Bryce Corporation, a Memphis-based flexible packaging production company, is investing $80 million to expand its operations in Searcy as part of its five-year strategic growth plan, the manufacturing company announced Wednesday morning. The family-owned company will construct a new manufacturing facility and a distribution center in Searcy as part of the expansion, which is expected to grow Bryce Corp.’s asset base and physical footprint, as well as create 142 new jobs in the area.
“It’s always a great day in Arkansas when our existing businesses announce expansions, and this is no exception,” Governor Asa Hutchinson said. “For decades, Bryce Corporation has been a strong community partner. Their investment in Searcy speaks volumes about their confidence in the city’s workforce and quality of life, and I wish the company well as they enter this next phase of growth.”
Bryce Corporation is an industry leader in film conversion and production of flexible packaging solutions that serves customers in the Food, Snack, Pet Care, Household, and Health and Beauty industries. Bryce Corporation opened its first manufacturing facility in Searcy with 29 employees in 1976, and finished 2021 with 465 employees in Searcy. Over the last 45 years, the Searcy manufacturing site has grown from 30,000- SF to 350,000- SF.
“We would like to thank the City of Searcy and White County leadership teams, the 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 team members of Bryce Corporation,” said Bryce Corp. CEO Tom Bryce in an official statement.
“As a city we are focused on supporting the growth and expansion of businesses in our community,” Searcy Mayor Kyle Osborne said. “We are thrilled about the opportunities this expansion will bring to the workforce in Searcy and look forward to continuing our relationship with Bryce Corporation for years to come.”