Archer Meat Snacks secures new credit as meat sticks sales surge

Archer Meat Snacks has secured a roughly $100 million aggregate credit facility from JPMorgan Chase & Co., the company said. Archer said the financing will increase capacity to support growth and its expanding national footprint.

“This credit facility from J.P. Morgan is an important milestone for our business as we enter our next stage of growth,” Eugene Kang, CEO and founder of Archer Meat Snacks, said in the announcement. Kang said the added flexibility will support investments in capacity, speed and execution as the brand works to meet demand and reach new consumers.

Archer attributed its momentum to demand for clean-label, high protein and convenience-focused snacking. The company said it grew 35.9% year over year, compared with 8.8% growth for the category. Archer also reported meat stick sales grew 57.7%, placing the brand No. 5 in the category, and said it is on track to top $500 million in sales in 2026.

To support supply, Archer said it opened its second manufacturing facility in Los Angeles in November. The company said the site can produce more than 36 million pounds of meat sticks per year — more than 1 billion mini meat sticks — and doubles Archer’s overall manufacturing capacity.