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Stratasys Announces Move to Minnetonka Campus, Enhancing Innovation and Work Environment

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Stratasys (NASDAQ: SSYS) has announced plans to relocate its U.S. headquarters from Eden Prairie to a new campus in Minnetonka, Minnesota. The move, scheduled for January 6, 2025, aims to consolidate most Minnesota-based offices into a larger, more dynamic corporate campus. The new location will feature advanced technology, enhanced amenities, and thoughtfully designed work areas to foster innovation and creativity.

CEO Dr. Yoav Zeif emphasized that this move underscores Stratasys' commitment to providing employees with the necessary support and resources to promote continued innovation, teamwork, and well-being. The easily accessible campus, less than 10 minutes from the current headquarters, is expected to facilitate closer collaboration between research and development and manufacturing teams.

Stratasys (NASDAQ: SSYS) ha annunciato piani per trasferire la sua sede negli Stati Uniti da Eden Prairie a un nuovo campus a Minnetonka, Minnesota. Il trasferimento, programmato per il 6 gennaio 2025, mira a consolidare la maggior parte degli uffici basati in Minnesota in un campus aziendale più grande e dinamico. La nuova sede avrà tecnologie avanzate, servizi migliorati e spazi di lavoro progettati con attenzione per favorire l'innovazione e la creatività.

Il CEO Dr. Yoav Zeif ha sottolineato che questo trasferimento evidenzia l'impegno di Stratasys a fornire ai dipendenti il supporto e le risorse necessarie per promuovere l'innovazione continua, il lavoro di squadra e il benessere. Il campus, facilmente accessibile e a meno di 10 minuti dall'attuale sede, dovrebbe facilitare una collaborazione più stretta tra i team di ricerca e sviluppo e quelli di produzione.

Stratasys (NASDAQ: SSYS) ha anunciado planes para trasladar su sede en EE.UU. de Eden Prairie a un nuevo campus en Minnetonka, Minnesota. El traslado, programado para el 6 de enero de 2025, tiene como objetivo consolidar la mayoría de las oficinas con sede en Minnesota en un campus corporativo más grande y dinámico. La nueva ubicación contará con tecnología avanzada, comodidades mejoradas y áreas de trabajo diseñadas con atención para fomentar la innovación y la creatividad.

El CEO Dr. Yoav Zeif enfatizó que este movimiento subraya el compromiso de Stratasys de proporcionar a los empleados el apoyo y los recursos necesarios para promover la innovación continua, el trabajo en equipo y el bienestar. Se espera que el campus, de fácil acceso y a menos de 10 minutos de la sede actual, facilite una colaboración más estrecha entre los equipos de investigación y desarrollo y los de fabricación.

Stratasys (NASDAQ: SSYS)는 Eden Prairie에 있는 미국 본사를 Minnetonka, Minnesota의 새로운 캠퍼스로 이전할 계획을 발표했습니다. 이 이전은 2025년 1월 6일로 예정되어 있으며, 대부분의 미네소타 기반 사무실을 더 크고 역동적인 기업 캠퍼스로 통합하는 것을 목표로 합니다. 새로운 위치는 첨단 기술, 향상된 편의 시설 및 혁신과 창의성을 촉진하기 위해 세심하게 설계된 작업 공간을 갖추게 됩니다.

CEO Dr. Yoav Zeif는 이 이전이 Stratasys가 직원들에게 지속적인 혁신, 팀워크 및 웰빙을 촉진하기 위해 필요한 지원과 자원을 제공하겠다는 의지를 강조한다고 말했습니다. 이전 본사에서 10분도 채 걸리지 않는 접근성이 좋은 캠퍼스는 연구 개발팀과 제조팀 간의 더 가까운 협업을 촉진할 것으로 기대됩니다.

Stratasys (NASDAQ: SSYS) a annoncé des plans pour relocaliser son siège social américain d'Eden Prairie vers un nouveau campus à Minnetonka, Minnesota. Ce déménagement, prévu pour le 6 janvier 2025, vise à consolider la plupart des bureaux basés au Minnesota dans un campus d'entreprise plus grand et plus dynamique. Le nouvel emplacement sera doté d'une technologie avancée, d'équipements améliorés et d'espaces de travail soigneusement conçus pour favoriser l'innovation et la créativité.

Le PDG Dr. Yoav Zeif a souligné que ce déménagement souligne l'engagement de Stratasys à fournir aux employés le soutien et les ressources nécessaires pour promouvoir l'innovation continue, le travail d'équipe et le bien-être. Le campus facilement accessible, à moins de 10 minutes du siège actuel, devrait faciliter une collaboration plus étroite entre les équipes de recherche et développement et les équipes de fabrication.

Stratasys (NASDAQ: SSYS) hat Pläne bekannt gegeben, seine US-Zentrale von Eden Prairie auf einen neuen Campus in Minnetonka, Minnesota zu verlegen. Der Umzug, der für den 6. Januar 2025 geplant ist, zielt darauf ab, die meisten in Minnesota ansässigen Büros in einen größeren, dynamischeren Unternehmenscampus zu konsolidieren. Der neue Standort wird über moderne Technologie, verbesserte Annehmlichkeiten und durchdacht gestaltete Arbeitsbereiche verfügen, die Innovation und Kreativität fördern sollen.

CEO Dr. Yoav Zeif betonte, dass dieser Umzug das Engagement von Stratasys unterstreicht, den Mitarbeitern die notwendige Unterstützung und die Ressourcen bereitzustellen, um anhaltende Innovation, Teamarbeit und Wohlbefinden zu fördern. Der leicht erreichbare Campus, der weniger als 10 Minuten von der aktuellen Zentrale entfernt ist, soll eine engere Zusammenarbeit zwischen den Forschungs- und Entwicklungsteams sowie den Fertigungsteams ermöglichen.

Positive
  • Consolidation of offices expected to increase collaboration and productivity
  • New campus offers enhanced work environment with latest technology and amenities
  • Move aims to strengthen ability to deliver value to customers and partners
  • Opportunity to take advantage of current real estate market conditions
  • Closer proximity between corporate functions and manufacturing process
Negative
  • Potential costs associated with relocation and new lease agreements
  • Possible disruption to operations during the transition period

EDEN PRAIRIE, Minn. & REHOVOT, Israel--(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.

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

Source: Stratasys

FAQ

When is Stratasys (SSYS) moving to its new U.S. headquarters in Minnetonka?

Stratasys (SSYS) is planning to move to its new U.S. headquarters in Minnetonka on January 6, 2025.

What are the main reasons for Stratasys (SSYS) relocating its U.S. headquarters?

Stratasys (SSYS) is relocating to increase collaboration and productivity, provide an enhanced work environment, take advantage of the current real estate market, and facilitate closer collaboration between R&D and manufacturing teams.

Will Stratasys (SSYS) maintain any presence in Eden Prairie after the move?

Yes, Stratasys (SSYS) will maintain a presence in Eden Prairie with its Stratasys Direct Manufacturing facility.

How far is the new Stratasys (SSYS) campus from its current headquarters?

The new Stratasys (SSYS) campus in Minnetonka is located less than 10 minutes from its current headquarters in Eden Prairie.

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