Item 2. Properties.
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Item 2. Properties.
Our principal executive office located in Purchase, New York and our facilities located in Plano, Texas, all of which we own, are our most significant corporate properties.
In connection with making, marketing, distributing and selling our products, each segment utilizes manufacturing, processing, bottling and production plants, warehouses, distribution centers, storage facilities, offices, including segment headquarters, research and development facilities and other facilities, all of which are either owned or leased.
Significant properties by segment are as follows:
| Property Type | Location | Owned/ Leased | |||||||||||||||
| PFNA | Research and development facility | Plano, Texas | Owned | ||||||||||||||
| PFNA | Convenient food plant | Cedar Rapids, Iowa | Owned | ||||||||||||||
| PBNA | Research and development facility | Valhalla, New York | Owned | ||||||||||||||
| PBNA | Concentrate plant | Arlington, Texas | Owned | ||||||||||||||
| IB Franchise | Manufacturing plant | Lehavim, Israel | Owned | ||||||||||||||
| EMEA | Convenient food plant | Leicester, United Kingdom | Owned (a) | ||||||||||||||
| EMEA | Convenient food plant | Kashira, Russia | Owned | ||||||||||||||
| EMEA | Dairy plant | Moscow, Russia | Owned | ||||||||||||||
| LatAm Foods | Convenient food plant | Celaya, Mexico | Owned | ||||||||||||||
| LatAm Foods | Two convenient food plants | Vallejo, Mexico | Owned | ||||||||||||||
| PBNA, IB Franchise | Concentrate plant | Colonia, Uruguay | Owned (a) | ||||||||||||||
| PBNA, IB Franchise, EMEA | Two concentrate plants | Cork, Ireland | Owned | ||||||||||||||
| PBNA, IB Franchise, EMEA | Concentrate plant | Singapore | Owned (a) | ||||||||||||||
| All segments | Shared service center | Mexico City, Mexico | Leased | ||||||||||||||
| All segments | Shared service center | Hyderabad, India | Leased |
(a)The land on which these properties are located is leased.
Most of our plants are owned or leased on a long-term basis. In addition to company-owned or leased properties described above, we also utilize a highly distributed network of plants, warehouses and distribution centers that are owned or leased by our contract manufacturers, co-packers, strategic alliances or joint ventures in which we have an equity interest. We believe that our properties generally are in good operating condition and, taken as a whole, are suitable, adequate and of sufficient capacity for our current operations.
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