MILLERKNOLL INC
For the period ended Jun 1, 2024. Filed Jul 30, 2024.
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FY2024 · Filed Jul 30, 2024
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Item 2. Properties
The Company owns or leases facilities located throughout the United States and several foreign countries. The location, square footage and use of the most significant facilities at June 1, 2024 were as follows:
| Owned Locations | Square Footage (in Thousands) | Use |
|---|---|---|
| Zeeland, Michigan | 771 | Manufacturing, Warehouse, Office |
| East Greenville, Pennsylvania | 735 | Manufacturing, Warehouse, Office |
| Spring Lake, Michigan | 615 | Manufacturing, Warehouse, Office |
| North York, Canada | 386 | Manufacturing, Warehouse, Office |
| Muskegon, Michigan | 367 | Manufacturing, Office |
| Holland, Michigan | 357 | Warehouse |
| Holland, Michigan | 293 | Manufacturing, Office |
| Foligno, Italy | 260 | Manufacturing, Warehouse, Office |
| Holland, Michigan | 242 | Office, Design |
| Sheboygan, Wisconsin | 208 | Manufacturing, Warehouse, Office |
| Melksham, United Kingdom | 170 | Manufacturing, Warehouse, Office |
| Graffignana, Italy | 108 | Manufacturing, Warehouse, Office |
| Leased Locations | Square Footage (in Thousands) | Use |
| Alburtis, Pennsylvania | 718 | Warehouse |
| Batavia, Ohio | 618 | Warehouse |
| Dongguan, China | 423 | Manufacturing, Office |
| Ringsted, Denmark | 274 | Warehouse |
| Berlin, Germany | 220 | Warehouse |
| West Chester, Ohio | 220 | Warehouse |
| Bangalore, India | 217 | Manufacturing, Warehouse, Office |
| La Grange Highlands, Illinois | 210 | Warehouse |
| Atlanta, Georgia | 205 | Manufacturing, Warehouse, Office |
The properties above are primarily used in the Company's segments as indicated below:
| Segment Primarily Supported | Owned | Leased | Total |
|---|---|---|---|
| Americas Contract | 8 | 3 | 11 |
| International Contract & Specialty | 3 | 4 | 7 |
| Global Retail | — | 2 | 2 |
| Corporate | 1 | — | 1 |
As of June 1, 2024, the Company operated 75 retail stores (including 37 operating under the DWR brand, 1 under the HAY brand, 29 Herman Miller stores, 3 Muuto stores, 4 Knoll stores and a multi-brand Chicago store) that totaled approximately 560,264 square feet of selling space. The Company also operated 4 retail outlet stores. The Company maintains administrative and sales offices and showrooms in various other locations throughout North America, Europe, Asia Pacific and Latin America.
The Company considers its existing facilities to be in good condition and adequate for its design, production, distribution, and selling requirements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.