Aleph Objects Positioned for Continued 3D Printing Success with New Facility and Increased Access to Capital
Open source 3D printer and hardware manufacturer Aleph Objects, Inc., located in Colorado, makes the award-winning line of LulzBot 3D printers, plastics, and parts that we all know and love. The company was founded in 2011 and has been climbing the ranks ever since, and ranked as the fastest growing privately-held computer hardware company on Inc. Magazine’s 2016 Inc. 500 list. The company announced its new president, along with some partnerships and software updates, at CES 2017 a few months ago, and opened a new LulzBot 3D printer fulfillment center in Australia in early 2016. Today, Aleph Objects announced that it would be opening another new facility, and also that it has opened up a $3 million line of credit with Bank of the West.
These important physical and financial milestones will help position Aleph Objects, and its LulzBot 3D printers, for even more success in the 3D printing world.
Aleph Objects’ President, Harris Kenney, said, “Aleph Objects’ new facility and increased access to capital will drive the company’s next stage of growth in the rapidly growing 3D printing industry.”
The new facility is a three-story, 6,500-square-foot office building in near the historic downtown section of Loveland, the same city where the current 17,000-square-foot Aleph Mountain building is located. The building, named Aleph Lago (Spanish for “lake”), gives workers a view of Lake Loveland and the surrounding mountains, and will be used to supplement Aleph Mountain, housing marketing, sales, and support teams inside. In addition, the open office environment at Aleph Lago will have multiple collaborative spaces and a creative studio to produce content. Procurement, manufacturing, and shipping/receiving all take place at Aleph Mountain, and the new building will open up further space for these departments.
“We have numerous exciting development projects underway. Additional space will increase our efficiency so we can get next generation LulzBot technology in customers’ hands sooner,” said Julie Pettit, Aleph Objects’ R&D Manager.
Aleph Objects was built on the philosophy of user freedom, and keeps all of its software and hardware open source, so it can be updated and used by anyone – and recently announced a move into open source filament in an industry first. Its new facility, and the Bank of the West line of credit, will both help support the company’s “Free Software, Libre Innovation, and Open Source Hardware” ideology. The company’s executive team is planning for continued growth, as evidenced by partnerships like the one it entered into with filament manufacturers Polymaker and twoBEars a few months ago, and the financial flexibility afforded by further access to capital like this will help the company on its way.
Michelle Di Gangi, EVP of Small & Medium Enterprise Banking at Bank of the West, said, “Manufacturing continues to play a critical role in the American economy and we’re dedicated to providing businesses like Aleph Objects with the resources required for smart growth. We offer our industry expertise and global reach to help our clients and communities thrive.”
While the move to Aleph Lago is going on, visitors can still attend one of the regularly scheduled LulzBot 3D printer factory tours at Aleph Mountain, which take place every Friday afternoon at 2 pm unless the company announces otherwise. Discuss in the Aleph Objects forum at 3DPB.com.
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