Milacron

Milacron is an American limited liability company that manufactures and distributes cutting edge plastic processing equipment for fields such as for example injection molding, extrusion molding, and metal injection molding. Milacron previously operated as five distinct businesses in this field: Milacron Plastics Machinery, Mold Masters, DME, Milacron Aftermarket, and Cimcool. However, in 2015 they consolidated all their businesses under the Milacron name, and now operate these businesses as brands of the company.

History

Reincorporated in 1970 from the Cincinnati Milling Machine Company, Milacron has grown over the years. With the acquisition of Ferromatik in 1993, DME (Detroit Mold Engineering) in 1996, Uniloy in 1998, and Industrial Machine Sales, Inc. (IMSI) along with its sister company Precise Plastics Machinery (PPM) in 2014. Milacron was formerly traded on the NYSE Arca Component and NASDAQ Component, but trading went over-the-counter in 2008, shortly before bankruptcy was filed in March 2009. This effectively ended Milacron's public trade option. However, due to the company's continued growth and success since filing for Chapter 11 (reorganization) bankruptcy, on April 3, 2015 they filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission.