Proto Labs Purchases Plymouth Industrial Building

(RTTNews) - Proto Labs Inc. (PRLB), online and technology-enabled quick-turn manufacturer, announced that it has purchased the Plymouth Industrial Building at 2600 Niagara Lane, Plymouth, MN.

This new manufacturing location will add an additional 175,000 square feet of manufacturing space to accommodate Proto Labs' rapidly growing Protomold service, which provides quick-turn injection molding and its Firstcut service, which provides quick turn CNC machining.

Proto Labs stated that it intends to invest upwards of $15 million to acquire, clean-up and rehabilitate the building, and to build out the interior infrastructure to accommodate its operation. The building is expected to be operational in the Spring of 2014 and when fully utilized, will employ up to 350 people.