LaGrange Packaging Facility to be Sold at Auction

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Shorewood Packaging Corporation to sell LaGrange Facility at Auction June 6th 2005
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May 17, 2005 (Press Release) -- LaGrange, GA. – Shorewood Packaging announced today that it’s 249, 000 s.f. LaGrange, Georgia facility will be open for a pre-sale preview Monday, May 23rd from 11am – 3pm. The preview will give potential investors an opportunity tour the expansive complex prior to its auction at 11am on Monday, June 6th.

Formerly used as a paper products manufacturing and distribution facility, the Shorewood plant is well suited for numerous manufacturing and distribution applications. The auction offering includes 249,716 s.f. +/- building/warehouse facility of which 15, 602 s.f. +/- is dedicated office space. The entire facility sits on 19. 2 +/- acres and is located minutes from Interstate 85 and is less than 60 miles southwest of the Atlanta metro area.

Shorewood Packaging Corporation, is a leading manufacturer of premium packaging products and employs more than 2500 employees in multiple facilities throughout North America, Europe and Asia. Utilized by consumer products manufacturers, Shorewood is recognized for world-class quality and customer support.

Shorewood has retained Higgenbotham Auctioneers International, Ltd. Inc. and its auction professionals to perform and market the June 6th sale. Founded in 1959, Higgenbotham Auctioneers International (HAI) utilizes the auction method of marketing to sell intellectual property and real estate throughout the United States and the world. HAI enjoys continuing relationships with Fortune 500 clients such as Alcoa, Wal-Mart, and Albertson’s Supermarkets, as well as many other publicly traded and closely held companies.

HAI is currently offering at auction, warehouse/distribution facilities and prime development tracts in Wisconsin, Michigan, Massachusetts and South Carolina between June 6 – June 15, 2005

For more information on the LaGrange facility or other Higgenbotham auctions please contact Scott Oglesby at Higgenbotham Auctioneers (800) 257-4161 or visit our website at http://www.Higgenbotham.com.


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Publisher: Higgenbotham Auctioneers




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