Bryce Corporation Breaks Ground on Searcy Manufacturing Facility
August 24, 2022MEMPHIS, Tenn. (August 24, 2022) – State and local officials joined Bryce Corporation yesterday for a groundbreaking ceremony to celebrate the start of construction on the company’s new manufacturing facility in Searcy, Ark. The new facility will house state-of-the-art process equipment and will generate 142 new jobs.
In April, Bryce Corporation announced a five-year strategic growth plan that includes an $80 million investment in the Searcy facility, which will expand the company’s physical footprint, house state-of-the-art process equipment, and grow the company’s asset base.
Bryce Corporation has demonstrated a generational commitment to family and community throughout its history. Tom Bryce, chairman and CEO of Bryce Corporation, and Sean Bowie, Bryce Corporation president, provided remarks during the groundbreaking ceremony.
“Our family is celebrating 100 years in packaging,” said Tom Bryce, a third-generation Bryce family member. “We are grateful for the role Searcy has played in our history and the role it will play in our future. Our five-year strategic growth plan is a commitment to this generation and the next.”
Sean Bowie, who is a fourth-generation Bryce family member, concurred. “Today marks the beginning of a new chapter in the history of Bryce with the construction of a new manufacturing facility,” Bowie said. “We are grateful for the team members, local and state officials, and business leaders who are investing in the future of Bryce Corporation and Searcy.”
Congressman French Hill, Lieutenant Governor Tim Griffin, Secretary of Commerce Mike Preston, Searcy Mayor Kyle Osborne, and other company executives, public officials, and community leaders attended the event.
“This groundbreaking is the result of decades of hard work spanning over generations,” Secretary Preston said. “Bryce Corporation manufactures packaging for thousands of the products that we use each day, and I look forward to seeing what new opportunities Bryce Corporation—and the Searcy community—will encounter as a result of this expansion.”
“We are extremely excited that Bryce has chosen Searcy for their expansion. We look forward to a long and prosperous future together," Searcy Mayor Kyle Osborne said.
Buck Layne, president and CEO of the Searcy Regional Chamber, said, “This is a great day for the Bryce Corporation and for Searcy, Arkansas. We want to thank Bryce for their commitment to Searcy as a location for future growth and expansion.”
About Bryce Corporation
Based in Memphis, Tenn., Bryce Corporation is an industry leader in film conversion and the production of innovative flexible packaging solutions. Bryce Corporation manufactures packaging products for customers in the food, snack, pet care, household, and health and beauty industries. As a family owned and operated business, Bryce Corporation takes pride in their investments to their customers, employees, and shareholders. For more information on Bryce Corporation and its capabilities, please visit www.brycecorp.com.
About the Arkansas Economic Development Commission
The Arkansas Economic Development Commission (AEDC), a division of the Arkansas Department of Commerce, seeks to create economic opportunity by attracting higher-paying jobs, expanding, and diversifying local economies in the state, increasing incomes and investment, and generating growth throughout The Natural State. Arkansas is a pro-business environment operating leaner, faster and more focused through a streamlined state government designed to act on corporate interests quickly and decisively. For more information, visit www.ArkansasEDC.com. The Arkansas Department of Commerce is the umbrella department for workforce and economic development drivers. Its divisions and regulatory boards include Division of Aeronautics, Waterways Commission, Wine Producers Council, Division of Workforce Services, Office of Skills Development, State Bank Department, Insurance Department, Securities Department, Economic Development Commission and Development Finance Authority. It was established July 2019 as part of Governor Asa Hutchinson’s wide-sweeping efficiency and transformation efforts to reduce 42 cabinet agencies to 15 while maintaining services for all Arkansans.