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Anchor Packaging invests $21 5M in Arkansas plant expansion
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Anchor Packaging to add 45 jobs in Paragould
New jobs coming with facility expansion By Hannah Campbell | March 2, 2021 at 7:11 PM CST - Updated March 2 at 7:21 PM
PARAGOULD, Ark. (KAIT) - Anchor Packaging, a food packaging manufacturer, announced on Tuesday they are expanding their facility by 33% and adding 45 jobs in Paragould.
The $21.5 million and 90,000-square-foot expansion will add 45 new jobs for the next two and a half years.
“Anchor Packaging has a rich 58-year history protecting food, including moving its manufacturing operations to northeast Arkansas communities over 35 years ago,” CEO and President Jeff Wolff said. “I am proud to say we have never had a layoff. Re-investing in the region comes naturally as we have outstanding employees, many second and third generation, coupled with an ever-growing business focused on sustainable food packaging solutions.”
PARAGOULD, Ark. – Anchor Packaging LLC, a leading U.S. manufacturer of foodservice packaging, together with Paragould Mayor Josh Agee, community leaders, and the Arkansas Economic Development Commission, celebrated the groundbreaking of a 90,000-square-foot, $21.5 million expansion to its Paragould manufacturing facility Tuesday, which will create 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.
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