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Disc packager AGI Shorewood confirms closure of Welsh plant
CD/DVD/BD packaging company AGI Shorewood, the product of the merger last month between Atlas Holdings' AGI World and Shorewood Packaging, has confirmed plans to close its Welsh factory at Ebbw Vale, threatening some 60 jobs.
If, at the end of the consultation process expected on 21 February, the move, blamed on a downturn in the media packaging industry, goes ahead, work will transfer to the company's other factories in Slough and Swindon.
A spokesperson, quoted by the BBC, said shutting down the factory would optimise the operations and resources of the business. The company is reported to have promised “help and assistance to everyone affected."
AGI Shorewood employs nearly 4,000 people worldwide and operates 24 manufacturing facilities in North America, Europe, Asia and Latin America. It also has five plastic injection moulding operations in the United States, UK, Germany and Poland.
Story filed 29.01.12
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