CompoSecure Inc
For the period ended Dec 31, 2024. Filed Mar 5, 2025.
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FY2024 · Filed Mar 5, 2025
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Item 2. Properties
The Company maintains five (5) leased facilities, as set forth below, pursuant to lease agreements with remaining terms ranging from approximately 2 years to approximately 5 years, excluding options to extend. The Company believes its current facilities are suitable and adequate for its current and presently contemplated operations and production capacity needs and recognizes that future operations may require expanded and/or additional production capacity.
| Location | Operations | Approximate Square Footage |
|---|---|---|
| Somerset, New Jersey (Pierce Street) | Sales, Quality Assurance, Design, Marketing and Production | 116,000 |
| Somerset, New Jersey (Memorial Drive) | Quality Assurance, Production | 46,000 |
| Somerset, New Jersey (Apgar Drive) | Prelams and Subassembly Production | 11,000 |
| Somerset, New Jersey (Roosevelt Avenue) | Warehouse and Related Activities | 53,000 |
| Somerset, New Jersey (Davidson Avenue) | Executive and Administrative Offices | 15,000 |
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