NOVANTA INC
For the period ended Dec 31, 2024. Filed Feb 25, 2025.
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FY2024 · Filed Feb 25, 2025
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Item 2. Properties
Our principal owned and leased properties as of December 31, 2024 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 | Automation Enabling Technologies, Medical Solutions, Corporate | 147,000 | Leased; expires in 2031 |
| Apex, North CarolinaUnited States | Manufacturing, R&D, Marketing, Sales and Administration | Automation Enabling Technologies | 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 | Automation Enabling Technologies | 68,000 | Owned |
| Mukilteo, Washington, United States | Manufacturing, R&D, Marketing, Sales and Administration | Automation Enabling Technologies | 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 670,000 square feet, of which approximately 560,000 square feet are leased and approximately 110,000 square feet are owned.
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.
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