TWIN DISC INC
For the period ended Jun 30, 2024. Filed Sep 6, 2024.
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FY2024 · Filed Sep 6, 2024
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Item 2. Properties
The Company leases a facility in Milwaukee, Wisconsin, U.S.A., which serves as its corporate headquarters.
Manufacturing Segment
The Company owns two facilities in Racine, Wisconsin, U.S.A. One facility is for manufacturing, assembly, and office purposes, and the other facility is the former corporate headquarters that is now classified as an idle asset. The Company also owns three facilities in Finland (two in Tampere and one in Ikaalinen) and one facility in Italy (Decima). These facilities are for manufacturing, assembly and office purposes. The aggregate floor space of these facilities approximates 739,200 square feet. The Company leases additional manufacturing, assembly and office facilities in, Sturtevant, Wisconsin; Lufkin, Texas; Papendrecht, Netherlands; Nivelles, Belgium; Novazzano, Switzerland; Decima, Italy; and Tampere, Finland.
Distribution Segment
The Company also has operations in the following locations, all of which are leased and are used for sales offices, warehousing and light assembly or product service:
| Brisbane, Queensland, Australia | Guangzhou, China |
| Perth, Western Australia, Australia | Chennai, India |
| Gold Coast, Queensland, Australia | Coimbatore, India |
| Singapore | Saitama City, Japan |
| Shanghai, China | Auckland, New Zealand |
The Company believes its properties are well maintained and adequate for its present and anticipated needs.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.