Stratasys (SSYS) Completes Sale of Urethane Facilities

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Stratasys Completes Sale of Urethane Facilities

September 27, 2023 9:23 AM EDT

Sale allows Stratasys Direct to be more focused on supporting the companys core business while enhancing efficiency and profitability

EDEN PRAIRIE, Minn. & REHOVOT, Israel--(BUSINESS WIRE)-- Stratasys Ltd. (NASDAQ: SSYS) (Stratasys or the Company), a leader in polymer 3D printing solutions, today announced that on August 31, 2023 it completed the sale of the Stratasys Direct, Inc. (Stratasys Direct) urethane facilities located in Poway, California to the Lamarjean Group, dba as PolyCraft Tech.

Stratasys Direct is the companys on-demand parts service bureau. The decision to sell the non-core Urethane facilities is... More