Item 2. Properties
Item 2. PROPERTIES
Our business has approximately 20 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 Sensors 147,000
Chennai, India (a)
Weighing Solutions 129,000
Holon, Israel Sensors 97,000
Bradford, United Kingdom Weighing Solutions 75,000
Kent, Washington Weighing Solutions 47,000
Akita, Japan (b)
Sensors 46,000
Poestenkill, New York Measurement Systems 32,000
Chartres, France Weighing Solutions 11,000
Basingstoke, United Kingdom Weighing Solutions/Sensors 11,000
Third-Party Leased Locations
Modi'in, Israel Sensors 121,400
Toronto, Canada Measurement Systems 65,000
Seal Beach, California Measurement Systems 49,000
Tianjin, People’s Republic of China Weighing Solutions 34,000
Omer, Israel Sensors 24,000
Holon, Israel Sensors 18,000
Concord, California USA Measurement Systems 16,000
Taipei, Republic of China (Taiwan) Weighing Solutions/Measurement Systems 13,000
Teltow, Germany Sensors 11,000
Degerfors, Sweden Measurement 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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