AGI-Shorewood Looks to Growth in Latin America

AGI-Shorewood has purchased the equity interests of the minority stakeholder in its Mexican subsidiary, Shorewood de Mexico. As a result of the equity purchase, Shorewood de Mexico is now a wholly owned subsidiary of AGI-Shorewood international’s operations. Shorewood de Mexico had been a joint venture with Corporativo Cartograf S.A. de C.V., established in 2008 to support Shorewood’s key multinational customers who were seeking high-end packaging solutions in Latin America. Shorewood de Mexico’s state-of-the-art, ISO-9002-certified facility is equipped with offset lithographic and rotogravure presses, as well as finishing equipment, and manufactures packaging for customers in the beauty and personal care, confectionary, health care and tobacco market segments.