■ Founded in 1928 by Alex Schulman as a rubber brokerage
■ Headquarters is in Fairlawn
■ $2.1 billion revenue, fiscal 2012
■ Approximately 3,300 employees worldwide
■ Makes resins and plastic compounds used as raw materials by other companies
■ Incorporated in 1919 by Henry Cushman for $1,000
■ Headquarters is in Mayfield Heights
■ $2.2 billion revenue, fiscal 2011
■ Approximately 4,900 employees worldwide
■ Makes polymer additives, specialty plastics, porcelain enamel, tile coatings, color and glass materials, electronic materials and pharmaceuticals
Deal at a glance
■ A. Schulman Inc. offering $6.50 per share; half in cash and half in Schulman stock.
■ Offer valued at $563 million plus assumption of Ferro debt.
■ Schulman initially approached Ferro last November.
■ Ferro Corp.’s board rejected Schulman’s formal offer made on Feb. 13.
■ Schulman on Monday went public with its offer as part of a strategy to engage Ferro shareholders and to pressure Ferro’s board.