A. Schulman to Open Polybatch(R) Manufacturing Facility in Akron, Ohio

 A. Schulman, Inc. announced that it is expanding its North American Polybatch(R) manufacturing operations with a new plant at the site of its existing distribution warehouse in Akron, Ohio.

"We needed a new facility in the United States to build on our global success with Polybatch," said Joseph M. Gingo, Chairman, President and Chief Executive Officer. "We intend to be a leader with this product line in the U.S. market just as we are an established leader in Europe and Mexico."

A. Schulman will receive financial incentives from the City of Akron, Summit County and the State of Ohio. The Company expects the facility to provide approximately 20 new jobs initially, and approximately 60 additional positions within the next few years as production increases.

The site has served as a manufacturing facility for other A. Schulman products in the past, and was the Company's first plant when it opened in 1929. The Company has used it solely as a warehouse for its distribution business since November 2000. The distribution operations will continue at the site.

"Our decision to invest in this facility is in line with our overall strategy to maximize the use of our existing assets," Gingo said. "With the building and infrastructure already in place, we expect the conversion to be quick and manufacturing to begin at the site by October 2008."

Gingo added, "We greatly appreciate the support of the city, county and state leaders and their dedication to making this project possible. A. Schulman has a long and proud history in Akron, and we intend to continue to be a major contributor to the community."

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