+Added: Patrick believes the facilities occupied as of December 31, 2023 are adequate for the purposes for which they are currently being used and are well-maintained.
+Added: The Company may, as part of its strategic operating plan, further consolidate and/or close certain owned facilities and may not renew leases on property with near-term lease expirations.
+Added: Use of our manufacturing and distribution facilities may vary with seasonal, economic, and other business conditions.
+Added: Our primary corporate office is located in Elkhart, Indiana.
In 2023 , the Company operated in 23 states in the U.S., Mexico, China and Canada.
−Removed: At December 31, 2022 , the Company leased approximately 10.2 million square feet of manufacturing, distribution and corporate facilities and owned approximately 2.9 million square feet, as listed below.
+Added: As of December 31, 2023 , the Company leased approximately 10.1 million square feet of manufacturing, distribution and corporate facilities and owned approximately 2.9 million square feet, as listed below.
Purpose / Nature # of Properties Square Footage # of Properties Square Footage
5 unchanged sentences
Pursuant to the terms of the Company’s 2021 Credit Agreement, most of our owned real property is subject to a security interest.
−Removed: The Company`s leased properties have lease expiration dates ranging from 2023 to 2032, with the exception of one property with a lease term expiring in 2039.
−Removed: Patrick believes the facilities occupied as of December 31, 2022 are adequate for the purposes for which they are currently being used and are well-maintained.
−Removed: The Company may, as part of its strategic operating plan, further consolidate and/or close certain owned facilities and may not renew leases on property with near-term lease expirations.
−Removed: Use of our manufacturing and distribution facilities may vary with seasonal, economic, and other business conditions.
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.