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Spartech Corporation
Announces Opening of
New Plastics Product Development Center
Manufacturing News Center
St. Louis, Missouri, June 26, 2004 -- Spartech Corporation announced
the formal opening of the Company`s new Product Development Center ("PDC")
located in Warsaw, Indiana.
The opening was held in conjunction with the Company`s Annual Technical
Conference where over 230 customer representatives along with local
dignitaries, investors, and suppliers attended the Grand Opening of
the 30,000 square foot facility. Spartech invested more than $8 million
in the PDC to complement the technical capabilities of the Company`s
more than 5,500 customers and to accelerate the development of its new
Alloy Plastics and Product Transformations. It is anticipated that annually
as many as 1,500 visitors will come to the Center to work on process
improvement initiatives, new product developments, and Product Transformations.
Bradley B. Buechler, Chairman, President and CEO, stated that "Spartech`s
new Product Development Center has been designed to serve our current
and future customers by developing thermoplastic and advanced polymer
products that meet the needs of a rapidly growing global marketplace.
Our PDC team will work closely with our business partners to (A) provide
innovative product and process solutions, (B) accelerate new products
to market, (C) optimize product formulations, and (D) complement our
customers` technical capabilities.
The Center will initially consist of two large sheet extrusion lines
and a smaller lab line; two profile extrusion lines; a four station
rotary and one single station thermoformer; complete lab capabilities
with a full range of physical and mechanical testing; and a VEC cell,
which represents today`s state-of-the-art closed-mold plastics processing
technology, for gel coat/FRP replacement. While the PDC certainly represents
a sizable investment for the Company, we believe the payback will be
considerable, as more extensive customer product development, new technologies
and solutions, and the acceleration of products to market, leads us
to increased business and more satisfied customers."
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