−Removed: CSI conducts administrative, manufacturing and engineering functions
−Removed: at the following facilities:
−Removed: - The Company owns a 105,000 square foot building in Minnetonka, Minnesota
−Removed: where its executive and administrative offices are located.
−Removed: Transition Networks uses this facility for its warehouse, assembly,
−Removed: engineering and administrative operations.
+Added: CSI conducts administrative and S&S functions at the following facilities:
+Added: The Company owns a 105,000 square foot building in Minnetonka, Minnesota where its executive and administrative offices are located.
JDL Technologies and Ecessa use this facility for some administrative operations.
−Removed: Company is currently marketing this building for sale.
−Removed: - The Company owns three buildings in Hector, Minnesota totaling 109,000 square feet of manufacturing space situated on approximately
−Removed: Two of these buildings totaling 26,000 square feet of manufacturing space, are being leased to on a short-term basis as
−Removed: part of the March 2020 Suttle transaction.
−Removed: The Company is currently marketing these buildings for sale.
+Added: The Company has entered into an agreement to sell this building as part of its previously announced divestiture strategy (see Note 4 of the Notes to Consolidated Financial Statements under Item 8).
JDL leases 3,700 square feet of office space in Fort Lauderdale, Florida.
−Removed: - Net2Edge leases 5,500 square feet of office space in Basingstoke, Hampshire, U.K.
−Removed: CSI believes these facilities will be adequate to accommodate
−Removed: its administrative, manufacturing and distribution needs for the foreseeable future and in the event the Minnetonka headquarters
−Removed: are sold, that it will be able to find alternative facilities adequate for its needs.
+Added: CSI believes these facilities will be adequate to accommodate its administrative, manufacturing and distribution needs for the foreseeable future and in the event the Minnetonka headquarters are sold, that it will be able to find alternative facilities adequate for its needs.
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.