Anticipated growth acceleration further strengthens Milacron’s position as the largest North American-based original equipment manufacturer of its kind with a dynamic global footprint.
[BATAVIA, OHIO] March 31, 2025 – Bain Capital, a leading private investment firm, today completed the majority investment in Milacron (or the “Company”), a global industrial leader in the manufacture and distribution of highly-engineered injection molding, extrusion solutions, and aftermarket services for the plastics processing market. Bain Capital will partner with Milacron’s current owner, Hillenbrand, Inc. (NYSE: HI), which will remain a significant investor in the business to ensure the Company’s continued growth.
Milacron has built a legacy over the past nearly 60 years that is defined by innovation, expertise, and a deep commitment to serving its 27,000+ customers as well as each of its nearly 2,000 associates worldwide.
“This is an exciting step in the next chapter for Milacron,” said Mac Jones, CEO of Milacron. “We have established a solid foundation of serving plastics processing customers around the globe for more than five decades through innovative technologies, solutions, and service. More focused resources will allow for the continued development of our offering and the ability to respond to our customers’ needs more readily, enhancing their missions and sustaining their continued success.”
The diverse range of industry end-markets serviced by Milacron includes automotive, construction, consumer goods, electronics, medical, telecommunications, packaging, and much more. The original equipment provider of plastics manufacturing solutions is the largest US-owned and globally served of its kind, with regional offices in Asia, Europe, and Latin America.
“This is a pivotal moment in Milacron’s 50-year history—an opportunity to build on its legacy of innovation and service to accelerate growth,” said Matt Evans, Partner at Bain Capital. “Together, we share a vision for long-term success, driven by strategic investments in technology, products, and services that enhance value for customers in the U.S. and around the world. We are excited to partner with the Milacron team to strengthen its foundation and create lasting impact globally.”
Machine shop leader in Ahmedabad, India celebrates 29 years of service!
Praful Pancholi has dedicated an impressive 29 years to Milacron India, joining the team in April of 1996. Through the years he has demonstrated exceptional skill and commitment, progressing through various roles in plant engineering. Today, he leads the machine shop operations, overseeing a talented team of approximately 100 machinists.
Family
Praful is supported by his loving wife, Gayatri, and their son, Varun, who currently resides in Canada. He values spending quality time with his family and cherishes the moments they share.
Personal Growth and Contributions
Praful’s journey at Milacron is a testament to his dedication and hard work. In the past three years, he has taken on increased responsibilities, stepping up to meet the challenges of his role. He has been actively involved in numerous Kaizen initiatives within plant engineering that focus on enhancing safety, productivity, and delivery. His contributions have not only improved operational efficiency but have also played a significant role in our success, leading to several awards that recognize our industry achievements.
Thank you, Praful, for your unwavering dedication and service to Milacron India. Your commitment to excellence and leadership inspires us all, and we are grateful to have you as part of our team!
Machinist celebrates 50 years of service at Milacron’s Southwest Ohio global headquarters.
Five decades of service to Milacron!
Hedge came to Milacron more than 50 years ago after a good friend’s father convinced him to leave his job at Hobart to join him at Milacron. He started as a Press Operator for the 100” drill presses in 1973.
Since then, he’s enjoyed various roles throughout the years from Bar Mill Operator to a Multi-Machine Operator. He admits to preferring third shift but is currently on second shift as a Boring Mill Machinist and still making the most of every day in the plant with lifelong co-workers he calls friends.
Family
Dave’s wife retired from Milacron about eight years ago after 22 years in circuit boards. They have two grown sons, four grandsons, one granddaughter, two great-grandsons, and two great-granddaughters. He loves spending time with the grandkids and great-grandkids!
Hobbies
Hedge uses his personal dump truck to haul gravel throughout his local community for those who need it for their driveways or parking lots. He also enjoys just being outside on his property in Lynchburg, Ohio.
Perspective
I owe everything I have in this life to Milacron. It’s provided well for my family through the years and supported me through some pretty tough times. Milacron has been a great place to work.
Thank you, Dave, for your dedicated service to Milacron. We appreciate you!
Milacron Quality Control Inspector came to the United States seeking a safer life.
Ricardo Ramirez (Ricky), QC Inspector
Milacron Atlanta
Tenure
1997 – Tooling contractor for several years at CanGen
(now Milacron).
2007 – Returned to CanGen as a machinist for 4-5 years in Tooling, and then moved into Quality Control, where he now serves as a QC Inspector.
Family
Married, 3 kids (one daughter, two sons), 2-year-old granddaughter, and a fur baby.
Heritage
Born in South America’s Republic of Columbia, Ricky came to Atlanta, Georgia / USA in 1995 seeking a safer place to live for his family.
Hobbies
Soccer, bowling, ping-pong, and investments
Favorite book/movie
Titantic and The Champion
How did you end up here?
I just stopped in!
What’s your favorite part about your job here at Milacron?
Being able to use my creativity.
How do you unwind at the end of the day?
I work out.
About Milacron Atlanta
The Milacron Atlanta facility manufactures and rebuilds single screws and barrels for injection molding and extrusion machinery through the hard work of our 40+ associates. In 2024 the facility relocated from Chamblee, Georgia (a suburb of Atlanta) to Norcross, Georgia (also a suburb of Atlanta).
