SCOTTS MIRACLE-GRO CO
For the period ended Sep 30, 2024. Filed Nov 26, 2024.
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FY2024 · Filed Nov 26, 2024
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Item 2. Properties
Our corporate headquarters is located in Marysville, Ohio, where we own approximately 729 acres of land. In addition, we own and lease numerous industrial, commercial and office properties located in North America, Europe and Asia that support the management, manufacturing, distribution and research and development of our products and services. We believe our properties are suitable and adequate to serve the needs of our business and that our leased properties are subject to appropriate lease agreements.
The following is a summary of owned and leased primary operating properties by country as of September 30, 2024:
| Location | Owned | Leased |
|---|---|---|
| United States | 352 | 553,4 |
| Canada | 10 | 13 |
| Mexico | — | 1 |
| China | — | 6 |
| The Netherlands | — | 3 |
| Total | 45 | 78 |
We own or lease 45 manufacturing properties, 16 distribution properties and 4 research and development properties in the United States. We own or lease 15 manufacturing properties, 1 distribution property and 1 research and development property in Canada, 2 manufacturing properties in the Netherlands and 1 research and development property in China. Most of the manufacturing properties, which include growing media properties and peat harvesting properties, have production lines, warehouses, offices and field processing areas.
2 Includes one manufacturing location that is not operational.
3 Includes one manufacturing location under development with operations scheduled to begin in fiscal 2025.
4 Includes ten distribution centers that are not operational. Disposition and sublease efforts are underway or in place.
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