Monster Beverage Corp
For the period ended Dec 31, 2023. Filed Feb 29, 2024.
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FY2023 · Filed Feb 29, 2024
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Item 2. PROPERTIES
As of February 15, 2024, our principal properties include the following:
Our owned corporate headquarters located in Corona, California, consist of (i) a free-standing, six-story building (LEED Gold and ENERGY STAR certified), (ii) a three-story parking structure and storage facility, which houses our quality control laboratory, (iii) a free-standing, three-story building (currently pursuing ENERGY STAR certification), (iv) a free-standing, single-story building and (v) a free-standing, two-story building.
Our owned Southern California warehouse and distribution center is located in Rialto, California, which is LEED certified.
During 2023, we acquired a beverage production facility in Phoenix, Arizona, to manufacture certain of our energy drink products.
During 2022, we acquired certain real property and equipment in Norwalk, California. We utilize the property as a manufacturing facility for certain of our products. Manufacturing commenced in January 2024.
During 2020, we purchased a three-story office building located in Uxbridge, United Kingdom.
During 2019, we acquired a manufacturing plant and adjoining land in Athy, County Kildare, Ireland to produce and supply ingredients, including flavors, for certain of our international markets. In January 2024, we acquired additional land adjoining the property to support continued development of the manufacturing site.
During 2019, we purchased approximately 7.66 acres of land in San Fernando, California. We are in the process of constructing a new production facility thereon to consolidate AFF’s operations into a single location.
In addition, we lease many smaller office and/or warehouse/manufacturing spaces, both domestically and in certain international locations.
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