A. Schulman Inc. is expanding capacity for compounding engineered plastics at its plant in San Luis Potosí, Mexico. The Fairlawn-based compounder and distributor also has made three new executive appointments.
The cost of the expansion was not disclosed. The added capacity will be focused on producing specialty engineered nylons, polyesters and high-performance alloys. The expansion will include installation of a new extrusion line and 12 new jobs.
Schulman said the added capacity will be about 5 million pounds and is expected to become available in the first quarter of 2010.
In the executive ranks, 25-year Schulman veteran Dennis Smith has been named director of new business applications. Smith assumes the newly created position and will continue to lead development of Schulman's Invision-brand sheet resin business, as he has since 2005. Smith was awarded a patent for an Invision-related thermoplastic elastomer ionomer in 2002. Schulman Chairman, President and CEO Joseph Gingo described Smith as a proven innovator.
Oliver Stahl, who joined Schulman in 2003, has been named general manager of the firm's North American engineered plastics business, which includes the San Luis Potosí plant. Stahl most recently served as sales manager for that business, and also worked for Schulman in Europe.
Schulman also named Jennifer Beeman to the new position of director of corporate communications and investor relations. Beeman had been with Cleveland public relations firm Dix & Eaton since 1998.
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