An Indian company that produces flexible packaging materials has selected Hardin County as the site of its first United States manufacturing operations.
UFLEX Ltd. plans to build its new Elizabethtown plant in phases, with the first phase initially creating 125 new jobs and representing a $90 million investment. The project will ultimately double in scope for a total investment of at least $180 million and 250 jobs.
UFLEX currently produces an extensive range of packaging materials at manufacturing facilities in India, Dubai, Mexico and Egypt and is preparing to open another facility in Poland. The company has a market presence in 110 countries.
“It is our corporate mission to become one of the most admired companies in the global flexible packaging business,” said Ashok Chaturvedi, chairman of UFLEX. “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.”
UFLEX’s decision to locate in Kentucky stems from Gov. Steve Beshear’s first economic development trip to India last fall. After learning about the state’s interest in increasing investment opportunities for foreign companies, UFLEX officials made their first site visit to Kentucky in January. After considering at least six other states for its first U.S. facility, the company settled on the Hardin County site.
“Today’s announcement that UFLEX will locate its first U.S. operation in the commonwealth demonstrates the value of our steadfast efforts to promote economic development opportunities on a global scale,” said Beshear. “India is one of the largest and fastest-growing economies in the world and represents unlimited potential for cultivating job and investment growth.”