CECO ENVIRONMENTAL CORP
For the period ended Dec 31, 2023. Filed Mar 5, 2024.
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FY2023 · Filed Mar 5, 2024
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Item 2. Properties
The Company has 30 principal operating facilities across 12 states and nine countries. The Company’s executive offices are located in Dallas, Texas. We maintain our facilities in good operating condition, and we believe they are suitable and adequate for the purposes for which they are intended to conduct business. Our current capacity, with limited capital additions, is expected to be sufficient to meet production requirements for the near future. It is anticipated that most leases coming due in the near future will be renewed at expiration. The property we own is subject to collateral mortgages to secure the amounts owed under the Credit Facility. Information on the number and location of principal operating facilities by segment was as follows as of December 31, 2023.
| Location of Facilities | ||||
|---|---|---|---|---|
| Segment | Owned | Leased | States | Countries |
| Engineered Systems Segment | 1 | 16 | Arizona, California, Connecticut, Florida, New York, Ohio, Texas | United States, The Netherlands, Canada, India, United Arab Emirates, Singapore, United Kingdom, People's Republic of China, South Korea |
| Industrial Process Solutions Segment | 1 | 10 | California, Indiana, Michigan, North Carolina, Pennsylvania, Tennessee | United States, United Kingdom, The Netherlands, People's Republic of China |
| Corporate | — | 2 | Ohio, Texas | United States |
| 2 | 28 | |||
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