Amid the high-profile news of Stratasys suing Bambu Lab, a smaller but still interesting piece of information surfaced: Stratasys is relocating. While the move is within the same region (the company says the new headquarters is just a 10-minute drive from the previous one), it carries a symbolic significance.
The company is moving its U.S.-based headquarters from Eden Prairie, Minnesota, to a new campus in Minnetonka. The new corporate campus, consisting of two leased buildings on the current United Health Care campus site, is expected to open its doors on January 6, 2025.
Stratasys 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.
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 was founded in Eden Prairie in 1989 by former CEO and current board member, Scott Crump. Therefore, this relocation of the headquarters is symbolic in nature.