ONTO INNOVATION INC
For the period ended Dec 28, 2024. Filed Feb 25, 2025.
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FY2024 · Filed Feb 25, 2025
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Item 2. Properties
Our principal executive office building is located at 16 Jonspin Road in Wilmington, Massachusetts. We own our Milpitas facility and lease facilities for corporate, engineering, manufacturing, sales and service-related purposes in the United States and seven other countries - China, Japan, South Korea, Singapore, Taiwan, Malaysia and Vietnam. The following table indicates the location, the general purpose and the square footage of our material facilities. Our leases expire at various times through July 1, 2029.
| Location | Facility Purpose | ApproximateSquareFootage |
|---|---|---|
| Wilmington, Massachusetts | Corporate Headquarters, Engineering, Manufacturing and Service | 77,500 |
| Milpitas, California | Engineering, Manufacturing, Service and Administration | 134,600 |
| Budd Lake, New Jersey | Engineering, Service and Administration | 48,900 |
| Bloomington, Minnesota | Engineering, Manufacturing, Service and Administration | 98,700 |
| Bend, Oregon | Engineering and Service | 12,700 |
| Hillsboro, Oregon | Engineering and Service | 10,000 |
| Snoqualmie, Washington | Engineering and Service | 20,300 |
| Tucson, Arizona | Engineering, Manufacturing and Service | 18,900 |
| Taiwan | Sales and Service | 38,600 |
| China | Sales, Service and Engineering | 26,700 |
| South Korea | Sales and Service | 29,200 |
| Japan | Sales and Service | 13,300 |
| Singapore | Sales and Service | 9,800 |
We also lease office space for other smaller sales and service offices in several locations throughout the world.
We believe that our existing facilities and capital equipment are adequate to meet our current requirements and that suitable additional or substitute space is available on commercially reasonable terms if needed.
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