EVANSVILLE, Ind. (April 1, 2026) – Polyram USA is expanding its Evansville operations through a project that will increase manufacturing capacity, strengthen logistics, and support continued growth in the Vanderburgh Industrial Park.
The expansion includes an additional 100,000-square-foot warehouse and investment in a 10th manufacturing line at Polyram’s Foundation Avenue facility. Altogether, the project represents more than $12 million in investment, including approximately $9 million in building improvements, $3.1 million in manufacturing-line investment, and additional equipment supporting the expansion.
The project is being completed in phases, with the full project expected to be completed in 2026.
Polyram is a global manufacturer of plastic compounds and engineered materials used in food packaging, automotive, and other industrial applications. Since launching local operations in 2017 as its first U.S.-based facility, the company has grown its Evansville presence into an important manufacturing operation serving North American customers. Today, the facility employs 106 people. The expansion will retain those jobs and add an anticipated nine new jobs paying an average hourly wage of $37.92.
To support the project, Vanderburgh County approved a seven-year performance-based property tax incentive tied to the increased assessed value of improvements at the site. The real estate portion of the project is being advanced in partnership with Woodward Commercial Realty, Inc. and Woodward Development and Construction, Inc. County leaders supported the project based on the company’s continued reinvestment in Evansville, the capital investment, plus the retention and addition of jobs at strong wages.
“Polyram would like to thank Vanderburgh County and Woodward for their partnership, trust, and continued support,” said Yuval Marmor, Plant Manager at Polyram USA. “That collaboration has been an important part of the site’s growth and future development. This investment will help us expand capacity, improve operations, and continue serving North American customers from Evansville.”
The Evansville site supports all three of Polyram Group’s major divisions. The new warehouse will improve shipping, receiving, and storage capacity, create room for future production growth, and help the company serve customers more efficiently. The added production line will expand capacity in one of the company’s fastest-growing product segments.
“Polyram’s continued investment in Evansville is exactly the kind of growth we work to support — an existing employer reinvesting in advanced manufacturing, expanding capacity, and creating well-paying jobs for the region’s workforce,” said Josh Armstrong, Chief Economic Development Officer at the Evansville Regional Economic Partnership. “This project strengthens a key regional industry, enhances the competitiveness of the Vanderburgh Industrial Park, and reinforces our position as a manufacturing and logistics hub.”
Polyram USA’s continued investment reflects the strength of the Evansville region’s advanced manufacturing base and the importance of supporting existing employers as they reinvest, expand capacity, and create new opportunities for the region’s workforce.