- ExOne begins move into new European headquarters; expected to complete transition through November
- Chairman & CEO Kent Rockwell honored as facility is called the S. Kent Rockwell 3D Printing Innovation Center
NORTH HUNTINGDON, PA, September 11, 2014 – The ExOne Company (NASDAQ: XONE) (“ExOne” or “the Company”), a global provider of three-dimensional (“3D”) printing machines and printed products to industrial customers, announced today that the Company has begun transitioning into its newly competed European headquarters facility in Gersthofen, Germany, located in the district of Augsburg.
The facility comprises approximately 150,700 square feet of production, warehouse, service and R&D space in addition to approximately 27,600 square feet for offices. ExOne is consolidating its five existing leased facilities in Augsburg, which currently occupy an aggregate of approximately 77,500 square feet, into its new facility. The move is expected to provide expansion capacity to support the Company’s global growth strategy.
Rainer Hoechsmann, ExOne’s Chief Development Officer and General Manager of ExOne GmbH commented, “We are beginning to transition our activities, which include production, warehousing, a production service center, an R&D lab, as well as our European headquarters into our new location, and we expect to have completed our move through November. We are proud to dedicate our state of the art facility as the ‘S. Kent Rockwell 3D Printing Innovation Center’ in honor of the leadership and significant financial support that Kent Rockwell has made in ExOne and its innovations in 3D binder jetting technology.” Mr. Rockwell has been the leading executive of ExOne since his affiliated company purchased it in 2007, and guided the Company through its initial public offering in February 2013.
ExOne engaged GOLDBECK Süd GmbH, a turnkey provider of construction services focusing on Central Europe, Great Britain, Austria and Switzerland, for the design and construction of the facility. ExOne GmbH held a ground breaking ceremony for the construction of its new $20 million European headquarters in Gersthofen in October 2013.
ExOne is a global provider of 3D printing machines and printed products, materials and other services to industrial customers. ExOne’s business primarily consists of manufacturing and selling 3D printing machines and printing products to specification for its customers using its in‐house 3D printing machines.
ExOne offers pre‐production collaboration and prints products for customers through its eight production service centers (“PSCs”), which are located in the United States, Germany, Italy and Japan. ExOne builds 3D printing machines at its facilities in the United States and Germany. ExOne also supplies the associated materials, including consumables and replacement parts, and other services, including training and technical support, necessary for purchasers of its machines to print products.