Bryce Corporation, a leader in the flexible packaging industry, will expand its operations to Searcy, Arkansas. The $80 million project is expected to create 142 jobs.
The company will build a new manufacturing plant and distribution center, investing in state-of-the-art technology and state-of-the-art processing equipment to serve its consumer product customers. This expansion is part of the company’s five-year strategic growth plan and is expected to increase the company’s asset base and physical footprint.
“We would like to thank the City of Searcy and White County leadership teams, the Arkansas Chamber of Commerce and the Arkansas Economic Development Commission for their partnership and support throughout this process. We also appreciate the residents of White County, many of whom are current and retired Bryce Corporation team members,” said Tom Bryce, CEO and third-generation Bryce family member.
Bryce Corporation is an industry leader in converting films and producing innovative flexible packaging. The company manufactures packaging products for customers in the food, snack, pet care, home, and health and beauty industries.
“Arkansas’ economy continues to grow thanks to the engagement of our businesses and our communities,” said Arkansas Secretary of Commerce Mike Preston. “I am pleased that Bryce Corporation has found the tools they need to grow and succeed at Searcy. Their decision to expand their facility will diversify and strengthen the region’s economy and provide good jobs for hard-working citizens. I look forward to continuing our partnership in the future.
In 1976 the company opened its first manufacturing facility in Searcy with 29 employees. The company ended 2021 with 465 employees. During this 45 year period, Searcy’s manufacturing site grew from 30,000 square feet to 350,000 square feet.
“Retaining and expanding existing businesses is the foundation of our economic development efforts at the Chamber,” added Buck Layne, President and CEO of the Searcy Regional Chamber. “Bryce Corporation’s investment in its Arkansas plant secures existing jobs and promises future growth for our city and region.