A Madison business and one of its partners are this year’s recipients of the Lake Area Improvement Corporation’s Growth and Achievement Award. The annual award was presented to Falcon Plastics and Life Floor on April 25th, 2019 during the LAIC’s annual meeting in Madison.
Falcon Plastics, a family owned and operated business, has operated its production facility in Madison since 1990. The company was founded in 1975 in Brookings, and along with the Madison facility, it also operates manufacturing facilities in Brookings and Lexington, Tennessee, as well as a partnership in a facility in China. Falcon Plastics President, Jay Bender, said the Madison facility produces toner cartridges for customers like Toshiba, as well as high performance ice packs for outdoor and sporting goods markets. Falcon Plastics is currently expanding its Madison facility and Bender said by June, the facility will span 67,000 square feet.
The company is forecasting continued growth patterns, which will allow for the additional growth of business and jobs to the Madison and Brookings areas.
In 2015, Life Floor moved the production of its foam-rubber flooring system designed for use in aquatic environments from overseas to Madison. Life Floor is headquartered in Minneapolis, Minnesota and is manufactured at Falcon Plastics in Madison. Life Floor produces a slip-resistant, non-abrasive tile that is installed largely around pools, on pool decks, splash pads, slide pads, multi-level structures and more. Spencer Howell, President of Life Floor, said they have customers from all over the world thanks to their team, Falcon Plastics, the Madison community and other partners.
Bender and Howell both credited the LAIC and other local lenders and development leaders for helping get the two businesses together to create a business partnership that benefits both of them and the Madison community.