Stratasys Announces Move to Minnetonka Campus, Enhancing Innovation and Work Environment
August 08 2024 - 8:15AM
Business Wire
Stratasys (NASDAQ: SSYS), today announced its plans to move its
U.S.-based headquarters from Eden Prairie, Minn. to a new
Minnetonka campus. With the move, Stratasys will consolidate most
Minnesota-based offices into one larger, more dynamic corporate
campus.
The new corporate campus, comprised of two leased buildings on
the current United Health Care campus site, is expected to open its
doors on January 6, 2025. It will feature the latest technology,
enhanced amenities, and thoughtfully designed work areas to inspire
innovation and creativity. This will ultimately also strengthen
Stratasys’ ability to deliver exceptional value and service to
customers and partners.
The company expects the move to increase collaboration and
productivity. It is also an opportunity to take advantage of the
current real estate environment. The new campus will offer a
compelling and attractive workspace for top talent in the
region.
“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."
Located less than 10 minutes from its current headquarters, the
easily accessible campus will facilitate closer collaboration and
engagement between research and development and manufacturing. It
will also bring corporate functions closer to the manufacturing
process, enabling the company to better meet the evolving needs of
its stakeholders.
Stratasys will maintain a presence in Eden Prairie with its
Stratasys Direct Manufacturing facility. Stratasys intends to list
the current Edenvale headquarters building and its Wallace Road
buildings for sale as staff transition to the Minnetonka site.
Stratasys Inc. was founded in Eden Prairie in 1989 by former CEO
and current board member, Scott Crump.
“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.”
About Stratasys
Stratasys is leading the global shift to additive manufacturing
with innovative 3D printing solutions for industries such as
aerospace, automotive, consumer products and healthcare. Through
smart and connected 3D printers, polymer materials, a software
ecosystem, and parts on demand, Stratasys solutions deliver
competitive advantages at every stage in the product value chain.
The world’s leading organizations turn to Stratasys to transform
product design, bring agility to manufacturing and supply chains,
and improve patient care.
To learn more about Stratasys, visit www.stratasys.com, the
Stratasys blog, Twitter, LinkedIn, or Facebook. Stratasys reserves
the right to utilize any of the foregoing social media platforms,
including Stratasys’ websites, to share material, non-public
information pursuant to the SEC’s Regulation FD. To the extent
necessary and mandated by applicable law, Stratasys will also
include such information in its public disclosure filings.
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version on businesswire.com: https://www.businesswire.com/news/home/20240807115401/en/
Media contacts:
- Chris Reese, Stratasys Corporate, Americas Region, EMEA Region
Public Relations, +1 651 357 0877
- Erik Snider, Stratasys Corporate, Global, EMEA Region and
Israel Public Relations, +972 74 745 6053
- Kalyani Dwivedi, Asia Pacific Public Relations, +91 80 6746
2606
Investor Relations
- Yonah Lloyd, Stratasys Investor Relations, +972 74 745
4919
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