date:Sep 18, 2012
ase in sales and additional development costs from new food and consumer packaging programs.
Vicki Holt, Spartech's president and chief executive officer, said: Although we continue to make progress on new customer programs in the Packaging Technologies segment, the results for the quarter fell short of our expectations due to lower sales in graphic arts and higher development costs for new programs.
The growth and financial performance of our Packaging Technologies segment have not scaled u