Stratasys (Minneapolis, Minnesota), a manufacturer of 3D printers, recently hosted a ribbon-cutting event for a 90,000-square-foot production facility purchased late last year. According to the company, the new building’s opening reflects its optimism about the economy and its competitive prospects. “We’re putting our money where our mouth is,” says Scott Crump, CEO. “It’s evidence of our product’s market acceptance.”
According to the company, the new facility will be used to expand production capacity for machines and consumables later this year. It will also be used to streamline and consolidate warehousing and shipping operations. The added space has already facilitated reorganizing operations among four buildings in the company’s Eden Prairie, Minnesota campus, and it has enabled expanding machine assembly into the company’s existing manufacturing building.