Item 2:   Properties

 

Properties

 

Our principal executive offices are located at 5420 Lyndon B. Johnson Freeway, Suite 500, Dallas, Texas 75240. Our headquarters is a leased facility. The current lease term expires August 31, 2026, but may be renewed.

 

We consider the many manufacturing and R&D facilities, distribution centers, warehouses, offices and other properties that we own or lease to be in good condition and generally suitable for the purposes for which they are used. The following table presents our principal physical locations by segment and excludes facilities classified as discontinued operations.

 

Location   Use   Segment   Square
Footage
  Owned/Leased
Boise, Idaho   Manufacturing, Office and R&D   Industrial Products   42,000   Leased
Dong Nai, Vietnam   Manufacturing and Office   Industrial Products   634,000   Owned
Fall River, Massachusetts   Manufacturing and Office   Both   140,200   Leased
Greenwood, Indiana   Distribution Center & Office   Industrial Products   54,000   Leased
Houston, Texas   Manufacturing, Office, R&D and Warehouse   Both   253,900   Owned
Houston, Texas   Distribution Center & Office   Industrial Products   150,000   Leased
Hudson, Florida   Manufacturing, Office and R&D   Industrial Products   40,000   Leased
Jacksonville, Florida   Distribution Center & Office   Industrial Products   217,000   Leased
North East, Maryland   Distribution Center & Office   Industrial Products   150,000   Leased
Rockwall, Texas   Manufacturing, Office, R&D and Warehouse   Both   227,600   Owned
Santa Fe Springs, California   Distribution Center & Office   Industrial Products   240,000   Leased
Wichita, Kansas   Manufacturing and Office   Industrial Products   42,800   Owned
Windsor, Ontario, Canada   Manufacturing, Office and R&D   Industrial Products   42,000   Leased

 

We believe that our facilities are adequate for our current operations. We may endeavor to selectively reduce or expand our existing lease commitments as circumstances warrant. See Note 8 to our consolidated financial statements included in Item 8 of this Annual Report for additional information regarding our lease obligations.

 

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