ExOne Announces European Facility Expansion in Germany

ExOne announced that it has purchased land and will soon begin construction on a new facility in Gersthofen, Germany, in the district of Augsburg.

Upon completion, which is estimated to occur in the latter half of 2014, the facility will comprise approximately 150,700 square feet of production, warehouse, service and research and development space, as well as approximately 27,600 square feet for offices. ExOne will consolidate its five existing leased facilities in Augsburg, providing expansion capacity to support its global growth strategy.

"We were fortunate to secure a strategic location for our new facility, located in an industrial region directly on a German autobahn," said Rainer Hoechsmann, general manager of ExOne. "This provides easy access to our growing customer base, our vendors, as well as our employees.  Consolidating all of our activities, which include production, warehousing, a production service center, an R&D lab, as well as our European headquarters, into a single facility will further improve our efficiency, enhancing our ability to service our customers."

For more information, visit ExOne.

Sources: Press materials received from the company and additional information gleaned from the company's website.