Spartech Corporation, together with its subsidiaries, operates as an intermediary processor of engineered thermoplastics, polymeric compounds, and concentrates in the United States. Spartech Corp. trades on the “New York Stock Exchange” under the stock symbol “SEH”. For more information regarding Spartech Corp. (NYSE:SEH), make sure to visit the Most Exclusive and Leading in Depth newsletter website at: http://www.wallstreetgrand.com/.
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Plastic package manufacturer Spartech Corp. (NYSE:SEH) said Thursday that it returned to a first-quarter profit as it worked to cut costs and boost productivity.
The company earned $4.7 million, or 15 cents per share, for the quarter that ended Jan. 30. That compares with a year-ago loss of $5.1 million, or 16 cents per share.
About Spartech Corp:
Spartech Corporation, together with its subsidiaries, operates as an intermediary processor of engineered thermoplastics, polymeric compounds, and concentrates in the United States. The company operates in three segments: Custom Sheet and Rollstock; Packaging Technologies; and Color and Specialty Compounds. The Custom Sheet and Rollstock segment manufactures plastic sheets, custom rollstocks, laminates, and cell cast acrylics. These products are used in various end markets, including packaging, transportation, building and construction, recreation and leisure, electronics and appliances, sign and advertising, and aerospace. The Packaging Technologies segment manufactures custom-designed plastic packages and custom rollstocks primarily used in the food and consumer product markets. The Color and Specialty Compounds segment manufactures custom-designed plastic alloys, compounds, color concentrates, and calendered film for use by manufacturing customers servicing the transportation, building and construction, food, medical and industrial packaging, lawn and garden, and electronics and appliances sectors. The company sells its products to original equipment manufacturers and other customers in various end markets. Spartech Corporation was founded in 1947 and is based in Clayton, Missouri.
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