Item 2. PROPERTIES
2K characters. Original on sec.gov ·
Item 2. PROPERTIES
We conduct our operations in both owned and leased properties. Our principal executive offices and U.S. sales facilities consist of approximately 230,000 square feet and are located on Spectrum Center Boulevard in San Diego, California, in a building we own. We have our primary research and development facilities, as well as office and manufacturing facilities at our owned site in Sydney, Australia. Other facilities are leased in Atlanta, Georgia, and Moreno Valley, California, U.S.A.; Loyang and Galaxis, Singapore; Munich, Germany; Lyon, France; Suzhou, China; and Johor Bahru, Malaysia. We are establishing a new manufacturing facility in Tuas, Singapore that will eventually replace our Loyang facility.
We believe that our facilities are adequate to meet the needs of our current business operations. At June 30, 2020, our principal owned and leased properties were as follows:
| Location | Ownership Status(Owned / Leased) | Squarefootage | Primary Usage | ||
| San Diego, California | Owned | 230,000 | Corporate headquarters, sales and administration | ||
| Sydney, Australia | Owned | 224,000 | Manufacturing, engineering, research and development, sales and administration | ||
| Suzhou, China | Owned | 53,000 | Manufacturing, engineering, research and development | ||
| Atlanta, Georgia | Leased | 522,000 | Warehouse and distribution; SaaS sales and administration, engineering, research and development | ||
| Moreno Valley, California | Leased | 244,000 | Warehouse and distribution | ||
| Tuas, Singapore | Leased | 268,000 | Future manufacturing facility, currently being established | ||
| Munich, Germany | Leased | 109,000 | Sales and distribution | ||
| Loyang, Singapore | Leased | 95,000 | Manufacturing facility, engineering, research and development | ||
| Minneapolis, United States | Leased | 86,000 | SaaS sales and administration, engineering, research and development | ||
| Chatsworth, California | Leased | 72,000 | Motor manufacturing, engineering, research and development | ||
| Lyon, France | Leased | 52,000 | Sales and distribution | ||
| Halifax, Canada | Leased | 47,000 | Engineering, research and development | ||
| Johor Bahru, Malaysia | Leased | 46,000 | Engineering, research and development |
Previous: Item 1B. UNRESOLVED STAFF COMMENTS · Next: Item 3. LEGAL PROCEEDINGS