Anchor Packaging broke ground on a 90,000-square-foot, $21.5 million expansion to its Paragould, Arkansas, manufacturing facility, which will bring 45 new jobs over the next 30 months.
Since opening its first Arkansas production plant in 1985, Anchor has continued its rapid growth into multiple locations with several new product line expansions and hiring more local residents. Today, Anchor employs over 1,000 people and operates two million square feet of production and distribution across six facilities in Paragould, Marmaduke, and Jonesboro.
The Paragould expansion will house several new thermoforming lines with installation beginning in late 2021. This expansion is in addition to the new thermoforming lines going operational in Q2, 2021 in Paragould and Jonesboro allowing Anchor Packaging to fill the rapidly growing demand for foodservice containers used by restaurants, supermarkets, and convenience stores to serve the consumer's expanding need for takeout, curbside pickup, and delivery of prepared meals.