Express Scripts 2014 Annual Report Download - page 32

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Express Scripts 2014 Annual Report
30
Item 2 — Properties
WeoperateourPBMandOtherBusinessOperationssegmentsoutofleasedandownedfacilitiesthroughoutthe
UnitedStates,CanadaandEurope.AsofDecember31,2014,ourPBMsegmentconsistedof66ownedorleasedfacilities
throughouttheUnitedStatesandthreeownedorleasedfacilitiesthroughoutCanada.ForourOtherBusinessOperations
segment,asofDecember31,2014,weownedorleased50facilitiesthroughouttheUnitedStates,andownedorleasedfive
facilitiesthroughoutCanadaandEurope.Ourexistingfacilitiescompriseapproximately6.0millionsquarefeetinaggregate.
OurSt.Louis,Missourifacilityhousesourcorporateheadquartersandaccommodatesourexecutiveandcorporate
functions.
OurPBMhomedeliverypharmacyoperationsconsistoftwelveorderprocessingpharmacieslocatedthroughout
theUnitedStates,aswellassevencontactcentersandeightmailorderdispensingpharmacies.WealsohaveeightSpecialty
Pharmacyhomedeliverypharmaciesand35specialtybranchpharmacies.
In2013,webeganconstructionofanewofficefacilityinSt.Louis,Missouriaswellasanewhighvolume
pharmacyfulfillmentfacilityinFlorence,NewJersey.Thesenewfacilitieswerecompletedin2014.Totalcapitalexpenditures
of$15.0millionwereincurredforthenewofficefacilityandtotalcapitalexpendituresof$68.2millionwereincurredforthe
newhighvolumepharmacyfulfillmentfacility.
In2013,wealsobeganimprovementontwonewdatacentersinChicago,IllinoisandPiscataway,NewJersey.
Bothlocationsarescheduledtobecompletedin2015,andweanticipatetotalcapitalexpendituresofapproximately$75.0
million.
Webelieveourfacilitiesgenerallyhavebeenwellmaintained,areingoodoperatingconditionandhaveadequate
capacitytomeetourcurrentbusinessneeds.
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