RE: [rp-ml] Headed to South Carolina; 3D Systems is moving its HQ...

From: Rose & Crangle, Ltd. (rcltd@nckcn.com)
Date: Tue Nov 08 2005 - 16:43:03 EET


Why? I didn't see it coming ... The founders were committed to their
current locations. I guess I'm out of touch. Does this mean the
current boss likes Charlotte? Any return on "investment" for such a
move will take years.

Bob Crangle

Rose & Crangle, Ltd
117 N. 4th Street, PO Box 285
Lincoln, KS 67455
 
785 524 5050 (fax 3130)
 

-----Original Message-----
From: owner-rp-ml@rapid.lpt.fi [mailto:owner-rp-ml@rapid.lpt.fi] On
Behalf Of James P. Harrison
Sent: Tuesday, November 08, 2005 7:17 AM
To: rp-ml@rapid.lpt.fi
Subject: Re: [rp-ml] Headed to South Carolina; 3D Systems is moving its
HQ...

I think we all saw this one coming. No surprises here.

Jim

James P. Harrison
harrjp@juno.com
954-432-6650
Pembroke Pines, FL.

-- EdGrenda@aol.com wrote:
Hi Folks:

Below is an interesting spot of news that Elaine Hunt has been trying
without
success to post to the list:

Ed Grenda
Castle Island Co.
19 Pondview Road
Arlington, MA 02474 USA
781-646-6280 (voice or fax)
EdGrenda@aol.com (email)

The Worldwide Guide to Rapid Prototyping
http://home.att.net/~castleisland/

>>
In a message dated 05-11-07 15:56:08 EST, Elaine Hunt writes:

<<
 Valencia Firm Headed to South Carolina
 3D Systems combining local and Colorado locations.
 
 11/5/2005
 
 3D Systems Corporation, a leading provider of rapid 3-D printing,
 prototyping and manufacturing solutions, announced Thursday that it
will be
 consolidating its Valencia and Grand Junction, Colo., facilities into a
new
 major headquarters in Rock Hill, S.C.
 
 Currently headquartered in Valencia, company officials have cited a
number
 of reasons for the move, including increased profits, cost reductions,
 expansion requirements and growth projections.
 
 "The decision to move to the greater Charlotte area was made after an
 extensive and thorough review of a number of locations and a variety of
key
 operating and strategic factors," Abe Reichental, 3D Systems' president
and
 CEO, said in a statement. "(These factors) include meeting our growth
and
 expansion requirements within a business-friendly environment,
achieving
 sustained operating-cost reductions in a competitive region of the
country,
 improving employee development and recruitment costs and employee
retention
 by becoming an employer of choice in the Charlotte region, and locating
in
 closer proximity to our customers, partners and suppliers."
 
 Reichental added that the company expects to realize facilities and
 operating-cost savings in excess of $2.5 million per year beginning in
2007.
 
 The estimated pre-tax cost of this relocation and consolidation should
be
 in the range of $8 to $10 million, Reichental said. "We currently
expect to
 incur approximately $1.3 million of these total estimated expenses in
the
 fourth quarter of 2005 and the balance of these costs in 2006," he
added.
 
 The move will affect the 145 employees of the Valencia and Grand
Junction
 facilities, but how much is uncertain. Reichental said many of the
 employees will move with the company to the new headquarters.
 However, some will inevitably be unable to make the move.
 
 The company intends to establish an initial base of operations in Rock
Hill
 and commence local operations there before the end of 2005. The move is

 expected to be completed by Sept. 30, 2006.
 
 
************************************************************************
*************
 Get busy living or continue on dying
                          Shawshank Redemption
 
************************************************************************
************
 
 Elaine Hunt
 
 843-760-4519 (Voice)
 ehunt@clemson.edu
 hunt@scra.org
>>

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