In 2015 Canterbury Engineering and Genca, also known as CanGen, a maker of crosshead dies used for extruding tubing and insulated wire, were acquired by Milacron. Since then, the facility has been a critical part of Milacron’s success as an original equipment manufacturer of plastics processing equipment. And, thanks to associates like Ricky, our legacy of 50+ years of technology, innovation and service carries on.
Thank you, Ricky, for your dedicated service to Milacron Atlanta. We appreciate you!
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Milacron combines all-electric injection moulding with an innovative technology
for the first time at Fakuma 2024.
[Friedrichshafen] 1 October 2024 – Now offering all-electric injection moulding using monosandwich technology, Milacron® is eager for its eQ180-MSW European product premiere at Fakuma (October 15-19, 2024) in Friedrichshafen. One of the world’s leading suppliers of injection moulding machines and solutions, Milacron’s new monosandwich technology debut within the eQ Series evolves the multi-purpose offerings of this all-electric platform line for the European market.
The eQ180 all-electric, 4-cavity injection moulding machine clamps with a force of 180 metric tons with a screw diameter of 50mm, alongside an electrical mono extruder possessing a 40mm diameter screw. Performing with a shot weight of 96g, and a cycle time of 61,5s, the eQ180 will generate countless multi-layer hinges while on display during Fakuma in Hall B3, Booth 3201.
Use of PCR materials in an all-electric platform
The monosandwich process featured in the eQ180 allows for the production of multi-layer parts, utilizing post-consumer recyclable (PCR) materials. Similar to the US market, Milacron co-pioneered the technology more than 30 years ago, but this is the first time it has been integrated into an all-electric machine platform.
Milacron’s IMMs are equipped with an injection unit and a secondary extruder. In the monosandwich process, the core component material is metered in the main injection unit, while the skin component is placed in front of the core component using the secondary extruder. When injected into the mould, the main virgin component flows into the cavity before the core component. The sandwich construction of the part allows PCR material to be used on the inside, while virgin material is used for the outer layer.
“Today, the monosandwich process is more relevant than ever before, as most processors have become very aware of how their production impacts the circular economy,” said Alexander Boos, Managing Director of Milacron Europe. “By integrating PCR into the core of the injection moulded part, upwards of 60% of the core can be recyclable material with our eQ180.”
Milacron Partners With Possibility at Fakuma
The PCR material used in the eQ180 at this year’s Fakuma is provided by Green Dot, one of the largest commodity traders in all of Europe. Green Dot first proved invaluable for Milacron at K 2022, and again last year at Fakuma. “Green Dot is a partner that delivers possibilities for us through sustainable applications that matter for processors,” said Boos.
The 4-cavity mould in the eQ180 is provided by Vermop, a valued Milacron customer of more than 20 years. In addition, retrieval of the machine’s durable hinges will be executed by a Sepro Success22 robot. This auxiliary solution offers integration of state-of-the-art automation technology. Tasks are performed quickly and accurately via a user-friendly control system.
eQ Drives to Deliver performance, precision, savings
The all-electric eQ platform is entirely controlled by the latest generation of servo drives, resulting in maximized acceleration, precise control, and reduced cycle times. The Regenerative Servo Drive technology also lowers energy consumption by feeding excess energy back to the power supply.
Engineered for greater rigidity, the eQ-Series’ performance provides the freedom to produce a wide array of applications in one machine. Additionally, its cleanroom readiness makes the eQ platform ideal for applications that demand precise process control, high-speed injections, consistent repeatability, and clean operation.
Coupled with high-speed responsiveness, superior motion control, and programmable clamp tolerances, Milacron’s Mould and Ejector Protection technology minimizes mould repair costs and reduces downtime without sacrificing speed. A continuous monitoring system, this technology is a closed-loop process that senses the presence of leftover articles from the last process cycle or any foreign object between the core and the cavity.
Developed with excellence as a baseline, the eQ-Series comes with a suite of optional features to meet the various production needs of a wide array of processors, such as the monosandwich option displayed for the first time at Fakuma 2024.
About Milacron
Milacron (www.milacron.com) is a global industry and technology leader in the manufacture of injection molding and extrusion systems. Milacron also manufactures and supplies machines, auxiliaries and components that complement its plastics processing machines and systems. The company’s 1,800 employees worldwide collaborate to provide a wide range of products for various plastics applications in industries such as automotive, construction, medical, telecommunications, material handling, packaging and many more. Milacron has long-standing relationships with more than 27,000 global customers in North America and India, as well as in Europe and many emerging markets, including Central and South America.
Milacron is an operating company of Hillenbrand Inc, a global industrial company that provides highly-engineered, mission-critical processing equipment and solutions to customers in over 100 countries around the world. www.hillenbrand.com.
FOR MORE INFORMATION, PLEASE CONTACT:
Europe, Product
Alexander Boos, Managing Director Commercial Milacron Europe
Ferromatik Milacron GmbH | Brühlstrasse 10 | 79331 Teningen | Germany
T +49.7641.954588360 | M +49.1525.7999925
[email protected] | www.ferromatik.com
United States, Press
Brian Miller, Senior Marketing Manager
Milacron Global Headquarters | 4165 Half Acre Road | Batavia, OH 45103
O +1.513.293.6651 | M +1 513.536.2461
[email protected] | www.milacron.com
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