Quest Diagnostics 2000 Annual Report Download - page 41

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21
Item 2. Properties
Our principal laboratories (listed alphabetically by state) are located in or near the following metropolitan areas. In
certain areas (indicated by the number (2)), we have two principal laboratories as a result of the acquisition of SBCL.
Except in the case of the Chicago area, we intend to close or reduce in size one of the duplicate facilities.
Location Leased or Owned
Phoenix, Arizona Leased by Joint Venture
Los Angeles, California Owned
San Diego, California Leased
San Francisco, California Owned
San Juan Capistrano, California Owned
Denver, Colorado Leased
New Haven, Connecticut Owned
Miami, Florida (2) Leased
Tampa, Florida Owned
Atlanta, Georgia Owned
Chicago, Illinois (2) One owned, one leased
Indianapolis, Indiana Leased by Joint Venture
Lexington, Kentucky Owned
New Orleans, Louisiana Owned
Baltimore, Maryland Owned
Boston, Massachusetts Leased
Detroit, Michigan Leased
St. Louis, Missouri Owned
Lincoln, Nebraska Leased
New York, New York (Teterboro, New Jersey) Owned
Long Island, New York Leased
Oklahoma City, Oklahoma Leased by Joint Venture
Portland, Oregon Leased
Philadelphia, Pennsylvania (2) One owned, one leased
Pittsburgh, Pennsylvania Leased
Nashville, Tennessee Leased
Dallas, Texas (2) Leased
Houston, Texas Leased
Seattle, Washington Leased
Our executive offices are located in Teterboro, New Jersey, in the facility that also serves as our regional
laboratory in the New York City metropolitan area. We also lease under a capital lease an administrative office (which
served as the executive office of SBCL) in Collegeville, Pennsylvania. We also lease a facility near Collegeville that will
serve as our national revenue service center. We own our laboratory facility in Mexico City and lease a laboratory
facility near London, England. We are currently assessing our need for additional space near the Teterboro facility. We
believe that, in general, our laboratory facilities are suitable and adequate for our current and anticipated future levels of
operation. We believe that if we were unable to renew a lease on any of our testing facilities, we could find alternative
space at competitive market rates and relocate our operations to such new location.
Item 3. Legal Proceedings
In addition to the investigations described in “Business-Government Investigations and Related Claims,” we are
involved in various legal proceedings arising in the ordinary course of business. Some of the proceedings against us
involve claims that are substantial in amount. Although we cannot predict the outcome of such proceedings or any claims
made against us, we do not anticipate that the ultimate liability of such proceedings or claims will have a material adverse
effect on our financial position or results of operations as they primarily relate to professional liability for which we
believe we have adequate insurance coverage. See “Business-Insurance.”
Item 4. Submission of Matters to a Vote of Security Holders
None.