SEC Document

 

Set forth below is a description, as of May 31, 2017, of our principal facilities which we believe are material to our operations:

 

 

 

 

 

Approximate

 

 

 

 

 

 

 

Square Feet Of

 

 

Leased or

Location

 

Business/Segment

 

Floor Space

 

 

Owned

 

 

 

 

 

 

 

 

 

Hertogenbosch, Netherlands

 

Rust-Oleum (Consumer)

 

 

507,400

 

 

Owned

Capacava, Brazil

 

Euclid (Industrial)

 

 

325,000

 

 

Owned

Pleasant Prairie, Wisconsin

 

Rust-Oleum (Consumer)

 

 

303,200

 

 

Owned

Cleveland, Ohio

 

Day-Glo (Specialty)

 

 

224,624

 

 

Owned

Toronto, Ontario, Canada

 

Tremco (Industrial)

 

 

207,160

 

 

Owned

LaFayette, Georgia

 

Euclid (Industrial)

 

 

201,109

 

 

Owned

Cleveland, Ohio

 

Euclid (Industrial)

 

 

230,591

 

 

Owned

Cleveland, Ohio

 

Tremco (Industrial)

 

 

160,300

 

 

Owned

Bodenwoehr, Germany

 

illbruck (Industrial)

 

 

151,171

 

 

Owned

Baltimore, Maryland

 

DAP (Consumer)

 

 

144,200

 

 

Owned

Hagerstown, Maryland

 

Rust-Oleum (Consumer)

 

 

143,000

 

 

Owned

Arkel, Netherlands

 

illbruck (Industrial)

 

 

140,067

 

 

Owned

Tipp City, Ohio

 

DAP (Consumer)

 

 

140,000

 

 

Owned

Zelem, Belgium

 

Rust-Oleum (Consumer)

 

 

136,150

 

 

Owned

Attelboro, Massachusetts

 

Mantrose (Specialty)

 

 

133,650

 

 

Owned

Hudson, North Carolina

 

Wood Finishes Group (Specialty)

 

 

129,300

 

 

Owned

Cherry Hill, New Jersey

 

Stonhard (Industrial)

 

 

121,790

 

 

Owned

Lier, Norway

 

Carboline (Industrial)

 

 

116,953

 

 

Owned

Lake Charles, Louisiana

 

Carboline (Industrial)

 

 

114,287

 

 

Owned

Birtley, United Kingdom

 

Rust-Oleum (Consumer)

 

 

112,354

 

 

Owned

Somerset, New Jersey

 

Rust-Oleum (Consumer)

 

 

110,000

 

 

Owned

Wigan, Lanc, United Kingdom

 

illbruck (Industrial)

 

 

106,020

 

 

Owned

Maple Shade, New Jersey

 

Stonhard (Industrial)

 

 

77,500

 

 

Owned

Dallas, Texas

 

DAP (Consumer)

 

 

74,000

 

 

Owned

Ellaville, Georgia

 

TCI (Specialty)

 

 

55,000

 

 

Owned

Kenosha, Wisconsin

 

Rust-Oleum (Consumer)

 

 

850,243

 

 

Leased

Martinsburg, West Virginia

 

Rust-Oleum (Consumer)

 

 

742,938

 

 

Leased

Riverside, California

 

Rust-Oleum (Consumer)

 

 

309,535

 

 

Leased

Cleveland, Ohio

 

Tremco (Industrial)

 

 

298,175

 

 

Leased

Vaughan, Ontario, Canada

 

Rust-Oleum (Consumer)

 

 

213,847

 

 

Leased

Baltimore, Maryland

 

DAP (Consumer)

 

 

188,555

 

 

Leased

Williamsport, Maryland

 

Rust-Oleum (Consumer)

 

 

162,058

 

 

Leased

Garland, Texas

 

DAP (Consumer)

 

 

130,900

 

 

Leased

Burlington, Washington

 

Legend Brands (Specialty)

 

 

113,875

 

 

Leased

Lake Charles, Louisiana

 

Carboline (Industrial)

 

 

100,035

 

 

Leased

Bodenwoehr, Germany

 

illbruck (Industrial)

 

 

100,000

 

 

Leased

 

We lease certain of our properties under long-term leases. Some of these leases provide for increased rent based on an increase in the cost-of-living index. For information concerning our rental obligations, see Note K, “Leases” of the Notes to Consolidated Financial Statements, which appears in the 2017 Annual Report to Stockholders and is incorporated herein by reference. Under many of our leases, we are obligated to pay certain varying insurance costs, utilities, real property taxes and other costs and expenses.

We believe that our manufacturing plants and office facilities are well maintained and suitable for our operations.

 

 

Item 3.  Legal Proceedings.

Asbestos Litigation and the Bankruptcy Filings by SPHC and Bondex

On May 31, 2010, Bondex and its parent, SPHC, filed voluntary petitions in the United States Bankruptcy Court for the District of Delaware to reorganize under chapter 11 of the U.S. Bankruptcy Code. SPHC is the parent company of Bondex and also serves as the parent company for various operating companies that are not part of the reorganization filing, including Chemical Specialties Manufacturing Corp., Day-Glo Color Corp., Dryvit Systems, Inc. through Dryvit Holdings, Inc., Guardian Protection Products Inc.,

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