Vanderburgh County leaders pull the curtain off “Project Parrott,” a secret codename for Polyram Group, and its plans to open their first American plant in the Tri-State.
The “project” was first made public last month, but the company’s identity was hidden until Wednesday night, when Vanderburgh County Council approved a tax phase-in over the next 8 years; the last hurdle to make Polyram’s expansion a reality.
Polyram is an Israeli company building its first manufacturing plant in the country. They employ nearly 200 people around the world and supply the auto and food packaging industry with plastic resin.
County Commission President, Bruce Ungethiem says this is a “good day” for Vanderburgh County.
Growth Alliance President, Ellen Horan says the industrial park is a catalyst for growth on the north side, and Evansville is a hub for industry in the crossroads of America.
Polyram will start the operation in January 2018 at the Vanderburgh Industrial Park in a 100,000-square foot building. “That was essential to be able to get this company in and up and running,” Horan says.
They plan to invest $11 million and hire more than 50 workers over the next five years. Ungethiem hopes they’ll hire local workers and expand in the future. “We hope the 50 is not the end goal,” he adds.
Evansville Deputy Mayor, Steve Schaefer thanked Rabbi Gary Mazo for breaking the ice, showcasing the Jewish community, and as Mazo says, “exercising” his Hebrew to connect this this Israeli company to Vanderburgh County.
Polyram is expected to be up and running in six months, and most of the plastics made here will remain in the U.S.
“If we have sites that are ready to roll, we’re going to continue to win,” Horan says.