3D printer manufacturer Stratasys announced plans to relocate its U.S. headquarters from Eden Prairie, Minnesota, to a new campus in Minnetonka. With the move, Stratasys will consolidate most of its Minnesota operations into a larger, more dynamic corporate campus.
The goal of the move is to increase collaboration and productivity within the organization. The decision comes at a time when the real estate market in the region offers favorable conditions. According to Stratasys, the new working environment will offer state-of-the-art technology as well as creative and innovative workspaces. The relocation is also part of a strategy to attract talented professionals from the region and further strengthen the corporate culture.
“Our success as the leader and original founder of industrial 3D printing is based on a strong company culture that traces its 35-year heritage to this very region. Our new U.S. headquarters will provide an enhanced work environment for our employees,” said Dr. Yoav Zeif, CEO, Stratasys. “This move underscores our dedication to providing the Stratasys team with all of the support and resources they need to foster continued innovation, teamwork, and employee well-being.”
The new location is less than ten minutes away from the current headquarters and will facilitate the exchange between research, development and production. This will enable Stratasys to better meet the needs of its customers and partners. Corporate functions will also be more efficient thanks to the proximity to production.
“There is a lot of excitement amongst our employees about the prospects of consolidating our campuses,” said Rich Garrity, Chief Industrial Business Officer, Stratasys. “This move emphasizes our commitment to growth, positions us for continued success and allows us to create the environment our employees seek.”
Stratasys will maintain its Stratasys Direct Manufacturing facility in Eden Prairie, but plans to offer its current headquarters and other buildings for sale once the move to Minnetonka is complete.
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