Approximately 51 positions will be eliminated on Dec. 6, and another six jobs will be cut on Jan. 25, 2018. The layoffs are “due to a change in business circumstances,” Spartech officials said in the letter.
Affected employees are not represented by a union, and the company said it was “impossible to predict” which employees will be affected due to early retirement elections and other considerations, the notice stated.
Spartech LLC was an entity of PolyOne Corp. before it was acquired by private equity firm Arsenal Capital Partners for $115 million in July.
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