3D printing giant Stratasys’  love affair with the Startup Nation is nothing new; it merged with Israeli company Objet in 2012 and moved its headquarters to the central Israeli city of Rehovot. Now Stratasys announced that its newest plant in Israel will be the most advanced 3D printer factory in the world.

Report: Stratasys Opens ‘World’s Most Advanced’ 3D Printer Factory In Israel
     SEE ALSO: Israeli 3D Printing Co ‘Objet’ Merges With American ‘Stratasys’

Now the company plans to open the world’s most advanced 3D printer manufacturing company in Kiryat Gat, a southern Israeli city that is already home to tech giants like Intel, which recently injected $6 billion into its chip plant there, HP, Kinetics and many more. Though little is known about the new plant, which opened this past Monday, Stratasys CEO David Reis said that the new plant will hire hundreds of new employees in the southern and coastal regions of Israel, a statement that made Finance Minister Yair Lapid more than happy. At the inauguration of the new plant, Lapid praised Stratasys technological breakthroughs and its keen commitment to keep its industry and manufacturing in Israel.

Report: Stratasys Opens ‘World’s Most Advanced’ 3D Printer Factory In IsraelFinance Minister Yair Lapid at plant’s inauguration

     SEE ALSO: Israeli 3D Printing Makes Life-Saving Blood Recycling Machine 96 Percent Cheaper

Indeed, Stratasys is a source for Israeli pride; the company is in the country’s top-ten stocks traded abroad with an impressive market cap of $6 million. In addition, the company invests in the native ecosystem by hiring local engineers, developers and employees, and by establishing offices across Israel. Though Stratasys originated as an American company, founded by S. Scott Crump in Minnesota, the industry-leader quickly realized the talent and development potential in Israel.

Now the company is quickly sealing its place as one of the biggest 3D printing companies in the world. Last year Stratasys acquired the creator of the 3D printers for at-home use, MakerBot, as well as Solid Concepts this summer, the world leader in rapid prototyping through 3D printing (also known as additive manufacturing).

Photo: Creative Tools/ Future Manufacturing

Report: Stratasys Opens ‘World’s Most Advanced’ 3D Printer Factory In Israel

Related Posts

Objet - Technology News - IsraelIsraeli 3D Printer Co ‘Objet’ Merges With American ‘Stratasys’

Stratasys-AdidasThese Awesome Shoes Were Printed Using The World’s First Color 3D-Printer

Technology News: Meet The Israeli Company That Wants To Put A 3D Printer In Every HomeMeet The Israeli Company That Wants To Put A 3D Printer In Every Home

solar panel africa3D Printing: How The Technology Brings Energy And Hope To The Third World