MakerBot, the 3-D printing company that became the poster child for Brooklyn's creative manufacturing renaissance, is slashing its production space by more than 25% in the borough.
The company shed 65,000 square feet at Industry City, the sprawling commercial complex in Sunset Park. It also vacated another 25,000 square feet that it continues to lease at the property. Some workers were laid off and some were relocated to MakerBot's headquarters at One MetroTech Center in downtown Brooklyn, the company stated.
MarkerBot now occupies about 135,000 square feet at the complex—40% less than it had at its peak. MakerBot's spokesman said the company doesn't have plans to reduce its 37,000-square-foot headquarters office at MetroTech.
"We are continuing to evaluate options to optimize our operations and save costs at our Industry City location to better serve our customers," a spokesman told Crain's in an email.
Read Complete Article