Laddawn, Inc. Chooses Devens for Companys New Headquarters

August 4, 2010

Contacts:
Kelsey Abbruzzese, MassDevelopment, 617-330-2086
Owen Richardson, Laddawn, 800-446-3639

Laddawn, Inc., a plastics manufacturer with facilities across the country, has purchased the former Devens Davis Library and will redevelop the 10,000-square-foot library into its corporate headquarters, creating 12 new jobs at the site. Using renewable energy, Laddawn, Inc. manufactures recyclable plastic films and bags for industrial, food, medical, and institutional markets.

“We're pleased to welcome Laddawn as the newest member of the Devens business family,” said MassDevelopment President and CEO Robert L. Culver. “The company's commitment to the Commonwealth, job creation, and environmentally-friendly practices – a green approach also adopted by MassDevelopment in Devens – will make Laddawn a valuable part of the community for years to come.”

Currently headquartered in Sterling, Massachusetts, Laddawn operates warehouse and manufacturing facilities in Texas, Nevada, Iowa, and Georgia.

“The people at MassDevelopment and the Devens community made us feel very confident that we had a partner for growth,” said Laddawn Co-President Ladd Lavallee. “We've welcomed many new employees and families onto our team and we've set the stage for the addition of many more. The Devens property provides all the things we need in a new facility, including a thoughtfully planned community with excellent amenities.”

Located in north central Massachusetts and managed by MassDevelopment, Devens is home to more than 75 businesses employing more than 3,500 people. Created by statute in 1993 to support business growth and attract economic development opportunities in the region, the 4,400-acre site features fast-track permitting and other incentives for businesses. The former military installation is recognized today as a national model for military base redevelopment. Along with its business tenants, the Devens community also includes more than 2,100 acres of recreation and open space, private residences, schools, and a network of human and social services providers. Together these organizations and amenities attract more than 150,000 visitors to Devens annually.