NOVANTA INC
For the period ended Dec 31, 2023. Filed Feb 28, 2024.
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FY2023 · Filed Feb 28, 2024
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Item 2. Properties
Our principal owned and leased properties as of December 31, 2023 are listed in the table below.
| Location | Principal Use | Current Segment | Approximate Square Feet | Owned/Leased |
|---|---|---|---|---|
| Bedford, MassachusettsUnited States | Manufacturing, R&D, Marketing, Sales and Administration | Precision Medicine and Manufacturing, Medical Solutions, Robotics and Automation & Corporate | 147,000 | Leased; expires in 2031 |
| Apex, North CarolinaUnited States | Manufacturing, R&D, Marketing, Sales and Administration | Robotics and Automation | 117,000 | Leased; expires in 2028 |
| LudwigsstadtGermany | Manufacturing, and Administration | Medical Solutions | 105,000 | Owned |
| PřeloučCzech Republic | Manufacturing, and Administration | Medical Solutions | 95,000 | Owned |
| WackersdorfGermany | R&D | Precision Medicine and Manufacturing | 68,000 | Owned |
| Mukilteo, Washington, United States | Manufacturing, R&D, Marketing, Sales and Administration | Precision Medicine and Manufacturing | 63,000 | Owned |
Additional manufacturing, research and development, sales, service and logistics sites are located in California, Connecticut, Florida, Michigan, New York, and Oregon within the United States, and in China, Czech Republic, Germany, Italy, Japan, Spain and the United Kingdom. These additional facilities cover approximately 630,000 square feet, of which approximately 520,000 square feet are leased and approximately 110,000 square feet are owned. These facilities are used by our Precision Medicine and Manufacturing, Medical Solutions and Robotics and Automation segments.
We consider our facilities suitable and adequate for the purposes for which they are used and do not anticipate difficulty in renewing existing leases or in finding alternative facilities. We believe all our properties have been properly maintained.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.