Toro 2013 Annual Report Download - page 28

ITEM 2. PROPERTIES
As of October 31, 2013, we utilized manufacturing, distribution, warehouse, and office facilities totaling approximately 6 million square feet of
space worldwide. We also had approximately 72 acres of excess land in Wisconsin adjacent to a distribution center, 36 acres of land in
Minnesota utilized as a testing and storage facility, 10 acres of land in Minnesota held for future expansion, and 21 acres of land in California
used as a testing site. Plant utilization varies during the year depending on the production cycle. We consider each of our current facilities to be
in good operating condition. Management believes we have sufficient manufacturing capacity for fiscal 2014, although strategies for future
operational growth are currently being assessed. We are expanding our corporate facilities located in Bloomington, Minnesota, which includes
the construction of a new facility to accommodate our need to expand the space available for our product development and test capacities. We
expect occupancy of the new facility to take place in fiscal 2014. Our significant facilities are listed below by location, ownership, and function as
of October 31, 2013:
Location Ownership Products Manufactured / Use
Bloomington, MN Owned/Leased Corporate headquarters, warehouse, and test lab
El Paso, TX Owned/Leased Components for professional and residential products and distribution center
Ankeny, IA Leased Residential and professional distribution center
Plymouth, WI Owned Professional and residential parts distribution center
Juarez, Mexico Leased Professional and residential products
Tomah, WI Owned/Leased Professional products and distribution center
Windom, MN Owned/Leased Residential and professional products and warehouse
Beatrice, NE Owned/Leased Professional products, test facility, and office
Riverside, CA Owned/Leased Professional products, test facility, distribution center, and office
Xiamen City, China Leased Professional products, distribution center, and office
Braeside, Australia Leased Distribution center, service area, and office
Hertfordshire, United Kingdom Owned Professional and residential products, distribution center, test lab, and office
Ploiesti, Romania Owned Professional products, distribution center, test lab, and office
Shakopee, MN Owned Components for professional and residential products
El Cajon, CA Owned/Leased Professional and residential products, distribution center, test lab, and office
Brooklyn Center, MN Leased Distribution facility, service area, and office
St. Louis, MO Leased Distribution facility, service area, and office
Sanford, FL Leased Professional products and distribution center
Fiano Romano, Italy Owned Professional products, distribution center, and office
Beverley, Australia Owned Professional products, distribution center, service area, and office
Baraboo, WI Leased Professional distribution center
Capena, Italy Leased Distribution center
Oevel, Belgium Owned Distribution center, service area, and office
Kent, WA Leased Distribution facility, service area, and office
Abilene, TX Leased Office, professional products, and service center
others’ patents, we regularly review certain patents issued by the
ITEM 3. LEGAL PROCEEDINGS
USPTO and foreign patent offices. We believe these activities help
us minimize our risk of being a defendant in patent infringement
We are a party to litigation in the ordinary course of business.
litigation. We are currently involved in patent litigation cases where
Litigation occasionally involves claims for punitive, as well as com-
we are asserting and defending against claims of patent
pensatory, damages arising out of the use of our products.
infringement.
Although we are self-insured to some extent, we maintain insur-
For a description of our material legal proceedings, see Note 13
ance against certain product liability losses. We are also subject to
of the Notes to Consolidated Financial Statements under the head-
litigation and administrative and judicial proceedings with respect to
ing ‘‘Commitments and Contingent Liabilities – Litigation’’ included
claims involving asbestos and the discharge of hazardous sub-
in Item 8, Financial Statements and Supplementary Data of this
stances into the environment. Some of these claims assert dam-
Annual Report on Form 10-K, which is incorporated into this Item 3
ages and liability for personal injury, remedial investigations or
by reference.
clean-up, and other costs and damages. We are also typically
involved in commercial disputes, employment disputes, and patent
ITEM 4. MINE SAFETY DISCLOSURES
litigation cases in the ordinary course of business. To prevent pos-
sible infringement of our patents by others, we periodically review
Not applicable.
competitors’ products. To avoid potential liability with respect to
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