ASG Americas Restructures Manufacturing Platform
STAMFORD, Conn.--(BUSINESS WIRE)--ASG, a leading global specialty-packaging manufacturer, announced the company is realigning the product offerings of its locations throughout the Americas. The initiative is part of a multiyear strategy to develop world-class lithographic capabilities at its paperboard plants in Toronto, North Carolina, and Mexico complemented by innovative specialty-packaging solutions at its facility in Illinois.
“We currently operate five litho paperboard plants throughout the Americas”
“We’ve rationalized our cost centers during the two years since our parent company, Atlas Holdings, formed ASG with the acquisition of AGI and Shorewood Packaging,” ASG Americas CEO Mark Caines says. “Now we’re focused on creating a world-class platform while continuing to deliver for our customers.”
ASG has fully committed capital for presses at its plants in Toronto and Hendersonville, N.C., which Caines says are two important cornerstones of an $18-million paperboard packaging global capital plan the company launched last year.
Its investment in the Hendersonville plant alone will account for nearly half that sum — $8.55 million — and will bring new jobs to the community. In addition to installing a new press in early 2015, ASG will enlarge the facility, improve its efficiency, increase production volume, and enhance existing packaging offerings to serve new customers in the entertainment, healthcare, and pharmaceutical sectors.
Additionally, ASG now has digital printing capability. The HP Indigo 5500 Digital Press and one of the world’s first HP Indigo 30000 Digital Presses will bolster ASG’s end-to-end digital-packaging capabilities to include product design, testing, and just-in-time manufacturing. Both HP Indigo presses — which offer exceptional print quality, variable data capability, and high print speeds — will start up in the first quarter of 2014.
Meanwhile, ASG recently added additional press capacity at its plant in Aguascalientes, Mexico, and is planning significant investments in the set box business there, according to Caines.
“ASG is making numerous technological upgrades worldwide to better serve leading and demanding consumer brands and long-term customers,” he says. “We’re also looking to grow packaging segments in beauty and personal care, spirits, confectionery, and healthcare.”
The company is also seeking to more efficiently fulfill customer demand across its platform. As a result, Caines says ASG will close its plant in Indianapolis, Ind., by the end of March. The closure will affect 161 employees.
“We currently operate five litho paperboard plants throughout the Americas,” he says, “and better overall asset utilization will allow us to more efficiently fulfill customer demand across the platform.”
ASG is a leading specialty packaging company that delivers innovative packaging solutions for the world’s premier consumer brands. Key packaging segments ASG serves include health and beauty, pharmaceutical, home entertainment, consumer electronics, confectionery and specialty foods, spirits, and sporting goods. The company operates 18 manufacturing facilities — the capabilities for which include lithographic, flexographic, digital, and specialty gravure printing and injection-molded plastics — in North America, Europe, Asia, and Latin America. It also boasts seven Spark! creative services centers in the U.S., U.K., France, China, and Australia. ASG is comprised of two separate legal entities — AGI-Shorewood U.S. and AGI-Shorewood International — and collectively employs nearly 3,000 people worldwide. Please visit www.asg-worldwide.com for more details.