A Dark Vector Cognition product

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 TypeLocationOwned/ Leased
PFNAResearch and development facilityPlano, TexasOwned
PFNAConvenient food plantCedar Rapids, IowaOwned
PBNAResearch and development facilityValhalla, New YorkOwned
PBNAConcentrate plantArlington, TexasOwned
IB FranchiseManufacturing plantLehavim, IsraelOwned
EMEAConvenient food plantLeicester, United KingdomOwned (a)
EMEAConvenient food plantKashira, RussiaOwned
EMEADairy plantMoscow, RussiaOwned
LatAm FoodsConvenient food plantCelaya, MexicoOwned
LatAm FoodsTwo convenient food plantsVallejo, MexicoOwned
PBNA, IB FranchiseConcentrate plantColonia, UruguayOwned (a)
PBNA, IB Franchise, EMEATwo concentrate plantsCork, IrelandOwned
PBNA, IB Franchise, EMEAConcentrate plantSingaporeOwned (a)
All segmentsShared service centerMexico City, MexicoLeased
All segmentsShared service centerHyderabad, IndiaLeased

(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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