DEVENS, MASS. (Sept. 14, 5:05 p.m. ET) — Blown film extruder and bag producer Laddawn Inc. of Devens, Mass., will begin operating its fourth manufacturing facility during the first quarter of 2012.
The location in Sparks, Nev., will help Laddawn serve its West Coast customer base, a company spokesman said.
Laddawn has operated a distribution center in the Reno area since 2000, said Owen Richardson, Laddawn's vice president of marketing, in a Sept. 14 telephone interview. Officials decided to buy a new facility sized slightly over 100,000 square feet in Sparks, shuttering the company's operations at the original distribution site, in order to consolidate distribution and manufacturing into the new location.
The new location gives Laddawn the necessary rail access and the footprint to manufacture, Richardson said. The company expects to start with four blown film lines and 11 workers. Its manufacturing lines will be able to produce films over 150 inches wide. It expects to grow to 20 employees within the first 24 months as production increases.
Laddawn officials worked with the Economic Development Authority of Western Nevada. That group estimated the annual economic impact of the Laddawn project at slightly more than $2 million.
Separately, Laddawn also is investing in additional capacity at sites near Cedar Rapids, Iowa, and Dallas. The company also has manufacturing near Boston and a distribution facility in Atlanta.
“Business is very good for us and it has been,” Richardson said. “We're doing very well. We're primarily gaining market share, doing more business with existing customers.”