Custom manufacturing firm Protolabs has expanded yet again, this time buying a facility in Brooklyn Park to house its growing computerized CNC manufacturing operation.
Terms of the deal were not disclosed.
The Brooklyn Park building now has 152,000 square feet, the company said Friday. It will be expanded by an additional 50,000 square feet before the end of the year.
The company will eventually house 375 workers at the site, which will focus on keeping up with customers' growing demand for customized milled products.
Demand has been driven by customers who want smaller products, especially items that connect with electronics and gadgets that can facilitate the internet of things trend, said CEO Vicki Holt.
At its new site, Protolabs will hire 150 new workers over three years but more immediately transfer 225 workers there from the company's now crowded 4-year-old Plymouth plant.
Additional workers will be hired at Plymouth to help with Protolabs' fast-growing injection molding business, Holt said. The Plymouth facility now has 558 workers.
"We are just rocking and rolling here," Holt said. "We have a great business model. We delight our customers [with quick-turn customized products] and they continue to want more. It's just a great place to be."