MiniMed Group, Inc. 10-K

Item 2. Properties MiniMed’s principal executive office is located in Northridge, California. The Northridge facility is 508,000 square feet in total and primarily serves as our corporate headquarters, and as a manufacturing and research and development hub. We lease the underlying land and own the buildings on the land. MiniMed also has a property in Juncos, Puerto Rico. The Juncos facility is 252,000 square feet and is primarily used as a manufacturing facility. MiniMed owns the land and the buildings on the land. MiniMed’s total manufacturing and research space is approximately 838,000 square feet. Approximately 94 percent of the manufacturing and research facilities are owned by MiniMed and the remaining balance is leased. The Company’s largest manufacturing facilities are located in the U.S and Puerto Rico. MiniMed also maintains leased sales and administrative offices outside the U.S. at approximately 42 locations in over 19 countries. The Company uses substantially all of its currently available productive space to develop, manufacture, and market its products. The Company’s facilities are well-maintained, suitable for their respective uses, and adequate for current needs.