Alcoa CSI acquired MCG Closures, Ltd, expanding our presence throughout Europe. Southern Plastics (Kilgore, TX), producer of injection molded closures for the food, dairy and personal care industries, was also acquired. In 2003, Alcoa CSI created a new European headquarters in Barcelona, Spain to centralize regional decision-making and to further enhance technology development, including a state-of-the-art technology research and development center in the facility. A highly nimble, innovative and customer-focused organization to serve the specialized packaging, equipment and technical service needs of Europe was created.
In 2004, Alcoa CSI South America, the former Aluminio and Alusud closure businesses located in South America, became organizationally integrated with Alcoa CSI. In addition to Alcoa CSI’s rotatory compression technology, the South American group also had extensive injection molding capability and experience, most notably in the edible oil closures market in Brazil and Argentina. Also importantly, CSI Egypt began producing closures near Cairo.