Item 2. Properties
Item
2 Properties
The
Company owns the manufacturing and the office facilities that it operates in. Total square footage of the plant in Kimball, Nebraska
is approximately 50,000 sq. ft. A 7,500 sq. ft. warehouse for raw material storage was purchased in June 2017 when the Company acquired
its cable and wiring segment and another 9,600 sq. ft. building was purchased in April 2020 for additional expansion. Additionally, the
Company purchased the 15,000 sq. ft. building that it previously leased from Bonita Risk, which has been used mainly for offices, in
November 2019. Bonita Risk is a director of the Company.
The
Company also owns a building in Gering, NE that is 7,200 sq. ft. in size. This is used for manufacturing. Currently, there are approximately
34 employees at the Gering site.
Item
3 Legal Proceedings
None.
Item
4 Submission of Matters to a Vote of Security Holders
Not
applicable.
3
Part
II
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