MCRN Milacron Holdings Corp.

Milacron Marks Another Milestone in India – Milacron Delivers the 12,501st Indian Made Injection Molding Machine

Milacron Holdings Corp. (NYSE: MCRN), a leading industrial technology company serving the plastics processing industry, is proud to announce the completion of another significant milestone in our India based operations - the manufacture, sale and delivery of the 12,501st injection molding machine from the Ahmedabad, India manufacturing facility.

On March 22nd, Milacron’s India manufacturing team presented its 12,501st India manufactured machine. The Milacron Magna Toggle 450 ton 2K machine was handed over with great celebration to Mr. Vagish Dixit – Managing Director, Alpla India Company.

Milacron CEO Tom Goeke stated, “India is a vital market for Milacron and it continues to impress. Milacron places great importance in the Indian market and we’re uniquely positioned to serve it in ways our competition simply cannot with our ability to deliver the entire spectrum of services to the plastics industry.”

During the celebration at the Ahmedabad facility, Vagish Dixit stated, “Milacron is a progressive organization with innovation in engineering design and manufacturing. We’re extremely pleased with our partnership with Milacron in India.” Dixit added, “Milacron has fostered our relationship over the last 17 years, when we bought our first injection molding machine. The enthusiasm towards their work and commitment towards customers are the key strengths behind the consistent success of Milacron. The technologies Milacron provides us increase our productivity and the competitiveness of our products.”

During the celebration, Milacron India’s Managing Director, Shirish Divigi, thanked Alpla India for their business and loyalty over the almost two-decade partnership. “As India’s plastics industry continues to grow, Milacron’s Indian operations will continue to excel and offer the industry’s most complete plastics offering.” Divigi added, “The entire Milacron organization is focused on a customer first mentality. We continue to add new value added products and services to better serve our customers in India and across the world. Our customers feel fully supported and connected with our team.”

Milacron India’s Ahmedabad facility completed its most recent expansion in 2016. The expansion allowed Milacron to increase its annual output of 1,500 injection and blow molding machines to 2,100 machines per annum, a 40% increase.

More Milacron India News

Milacron’s Mold-Masters product brand recently celebrated its 10th anniversary. Mold-Masters started its Indian operations in 2007 as an engineering center along with a dedicated sales and service team to provide better support to domestic market. The India hot runner operations expanded in 2010 adding a manufacturing plant to become the first global hot runner brand to do so in India. In recent years the Coimbatore, India facility has undergone a number of expansions to better serve the rapidly growing market demands in India and grown over 350 employees. The anniversary was celebrated with a special customer event.

At Plastivision 2017 in January Milacron Extrusion launched the TC Conical Twin Screw extrusion system in the Indian market. The TC’s customized screw designs are matched specifically to the customer process requirements for optimal performance. The TC uses advanced materials of construction, including tungsten coated screws and tungsten clad barrels for maximum wear protection and the lowest possible life cycle costs. Milacron’s breadth of extrusion offerings is all encompassing, from extruders, to new and rebuilt extrusion barrels and screws, to pipe heads, dies and downstream equipment, providing powerful, reliable solutions that meet customers’ unique needs. Milacron’s extrusion solutions are highly customizable and increase productivity, output and accuracy, while reducing costs.

Milacron continues to push the boundaries of possibilities in plastics with breakthrough products from leading brands including Milacron, Mold-Masters, DME, Ferromatik, Uniloy and CIMCOOL.

Link to high res photos: https://www.dropbox.com/s/fo6m3zpaxejwo3u/IMG_0088.jpg?dl=0

About Milacron

Milacron is a global leader in the manufacture, distribution and service of highly engineered and customized systems within the plastic technology and processing industry. Milacron is the only global company with a full-line product portfolio that includes hot runner systems, injection molding, blow molding extrusion equipment, mold technologies, industrial supplies plus a wide market range of advanced fluid technologies. Visit Milacron at www.milacron.com.

EN
18/04/2017

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1 director sold

A director at Milacron Holdings Corp sold 35,800 shares at 21.080USD and the significance rating of the trade was 84/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years ...

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