A. Schulman (SHLM) to Further Realign North American Engineered Plastics Unit; Sees $8-$10M Charge
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A. Schulman (Nasdaq: SHLM) to further realign its North American engineered plastics unit. The company will close its Nashville, TN facililty, cutting 60 jobs. Schulman sees an $8-$10 million charge. Sees total annual pre-tax benefit of about $4-$5 million.
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