Xerox Sells Product Design, Engineering Department
(Publish2.com partner.) Xerox announced that it will sell its Wilsonville-based facility for more than $32 million.
Xerox is selling the product design, engineering and chemistry department to its long-time partner 3-D Systems.
It makes 3-D printers, on which users custom-make parts out of everything from plastic to ceramics.
The deal calls for about 100 Xerox engineers, designers and contractors to join 3-D System's research and development arm.
Those workers are expected to remain at the Wilsonville site. 3-D's press release says the company expects to increase R&D spending by up to 100 percent over the next few years.
Connecticut-based Xerox has about 3,000 employees in Oregon. But recently it has closed call centers in North Bend and Coos Bay with a loss of about 300 jobs.
The deal is expected to be finalized by January.
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