Item 2. Properties
ITEM 2. PROPERTIES
Our significant facilities at December 31, 2025 include the following:
Location Owned or
Leased
Lease Expiration Approximate
Size (sq. ft.)
Primary Activity
Burbach, Germany Owned 586,800 Optical fiber, components, final assembly, complete device manufacturing, R&D, administration
Oxford, Massachusetts Owned 550,300 Diodes, components, complete device manufacturing, R&D, administration
Minsk, Belarus Owned 410,900 Manufacturing
Marlborough, Massachusetts Owned 402,800 Components, manufacturing, applications, sales, R&D, administration
Davenport, Iowa Owned 99,300 Systems integration, sales, administration
Davenport, Iowa Leased January 2027 9,600 Systems integration, sales, administration
Our corporate headquarters is in Marlborough, Massachusetts. As of December 31, 2025, we occupied more than 2.8 million square feet of facilities worldwide. Of this we own 2.4 million square feet and lease 0.4 million square feet of building space, of which the majority is used for manufacturing. Our major manufacturing facilities are located in the United States and Germany. We have ceased new investments in our Belarusian operations. We have and will continue to expand our manufacturing operations in Germany and the United States, in part to replace the lost capacity at our factories in Russia and Belarus due to sanctions, to meet the demand for our products and our sales and support needs. We conduct our major research and development activities in Oxford and Marlborough, Massachusetts and Burbach, Germany.
We own additional facilities and land for various purposes, such as sales and support and applications labs. We believe the existing facilities are in good operating condition and are suitable for the conduct of our operations.
ITEM 3. LEGAL PROCEEDINGS
For a discussion of legal matters, please see Note 13 to our consolidated financial statements entitled “Commitments and Contingencies - Legal Proceedings,” which is incorporated by reference into this item.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
31
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.