MSC INDUSTRIAL DIRECT CO INC
For the period ended Aug 31, 2024. Filed Oct 24, 2024.
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FY2024 · Filed Oct 24, 2024
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ITEM 2. PROPERTIES
As of August 31, 2024, we operated out of the following facilities:
| Location | Purpose | Approx.Sq. Ft. | OperationalDate | Leased/Owned |
|---|---|---|---|---|
| Harrisburg, Pennsylvania | Customer Fulfillment Center | 821,000 | 1997 | Owned |
| Atlanta, Georgia | Customer Fulfillment Center | 721,000 | 1990 | Owned |
| Elkhart, Indiana | Customer Fulfillment Center | 545,000 | 1996 | Owned |
| Reno, Nevada | Customer Fulfillment Center | 419,000 | 1999 | Owned |
| Hanover Park, Illinois | Customer Fulfillment Center | 288,000 | 2003 | Leased |
We maintain 42 warehouses, of which 40 are located in North America and two are located in Europe. Of these locations, six are new to MSC as a result of acquisitions in fiscal year 2024. Our warehouses range in size from approximately 1,000 to 110,000 square feet. We also maintain five manufacturing locations in the United States which range in size from approximately 2,000 to 23,000 square feet and nine regional inventory centers in the United States which vary in size from approximately 7,000 to 21,000 square feet. We maintain co-headquarters at a facility we lease in Melville, New York and a facility we own in Davidson, North Carolina. We also maintain additional office support centers, most of which are leased, in the United States, Canada and Mexico. These leases are for varying periods, with the longest extending to fiscal year 2031. The aggregate annual lease payments on our leased properties in fiscal year 2024 were approximately $14.1 million.
During fiscal year 2024, the Company commenced its plan to sell its 468,000 square foot customer fulfillment center in Columbus, Ohio. As of August 31, 2024, the Columbus facility is no longer operational and is classified as held for sale. See Note 7, “Property, Plant and Equipment” in the Notes to Consolidated Financial Statements for additional information.
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