Make a Spot Color

When you click on the New Swatch icon in the Swatches palette (Window>Swatches), you'll get, yes, a new swatch. However, the swatch will be a process color. If you want a spot color swatch, hold down the Command key (PC: Control key) as you click on the New Swatch icon. To edit your spot color, head to the Color palette (Window>Color).