Short Term Goals
Expansion to Memphis 5 years ago
- In looking to expand our market, Memphis was
a prime area with its large manufacturing and
distribution base. We are concentrating on
expanding our market area at Memphis. This
year (2011) we increased our warehouse size
to accommodate potential new growth. Memphis
also provides great back haul opportunities
with several sheet suppliers located in the
- The immediate need for our company is in the
area of "Point of Purchase" boxes.
This market is growing at a 5% annual rate
and should continue at this pace.
- We are looking at several laminating machines
to diversify even further from our present
mode of operations.
Long Term Goals
- Fifteen years ago we expanded into Northwest
Arkansas seeing this area as a perfect fit
for our company's growth. This has been a
growing market for us and we expect this to
continue. The possibility of a manufacturing
facility in Northwest Arkansas is very viable.
With the growth of the area and the future
outlook, we will be looking strongly at this
area for future expansion.
- We do own four acres adjacent to our property
this will allow us to expand our
manufacturing facility as needed
- The need for a Corrugator is not a present
factor. With the financial stability of the
company being strong, we will leave this
option open if market conditions dictate a
©2011 Lamb &
Associates Packaging, Inc.
All Rights Reserved