Item 2. Properties
Item 2. Properties.
As of December 31, 2020, we had four leases located in the following locations:
City
State
Corporate Headquarters
Williamsville
NY
Research and Development Laboratory
Buffalo
NY
Manufacturing Facility and Warehouse
Mocksville
NC
Tobacco Storage Warehouse
Wilson
NC
In January 2021, we announced that our corporate headquarters will be relocated to downtown Buffalo, NY. The new leased office space is in a state-of-the-art facility where we will join other multinational technology and professional services companies. The facility will accommodate all current Williamsville, NY employees and will provide significant room for expansion and we are expecting to move in during March 2021. Refer to Note 4 and Note 17 to our consolidated financial statements for additional information.
We believe that all facilities are adequate for our current needs.
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