Item 2. Properties
Item 2. PROPERTIES
Our business has approximately 19 principal locations. Our facilities include owned locations and locations leased from third parties. The principal locations, along with available space including administrative offices, are listed below:
Reporting segment Approx. Available
Space (square feet)
Owned Locations
Wendell, North Carolina USA Foil Technology Products 147,000
Chennai, India (a)
Force Sensors 129,000
Holon, Israel Foil Technology Products 97,000
Bradford, United Kingdom Weighing and Control Systems 75,000
Kent, Washington Weighing and Control Systems 47,000
Akita, Japan (b)
Foil Technology Products 46,000
Poestenkill, New York Weighing and Control Systems 32,000
Chartres, France Force Sensors 11,000
Basingstoke, United Kingdom Force Sensors/Foil Technology Products 11,000
Third-Party Leased Locations
Modi'in, Israel Foil Technology Products 121,400
Toronto, Canada Weighing and Control Systems 65,000
Tianjin, People’s Republic of China Force Sensors 34,000
Omer, Israel Foil Technology Products 24,000
Holon, Israel Foil Technology Products 18,000
Concord, California USA Foil Technology Products 16,000
Taipei, Republic of China (Taiwan) Force Sensors/Weighing and Control Systems 13,000
Teltow, Germany Foil Technology Products 11,000
Degerfors, Sweden Weighing and Control Systems 10,000
Malvern, Pennsylvania USA Corporate 8,000
(a) The Chennai building is owned and the land is held under a 99 year lease (which began in 2012).
(b) A facility on the campus is leased to Vishay Intertechnology. Approximate available space reported above excludes the area leased.
In the opinion of management, our properties and equipment generally are in good operating condition and are adequate for our present needs. We do not anticipate difficulty in renewing leases as they expire, or in finding alternative facilities.
Our corporate headquarters are located at 3 Great Valley Parkway, Suite 150, Malvern, PA 19355.
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