Item 2. Properties
Item 2. Properties.
 
Certain information concerning our principal properties at December 31, 2022, is set forth below:
 
 
 
Major
 
 
Approx.
 
 
Location
 
Activities
 
 
Sq. Ft.
 
Ownership
Poway, California
 
 
1, 2, 3, 4, 5
 
 
 
147,000
 
Leased
Malacca, Malaysia
 
 
2, 3, 4, 5
 
 
 
96,000
 
Leased
Kolbermoor, Germany
 
 
2, 3, 4, 5
 
 
 
83,000
 
Owned
Osaka, Japan
 
 
2, 3, 4, 5
 
 
 
67,000
 
Owned
Norwood, Massachusetts
 
 
2, 4, 5
 
 
 
56,000
 
Leased
Calamba City, Laguna, Philippines
 
 
2, 3, 4, 5
 
 
 
52,000
 
Leased
La Chaux-de-Fonds, Switzerland
 
 
2, 4, 5
 
 
 
33,000
 
Leased
Milpitas, California
 
 
2, 4, 5
 
 
 
31,000
 
Leased
Lincoln, Rhode Island
 
 
2, 3, 4, 5
 
 
 
22,000
 
Leased
Singapore
 
 
2, 4, 5
 
 
 
20,000
 
Leased
St. Paul, Minnesota
 
 
2, 3, 4, 5
 
 
 
17,000
 
Leased
Penang, Malaysia (1)
 
 
2, 3, 4, 5
 
 
 
10,000
 
Leased
 
(1) Location was acquired on January 30, 2023, in conjunction with the purchase of MCT, see Note 17, “Subsequent Event”, included in Part IV, Item 15(a) of this Form 10-K.
 
Major activities have been separated into the following categories: 1. Corporate Administration/Principal Executive Offices and Global Headquarters, 2. Sales, Service and Customer Support, 3. Manufacturing, 4. Engineering and Product Development, and 5. Marketing, Finance and General Administration
 
In addition to the locations listed above, we lease other properties primarily for manufacturing, sales, service, engineering, and general administration in various locations. We believe our facilities are suitable for their respective uses and are adequate for our present needs.
 
Item 3. Legal Proceedings.
 
See Note 12, “Commitments and Contingencies” in Part IV, Item 15(a) of this Form 10-K for information regarding legal proceedings.
 
Item 4. Mine Safety Disclosures.
 
Not applicable.
 
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Table of Contents
 
PART II
 
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.