Acushnet Holdings Corp
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
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Item 2. Properties
Our material facilities are located worldwide as shown in the table below.
| Location | Type | Facility Size(1) | Leased/Owned |
|---|---|---|---|
| Fairhaven, Massachusetts | Headquarters and golf ball R&D | 222,720 | Owned |
| Golf Balls | |||
| North Dartmouth, Massachusetts | Golf ball manufacturing | 179,602 | Owned |
| New Bedford, Massachusetts | Golf ball manufacturing | 244,091 | Owned |
| Amphur Pluakdaeng Rayong, Thailand | Golf ball manufacturing | 230,003 | Owned |
| New Bedford, Massachusetts | Golf ball customization and distribution center | 438,007 | Owned |
| Fairhaven, Massachusetts | Golf ball packaging | 49,580 | Owned |
| New Bedford, Massachusetts | Golf ball advanced engineering and ball cavity manufacturing | 34,000 | Owned |
| Sugarland, Texas | Golf ball recycling and distribution center | 87,214 | Leased |
| Golf Clubs, Wedges and Putters | |||
| Carlsbad, California | Golf club assembly | 165,485 | Leased |
| Carlsbad, California | Tour testing and golf club R&D | 50,000 | Leased |
| Oceanside, California | Digital media studio | 40,515 | Leased |
| San Marcos, California | Putter research | 19,200 | Leased |
| Encinitas, California | Putter fitting and sales | 3,754 | Leased |
| Tokyo, Japan | Golf club assembly | 45,274 | Leased |
| FootJoy | |||
| Fuzhou, Fujian, China (40% owned joint venture)(2) | Golf shoe manufacturing and distribution center | 525,031 | Building Owned/Land Leased |
| Brockton, Massachusetts | Golf shoe R&D | 98,428 | Leased |
| Sriracha Chonburi, Thailand | Golf glove manufacturing | 112,847 | Building Owned/Land Leased |
| Sales Offices and Distribution Centers (used by multiple reportable segments) | |||
| Fairhaven, Massachusetts | East Coast customization and distribution center | 185,370 | Owned |
| Vista, California | West Coast distribution center and golf bag embroidery | 102,319 | Leased |
| Lakeville, Massachusetts | East Coast customization and distribution center | 555,395 | Leased |
| Cambridgeshire, United Kingdom | Sales office and distribution center, as well as golf club assembly and golf ball customization | 156,326 | Owned |
| Helmond, The Netherlands | Sales office and distribution center | 69,965 | Leased |
| Victoria, Australia | Sales office and distribution center, as well as golf club assembly | 37,027 | Leased |
| Ontario, Canada | Sales office and distribution center | 102,057 | Leased |
| Randburg, South Africa | Sales office and distribution center, as well as golf club assembly | 25,060 | Leased |
| Yongin-shi, Korea | Distribution center, golf ball customization and golf club assembly | 174,982 | Leased |
| Product Testing and Fitting Centers (Golf Balls and Golf Clubs) | |||
| Acushnet, Massachusetts | East Coast product testing and fitting for golf balls and golf clubs | 22 acres total, including multiple buildings that total 19,492 square feet | Owned |
| Oceanside, California | West Coast product testing and fitting for golf balls and golf clubs(Titleist Performance Institute) | 30 acres total, including multiple buildings that total 40,600 square feet | Owned |
| (1)Facility size represents square footage of the building, unless otherwise noted.(2)The joint venture ceased production at this facility in January 2025. FootJoy currently contracts to manufacture substantially all of its footwear at a third-party owned manufacturing facility in Long An Province, Vietnam. | |||
We have additional sales offices and facilities in Colorado, Utah, New Zealand, Malaysia, Singapore, Hong Kong, Taiwan, Japan, Korea, Thailand, Scotland, Sweden, France, Germany and Switzerland. In the opinion of our management, our properties are adequate and suitable for our business as presently conducted and are adequately maintained.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.