STANLEY BLACK DECKER INC
For the period ended Dec 30, 2023. Filed Feb 27, 2024.
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FY2023 · Filed Feb 27, 2024
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Item 2. PROPERTIES
As of December 30, 2023, the Company and its subsidiaries owned or leased significant facilities used for manufacturing, distribution and sales offices in 21 states and 22 count ries. The Company leases its corporate headquarters in New Britain, Connecticut. The Company has 121 facilities including its corporate headquarters that are larger than 100,000 square feet, as follows:
| Owned | Leased | Total | |
|---|---|---|---|
| Tools & Outdoor | 49 | 46 | 95 |
| Industrial | 15 | 8 | 23 |
| Corporate | 2 | 1 | 3 |
| Total | 66 | 55 | 121 |
The combined size of these facilities is approxima tely 36 million square feet. The buildings are in good condition, suitable for their intended use, adequate to support the Company’s operations, and generally fully utilized. Of the 121 facilities above, there are two owned and three leased facilities included in Industrial, which relate to the recently announced pending divestiture of the Infrastructure business.
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