Anchor Packaging touts itself as being the eighth largest plastic packaging thermoformer in North America, while Georgia-Pacific is one of the leading fiber and tissue product manufacturers. The companies indicate their combination will create synergies to drive growth and innovation, especially to serve the food and beverage sectors.
“This partnership allows us to expand our product portfolio, strengthen our supply chain and accelerate our commitment to innovation,” said Anchor Packaging President and CEO Jeff Wolff in the news release.
Anchor Packaging is based in St. Louis and has multiple facilities in Arkansas, Wisconsin and Argentina. TJC has owned the company since 2019, at which time Anchor announced a plan to accelerate growth. The Hermann family, who founded Anchor in 1963, continued to have ownership alongside TJC.
