HURCO COMPANIES INC
For the period ended Oct 31, 2023. Filed Jan 5, 2024.
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FY2023 · Filed Jan 5, 2024
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Item 2. PROPERTIES
The following table sets forth the principal use, location, and size of each of our facilities:
| · · · · | |||
|---|---|---|---|
| Principal Uses · · Locations · · Square Footage | |||
| Corporate headquarters, design and engineering, product testing, sales and marketing, application engineering, customer service, manufacturing and assembly | Indianapolis, Indiana, U.S. | 184,200 | |
| | |||
| Manufacturing, assembly, sales, application engineering and customer service | Taichung, Taiwan | 485,100 | |
| | Castell’Alfero, Italy | 32,300 | |
| | |||
| Manufacturing | Ningbo, China | 31,000 | |
| | |||
| Sales, application engineering, customer service, and warehousing | High Wycombe, England | 26,300 | |
| | Paris, France | 12,800 | |
| | Munich and Verl, Germany | 20,900 | |
| | Milan, Italy | 12,900 | |
| | Venlo, the Netherlands | 9,700 | |
| | Toh Guan, Singapore | 5,600 | |
| | Shanghai, Dongguan and Kunshan, China | 9,700 | |
| | Chennai and Pune, India | 16,700 | |
| | Liegnitz, Poland | 1,000 | |
| | Grand Rapids, Michigan, U.S. | 3,700 | |
| | Los Angeles, California, U.S. | 11,400 | |
| | Stritez, the Czech Republic | | 5,500 |
We own the Indianapolis facility and lease all other facilities. The leases have terms expiring at various dates ranging from January 2024 to July 2032. We believe that all of our facilities are well maintained and are adequate for our needs now and in the foreseeable future. We do not believe that we would experience significant difficulty in replacing any of the currently leased facilities if any of our leases were not renewed at expiration.
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