completed the acquisition of Pursuit and its manufacturing facilities.
−Removed: Pursuit boats are manufactured in Fort Pierce, Florida with five locations providing 211,085 square feet of manufacturing space.
+Added: Our Pursuit boats are manufactured in Fort Pierce, Florida.
+Added: We own the property in Fort Pierce, where we have six manufacturing facilities aggregating 392,100 square feet of manufacturing space, including 181,000 square feet of a new manufacturing facility completed in June 2020.
Our Fort Pierce facilities are used in our Pursuit segment.
2 unchanged sentences
The components assembled at this site are delivered to our facilities in Tennessee and our Australian subsidiary.
−Removed: Our Merced site is used in both our Malibu U.S.
−Removed: and Malibu Australia segments.
+Added: Our Merced site is used in our Malibu segment.
We manufacture and test boats at two facilities in Albury, Australia with combined square-footage of 68,200.
−Removed: Each facility is leased pursuant to a lease agreement and each with a term through October 22, 2024, with two 5-year options to extend lease term.
−Removed: Our Albury facilities are used in our Malibu Australia segment.
+Added: Each facility is leased pursuant to a lease agreement and each with a term through October 22, 2024, with two five-year options to extend lease term.
+Added: Our Albury facilities are used in our Malibu segment.
Legal Proceedings
3 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.