Slide 1 - Anchor Packaging

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Delivering Innovative (and Reusable)
Solutions for the Food Industry
Corporate Overview
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Headquarters - St. Louis, MO
Privately-held Company
Consolidated Sales over $300 Million
U.S Sales Tripled since 2001
Ranked 8th Largest U.S. Thermoformer
Largest Manufacturer of PP Takeout Food Containers
Award-Winning Designs
Four Sales Platforms:
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Chain Restaurant: QSR, Fast Casual, Casual, Fine Dining, Catering
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Retail: Supermarkets, Convenience Stores, Mass Merchandisers
Packer Processor (food packaged for retail sale)
Commercial Distribution-Broadliners, National, Re-D
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Anchor Packaging Confidential Information
2
First 50 years journey
Founded in 1963 with a rich heritage of
rapid growth, quality and financial
stability. At a time when the U.S.
thermoforming industry is undergoing
dramatic consolidation and isolated
Acquired Mt. Vernon Plastics
facility and assets
bankruptcies, Anchor Packaging
remains a successful, privately-held
entity with a strong balance sheet.
2013
2012
Acquired Borden Chemical film
operation in Argentina
1998
Acquired Microlite
division of Amoco
1998
Acquired Innovative
Plastics
Added thermoforming,
extrusion & blown film
2008
Purchased Jonesboro, AR
manufacturing/warehousing
facility for future expansion
Second Expansion
Paragould, AR facility to
accommodate growth
Purchased BonFaire
Division of Placon
1994
Expanded Paragould, AR facility to
accommodate growth
1990
1989
1963
1978
Anchor founded
November 8th as a
converter of plastic film
1985
New film facility opens
in Marmaduke, AR
Ground up construction of new
plant in Paragould, AR
Anchor Packaging Confidential Information
Net Sales
Net Sales
Exceed $300 Million
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014E
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Our locations
Corporate Headquarters
Ballwin (St. Louis), MO
Manufacturing Plant
Manufacturing Plant
Manufacturing
Paragould, AR
Marmaduke, AR
Jonesboro, AR
Distribution Center
Manufacturing Plant
Paragould, AR
San Juan, Argentina
Operations
Arkansas
− Paragould – Extrusion/Forming ( 310,000 sq. ft.)
− Jonesboro – Extrusion/Forming (424,000 sq. ft.)
− Marmaduke – Blown Film ( 260,000 sq. ft.)
− Paragould – Distribution Center ( 683,000 sq. ft.)
San Juan, Argentina - Blown Film (130,000 sq. ft.)
Anchor Packaging Confidential Information
6
Recent Investment
In Our Business
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Paragould plant expansion in 2008
Significant investment for in-line extrusion/forming and technology
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60” PP in-line
50” In-lines - 18; more than any other manufacturer
8 Off-line thermoformers; 4-50”, 3-40”
Extruder: side-by-side, multi-layer sheet for off-lines
2 Trim-in-place for precision flanges
2 Printing lines
10 Blown film lines - PVC
2 Injection molding lines
2 Lab thermoformers for samples and small production trials
Acquired Jonesboro in 2013
Automated bagging/packing lines
Anchor Packaging Confidential Information
7
Operations by plant
Locations
STORAGE &
DISTRIBUTION
MANUFACTURING
8C Printing
Core Mfg.
Auto Count
& Bag
Packaging
Silo’s
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7
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15
22
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Marmaduke Plant
260
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10
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1
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1
8
18
14
15
Jonesboro Plant
424
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6
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3
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4
13
20
20
Paragould DC
683
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5
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45
37
1,819
8
15
10
1
1
7
6
23
53
93
77
130
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5
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3
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3
4
Storage
Docks
Blown Film
15
(000 Pallets)
Inline
Forming
8
(Cars)
Offline
Forming
310
Rail Siding
Square
Feet (000)
Paragould Plant
ARKANSAS
AR TOTAL
OTHER
San Juan, Argentina
Anchor Packaging Confidential Information
8
In-Line Extrusion/Forming
Anchor Packaging Confidential Information
9
Why Arkansas?
1 hour to the Nation’s
Distribution Hub – Memphis
St. Louis:
Nashville:
Atlanta:
Dallas:
Chicago:
Houston:
271 miles
274 miles
448 miles
453 miles
519 miles
577 miles
INTERMODAL SERVICES
42 Truck Carriers
17 with local terminals
2 Class One Railroads
Anchor Packaging Confidential Information
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Core Competencies
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Thermoforming Rigid Containers – Inline and Offline
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Trim-in-Place in addition to Post Trimming
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Extrusion – mono-layer and multiple structures
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Materials:
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Polypropylene (PP, MFPP)
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PET, RPET
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Flexible Blown Film – PVC
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Custom Design Solutions
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Stock Products – Over 450 available
Anchor Packaging Confidential Information
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Material Attributes
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Polypropylene – PP / MFPP
– Impact resistance
– Heat Resistance, microwavable
– High clarity, anti-fog
– Weight reduction, mineral fillers
– Seal-ability, venting options
– Reusable – 3 R’s (Reduce – Reuse – Recycle)
Polyethylene Terephthalate – PET / RPET
– Optical clarity
– Best choice for cold applications
– Rigidity, durability
– Anti-fog
– Recyclable and post-consumer recycle content
Polyvinyl Chloride – PVC Film
Cutter Box Film - Best cling properties in the Industry
Dri-Gard coating available for outside of box to extend shelf life
Stretch Film (meat, produce) and Shrink Film
Aluminum
Foil rolls and pop-up sheets
Anchor Packaging Confidential Information
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Quality
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Product Specifications (Quality Docket, Drawing, Layout,
Packaging, Palletizing)
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Setup Release Process (verification/QA Lab conf./Inspection)
 Operator and QA Audits (Lab & Line; Specs/Visual/GMP’s)
 Zontec SPC Software and Training
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Lab & Line
Operators, supervisors, auditors
Containment Protocols (Red Tag and Recall procedures)
Continuous Improvement
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Kaizen activities,
Environmental initiatives (Energy cost avoidance/scrap
reduction/reuse)
5S-Lean manufacturing
Anchor Packaging Confidential Information
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Quality Certifications
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ISO 9001:2008 (to 2015-03-29)
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NSF*
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Kosher
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GFSI* (in process)
*Includes HAACP Plan for critical
control points on product safety
Anchor Packaging Confidential Information
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The Process Begins
with the Customer
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Anchor’s Value Proposition:
“Develop innovative packaging solutions that meet
the needs of a new product or a solution that fulfills
the unmet need of a market segment.”
