- CEO
- Stephan Yazedjian
- Full Time Employees
- 269
- Sector
- Consumer Cyclical
- Industry
- Packaging & Containers
- Address
- 5710 Notre-Dame Street West Montreal QC Canada H4C 1V2
- IPO Date
- Jun 3, 1998
- Business
- Imaflex Inc. (TSX-V: IFX) develops, manufactures and sells flexible polyethylene packaging materials and films primarily for the agriculture and industrial packaging sectors; its core products encompass metallized plastic films, custom polyethylene films and bags sold to converters and end-users, agricultural films including mulch, solarization, fumigation, compostable and crop protection variants under brands such as Can-Shine Heat Trap, Shine N’ Ripe, Shine N’ Ripe XL and ADVASEAL HSM, as well as industrial bags comprising garbage, compostable, gaylord and bags on rolls produced with recycled content. The company, founded in 1994 and headquartered in Montreal, Quebec, Canada, operates three manufacturing facilities, including two in Quebec—at Montreal (Imaflex Inc.) and Victoriaville (Canguard and Canslit)—and one in Thomasville, North Carolina, USA (Imaflex USA), serving customers in Canada, the United States and international markets through these sites focused on blown polyethylene, metallization and bag production. Recent developments include robust financial performance with fiscal 2024 revenues reaching $109.9 million, up 17.4% from 2023, driven by higher-margin product sales and operational efficiencies despite market challenges, alongside a Q1 2025 cybersecurity incident prompting infrastructure upgrades and security enhancements, and ongoing pursuit of US Environmental Protection Agency approval for its ADVASEAL fumigant barrier film while maintaining strong liquidity of $23.9 million as of Q3 2025 end.