Item 2. Properties
Item 2. Properties
Our corporate headquarters are located in Lincolnshire, Illinois; a northern suburb of Chicago. We also operate manufacturing, repair, distribution and warehousing, administrative, research, and sales facilities in other U.S. and international locations.
As of December 31, 2022, the Company owned three laboratory and warehouse facilities located in the U.S., U.K., and Canada.
As of December 31, 2022, the Company had a total of 117 leased facilities with locations spread globally; 41 of which are located in the U.S. and 76 of which are located in other countries. See Note 13, Leases in the Notes to Consolidated Financial Statements for further details related to the Company’s lease arrangements.
We generally consider the productive capacity of our facilities to be adequate and sufficient for our requirements. The extent of utilization of each manufacturing facility varies throughout the year.
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