PARAGOULD, Ark. — Georgia-Pacific has announced a $20 million investment in its Anchor Packaging plant in Paragould, where the company plans to add two production lines and create an estimated 10 to 20 new jobs.
According to the company, work is already underway, and the new production lines are expected to begin operations in late 2027. The project also includes equipment and infrastructure upgrades to the existing facility.
The expansion will feature thermoforming technology, a manufacturing process that heats and molds plastic sheets into containers. The plant, which produces rigid plastic food containers for businesses such as restaurants, supermarkets, and convenience stores, currently employs more than 600 workers.
Pranay Harsh, vice president and general manager of Anchor Packaging, said the improvements will enhance the company’s ability to meet customer demands while advancing product development efforts.
"The capital investment and creation of new jobs in Paragould is exciting for our entire community," Paragould Mayor Josh Agee said as part of the announcement.
The Paragould facility first opened in 1985 and underwent a significant expansion in 2021, growing its footprint to 365,000 square feet. Georgia-Pacific acquired Anchor Packaging in October 2025.