PolyOne: Closure of four compounding plants
PolyOne Corp. will close four color compound plants in the second half of 2002, while spending US$18 million to improve its eight remaining color sites. Plants in Broadview Heights, Ohio; Florence, Ky.; Gastonia, N.C.; and Somerset, N.J. are closing, in moves that will eliminate 180 jobs. Improvements to the remaining sites will create 30 new jobs.