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Nita Inc. is pleased to announce the acquisition of Shorewood Engineering LLC, a rotary labeler manufacturer based in Minnesota.
Established in 1988, Shorewood has a strong reputation for supplying high quality labelers to tier one consumer packaged goods companies across North America. Its rotary labelers are a perfect complement to Nita's inline labelers. Furthermore, Shorewood is the only North American manufacturer of rotary labelers, as the traditional industry leaders are based in Europe.
Shorewood's president and founder, Jason Good, will remain in his current position and retain a significant stake in the company. Good mentioned: "I am privileged to join forces with Nita and am looking forward to this next chapter and doing great things together."
Charles Magnan, CEO of Nita said, "Shorewood has established over the last 35 years an impressive installation base with a remarkable array of multinational clients involved in food and beverage and consumer goods. Combining Shorewood's expertise in rotary labelers to Nita's industry-leading technology will create a new type of rotary labeler and provide the market with a fully North American-built solution."
