Protolabs Celebrates 20 Years of Digital Manufacturing with Grand Opening of New Facility
May 16 2019 - 9:00AM
Business Wire
New advanced manufacturing facility spotlights
company’s two decades of growth
Digital manufacturer Protolabs (NYSE: PRLB) is celebrating its
20-year anniversary with today’s grand opening of its
state-of-the-art advanced manufacturing facility in Brooklyn Park,
Minn. The 215,000 sq. ft. CNC machining facility, which currently
houses nearly 300 mills and lathes, is Protolabs’ eighth
manufacturing plant in the United States, and 12th globally.
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There are nearly 300 mills and lathes at
Protolabs' new 215,000 sq. ft. advanced manufacturing facility in
Brooklyn Park, Minn. The facility is the company's 12th plant
globally. Credit: Protolabs
The new facility is the centerpiece of Protolabs’ 20th
anniversary—a milestone the company reached in May. Founded in
1999, Protolabs has seen aggressive growth over the past two
decades due to its manufacturing model that couples digital
front-end part analysis with automated toolpathing to produce
custom machined components in as fast as 24 hours.
“We are truly living in an on-demand consumer economy and that’s
no different for manufacturing. Our customers are hungry for
manufacturing partners that can see their products through
ever-shrinking life cycles and Protolabs is uniquely positioned to
serve our customers’ needs from early prototyping to on-demand
production,” explained Vicki Holt, President and CEO at
Protolabs.
The global digital manufacturer now serves more than 45,000
unique product developers each year, across three continents and 60
countries. Over the past 20 years Protolabs has grown in
capabilities with four flagship services and 11 manufacturing
technologies, and has added capacity with more than 1 million sq.
ft. of manufacturing space that houses over 1,000 machines
producing nearly 4 million parts each month.
“Protolabs has exceeded my wildest dreams,” said Larry Lukis,
Protolabs’ founder. “The company was born out of personal
frustration that manufacturing parts took months, when it could
take days or even minutes. There needed to be a way to make it
easier and faster for product developers to get prototype parts and
accelerate development cycles. Protolabs has achieved that goal and
made advanced manufacturing technologies accessible for everyone,
from makers to startups to Fortune 500 companies.”
An official grand opening celebration and ribbon-cutting
ceremony will be held from 2 to 5 p.m. today at the Brooklyn Park
facility, providing community and industry leaders with an
opportunity see the smart facility firsthand.
About ProtolabsProtolabs is a leading digital
manufacturing source for rapid prototyping and on-demand
production. The company produces custom parts and assemblies in as
fast as one day with automated 3D printing, CNC machining, sheet
metal fabrication, and injection molding processes. Its digital
approach to manufacturing enables accelerated time to market,
reduces development and production costs, and minimizes risk
throughout the product life cycle. Visit protolabs.com for more
information.
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version on businesswire.com: https://www.businesswire.com/news/home/20190516005193/en/
Alex CardenasHighwire for Protolabs650-218-8576
Sarah EkenbergMarketing Manager, PR & Media763-479-7560
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