St. Louis-based Spartech Corp. will invest $5.2 million to expand its plant in Ramos Arizpe, Mexico.
The firm's directors approved a 101,000-square-foot expansion based on a rise in demand at the site, including 30 million pounds of new sheet extrusion business from Whirlpool Corp.
Whirlpool has entered into an additional five-year agreement with Spartech to supply new and existing plants in Mexico. Spartech officials weren't available for comment.
``Our Ramos site was built to service demand from Whirlpool three years ago and is the lowest-cost plant facility in Spartech's portfolio,'' President and Chief Executive Officer George Abd said in a news release.
The project will be complete by March 2007. The plant will measure 238,000 square feet.