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It's a must. You need to be always ready for natural disasters juts like here in Oklahoma we need to have our essentials ready down the basement in cases of tornado warnings. Flashlights, water and food. We also make sure that we have generators ready.
Yes, we have disaster plans for various threats. As a large company, we have to. If we lose income, equipment, or personnel due to a natural disaster (or any other type), it's important to have a backup plan. A lot of companies realized this when covid came.