Lockport Union-Sun & Journal Online

January 30, 2014

No changes coming for former Spartech plant

BY JOE OLENICK joe.olenick@lockportjournal.com
Lockport Union-Sun & Journal

Lockport Union-Sun & Journal — PolyOne, the Ohio-based company that owns the former Spartech plant in the Town of Lockport’s IDA Park, isn’t planning on making any changes at the Lockport facility.

In a Jan. 7 release, PolyOne Corp. said it was “realigning” the Spartech locations the company bought in 2013. That movement includes closing an office in Washington, Pa. and moving that work to Seabrook, Texas. Twenty jobs were cut.

Also, the Lockport facility and the Ramos Arizpe, Mexico plant, also a former Spartech location, will now operate as part of PolyOne’s producer services unit, a business unit of PolyOne’s performance products and solutions division.

And as a result, no hires or layoffs are coming to the Lockport plant, PolyOne officials said.

“We do not anticipate any staffing level changes associated with the recent realignment of the former Spartech facility in Lockport into our producer services business unit,” said PolyOne spokesperson Kyle Rose.

The Lockport and Ramos Arizpe plants both make compounds and concentrates for the automotive and building and construction markets. Both were a part of PolyOne’s Specialty Engineered Materials unit, which primarily makes compounds and concentrates based on engineering resins and other high-value materials.

The moves come about six months after PolyOne announced it would close six former Spartech plants in the U.S. by the end of 2014. Closing those plants — which made sheet, film and color and engineered materials — will eliminate about 250 jobs and produce $25 million in annual savings, officials said in July.

PolyOne paid $393 million to acquire Spartech in early 2013.

“After nine months, we remain extremely pleased with the Spartech acquisition,” PolyOne Chairman, President and CEO Stephen Newlin said in the Jan. 7 release. “We continue to see upside opportunities to expand our portfolio of offerings and better serve our customers.”

Contact reporter Joe Olenick at 439-9222, ext. 6241 or follow him on Twitter @joeolenick.