Pflugerville Community Development Corporation Recruited and Negotiated Deal Securing EOS of North America, Inc. with 44,680 Square Feet Lease at 130 Commerce Center; 75 Jobs
Pflugerville, TX — Pflugerville Community Development Corporation’s (PCDC) Interim Executive Director Amy Madison today announced EOS, a global market leader in industrial 3D- printing technology, will expand business operations and establish North American headquarters at Pflugerville’s 130 Commerce Center.
This move is projected to create 75 new jobs in Pflugerville within the next three years. Within the last two weeks the PCDC has successfully signed leases for more than 60,000 square feet of office and light industrial space at Pflugerville’s 130 Commerce Center.
“Pflugerville offers EOS access to a diverse and talented workforce and major transportation corridors that have made Central Texas a growing hub for high-tech industries in the United States,” said PCDC Interim Executive Director Amy Madison. “These resources are critical for an innovative technology leader looking to further expand its market share with major aerospace, medical, automotive, tooling, consumer, and industrial organizations. They need a community where they can continue to grow and evolve — Pflugerville is that place.”
PCDC recruited EOS and negotiated the deal that will move aspects of regional applications, inventory, and research and development operations from outside Detroit, Michigan, to Pflugerville. Company global headquarters will remain in Germany while Pflugerville will become home to EOS’ North American headquarters. The Pflugerville City Council approved the deal on Oct. 27.
Under terms of the performance agreement, EOS will lease 44,680 square feet of space at the 130 Commerce Center and hire 20 full-time employees making an average yearly wage of $70,000 plus health benefits. The company looks to increase the number of jobs to 75 within three years. It is expected that EOS operations will be in place in Pflugerville by December.
“Utilizing groundbreaking and innovative 3D printing, EOS will harness powerful laser technology to design customized products here in Pflugerville,” said Pflugerville Mayor Jeff Coleman. “During the company’s 25 years, they’ve been recognized as a world leader with an international reputation in manufacturing systems used in 3D printing, introducing a variety of methods and specialization in precision surface machining. From their first offices in Munich, Germany to Shanghai, China, EOS is a growing company with a great future, and we are proud to have them expand their North American operations with headquarters in Pflugerville.”
EOS chose to expand in Pflugerville for the convenience to greater Austin-area amenities, the location on Highway 130, and access to the airport and major shipping centers needed to support EOS business enterprises.
“EOS already has a strong technical and management presence in Central Texas and the move to Pflugerville gives us business stability during a time of high growth,” said EOS Chief Operating Officer Donald Vanelli. “What we most needed was the ability to get our operations concentrated into a good location quickly and efficiently without the time-consuming challenge of having to build and develop from the ground up. The Pflugerville Community Development Corporation was essential to making this move happen and we look forward to expanding our customer services and application support in North America.”
EOS develops and markets industrial 3D-printing technology, also referred to as additive manufacturing (AM), used by companies around the world for manufacturing complex geometries unobtainable via conventional manufacturing methods. The process is a manufacturing game changer by which 3D design data is used to build up a component layer by layer. Essentially, EOS provides the infrastructure including the systems, software, materials, material development, consultation, and services to enable a company to utilize industrial 3D printing and AM applications.
EOS opened North America operations in 2001 and recently celebrated its 26th anniversary. The company employs more than 700 employees worldwide, with customers in over 50 countries and close to 3,000 systems installations worldwide.
For more information about the PCDC or to set up an interview with Interim Executive Director Amy Madison, please contact Lindsey Pope at (512) 626-1591 or email her here.
About the Pflugerville Community Development Corporation
The Pflugerville Community Development Corporation promotes Pflugerville as a desirable place for new businesses to operate. The organization also supports existing businesses by helping to address their needs. PCDC can provide funding for use as an incentive to businesses to begin doing business in Pflugerville. PCDC funds, which are 4B money generated from a half-cent of the city’s sales tax revenue, can also be used to construct needed infrastructure such as roads, utilities and drainage projects. Located 16 miles northeast of Austin and just south of Round Rock, Pflugerville is well situated in Central Texas. New state highways 45 and 130 and Interstate Highway 35 all offer direct access to other nearby cities and the region’s main airport.
About EOS
Founded in 1989, EOS is the global technology and quality leader for high-end additive manufacturing (AM) solutions. As the leading pioneer of Direct Metal Laser Sintering (DMLS™) technology, EOS also provides a unique polymer AM portfolio. For these industrial 3D-printing processes, EOS offers a modular solution portfolio including systems, software, materials, technical and consulting services. EOS is the partner of choice for industrial AM production, enabling sustainable solutions for the industry. Customers utilizing EOS AM solutions gain many benefits from the paradigm-shifting technology: lightweight structures, cost reduction based on functional integration, individualization as well as accelerated product development and production. For more information, visit www.eos.info.
Source: PFdevelopment.com