Ingevity Corp
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
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FY2023 · Filed Feb 22, 2024
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Item 2. Properties
We are headquartered in North Charleston, South Carolina and operate manufacturing facilities in the U.S., United Kingdom, and the People's Republic of China and have business offices and warehouse and distribution facilities globally. The following locations represent the principal properties of Ingevity. We believe these facilities are adequate and suitable for our current operations, and that the production capacity of our facilities is sufficient to meet current demand. In the case of the properties identified as “Leased”, we nevertheless own the manufacturing assets themselves.
| Location | Own / Lease | Functional Use |
|---|---|---|
| North Charleston, South Carolina | Own / Lease (1) | Corporate Headquarters;Application Labs;Performance Chemicals: Manufacturing |
| Covington, Virginia | Lease | Performance Materials: Manufacturing |
| Crossett, Arkansas | Lease | Performance Chemicals: Manufacturing |
| DeRidder, Louisiana | Own (2) | Performance Chemicals: Manufacturing |
| Waynesboro, Georgia | Own (3) | Performance Materials: Manufacturing |
| Shanghai, People's Republic of China | Lease | Regional Headquarters; Application Lab |
| Wickliffe, Kentucky | Own (4) | Performance Materials: Manufacturing |
| Changshu, People’s Republic of China | Lease | Performance Materials: Manufacturing |
| Warrington, United Kingdom | Lease | Advanced Polymer Technologies: Manufacturing, Application Lab |
| Zhuhai, People’s Republic of China | Lease | Performance Materials: Manufacturing, Application Lab |
| Greenville, Alabama | Lease | Performance Chemicals: Manufacturing |
| Dayton, Nevada | Own | Performance Chemicals: Manufacturing |
| Childress, Texas | Own (5) | Performance Chemicals: Manufacturing |
| Marion, Indiana | Own | Performance Chemicals: Manufacturing |
(1) Portions of the manufacturing operations are on leased land and our corporate headquarters building is leased.
(2) We expect to complete the closure of our manufacturing facility in DeRidder, Louisiana in 2024.
(3) Certain manufacturing assets are subject to a finance lease with the Development Authority of Burke County (the county in which Waynesboro, Georgia is located).
(4) Certain manufacturing assets are subject to a finance lease.
(5) Portions of the manufacturing operations are on leased land.
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