AKRON, Ohio, February 27, 2017 -- 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.
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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A. Schulman, Inc.
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Jennifer K. Beeman
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A. Schulman, Inc.
3637 Ridgewood Road
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