Jerky business to double production

By Aidan Fortune contact

- Last updated on GMT

Jerky business to double production

Related tags: Us, Beef, jerky

US meat snacks producer Country Archer Jerky Co. has unveiled plans to move to a larger facility following a $12m capital raise from long-time equity partner Monogram Capital Partners.

This investment from the private equity firm will support development and build out of a new state-of-the art meat snack facility, doubling Country Archer’s production capacity.

Set to open in San Bernardino, California, in late Spring 2020, Country Archer’s new 72,000 square feet facility will allow for streamlined operations to meet consumer demand, cutting-edge manufacturing and facilitate on-going innovation.

COO of Country Archer Jerky Co. Jeremy White told GlobalMeatNews that the expansion would create new jobs at the business. “We will be hiring several people when we move into the new facility. We will hire more over time to scale production as we continue to expand.”

This is the second expansion in as many years for the business. In 2019, Country Archer secured an investment from Monogram Capital Partners to expand production at its current facility doubling output capacity. However, it has quickly outgrown this space necessitating a larger scale operation to meet market demand.

“As we continue to grow at such a rapid pace, one of the most important things to us is that we retain what makes our brand so special – we’re a heritage company that is still making a craft product the exact same way that the artisan butcher who taught me did,”​ said CEO and co-founder, Eugene Kang. “It’s critical to me that we manage every step of our unique process, from ingredient selection, to butchery, marinating, slow cooking and packaging, and owning our own facilities enables us to do that. Monogram has been an incredible partner from early on and shares the same values and vision in terms of sustainability, quality, and scaling in a smart way. We’re thrilled to work with them again to open our new facility doors in a few months.”

 “It’s rare to see a company experience such accelerated growth in a short amount of time and it’s been incredible to join Country Archer on this ride,”​ said Jared Stein, co-founder and partner at Monogram Capital Partners. “What is even more unique is to find a brand in this space that controls production. Vertical integration and owning quality control are key. With their commitment to manufacturing in-house and maintaining authenticity in their products, we are confident that Country Archer will prove to be an even bigger force in the meat snack space. We’re excited to help fund this next phase of expansion and continue to invigorate the meat snack category through innovation, clean ingredients and sustainability.”

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