Stratasys Completes Sale of Urethane Facilities

EDEN PRAIRIE, Minn. & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (NASDAQ: SSYS) ('Stratasys' or the 'Company'), a leader in polymer 3D printi...

September 27, 2023
1:23 PM

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 company's on-demand parts service bureau. The decision to sell the non-core Urethane facilities is part o