−Removed: As of December 31, 2022, we owned or leased 31 facilities in a total of six countries, which includes a 49% equity interest in a manufacturing joint venture in China.
+Added: As of December 31, 2023, we owned or leased 27 facilities in a total of six countries, which includes a manufacturing facility owned by the JV in China.
Utilization of these sites may vary with product mix and economic, seasonal, and other business conditions.
1 unchanged sentence
These plants are generally well maintained, in good operating condition, and suitable and adequate for their use.
−Removed: Due to a strategic shift to focus on growth opportunities and ongoing efforts to optimize the Company’s manufacturing footprint, we plan to cease manufacturing operations at several facilities during 2023.
The following table lists the current locations of our facilities by segment.
1 unchanged sentence
Location General Character Country Owned or Leased
−Removed: Boituva, Brazil (1) Plant Brazil Leased
Campinas, Brazil Office Brazil Leased
8 unchanged sentences
Marshall, Michigan Plant 1 U.S.A.
−Removed: Marshall, Michigan (1) Plant 2 U.S.A.
Sao Joao da Boa Vista, Brazil Plant 1 Brazil Leased
Sao Joao da Boa Vista, Brazil Plant 2 Brazil Leased
−Removed: Wellington, Ohio Plant 1 U.S.A.
+Added: Sao Joao da Boa Vista, Brazil Plant 3 Brazil Leased
Wellington, Ohio Plant 1 U.S.A.
8 unchanged sentences
Foshan City, China Plant China Leased
−Removed: Irvine, California (1) Plant U.S.A.
Lubbock, Texas Plant U.S.A.
2 unchanged sentences
Palmer, Massachusetts Plant U.S.A.
−Removed: Taunton, Massachusetts (1) Plant U.S.A.
Joint Venture
1 unchanged sentence
Wuxi, China Plant China Leased
−Removed: _______________________________
−Removed: (1) Facilities that we plan to close during 2023.
−Removed: In addition to these manufacturing plants, we lease office space in Charlotte, North Carolina, which serves as our corporate headquarters.
+Added: Location General Character Country Owned or Leased
+Added: Charlotte, North Carolina Office U.S.A Leased
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.