SAN BERNARDINO, Calif. — Country Archer Jerky Co. has raised $12 million from its equity partner Monogram Capital Partners, Los Angeles.
The San Bernardino, Calif.-based meat snack company is using the funds to support the development of a new state-of-the art meat snack facility. The move to the larger facility will double Country Archer’s production capacity to meet the rapidly growing demand for its products for the second time in less than two years, the company said.
Country Archer will move to the 72,000-square-foot facility this spring in San Bernardino.
The brand has the top five jerky SKUs in the natural channel, the company said. It also is sold at a variety of grocery stores and convenience stores, including Walmart, Target, 7-Eleven, Safeway, Smart & Final, Love’s Travel Stops & Country Stores, Speedway, Wawa, Pilot Flying J and Travel Centers of America. The company has also recently expanded into Canada.
“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 Eugene Kang, CEO and co-founder of Country Archer. “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.”
Country Archer Jerky is a producer of gourmet jerky, meat sticks and meat bars.