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A. Schulman to Cut 104 Jobs By Erik Even  |  Dated: 03-02-2009

A. Schulman, a manufacturer of plastic compounds and resins, said it plans to cut nearly 5% of its work force.

The company will slash 64 positions from its work force in Europe and Mexico as part of restructuring that will lower capacity by 5%.

A. Schulman will eliminate 40 positions to reduce international selling, general and administrative costs.

A. Schulman is a global plastics supplier headquartered in Akron, Ohio. The company is a leading international supplier of high-performance plastic compounds and resins, which are used as raw materials in a variety of markets. In 2007, the company was listed as 981 on the Fortune 1000.

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