AKRON, Ohio, Feb. 27, 2017 /PRNewswire/ -- A. Schulman,
Inc. (Nasdaq: SHLM), a leading international supplier of
high-performance plastic compounds, masterbatches, powders and
resins, today announced that A. Schulman, Inc. will open a
distribution center at its Stryker,
Ohio plant to serve customers located in Indiana, Illinois, Michigan, Ohio and Wisconsin. The center will offer
warehousing and repackaging services to the local customers. In
addition, the customers located in the area will benefit from the
closer location and faster delivery times. The Stryker distribution center will be
operational in the second quarter of calendar year 2017.
The Stryker plant was part of
the Company's acquisition of Ferro Specialty Plastics Business,
completed in 2014. A. Schulman closed this facility in 2015 and
shifted the production to other facilities in North America. This facility will be now
re-opened as an extension to the Company's existing warehousing and
distribution business in order to address the needs of the local
market.
"The Stryker plant is ideally
situated to open our new distribution center in order to service
the local customers," said Albert
Weber, vice-president, Performance Materials. "Our customers
will have faster access to a broad portfolio of prime and wide-spec
polypropylene and polyethylene materials as well as a complete
state-of-the art blending and repackaging center including rail car
storage, warehousing and distribution services."
A. Schulman's is one of the largest providers of distribution
services in Northern America. The Company is offering materials for
a wide range of distribution grades for automotive, industrial and
consumer applications.
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About A. Schulman, Inc.
A. Schulman, Inc. is a leading international supplier of
high-performance plastic compounds and resins headquartered
in Akron, Ohio. Since 1928, the Company has been
providing innovative solutions to meet its customers' demanding
requirements. The Company's customers span a wide range of markets
such as packaging, mobility, building & construction,
electronics & electrical, agriculture, personal care &
hygiene, sports, leisure & home, custom services and others.
The Company employs approximately 4,800 people and has 54
manufacturing facilities globally. A. Schulman reported
net sales of approximately $2.5 billion for the fiscal
year ended August 31, 2016. Additional information
about A. Schulman can be found
at www.aschulman.com.
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SOURCE A. Schulman, Inc.