Manufacturer Expanding to Evansville
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowElkhart-based EFP Corp. has announced plans to expand to southern Indiana. The Indiana Economic Development Corp. says the company, which specializes in the manufacturing and conversion of expanded foam protective packaging, will invest $2.1 million to lease a 100,000-square-foot building in the Vanderburgh Industrial Park and create up to 29 jobs by the end of 2021.
EFP also plans to invest nearly $4.5 million in production equipment for the facility. The new location will be used to design, mold and fabricate expanded foam products for the consumer protective packaging, thermal temperature assurance, recreational vehicle, building and construction markets.
"EFP chose Vanderburgh County as a central location to serve customers accessed by the I-69 and I-64 corridor and within four or five hours of Evansville," said Keith Arenz, president of EFP. "This convenient location will enable us to expand our customer reach and be in closer proximity to our southern Indiana, Illinois, Tennessee and Kentucky customers. We’re excited to begin operations in Vanderburgh County."
EFP currently employs 200 people at its other three facilities in Elkhart, Alabama and Tennessee. The company says it expects to begin interviewing for manufacturing and professional services positions in late August.
The company plans to begin operations in the new facility by November.
The IEDC has offered EFP Corp. up to $125,000 in conditional tax credits, which the company will not be eligible to claim until Hoosier workers are hired for the new jobs. The Vanderburgh County Council will consider additional incentives for the project.