{"title":"Anchor Packaging","description":"\u003cp data-mce-fragment=\"1\"\u003eHistory\u003c\/p\u003e\n\u003cbr\u003e\n\u003cp data-mce-fragment=\"1\"\u003eAnchor Packaging, the 8th largest plastic packaging thermoformer in North America, celebrated the first 50 years in business in 2013 with a rich heritage of rapid growth, quality, and financial stability. At a time when the U.S. thermoforming industry is undergoing dramatic consolidation and isolated bankruptcies, Anchor Packaging remains a thriving, privately-held entity with a strong balance sheet.\u003c\/p\u003e\n\u003cbr\u003e\n\u003cp data-mce-fragment=\"1\"\u003e The company began operation in 1963 as a converter of plastic film and expanded operations in 1978 to include thermoforming, sheet extrusion, and blown film. In 1985, a new manufacturing facility was constructed in Marmaduke, Arkansas, to accommodate the thriving thermoforming and film business. As the company continued to grow at a rapid pace, a new facility was built in Paragould, Arkansas, to focus on sheet extrusion and thermoforming of rigid plastic containers. Paragould expanded several times until it reached its current capacity of 310,000 Sq. Ft. The Marmaduke facility continues to focus on blown film production.\u003c\/p\u003e\n\u003cbr\u003e\n\u003cp data-mce-fragment=\"1\"\u003eBetween 1989 and 2012, Anchor made several strategic acquisitions, including Innovative Plastics, the MicroLite division of Amoco, the BonFaire division of Placon Corporation, Mount Vernon Plastics (MVP) in Mt Vernon, KY, and a Jonesboro, AR manufacturing and warehousing facility in 2013. The Borden Chemical Argentina film operation acquisition in 1998 allowed Anchor to broaden exposure in South America, as well as to service Europe and Asia from that location.\u003c\/p\u003e\n\u003cbr\u003e\n\u003cp data-mce-fragment=\"1\"\u003eNorth American shipments are handled through two distribution centers in Paragould and Jonesboro, AR, that consolidate products to provide centralized shipping points. Anchor facilities total over 2 million square feet, which not only provide logistical efficiency but also insures against supply chain interruptions with diversified manufacturing across six separate locations.\u003c\/p\u003e","products":[],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0007\/5228\/7805\/collections\/ANCHOR.jpg?v=1696439506","url":"https:\/\/membersdirect.com\/collections\/anchor-packaging.oembed","provider":"MembersDirect®","version":"1.0","type":"link"}