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Properties and Equipment, Net
 12 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
Properties And Equipment, Net PROPERTIES AND EQUIPMENT, NET
The following table summarizes the components of properties and equipment, net:
(in millions)20222021
Land$13.4 $8.5 
Buildings and improvements117.9 82.8 
Machinery and equipment204.4 202.2 
Total property and equipment, at cost335.7 293.5 
Less: Accumulated depreciation156.4 151.6 
Properties and equipment, net (a)
$179.3 $141.9 
(a)    Amounts at December 31, 2022 include properties and equipment acquired in the acquisition of TowHaul - see Note 2 - Acquisitions.
On February 16, 2022, the Company completed the acquisition of its University Park, Illinois manufacturing facility for approximately $28 million. The Company had previously leased the facility under a lease that was due to expire at the end of June 2023.
On December 22, 2021, the Company completed the acquisition of its Elgin, Illinois manufacturing facility for $19.8 million. The Company had previously leased the facility under a lease that was due to expire at the end of June 2023.