Re: HP today...TR
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posted on
May 19, 2010 11:44AM
Major, that's the Headquarters. A list of worldwide property operation.
ITEM 2. Properties. As of October 31, 2009, we owned or leased a total of approximately 77 million square feet of space worldwide. We owned 45% of this space and leased the remaining 55%. Included in these amounts are 10 million square feet of vacated space, of which 3 million square feet is leased to non HP interests. We believe that our existing properties are in good condition and are suitable for the conduct of our business. As of October 31, 2009, HP core sales and support operations occupied approximately 12 million square feet. We own 40% of the space used for sales and support activities and lease the remaining 60%. HP core manufacturing plants, research and development facilities and warehouse and administrative facilities occupied approximately 55 million square feet. We own 46% of our manufacturing, research and development, warehouse and administrative space and lease the remaining 54%. Our plants are equipped with machinery, most of which we own and which, in part, we developed to meet the special requirements of our manufacturing processes. At the end of fiscal 2009, we are continuing to execute on our plan to reduce our real estate costs and increase our productive utilization by consolidating several hundred HP core real estate locations worldwide. As indicated above, we have seven business segments: Services, ESS, HP Software, PSG, IPG, HPFS, and Corporate Investments. Because of the interrelation of these segments, a majority of these segments use substantially all of the properties at least in part, and we retain the flexibility to use each of the properties in whole or in part for each of the segments. Principal Executive Offices Our principal executive offices, including our global headquarters, are located at 3000 Hanover Street, Palo Alto, California, United States of America. Headquarters of Geographic Operations The locations of our headquarters of geographic operations at October 31, 2009 were as follows: Americas Europe, Middle East, Africa Asia Pacific Houston, United States Geneva, Switzerland Singapore Miami, United States Tokyo, Japan Mississauga, Canada 31 Product Development and Manufacturing The locations of our major product development and manufacturing facilities and HP Labs at October 31, 2009 were as follows: Americas Europe, Middle East, Africa Hewlett-Packard Laboratories Aguadilla, Puerto Rico Leixlip, Ireland Bangalore, India Cupertino, San Diego and Woodland, Kiryat-Gat and Netanya, Beijing, China California Israel Bristol, United Kingdom Colorado Springs and Ft Collins, Amersfoort, The Netherlands Colorado Haifa, Israel Boise, Idaho Palo Alto, United States