Item 2. Properties
Item 2. PROPERTIES
Our principal properties include space for manufacturing products, designing and testing new developments or processes, and employee collaboration space. Our properties are generally aligned with our business segments; however, we manufacture the same products across our manufacturing facilities to efficiently utilize capacity and reduce costs. We consider all our properties to be both suitable and adequate to meet our requirements for the foreseeable future.
Our principal properties consist of the following:
Facilities Owned or Leased Square Footage Facility Activities
Brookings, SD, USA Owned 771,000 Corporate Office, Manufacturing, Sales, Service
Redwood Falls, MN, USA Owned 151,000 Manufacturing, Sales, Service, Office
Ennistymon, Ireland Owned 62,000 Manufacturing, Sales, Service, Office
Sioux Falls, SD, USA Leased 296,000 Manufacturing, Sales, Service, Office
Shanghai, China Leased 152,000 Manufacturing, Sales, Service, Office
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We also utilize sales and service offices located throughout the United States, Canada, Europe, and the Asia-Pacific region. These spaces are generally small leased offices used for sales related activities. See "Note 9. Leases" of the Notes to our Consolidated Financial Statements included in this Form 10-K for further information on lease obligations.
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