Quanex Building Products CORP 10-K

Item 2. Properties. The following table lists our principal properties by location, general character and use as of October 31, 2024. Location Character and Use of Property Executive Offices Houston, Texas* Executive corporate office North American Fenestration Segment Akron, Ohio* Segment executive office and R&D facility Rice Lake, Wisconsin Fenestration products Cambridge, Ohio* Flexible spacer, solar adhesives and custom compound mixing Kent, Washington* Vinyl and composite extrusions European Fenestration Segment Denby, United Kingdom* Vinyl and composite extrusions Heinsberg, Germanyc Flexible spacer North American Cabinet Components Segment St. Cloud, Minnesota Hardwood doors and components for kitchen and bath Tyman Segment Owatonna, Minnesota Fenestration products Juarez, Mexico Fenestration products Statesville, NC Fenestration products Wolverhampton, United Kingdom* Fenestration products Budrio, Italy Fenestration products * These locations are leased as of October 31, 2024. In addition to the locations identified above, our North American Fenestration Segment maintains 13 additional facilities for the manufacture and distribution of fenestration, spacer and extrusion products within the continental U.S., our European Fenestration Segment maintains two additional locations for the production of spacers in the U.K., our North American Cabinet Components Segment maintains 10 additional locations to manufacture hardwood doors and other wood components for kitchen and bath cabinets, and our Tyman Segment maintains 12 additional locations to manufacture fenestration and commercial access products. We believe our operating properties are in good condition and well maintained, and are generally suitable and adequate to carry on our business. In fiscal 2024, on a consolidated basis, our facilities operated at approximately 51% of machine capac ity. This capacity utilization is subject to variability by product line, seasonality, location, labor shortages and supply chain interruptions.