Milacron
| Milacron LLC
|
|
|---|---|
 |
|
| legal form | Limited Liability Company |
| ISIN | US59870L1061 |
| founding | 1970 |
| Seat |
Cincinnati, Ohio , United States
|
| management | Tom Goeke ( CEO ) |
| Number of employees | 5368 |
| sales | 650 million US dollars (subject to change) |
| Branch | Plastics processing |
| Website | www.milacron.com |
| As of June 1, 2015 | |
Milacron is an American plastics processing company with a focus on injection molding , extrusion technology and metal powder injection molding . Milacron has so far operated with five separate companies in this area, Milacron Plastics Machinery , Mold Masters , DME , Milacron Aftermarket and Cimcool , which were merged under the name Milacron in 2015 and only exist as brand names.
history
In 1884 the Cincinnati Milling Machine Company ("the Mill" for short) was founded as a machine manufacturer in Cincinnati, Ohio . The purpose was to manufacture and distribute new types of machine tools , especially milling machines . The founders of the company were the German immigrants Frederick V. Geier, son-in-law of Adolphus Lotze and Fred Holz.
From the 1890s to the 1960s, the Cincinnati Milling Machine Company was one of the largest milling manufacturers. Other types of machines such as planers and grinders were also made.
After his death in 1934 Frederick V. Geier took over the management. In 1968 the company began manufacturing injection molding machines , where the Cincinnati Milling Machine Company became the market leader in the USA until 1977. The company in 1979 increased in the production of epitaxy - wafers one.
In 1970 the company was reorganized as Cincinnati Milacron Inc. and was later called Milacron Inc. The engineering business was then sold to Unova, while individual parts traded as the Cincinnati Machine Company . An Indian subsidiary, Cincinnati Milacron Ltd, is now called Ferromatik Milacron India Pvt Ltd.
From 1976 to 1990 Jim Geier was CEO of Milacron. In the 1980s and 1990s, the company was faced with increased competition e.g. B. faced from Japan. As a result, there was an ongoing restructuring in which unprofitable business areas, such as the chemicals business, were sold to Thiokol .
Since the reorganization of the Cincinnati Milling Machine Company in 1970, Milacron has grown steadily and the takeover of
- Extruder builders Anger AGM Linz and Anger APM Wien (Austria) in 1969.
Together with the existing injection molding machine production, it was the basis for "50 years in plastic".
- Ferromatik from Malterdingen in 1993, from DME Detroit Mold Engineering 1996, from Uniloy 1998, as well as from Industrial Machine Sales, Inc. (IMSI) and its sister company Precise Plastics Machinery (PPM) in 2014. Milacron was initially a listed company, which was listed in NYSE Arca and NASDAQ , switched to over- the -counter trading in 2008 after sales difficulties , before the insolvency became known in March 2009 and the share was banned from trading. As a result, Chapter 11 bankruptcy was filed . In April 2015, the company filed an application for an initial public offering (IPO) with the US Securities and Exchange Commission due to positive economic development .
Brands
Milacron owns the following brands : Ferromatik, Uniloy, Mold-Masters, DME, Cimcool, Tirad. Former brands are Cincinnati Milacron, Kortec, Servtek and Wear Technology.
Individual evidence
- ↑ Q2 2015 Earnings Presentation
- ↑ Milacron Common Stock (MZ) . Retrieved January 30, 2015.
- ↑ Milacron . Retrieved January 30, 2015.
- ↑ Singh Satnam: Milacron commits $ 30 million to investment in India . Retrieved January 30, 2015.
- ↑ Clare Goldberry: Miacron unveils new brand and integrated product portfolia at NPE . Retrieved April 13, 2015.
- ↑ Herman, Arthur. Freedom's Forge: How American Business Produced Victory in World War II, pp. 147-50, Random House, New York, New York, 2012. ISBN 978-1-4000-6964-4 .
- ↑ a b Milacron, Inc. History at FundingUniverse
- ↑ Ferromatik Milacron factory walk-through 2013 (PDF; 4.6 MB)
- ^ Cincinnati Milacron 1884-1984 finding better ways. Library of Congress Catalog Card Number 84-72726
- ↑ Milacron Expands Aftermarket Business Again . Retrieved January 30, 2015.
- ^ Milacron's Proud manufacturing history . Archived from the original on January 30, 2015. Info: The archive link was automatically inserted and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. Retrieved January 30, 2015.
- ↑ Bowdeya Tweh: Milacron plans IPO in comeback from bankruptcy . Retrieved April 15, 2015.
- ↑ now Milacron Co-injection
- ↑ Our Brands . Retrieved March 25, 2015.
- ↑ now part of Milacron Aftermarket Service
