Consultants Forum Advertise
Subscribe
Close

  • Free for qualified executives and consultants to industry

  • Receive quarterly issues of Area Development Magazine and special market report and directory issues

Subscribe Now
Renew

Area Development - Site Selection, Facility Planning and Workforce Development

Sweden-Based The Lamiflex Group Plans Borden, Indiana, U.S. Manufacturing Operations

10/04/2025
Sweden-based The Lamiflex Group, a company specializing in industrial packaging solutions, plans to establish operations in Borden, Indiana. The $5.04 million project is expected to create 62 jobs by 2027.

The company’s new production facility, located at the Borden Business Park, will manufacture and warehouse a variety of plastic components.

“We are excited to locate Lamiflex’s operations to Southern Indiana—a region that offers both strategic advantages and a strong sense of community,” said Phil Yu, Board Member of Lamiflex. “While our decision has been guided by technical and financial considerations, we’re equally committed to making a meaningful, long-term impact. We look forward to investing in the region, creating quality jobs, and becoming an engaged partner in the community’s continued growth.”

To support the project the Indiana Economic Development Corporation (IEDC) committed an investment in Lamiflex up to $750,000 in the form of incentive-based tax credits. These tax credits are performance based, meaning the company is eligible to claim incentives once Hoosiers are hired.

“Lamiflex’s investment is demonstrated through their selection of Borden, IN as their first U.S. production facility,” noted Lance Allison, President and CEO of One Southern Indiana Chamber of Commerce and Economic Development. “Not only will this greatly benefit the community through full-time work at competitive wages, but it will also be a benefit to Lamiflex’s growing international presence. We look forward to supporting their continued success as they pursue this opportunity.”

The Lamiflex Group is a supplier of transport packaging solutions, specializing in materials, machines, and services for the steel, aluminum, cable, and oil & gas industries.

Exclusive Research