Item 2. Properties
ITEM 2. PROPERTIES
As of December 30, 2023, the Company and its subsidiaries owned or leased significant facilities used for manufacturing, distribution and sales offices i n 21 states and 22 count ries. The Company leases its corporate headquarters in New Britain, Connecticut. The Comp any has 121 facilities including its corporate headquarters that are larger than 100,000 square feet, as follows:
Owned Leased Total
Tools & Outdoor 49 46 95
Industrial 15 8 23
Corporate 2 1 3
Total 66 55 121
The combined size of these facilities is approxima tely 36 milli on square feet. The buildings are in good condition, suitable for their intended use, adequate to support the Company’s operations, and generally fully utilized. Of the 121 facilities above, there are two owned and three leased facilities included in Industrial, which relate to the recently announced pending divestiture of the Infrastructure business.
24
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.