Seagate 2010 Annual Report Download - page 42

Download and view the complete annual report

Please find page 42 of the 2010 Seagate annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 285

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216
  • 217
  • 218
  • 219
  • 220
  • 221
  • 222
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • 232
  • 233
  • 234
  • 235
  • 236
  • 237
  • 238
  • 239
  • 240
  • 241
  • 242
  • 243
  • 244
  • 245
  • 246
  • 247
  • 248
  • 249
  • 250
  • 251
  • 252
  • 253
  • 254
  • 255
  • 256
  • 257
  • 258
  • 259
  • 260
  • 261
  • 262
  • 263
  • 264
  • 265
  • 266
  • 267
  • 268
  • 269
  • 270
  • 271
  • 272
  • 273
  • 274
  • 275
  • 276
  • 277
  • 278
  • 279
  • 280
  • 281
  • 282
  • 283
  • 284
  • 285

Table of Contents
ITEM 2. PROPERTIES
Our company headquarters are located in Ireland, while our U.S. executive offices are located in Cupertino, California. Our principal
manufacturing facilities are located in China, Malaysia, Northern Ireland, Singapore, Thailand and Minnesota. Our principal product
development facilities are located in California, Colorado, Minnesota, Massachusetts and Singapore. Our leased facilities are occupied under
leases that expire at various times through 2022.
Our material manufacturing, product development and marketing and administrative facilities at July 1, 2011 are as follows:
As of July 1, 2011, we owned or leased a total of approximately 11.9 million square feet of space worldwide. We occupied approximately
6.6 million square feet for the purpose of manufacturing, 1.3 million square feet for product development, 1.5 million square feet for marketing
and administrative purposes and subleased 0.9 million square feet. Included in the 11.9 million square feet of owned or leased space is a total of
1.6 million square feet that is currently unoccupied, primarily as a result of site closures at our facilities in Longmont, Colorado; Ang Mo Kio
(AMK), Singapore; Milpitas, California; Scotts Valley, California; and Pittsburgh, Pennsylvania. We believe that our existing properties are in
good operating condition and are suitable and adequate for the operations for which they are used. As of July 1, 2011, all of our material
manufacturing facilities are operating at normal utilization levels and none of our manufacturing facilities are experiencing significant
underutilization.
In August 2009, we announced that we will close our AMK facility in Singapore. Manufacturing operations at this facility have ceased as of
the third quarter of fiscal year 2011. Our hard drive manufacturing operations have been relocated to other existing facilities and our Asia
International Headquarters (IHQ) remains in Singapore. The closure did not meaningfully change production capacity.
39
Location Building(s)
Owned or Leased Approximate
Square Footage Use
United States
California
Fremont
Leased
157.925
Product development
Cupertino
Owned
141,598
Marketing and administrative
Colorado
Owned
528,479
Product development
Minnesota
Owned
1,084,783
Manufacture of recording heads and product
development
Oklahoma
Owned/Leased
145,461
Administrative
Massachusetts
Leased
89,185
Product development
Europe
Northern
Ireland
Springtown
Owned
478,800
Manufacture of recording heads
Asia
China
Suzhou
Owned
(1)
1,047,787
Manufacture of drives
Wuxi
Leased
562,479
Manufacture of drives and drive subassemblies
Malaysia
Johor
Owned
(1)
630,500
Manufacture of substrates
Penang
Owned
(1)
390,254
Manufacture of drive subassemblies
Singapore
Woodlands
Owned
(1)
1,404,049
Manufacture of media
Ang Mo Kio
Leased
701,474
Administrative, manufacturing support, and
product development
Science Park
Leased
100,850
Product development
Thailand
Korat
Owned
1,162,846
Manufacture of drives and drive subassemblies
Teparuk
Owned
362,028
Manufacture of drive subassemblies
(1)
Land leases for these facilities expire at varying dates through 2067.