{"url_path":"/sec/uvv/10-k/2026/item-2","section_key":"item-2","section_title":"Item 2 Properties","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-06-01","source_url":"https://www.sec.gov/Archives/edgar/data/102037/0001628280-26-039511-index.html","accession_number":"0001628280-26-039511","cik":"0000102037","ticker":"UVV","issuer_name":"UNIVERSAL CORP /VA/","edgar_url":"https://www.sec.gov/Archives/edgar/data/102037/0001628280-26-039511-index.html","primary_entity_key":"0000102037","primary_entity_name":"UNIVERSAL CORP /VA/"},"word_count":408,"has_tables":true,"body_markdown":"Item 2. Properties\n\nWe own the following significant properties:\n\nLocationPrincipal UseBuilding Area\n\n(Square Feet)\n\nTobacco Operations:\n\nUnited States\n\nNash County, North CarolinaFactory and storages1,323,000 \n\nLancaster, PennsylvaniaFactory and storages793,000 \n\nBrazil\n\nSanta Cruz do SulFactory and storages2,386,000 \n\nMalawi\n\nLilongweFactory and storages942,000 \n\nMozambique\n\nTeteFactory and storages770,000 \n\nPhilippines\n\nAgoo, La UnionFactory and storages770,000 \n\nReina Mercedes, IsabelaFactory and storages759,000 \n\nZimbabwe\n\nHarare (1)\nFactory and storages1,445,000 \n\nIngredients Operations:\n\nUnited States\n\nMomence, IllinoisFactory and storages407,000 \n\nGrandview, WashingtonFactory and storages125,000 \n\nProsser, WashingtonFactory and storages335,000 \n\nLancaster, PennsylvaniaFactory and storages194,000 \n\n(1)Owned by an unconsolidated subsidiary.\n\nWe lease headquarters office space of about 50,000 square feet at 9201 Forest Hill Avenue in Richmond, Virginia, which we believe is adequate for our current needs.\n\n21\n\nTobacco Operations\n\nOur tobacco business involves, among other things, storing and processing green tobacco and storing processed tobacco. We operate processing facilities in major tobacco growing areas. In addition, we require tobacco storage facilities that are in close proximity to the processing facilities. We own most of the tobacco storage facilities, but we lease additional space as needs arise. We believe that the properties currently utilized in our tobacco operations are maintained in good operating condition and are suitable and adequate for our purposes at our current volumes.\n\nIn addition to our significant properties listed above, we own other processing facilities in the following countries: Guatemala, Italy, the Netherlands, Poland, and the United States. In addition, we have an ownership interest in a processing plant in Mexico and have access to processing facilities in other areas, such as India, the People’s Republic of China, and the Republic of South Africa. Socotab L.L.C., an oriental tobacco joint venture in which we own a noncontrolling interest, owns tobacco processing plants in Bulgaria, the Republic of North Macedonia, and Türkiye.\n\nExcept for the Lancaster, Pennsylvania facility, the tobacco facilities described above are engaged primarily in processing tobaccos used by manufacturers in the production of cigarettes. The Lancaster, Pennsylvania facility, as well as facilities in Brazil, the Dominican Republic, Indonesia, and Paraguay, process tobaccos used in making cigar, pipe, and smokeless products, as well as components of certain “roll-your-own” products.\n\nIngredients Operations\n\nOur ingredients business involves, among other things, storing and processing both fresh and dehydrated plant-based ingredients and storing processed finished goods. We operate processing facilities in three U.S. locations. We believe that the properties currently utilized in our ingredients operations are maintained in good operating condition and are suitable and adequate for our current level of business."}