Milacron Plastics technology firm unites brands, highlights investment in Europe
USA – Fakuma 2015 in Friedrichshafen saw all six companies - Ferromatik, Mold-Masters, Uniloy, DME, Tirad and Cimcool - under the Milacron brand to highlight the depth of their parent company's portfolio.
“We are really proud of this," said John Gallagher, Milacron’s chief operating officer during a press conference. "Last year we still had three or four booths here but we have brought all the brands together under the Milacron brand this year."
The company has been gradually integrating the businesses to create a single, unified global group. One of the goals is for Milacron to be able to produce any injection moulding machine to the same high specification at any of its plants in North America, Europe or Asia. So it could, for example, develop a machine at its site in Malterdingen, Germany, get CE certification, and then enable all its plants around the world to manufacture the same machine to an identical specification. Gallagher said the idea originally came from discussions with their customers. "The customer has driven us to provide a solution to make high quality plastics parts," he said. "We believe in innovation."
He also emphasised the company's recent commitments to Europe."We have invested significantly in our facilities in the Czech Republic. We purchased Tirad, a significant machining operation for us that we have since been able to extend."
Milacron invested €11m in its new Czech Republic machine assembly facility this year and expanded the current Tirad facility by 1000 m². Moreover, Mold-Masters President Hans Hagelstein had good news for the hot runner business, predicting that the European market will grow by 8% over the next two years.