Are there any possible liabilities? If so, please suggest the appropriate risk management technique for each.

Plant.KI is located in a "rust belt" state.In 2014 it was able to lease its 85,000 square foot manufacturing plant and storage warehouse at a very favorable rate.In addition, the site has a modern 12,000 square foot office facility and a large yard where weather-resistant items are stored and vehicles are parked.

The VP Manufacturing is very effective at producing goods.However, he is prone to cut corners on maintenance so the plant looks a bit shabby.It doesn't have the polished look that it had under previous occupants, some of the fire safety equipment has not been checked in more than a year, and spare parts, trash and other detritus gather in corners.

Equipment.From the beginning, the company's success has depended on its patented products (which can easily be reverse-engineered) and its manufacturing equipment which is a trade secret.In addition to its manufacturing equipment, it has the following assets:

Four executive automobiles

One company plane (Cherokee)

One 30 foot cruiser on the Kicass River

6 forklifts

4 pickups

3 vans

The company does not have large delivery trucks.All goods are shipped by rail or independent truck lines.A railroad spur abuts the plant.

Workforce.Many skilled workers are available to assemble the filtration systems that the company manufactures.Because employees are wedded to the area through family and/or sentiment they work for lower wages than comparable workers in any other statewhether union or right-to-work. Currently the workforce consists of:

Plant:

o6 foremen

o80 skilled blue collar workers

o5 unskilled blue collar workers

20 white collar workers at various levels from clerical to manager

3 sales people who sell mostly through manufacturers representatives around the US

Four executives, including the CEO