CIMPRESS plc
For the period ended Jun 30, 2024. Filed Aug 9, 2024.
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FY2024 · Filed Aug 9, 2024
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Item 2. Properties
We own real property, including the following manufacturing operations that provide support across our businesses:
A 582,000 square foot facility located near Windsor, Ontario, Canada that primarily services our Vista business.
A 492,000 square foot facility located in Shelbyville, Tennessee, USA, that primarily services our National Pen business.
A 362,000 square foot facility located in Venlo, the Netherlands that primarily services our Vista business.
A 124,000 square foot facility located in Deer Park, Australia that primarily services our Vista business.
A 97,000 square foot facility located near Montpellier, France that primarily services The Print Group businesses.
As of June 30, 2024, a summary of our currently occupied leased spaces is as follows:
| Business Segment (1) | Square Feet | Type | Lease Expirations |
|---|---|---|---|
| Vista | 455,007 | Technology development, marketing, customer service, manufacturing, and administrative | July 2024 - August 2032 |
| PrintBrothers | 349,595 | Technology development, marketing, customer service, manufacturing, and administrative | November 2024 - December 2033 |
| The Print Group | 383,335 | Technology development, marketing, customer service, manufacturing, and administrative | July 2024 - March 2037 |
| National Pen | 681,085 | Marketing, customer service, manufacturing, and administrative | April 2025 - December 2037 |
| All Other Businesses | 459,980 | Technology development, marketing, customer service, manufacturing, and administrative | July 2024 - February 2030 |
(1) Many of our leased properties are utilized by multiple business segments, but each have been assigned to the segment that occupies the majority of our leased space.
We believe that the total space available to us in the facilities we own or lease, and space that is obtainable by us on commercially reasonable terms, will meet our needs for the foreseeable future.
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