PolyOne realigns North American assets

Source：PolyOne Corporation Release Date：2014-01-09 175

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PolyOne Corporation implements realignment actions to better serve customers and to increase utilization of its manufacturing assets in North America.

PolyOne Corporation announced additional realignment actions to better serve customers and to increase utilization of its manufacturing assets in North America.

These actions will include aligning assets that were acquired as part of the 2013 acquisition of Spartech with PolyOne's Performance Products and Solutions (PP&S) segment. These assets are primarily located in Ramos, Mexico and will now operate within Producer Services, a business unit of PP&S, which has headquarters in Seabrook, Texas.

"Our multinational customers are increasingly concentrating production in North America and often choose Mexico as a strategic location," said Robert M. Patterson, executive vice president and chief operating officer, PolyOne Corporation. "Under the leadership of our Producer Services team located in Texas, we look forward to expanding our capabilities in Mexico with improved customer service, quality and delivery."

In connection with these changes, a separate facility located in Lockport, New York will also operate as part of Producer Services, and an administrative office in Washington, Pennsylvania will close as this work is transitioned to Seabrook, Texas. Further, the company has realigned certain resources associated with Spartech's legacy Color and Specialty Compounds segment, based on how these resources will now report within PolyOne's businesses.Adidas Tubular Boost