PolyOne to Close Color Additives Plant in Manchester, England
PolyOne Corporation announced that it will phase out its Manchester, England, plastic color additives facility. The plant closing, targeted for completion by the end of the first quarter of 2006, is part of the Company's objective to reduce costs and align capacity with market demand.
The Manchester facility, with approximately 40 employees, serves primarily the United Kingdom (UK) packaging market with color additives. Until the plant closes, a limited workforce will continue operations while business with key customers is transitioned to other PolyOne plants or customers find other sources for products.
The decision will have no effect on customers for wire and cable products, engineering compounds and some concentrate ranges that already were supplied from other PolyOne facilities throughout Europe. This decision also does not affect PolyOne's Polymer Coatings Systems business unit, which manufactures vinyl plastisols, inks and additive dispersions at a plant in Widnes, England.
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