Investor Presentation March 2023
Site Optimization Building Blocks -Site
closures and consolidations
Closure date
June 2022
September 2022
November 2022
March 2023
March 2023
March 2023
June 2023
Proposed
RSI facility
Production
moved from
facility in
North
Carolina to
existing
facilities
Former RSI
site was not
acquired in
acquisition
Cumberland, VA
Closure of canine
breeding facility
removes losses at
this site;
improvement of
margins and reducing
anticipated capital
expenditures
Dublin, VA
Production moving
to other refurbished
sites for operational
efficiencies to
enhance margins
Site is owned and
planning to sell upon
closure
Closing on the land
with lease building
with sale in 2 years
Haslett, MI
Production moving
to other
refurbished site for
operational
efficiencies to
enhance margins
Site is owned and
planning to sell
upon closure
Boyertown, PA
Production moving
to other
refurbished site for
operational
efficiencies to
enhance margins
Site is owned and
planning to sell
upon closure
Israel
Signed agreement
to sell business;
expect closing to
be completed by
end of December
2022
Indianapolis
Closing two
isolator facilities in
Indianapolis, IN
and consolidate
them with existing
facilities in the U.S.
Gannat, France
Completed
consultation
process and will be
relocating
operations to The
Netherlands
Blackthorn
Proposed
consolidation of
Blackthorn UK -
est completion
would be Sep 2024
Refurbished facilities in Denver, PA, Livermore, CA, Indianapolis, IN and Horst, NL in FY 2022
Closures/consolidations allow for improved operational efficiency and enhanced operating margins
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