Item 2. Properties
ITEM 2. PROPERTIES
As of December 31, 2022, the Company and its subsidiaries owned or leased significant facilities used for manufacturing, distribution and sales offices in 21 states and 22 countries. The Company leases its corporate headquarters in New Britain, Connecticut. The Company has 121 facilities including its corporate headquarters that are larger than 100,000 square feet, as follows:
Owned Leased Total
Tools & Outdoor 52 44 96
Industrial 15 7 22
Corporate 2 1 3
Total 69 52 121
The combined size of these facilities is approximately 34 million square feet. The buildings are in good condition, suitable for their intended use, adequate to support the Company’s operations, and generally fully utilized.
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