ESCO TECHNOLOGIES INC
For the period ended Sep 30, 2024. Filed Nov 29, 2024.
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FY2024 · Filed Nov 29, 2024
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Item 2. Properties
We believe our buildings, machinery and equipment have been generally well maintained, are in good operating condition and are adequate for our current production requirements and other needs.
At September 30, 2024, our physical properties, including those described in the table below, comprised approximately 2,319,000 square feet, of which approximately 799,500 square feet were owned and approximately 1,519,500 square feet were leased. The table below includes our principal physical properties. We do not believe any of the omitted properties, consisting primarily of office space, warehouse space and land held for possible future use, are individually or collectively material to our operations or business. See also Note 11 to the Consolidated Financial Statements.
| | | | | | | | | |
|---|---|---|---|---|---|---|---|---|
| · · · Principal Use(s) · | ||||||||
| | | | | | | (M=Manufacturing, | | |
| | | | | | | E=Engineering, | | |
| | | Approx. | | Owned / Leased (with | | W=Warehouse, | | Operating |
| Location | | Sq. Ft. | | Expiration Date) | | O=Office) | | Segment |
| Modesto, CA | | 181,500 | | Leased (9/30/2033) | | M, E, W, O | | A&D |
| Stoughton, MA | | 151,100 | | Leased (1/31/2037) | | M, E, W, O | | A&D |
| Denton, TX | | 145,000 | | Leased (9/30/2029, plus options) | | M, E, W, O | | A&D |
| Cedar Park, TX | 130,000 | Owned | M, E, W, O | Test | ||||
| Oxnard, CA | 127,400 | Owned | M, E, W, O | A&D | ||||
| South El Monte, CA | 100,100 | Owned | M, E, W, O | A&D | ||||
| Durant, OK | 100,000 | Owned | M, W, O | Test | ||||
| Valencia, CA | 79,300 | Owned | M, E, O | A&D | ||||
| Marlborough, MA | 79,100 | Leased (2/28/2037) | M, E, W, O | USG | ||||
| Hinesburg, VT | 77,000 | Owned | M, E, W, O | USG | ||||
| Accident, MD | 66,800 | Owned | M, E, W, O | USG | ||||
| South El Monte, CA | 52,700 | Leased (12/31/2024) | M, W, O | A&D | ||||
| Liverpool, England | 42,000 | Owned | M, E, W, O | Test | ||||
| Eura, Finland | | 41,500 | | Owned | | M, E, W, O | | Test |
| Montreal, Québec | 38,400 | Leased (8/31/2041) | M, E, W, O | USG | ||||
| Tianjin, China | | 38,100 | | Leased (11/19/2027) | | M, E, O | | Test |
| Minocqua, WI | 35,400 | Owned | M, W ,O | Test | ||||
| Bologna, Italy | 28,200 | Leased (8/13/2028) | M, E, W ,O | USG | ||||
| Cedar Park, TX | | 28,000 | | Leased (8/31/2028) | | M. W | | Test |
| Ontario, CA | 26,900 | Leased (8/31/2025) | M, E, W ,O | USG | ||||
| Chatsworth, CA | 24,800 | Leased (12/31/2025) | M, E, W ,O | A&D | ||||
| St. Louis, MO | | 21,500 | | Leased (8/31/2025) | | ESCO Corporate Office | | Corporate |
| Attleboro, MA | 20,500 | Leased (3/31/2025) | M, E, W, O | A&D | ||||
| Taino, Italy | 18,000 | Leased (various term ends) | M, E, W ,O | USG | ||||
| Bangalore, India | | 17,000 | | Leased (2/28/2031) | | M, E, W, O | | Test |
| Zola Predosa, Italy | 12,900 | Leased (1/31/2029) | M, E, W ,O | USG | ||||
| Morrisville, NC | 11,600 | Leased (1/31/2027, plus options) | O | USG | ||||
| Wood Dale, IL | 10,700 | Leased (8/31/2029) | E, O | Test | ||||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.