News and Testimonials

29/03/2016 - News
POLYKAR ANNOUNCES $4 MILLION INVESTMENT TO EXPAND PRODUCTION CAPACITY

Saint-Laurent, Québec– Les Industries Polykar Inc. (Polykar) is pleased to announce that it will invest an additional $4 million in the coming months to expand its production capacity. The investments are being made in all the different market segments that Polykar is active in, namely co-extrusion of polyethylene film, food and industrial packaging, certified compostable bags and garbage bags, as well as recycling. This new capacity will come on stream beginning June 2016 with a projected completion date during the first quarter of 2017.
 
Speaking about the 2016 expansion, Polykar’s president, Elyse Damdjee noted, “Remarkably, this is our second major expansion in less than two years, and it is primarily driven by the strong growth in all of our market segments. None of this would be possible without the trust and confidence that our clients have placed in Polykar which is allowing us to grow our market share in a relatively stagnant economy.”
 
Polykar expects to create a total of 10-12 new jobs in manufacturing, logistics, as well as sales and marketing during 2016.
 
For further information, please contact:
Amir Karim
Vice-President, Business Development
amir.karim@polykar.com
1-866-POLYKAR
514-335-0059 ext. 231
 
Co-founded in 1987 by Elyse Damdjee and Aziz Karim, Polykar is a family business based in Saint-Laurent, Quebec. The company began as a manufacturer of industrial garbage bags. Today, with 100 + employees and annual sales of $40 million, Polykar has become one of the leading manufacturers of polyethylene film, certified compostable bags and bulk food packaging in Canada. It has also developed expertise in plastics recycling. Working alongside global partners, Polykar is proud to be at the helm of technical and environmental innovation, working to improve quality and production, as well as safeguarding the environment. The company holds both ISO 9001:2008 and 14001:2004 certifications. Polykar’s manufacturing facility and offices also carry silver certification under the internationally-recognised Leadership in Energy and Environmental Design (LEED) program. As an engaged industry participant and contributor to civil society, Polykar is a member of the following organisations:
- Canadian Plastics Industry Association (CPIA)
- Canadian Sanitation Supply Association (CSSA)
- Canadian Federation of Independent Business (CFIB)
- Compost Council of Canada (CCC)

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