Archer, a rapidly growing meat snack brand, is expanding its operations by opening a second manufacturing facility in Vernon, Los Angeles. This significant expansion aims to double production capacity primarily for their meat stick product line amid increasing consumer demand. Archer has reported a remarkable 90% year-over-year sales growth, significantly outperforming industry standards. The new facility emphasizes the company's commitment to supply chain ownership for quality control, and it will complement their existing plant in San Bernardino, enhancing flexibility and speed to market.
The explosive growth of our meat stick products made increasing our production capabilities essential, and doing this in Los Angeles was an intentional choice.
Our founding principle has always been that supply chain ownership is crucial for maximizing margins and ensuring quality control, as evidenced by our jerky business.
The need for additional production capacity comes as Archer's 90% year-over-year sales increase outpaced the category's 5.8% growth, demonstrating the company's strong market performance.
This expansion represents our next strategic step to vertically integrate our fastest growing product line.
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