A. Schulman acquires Specialty Compounding Division of Laurel Industries, Inc.AKRON, Ohio--(BUSINESS WIRE)--Nov. 7, 1996--A. Schulman Inc. has purchased the business and assets of the Specialty Compounding Division of Laurel Laurel, cities, United States Laurel. 1 Town (1990 pop. 19,438), Prince Georges co., central Md., about halfway between Washington, D.C., and Baltimore; patented in the late 1600s, inc. 1870. Industries, Inc., Cleveland, Ohio "Cleveland" redirects here. For the Cleveland metropolitan area, see . For other uses, see Cleveland (disambiguation). Cleveland is a city in the U.S. state of Ohio and the county seat of Cuyahoga County, the most populous county in the state. . The purchase price was not disclosed. Located in Sharon Center, Ohio Sharon Center is an unincorporated community in Medina County, Ohio, United States. It is centered at the intersection of Ohio state routes 94 and 162 in Sharon Township (see map at right. , near Akron, the Specialty Compounding Division has four manufacturing lines used for tolling and production of various polymer compounds. The facility has approximately 40 employees and an annual capacity of approximately 15 million pounds. A. Schulman said it will maintain the existing tolling business and utilize the remaining capacity to expand production of its proprietary line of products used in packaging, industrial and automotive applications. Based in Akron, A. Schulman is an international supplier of high-performance plastic compounds and resins resins, n.pl complex, insoluble, sticky substances secreted by plants. Used as astringents, antimicrobials, and antiinflammatories, and are burned as incense. Can cause oral ulcers and epidermal irritations. . CONTACT: A. Schulman Inc., Akron Robert A. Stefanko, 330/666-3751 |
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