A. Schulman, Inc., a supplier of high-performance plastic compounds and resins, announced on August 21 that it is expanding its North American Polybatch manufacturing operations with a new plant at the site of its existing distribution warehouse in Akron, Ohio.
The company operates 16 manufacturing facilities in North America and Europe.
"We needed a new facility in the United States to build on our global success with Polybatch," said Joseph M. Gingo, CEO. "We intend to be a leader with this product line in the U.S. market just as we are an established leader in Europe and Mexico."
The site has served as a manufacturing facility for other A. Schulman products in the past, and was the company's first plant when it opened in 1929. The Company has used it solely as a warehouse for its distribution business since November 2000. "Our decision to invest in this facility is in line with our overall strategy to maximize the use of our existing assets," Gingo said. "With the building and infrastructure already in place, we expect the conversion to be quick and manufacturing to begin at the site by October 2008."