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Design to meet customer’s desired price point or less
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Thorough testing at customer locations
Anchor Packaging Confidential Information
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Responding to Our
Customers’ Needs
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7 Engineers devoted to new designs and tooling to manufacture
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Fast turnaround of images, renderings, 3D models, laser-created samples
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2 CNC machines with dedicated operators
2 Additional design engineers in Asia
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Work in tandem with U.S. engineers
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Allows round-the-clock product development
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In-house SLA/Rapid Prototyping
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Dedicated Prototype Production Equipment/ 4 Full-time employees
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Capabilities (in-house and offshore) to manufacture tools
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On-site design support at customer’s facility available
Anchor Packaging Confidential Information
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Award Winning Designs
FPI/QSR Innovation Award
 World Star Packaging Excellence Award
 Packaging World - Package of the Year
 Ameristar Package Award
 Yum Brands Star Supplier–2010, 2011
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Best New Product-Foodservice Packaging 2014
Anchor Packaging Confidential Information
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Anchor Innovation
Anchor Packaging Confidential Information
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Culinary Classics
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QSR/FPI
Foodservice
Packaging Award
 1st polypropylene
manufacturer to
produce one-piece
hinged black base /
clear lid, side by side
 8 package options
Anchor Packaging Confidential Information
White Casserole
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Classic white
“Corningware style” for a
take-out package that
can go right to the dining
room table.
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From store to table to
dishwasher to cabinet
for RE-USE again and
again.
Anchor Packaging Confidential Information
Crisp Foods Container
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Patented cross-flow
ventilation relieves
moisture, food
remains crispy.
Retains internal temps
meeting health dept.
regulations
Independent studies at
retailers demonstrated
better performance
than the leading fried
chicken container
Anchor Packaging Confidential Information
KFC Reusable Sides
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Anchor adapted its patented
ventless-vent technology to
provide a unique solution for
KFC’s side dishes.
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Leading-edge technology
allowed cost savings vs. foam
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KFC menu items retain their
original quality longer in the new
containers than in foam (per KFC
Test Kitchen)
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Increased customer satisfaction
with reusable package
Anchor Packaging Confidential Information
Sustainability:
Initiatives and Strategy
Anchor Packaging Confidential Information
Sustainability Efforts
World’s largest manufacturer of reusable polypropylene
microwavable takeout containers.
 Polypropylene (PP) has smallest carbon footprint of all plastics
 Anchor Products:
 Many PP products contain 40% perpetual resources
 PET products made with minimum 10% post-consumer recycled content (RPET)
 All made with 50% post-industrial recycle
 Reduced amount of material and packaging by 25% in new products through engineering innovation
 Reduce and recycle scrap at all Anchor plants (<1% remains)
 Anchor does not landfill waste; used in other applications (cutter box core plugs)
 R & D is continually researching new technology to increase use of recycled
materials and limit use of environmentally sensitive resins
Anchor Packaging Confidential Information
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Carbon Footprint
Plastic Resins
Anchor Packaging Confidential Information
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Why Reusable Containers?
EPA states: REUSE and REDUCE are preferred methods of waste management
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Re-Use saves energy, equipment, and
other natural resources
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Reusable containers increase sales.
Providing reusable polypropylene
containers to the consumer has led to
increased sales for companies such as
Hillshire Farms, Butterball, Healthy Choice
and others.
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Consumers prefer reusable containers
over recyclable or biodegradable.
Will reuse containers up to six months
Anchor Packaging Confidential Information
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Benefits of Reusable
Polypropylene Containers
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Heat Tolerant. Safe up to 230ºF.
Microwave-safe. Saves energy and time vs.
conventional oven.
Dishwasher-safe. Saves energy and time. Store to table
to dishwasher to cabinet.
Maintains Food Taste. No flavor change or plastic odor
vs. non-heat tolerant plastics (rigid styrene)
Durable and Leak-resistant. Heat and eat right from the
container, without cutting, tearing, or breaking.
Good for the Environment. Reduction in material and
energy consumption and consumer demand for disposable
packaging.
Visit www.ReuseContainers.com
Anchor Packaging Confidential Information
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Why Anchor?
Exceed our customer’s expectations on product quality and
service.
• Committed to continuous improvement in our
manufacturing process to assure you are competitively
positioned.
• Work with you to define the need so the right solution can
be put to work on your behalf.
• Known for our ability to innovate.
• Consolidate all products so they can be shipped out of our
centrally located DC.
• Value your business and our daily actions put meaning
behind these words!
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Anchor Packaging Confidential Information
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Restaurant Customers
Anchor Packaging Confidential Information
Retail Customers
Anchor Packaging Confidential Information
Processor Customers
Anchor Packaging Confidential Information
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Anchor Packaging
“We Make it Happen”
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