Item 2. Properties
ITEM
2—PROPERTIES
The Company’s manufacturing operations are
carried out at five facilities. The following table sets forth certain information regarding each of these facilities:
Approximate
Aggregate
Usable
Square Feet
Status
Segment
Newport, New Hampshire
350,000
Owned
Firearms/Castings
Prescott, Arizona
230,000
Leased
Firearms
Mayodan, North Carolina
220,000
Owned
Firearms
Hebron, Kentucky
65,000
Owned
Firearms
Earth City, Missouri
35,000
Leased
Castings
Each firearms facility contains enclosed ranges
for testing firearms. The lease of the Prescott facility provides for rental payments which are approximately equivalent to estimated
rates for real property taxes.
20
The Company has other facilities that were not
used in its manufacturing operations in 2025:
Approximate
Aggregate
Usable
Square Feet
Status
Segment
Southport, Connecticut
25,000
Owned
Corporate
Newport, New Hampshire
(Dorr Woolen Building)
45,000
Owned
Firearms
Enfield, Connecticut
10,000
Leased
Firearms
Mayodan, North Carolina
225,000
Owned
Firearms
There are no mortgages or any other major encumbrance
on any of the real estate owned by the Company.
The Company’s principal executive offices
are located in Southport, Connecticut.
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.