WOLFSPEED INC
For the period ended Jun 30, 2024. Filed Aug 22, 2024.
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FY2024 · Filed Aug 22, 2024
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Item 2. Properties
Our corporate headquarters, primary research and development operations, and primary manufacturing operations are located within our Durham, North Carolina facilities that we own, which sits on 141 acres of owned land.
Our products are also produced at owned manufacturing facilities located in Research Triangle Park (RTP), North Carolina and Marcy, New York and at leased facilities in Fayetteville, Arkansas, and Durham, North Carolina. Our RTP facility sits on 55 acres of owned land and our Marcy, New York facility sits on 55 acres of leased land.
In fiscal 2023, we purchased an existing facility in Farmers Branch, Texas, which will be used for epitaxy production. We are in the process of constructing our materials manufacturing facility in Siler City, North Carolina, which sits on 446 acres of owned land.
Some of our products are also produced at contract manufacturing facilities throughout Asia. We maintain captive lines at some of our contract manufacturers.
We also maintain sales and support offices in leased office premises in North America, Asia, and Europe.
Details on our owned and leased facilities with significant operating activities as of June 30, 2024 are as follows:
| Location | Principal Use | Approximate square footage |
|---|---|---|
| Owned Facilities | ||
| Durham, North Carolina - Silicon Drive Site | Administrative, Production and R&D | 1,004,000 |
| Marcy, New York | Production | 633,000 |
| Research Triangle Park, North Carolina | Production | 179,000 |
| Leased Facilities | ||
| Durham, North Carolina - Moore Drive | Production | 162,000 |
| Fayetteville, Arkansas | R&D/Production | 42,000 |
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