OCTOBER 30, 2006 - Posted at 11:27 a.m. CST
McCRORY, AR - Calpaco Papers, Inc. announced this morning that it will open a production facility in McCrory, where it will convert large rolls of paper into sheets and smaller rolls for use by commercial printers, printing brokers and other paper merchants for resale.
Paul Maier, chief executive officer of Calpaco Papers, Inc.; Alan McVey, executive director of the Delta Center for Economic Development at Arkansas State University; and McCrory Mayor Doyle Fowler announced the expansion at a special event at the Richard and Velma Chappell Civic Center in McCrory. The company will move into the former American Greetings plant building and upgrade the facility.
Headquartered in Mira Loma, California, Calpaco has been doing business in the greater Los Angeles area since 1969 and in Church Hill, Tennessee, for about one year. The company employs about 90 people in California and more than 45 workers in Tennessee, with a current sales volume of about $45 million per year.
Calpaco expects to employ 250 to 300 people at the McCrory facility within three years. The jobs will be in the manfacturing, transloading, and outside warehousing and fulfillment sectors.
To help meet the company's distribution needs, the city of McCrory is building a $2.5 million railroad spur to connect the site with the Union Pacific railroad.