GRIFFON CORP
For the period ended Sep 30, 2024. Filed Nov 13, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Nov 13, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 2. Properties
Griffon occupies approximately 10,740,000 square feet of general office, factory and warehouse space primarily throughout the U.S., Canada, Mexico, Australia, U.K., Ireland, New Zealand and China. For a description of the encumbrances on certain of these properties, refer to Note 22 - Leases and Note 12 - Long-Term Debt footnotes in the Notes to Consolidated Financial Statements. The following table sets forth certain information related to Griffon’s major facilities:
| Location | Business Segment | Primary Use | Approx.SquareFootage | Owned/Leased | LeaseEnd Year |
|---|---|---|---|---|---|
| New York, NY | Corporate | Headquarters | 13,000 | Leased | 2035 |
| Troy, OH | Home and Building Products | Manufacturing | 1,332,000 | Owned | |
| Russia, OH | Home and Building Products | Manufacturing | 250,000 | Owned | |
| Mountain Top, PA | Home and Building Products | Manufacturing | 279,000 | Owned | |
| Mason, OH | Home and Building Products | Office | 131,000 | Owned | |
| Goodyear, AZ | Home and Building Products | Manufacturing | 163,000 | Owned | |
| Greenville, OH | Home and Building Products | Distribution | 148,000 | Leased | 2025 |
| Ocala, FL | Consumer and Professional Products | Office, Manufacturing | 619,500 | Owned | |
| Ocala, FL | Consumer and Professional Products | Distribution | 56,500 | Leased | 2026 |
| Cork, Ireland | Consumer and Professional Products | Distribution | 74,000 | Owned | |
| St. Francois, Quebec | Consumer and Professional Products | Manufacturing, Distribution | 353,000 | Owned | |
| Pollington Site, UK | Consumer and Professional Products | Manufacturing, Distribution | 115,000 | Owned | |
| Carlisle, PA | Consumer and Professional Products | Manufacturing, Distribution | 1,409,000 | Leased | 2030 - 2035 |
| United Kingdom (various) | Consumer and Professional Products | 3 Distribution | 138,000 | Leased | 2024 |
| Reno, NV | Consumer and Professional Products | Manufacturing, Distribution | 997,000 | Leased | 2034 |
| Australia (various) | Consumer and Professional Products | 8 Distribution, 2 Manufacturing | 918,000 | Leased | 2025 - 2031 |
| Canada (Various) | Consumer and Professional Products | 1 Manufacturing, 3 Distribution | 96,000 | Leased | 2025 - 2028 |
| Mt Wellington, New Zealand | Consumer and Professional Products | Distribution | 54,000 | Leased | 2025 |
| Guangdong, China | Consumer and Professional Products | Manufacturing | 211,000 | Leased | 2025 |
| Byhalia, MS | Consumer and Professional Products | Distribution | 600,000 | Leased | 2025 |
| Smyrna, TN | Consumer and Professional Products | Office | 100,000 | Leased | 2025 |
In addition to the facilities listed above, HBP leases approximately 1,138,000 square feet of space for distribution centers in numerous facilities throughout the U.S. and in Canada; HBP and CPP lease approximately 185,000 square feet of office space throughout the U.S. and various international locations; and CPP owns approximately 118,000 square feet of additional space for operational wood mills in the U.S. As a part of CPP's global sourcing strategy expansion, several facilities have concluded operations during fiscal 2024 and, as a result, these facilities, which are approximately 1,242,000 square feet in the aggregate, are classified as held for sale.
All facilities are generally well maintained and suitable for the operations conducted.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.