Proto Labs, Inc., a leading online and technology-enabled quick-turn manufacturer, purchased the Plymouth Industrial Building at 2600 Niagara Lane, Plymouth, Minnesota
. The firm intends to invest upwards of $15 million dollars to acquire and rehabilitate the building.
The company will build-out the interior infrastructure at its new facility and add an additional 175,000 square feet of operational space. The project will accommodate Proto Labs’ rapidly growing Protomold service, which provides quick-turn injection molding and its Firstcut service, a process that includes quick turn CNC machining.
“Proto Labs new Plymouth building will be our fifth building at three different locations in the Twin Cities area,” said President and CEO Brad Cleveland. “Proto Labs multi-million dollar investment in acquiring and rehabilitating this property in Plymouth will help facilitate the continued successful growth of our business.” The building is expected to be operational in the Spring of 2014 and when fully utilized, will employ up to 350 people.