Anchor Packaging Inc. has bought the Mount Vernon, KY thermoforming facilities and equipment, previously operated by MVP. This latest acquisition brings the number of Anchor facilities to six, with a combined total of more than 1.6 million sq-ft of manufacturing and warehousing space.
"This was very strategic acquisition for Anchor Packaging," stated Bob Hermann Jr., CEO of Anchor, in the news release. "We have now added trim-in-place, injection molding, and printing capabilities to our portfolio, along with our traditional focus on inline thermoforming. This will allow us to reach new markets, as well as better serve our existing customers, by offering a broader range of technologies to meet their needs."
The Mount Vernon facility will initially produce polypropylene deli cups and lids, injection-molded polyethylene lids, and a new line of deli containers, along with additional product lines.