What Applied Industrial Technologies reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
We believe having a local presence is important to serving our customers; therefore, we maintain service centers and other operations in local markets throughout the countries in which we operate. At June 30, 2026, we owned 109 and leased 433 real properties. Certain properties house more than one operation.
The following were our principal owned real properties (each of which has more than 50,000 square feet of floor space) at June 30, 2026:
The rest of Item 2
Location of Principal OwnedReal Property · Type of Facility
Cleveland, Ohio · Corporate headquarters
Atlanta, Georgia · Distribution center, service center, and hose and reducer assembly shops
Florence, Kentucky · Distribution center and hose and reducer assembly shops
Baldwinsville, New York · Fluid power shop
Carlisle, Pennsylvania · Distribution center and hose shop
Fort Worth, Texas · Distribution center and rubber shop
Our principal leased real properties (each of which has more than 50,000 square feet of floor space) at June 30, 2026, were:
Location of Principal LeasedReal Property · Type of Facility
Fontana, California · Distribution center, service center, and rubber and fluid power shops
Newark, California · Fluid power shop
Midland, Michigan · Flow control shop
Strongsville, Ohio · Offices and warehouse
Portland, Oregon · Distribution center and hose and reducer assembly shops
Sherwood, Oregon · Automation operation
Austin, Texas · Fluid power shop
Fort Worth, Texas · Fluid power shop
Houston, Texas · Fluid power shop
Stafford, Texas · Offices, warehouse, and flow control shop
Longview, Washington · Service center and rubber and fluid power shops
Appleton, Wisconsin · Service center and rubber, hose and fluid power shops
Nisku, Alberta · Distribution center, service center, and belt and rubber shops
Saskatoon, Saskatchewan · Distribution center, service center, and fluid power shop
The properties in Baldwinsville, Newark, Midland, Stafford, Austin, Houston, and Fort Worth are used in our Engineered Solutions segment. The Fontana, Longview and Appleton properties are used in both the Service Center segment and the Engineered Solutions segment. The remaining properties are used in the Service Center segment.
We consider our properties generally sufficient to meet our requirements for office space and inventory stocking.
A service center's size is primarily influenced by the amount and types of inventory required to meet customers' needs.
When opening new operations, we have tended to lease rather than purchase real property. We do not consider any service center, distribution center, or shop property to be material because we believe that if it becomes necessary or desirable to relocate an operation, other suitable property could be found.
In addition to the above operating facilities, we own or lease certain properties which, in the aggregate, are not material and are either for sale, lease, or sublease to third parties due to a relocation or closing. We also may lease or sublease unused portions of buildings to others.