Westrock Coffee Co
For the period ended Dec 31, 2023. Filed Mar 15, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Mar 15, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 2. Properties
The following table summarizes the principal properties used by Westrock in connection with its roasting, manufacturing, and distribution operations, by segment as of December 31, 2023.
| | | | | |
|---|---|---|---|---|
| | Approximate Size | | | |
| Location | in Square Feet | Purpose | Owned / Leased | Segment |
| Concord, NC (Main) | 256,000 | Roasting, Manufacturing, Distribution | Owned | Beverage Solutions |
| Concord, NC (West Winds) | 49,000 | Manufacturing | Owned | Beverage Solutions |
| Concord, NC (Commercial Park) | 110,000 | Manufacturing | Owned | Beverage Solutions |
| North Little Rock, AR (Gregory) | 133,000 | Distribution | Leased | Beverage Solutions |
| North Little Rock, AR (Collins) | 85,000 | Roasting, Manufacturing | Owned | Beverage Solutions |
| Conway, AR | 524,000 | Manufacturing, Distribution(1) | Owned | Beverage Solutions |
| Conway, AR | 530,000 | Distribution(2) | Leased | Beverage Solutions |
| Richmond, CA | 48,530 | Manufacturing, Distribution | Leased | Beverage Solutions |
| Kigali, Rwanda | 64,000 | Manufacturing, Export | Owned | SS&T |
| Johor Bahru, Malaysia | 92,000 | Roasting, Manufacturing | Leased | Beverage Solutions |
| (1) | - The Company is currently completing the build-out of this facility, which is expected to begin commercial production in 2024. |
| (2) | - The accounting lease commencement date occurred in January 2024. |
Management believes that the Company’s sites are adequate to support the business and that the properties have been well maintained.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.