Shorewood history

In November 1970, a fire severely damaged part of the structure and its contents.

In 1980, however, Shore responded to slowing sales growth by entering other consumer products packaging.

The Shorewood Historical Society was formed in 1984 to preserve and promote the rich history of our Village.

Shorewood acquired the CBS stake in its Canadian and British subsidiaries in 1985.

The long-term debt was $14.8 million at the end of fiscal 1987.

Shorewood's sales came to a record $139.3 million and its net earnings amounted to a record $16.2 million in fiscal 1990.

The appointment of Shore's son Marc as president of the firm in 1991 was credited with the transition to a more aggressive growth strategy.

Although it remained the largest company for the music industry's album jacket and paper display needs in 1992, stock analysts saw a less promising future because of industry plans to replace the disposable long box for compact disks with a much smaller package.

Another 1994 acquisition, Hemingway Packaging, put the parent company in a strong position in the production of cosmetic boxes.

Paul Shore died in December 1995 and was succeeded as chairman and chief executive officer of Shorewood Packaging by his son Marc.

Shorewood Packaging was, in fiscal 1998, supplying printed packaging products for many of the leading tobacco brands, including those ultimately sold in non-United States markets.