Item 2. Properties
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Item 2. Properties
As of February 7, 2025, the material properties that we used in connection with our business, serving all segments, are as follows. We believe these properties are suitable and adequate for our current business operations.
| Location | Approximate Operating Size in Sq. Ft. (In thousands) | Owned vs. Leased | Purpose | ||||||||
| Elgin, Illinois, U.S. | 301 | Leased | Manufacturing, assembly, staging and distribution | ||||||||
| Schaumburg, Illinois, U.S. | 282 | Leased | Research & development and customer support | ||||||||
| Penang, Malaysia | 254 | Leased | Distribution, research & development and corporate administrative | ||||||||
| Krakow, Poland | 191 | Leased | Research & development and corporate administrative | ||||||||
| Plantation, Florida, U.S. | 172 | Leased | Research & development and corporate administrative | ||||||||
| Tel Aviv, Israel | 139 | Leased | Research & development and corporate administrative | ||||||||
| Allen, Texas, U.S. | 138 | Owned | Research & development and corporate administrative | ||||||||
| Schio, Italy | 125 | Leased | Manufacturing, engineering, administrative | ||||||||
| Chicago, Illinois, U.S. | 102 | Leased | Corporate administrative (global headquarters) | ||||||||
| Vancouver, BC, Canada | 70 | Leased | Corporate administrative |
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