Item 2. Properties
Item 2. Properties.
Certain information concerning our principal properties at December 30, 2023, is set forth below:
Major
Approx.
Location
Activities
Sq. Ft.
Ownership
Poway, California
1, 2, 3, 4, 5
147,000
Leased
Melaka, Malaysia (1)
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
Calamba City, Laguna, Philippines
2, 3, 4, 5
64,000
Owned
Norwood, Massachusetts
2, 4, 5
56,000
Leased
Calamba City, Laguna, Philippines
3, 4
37,000
Leased
La Chaux-de-Fonds, Switzerland
2, 4, 5
33,000
Leased
Singapore (2)
2, 3, 4, 5
32,000
Leased
Milpitas, California
2, 4, 5
31,000
Leased
Lincoln, Rhode Island
2, 3, 4, 5
22,000
Leased
St. Paul, Minnesota
2, 3, 4, 5
17,000
Leased
(1) On January 10, 2024 we entered into a purchase agreement to acquire our facility in Melaka, Malaysia.
(2) Increase in square footage from the prior year is a result of our acquisition of EQT on October 2, 2023.
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 13, “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.