Anchor Packaging Inc. has purchased a thermoforming plant and equipment in Mount Vernon, Ky.
The plant and its equipment were once owned and operated as MVP — Alcoa Inc.'s Mount Vernon Packaging business.
The Mount Vernon plant initially will produce polypropylene deli cups and lids, injection molded polyethylene lids, and a new line of deli containers. The facility will soon expand to include more product lines, according to a news release from St. Louis-based Anchor.
Plasticware LLC of Valley Cottage, N.Y., took over the Mount Vernon plant from Alcoa in 2007, but the facility has since closed. According to Anchor, production should start again in 60-90 days, and the plant will begin shipping selected products later this year.
Once the plant is operating full-scale, it is expected to employ 150, according to Anchor.
Anchor said the acquisition is strategic, and allows the company to offer customers a broader range of technologies. Anchor has now added trim-in-place, injection molding and printing capabilities to its traditional focus on in-line thermoforming.
The new site also offers Anchor another manufacturing site for contingency planning purposes, and allows it to vertically integrate its deli cup product line.
Anchor is a thermoformer and film maker. The company now operates six facilities worldwide, with a combined total of more than 1.6 million-square-feet of warehouse and manufacturing space.