STONERIDGE INC
For the period ended Dec 31, 2023. Filed Mar 1, 2024.
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FY2023 · Filed Mar 1, 2024
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Item 2. Properties
At December 31, 2023, the Company owned or leased seven manufacturing facilities, which together contain approximately 0.9 million square feet of manufacturing space. Of these manufacturing facilities, two are used by our Control Devices reportable segment, four are used by our Electronics reportable segment and one is used by our Stoneridge Brazil reportable segment. The following table provides information regarding our facilities:
| Location | Owned/Leased | Use | SquareFootage |
|---|---|---|---|
| Control Devices | |||
| Lexington, Ohio | Owned | Manufacturing/Engineering | 219,612 |
| Suzhou, China (A) | Leased | Manufacturing/Engineering/Sales Office | 145,033 |
| El Paso, Texas (A) | Leased | Warehouse | 57,000 |
| Lexington, Ohio | Leased | Warehouse | 15,000 |
| Novi, Michigan | Leased | Engineering | 6,398 |
| Electronics | |||
| Juarez, Mexico (B) | Owned | Manufacturing/Engineering | 235,035 |
| Tallinn, Estonia | Leased | Manufacturing/Engineering | 85,911 |
| Orebro, Sweden | Leased | Manufacturing/Engineering | 77,472 |
| Barneveld, Netherlands | Owned | Manufacturing/Engineering | 62,700 |
| Stockholm, Sweden | Leased | Engineering/Division Office | 41,248 |
| Bayonne, France | Leased | Sales Office/Warehouse | 9,655 |
| Dundee, Scotland | Leased | Sales Office/Engineering | 4,683 |
| Gothenburg, Sweden | Leased | Engineering | 710 |
| Stoneridge Brazil | |||
| Manaus, Brazil | Owned | Manufacturing | 94,103 |
| Campinas, Brazil | Owned | Engineering/Division Office | 45,467 |
| Hortolândia, Brazil | Leased | Sales Office | 3,229 |
| Buenos Aires, Argentina | Leased | Sales Office | 4,532 |
| Serra, Brazil | Leased | Sales Office | 344 |
| Corporate and Other | |||
| Novi, Michigan (A, B) | Leased | Headquarters/Division Office | 37,713 |
| Esslingen, Germany | Leased | Sales Office | 1,722 |
(A)This facility is also used in the Electronics reportable segment.
(B)This facility is also used in the Control Devices reportable segment.
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