Georgia-Pacific Invests $20 Million in Paragould Anchor Packaging Plant

PARAGOULD, Ark. — Georgia-Pacific is investing $20 million to expand its Anchor Packaging plant in Paragould, adding 10 to 20 jobs and increasing the facility’s manufacturing capacity.

According to a news release, the project will include the addition of two thermoforming production lines, as well as upgrades to equipment and infrastructure. The plant specializes in producing polypropylene and PET containers for foodservice and food packaging markets.

Work on the expansion has already begun, with the new lines scheduled to begin operation in late 2027. Georgia-Pacific says the investment aims to meet growing customer and consumer demand for its products.

“Our customers are at the center of everything we do, and this investment reflects our commitment to them,” said Pranay Harsh, vice president and general manager of the Anchor Packaging business. “Adding capacity in Paragould allows us to keep innovating and delivering custom solutions that help our customers run efficient operations and protect and preserve every meal they serve.”

Currently, the Paragould plant employs over 600 people. Plant Director Jake Hardage attributed the decision to expand the facility to the dedication of its workforce.

“I am so proud of the work of our team members to make this plant a safe, competitive, and strategic location for our Foodservice Solutions business,” Hardage said. “This investment is a direct result of their dedication to our plant, our customers and consumers, and our community.”

Paragould Mayor Josh Agee expressed enthusiasm for the project, calling it a positive development for the local economy.

“The City of Paragould is excited about the future of Anchor Packaging and the investment Georgia-Pacific is already making in Paragould,” Agee said. “The capital investment and creation of new jobs in Paragould is exciting for our entire community.”

The Anchor Packaging plant in Paragould has been a longstanding part of the local business landscape, and this expansion underscores its growing importance as both an employer and a contributor to the city’s economic development.