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 to provide for additional expansion. Additionally,
the Company purchased the 15,000 sq. ft. building that it previously leased from Bonita Risk, which is 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
37 employees at the Gering site.
Item 3
Legal Proceedings
None.
Item 4
Mine Safety Disclosures
Not
applicable.
3
Part
II
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.