Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Spartech Plastics LLC history
Spartech Plastics LLC company history timeline
Spartech originated as Permaneer Corporation in St Louis, Missouri in 1960.
In 1980, the company acquired Alchem Plastics, with a plant in Los Angeles producing extruded custom sheet plastic, and a second plastics company, Koenig Plastics Co., a plastic scrap reprocessor, and bundled its plastics businesses under the Alchem name.
1982: The company is reorganized as Spartech Corporation.
Portnoy and Powers agreed to split in 1983.
The company was also profitable, generating $9.4 mil lion in 1987.
Portnoy poured h is personal savings and stock into the company to keep it afloat, but it finally went bankrupt in 1990.
Under pressure from Spartech's major shareholders, British Vita and TCW, Powers resigned from the company in October 1991.
Since 1991, Spartech has been led by President and Chief Executive Officer Bradley B. Buechler, who previously served as controller and chief operating officer for the company.
The loss included the closing of Spartech's failing polyethylene film division, the disposition of which was completed only in 1991.
By January 1996 , Spartech moved to grow again, purchasing Wisconsin-based Portage In dustries Corp. for $16 million and adding that company's $35 million in sales and two sheet extrusion and light-gauge thermoformin g plants.
The Hamelin addition was expected to swell Spartech's revenues to more th an $475 million in its 1997 fiscal year.
In 1998, the company bought Anjac-Doron Plastics Inc., Polyc om Huntsman, and Prismaplast Canada Ltd.
1998: Three purchases are made, including Anjac-Doron Plastics Inc., Polycom Huntsman, and Prismaplast Canada Ltd.
It sold all remaini ng shares in 2004.
Sales surpassed $1 billion in 2004.
2005: Buechler retires; George Abd is named his successor.
Rate Spartech Plastics LLC's efforts to communicate its history to employees.
Spartech Plastics LLC jobs
Do you work at Spartech Plastics LLC?
Does Spartech Plastics LLC communicate its history to new hires?
Spartech Plastics LLC history FAQs
Zippia gives an in-depth look into the details of Spartech Plastics LLC, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Spartech Plastics LLC. The employee data is based on information from people who have self-reported their past or current employments at Spartech Plastics LLC. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Spartech Plastics LLC. The data presented on this page does not represent the view of Spartech Plastics LLC and its employees or that of Zippia.
Spartech Plastics LLC may also be known as or be related to Spartech Plastics and Spartech Plastics LLC.