CHICAGO (Nov. 5, 12:15 p.m. ET) — PolyOne Corp.’s $393 million purchase of Spartech Corp., which marks the compounding powerhouse’s move into manufacturing, has become one of the most talked-about deals of the season. Vicki Holt, president and CEO of Spartech, and Julie McAlindon, vice president of corporate marketing for PolyOne, gave Plastics News more details on the acquisition in an interview Oct. 29 at PackExpo 2012 in Chicago.
In the wake of the economic turbulence earlier in this decade, molders today find themselves in much better shape. Molders are gaining a competitive advantage by investing in people, equipment and seeking inroads into new markets on a global scale.
Growth in the injection molding industry is going to be driven by low financing costs and a continued move to reshore some business.