Item 2. Properties
Item
2 - PROPERTIES
The
Company owns two facilities in Exton, Pennsylvania, which is located approximately one hour west of Philadelphia, Pennsylvania. These
facilities contain approximately 113,000 square feet of manufacturing and office space. The Company leases an additional facility located
near its Exton facilities, which provides another 11,000 square feet of space, used for warehousing. Most of the manufacturing of flexible
metal hose is performed at the Exton facilities. In the U.S., the Company also leases a facility in Houston, Texas, which contains manufacturing,
stocking and sales operations, and a corporate office located in Middletown, Connecticut. In the U.K., the Company leases a facility
in Banbury, England, which manufactures products and serves sales, warehousing, and operational functions as well.
Item
3 - LEGAL PROCEEDINGS
See
legal proceedings disclosure in Note 11, Commitments and Contingencies, to the Consolidated Financial Statements included in this report.
Item
4 – MINE SAFETY DISCLOSURES
Not
applicable.
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PART
II
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