Indian UFLEX Ltd. Locates Manufacturing Plant in Elizabethtown, Kentucky
04/13/2011
"It is our corporate mission to become one of the most admired companies in the global flexible packaging business. Toward this objective, our group philosophy has always been to progress through internal growth and better customer service by setting up new manufacturing plants as close as possible to our major markets using state-of-the-art technology and investing in global scales of production," said Ashok Chaturvedi, chairman of UFLEX. "We are very upbeat about our U.S. manufacturing venture and look forward to a lifelong and rewarding relationship with the commonwealth of Kentucky, whom we decided to partner with after a detailed evaluation of several potential sites in the USA, as they eminently fulfilled all our criteria. The USA is the world's largest and most technologically advanced packaging market, and our first manufacturing plant here will be a high point of our leadership ambitions in this business."
The Kentucky Economic Development Finance Authority has preliminarily approved UFLEX Ltd. for tax incentives up to $20 million through the Kentucky Business Investment program.
UFLEX produces flexible packaging. It expects the first phase of the project to be operational by the end of 2012.
Project Announcements
GE Appliances Expands Jefferson County, Kentucky, Operations
06/30/2025
ValorFlex Packaging Plans Bowling Green, Kentucky, Production Operations
06/30/2025
Neuro.io Plans Terrebonne Parish, Louisiana, Operations
06/30/2025
Germany-Based MTU Maintenance Expands Fort Worth, Texas, MRO Operations
06/30/2025
Cascade Die Casting Group Expands High Point, North Carolina, Manufacturing Operations
06/30/2025
BuildOps Plans Raleigh, North Carolina, Operations
06/30/2025
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
From Silicon to Server: Mapping the Data Center Supply Chain
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
Rethinking Life Sciences Site Selection in a Resilient and Dynamic Market
Q2 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024