Milacron

Milacron LLC is an American industrial machinery company focused on equipment and technologies used to process plastics. Its principal activities include the manufacture and distribution of injection-molding machinery, extrusion equipment, and related systems used by plastics manufacturers. The company serves industrial customers that convert polymer materials into finished components, packaging, and other products. The modern Milacron organization was reincorporated in 1970 from the Cincinnati Milling Machine Company, linking the brand to an earlier Cincinnati industrial-machinery heritage. Its plastics-processing activities developed through a combination of internal manufacturing and acquisitions. In 1969, the company acquired Austrian extrusion businesses Anger AGM Linz and Anger APM Vienna. Together with its existing injection-molding-machine operations, these businesses provided the foundation for a broader plastics-equipment platform and were associated with the company’s long-running plastics-industry heritage. Milacron expanded its product and market reach through further acquisitions. Ferromatik was acquired in 1993, adding an established injection-molding equipment business. DME, formerly Detroit Mold Engineering, followed in 1996 and strengthened the company’s presence in mold-related products and services. In 2014, Milacron acquired Industrial Machine Sales, Inc. and its sister company Precise Plastics Machinery, broadening its distribution and machinery-sales capabilities. The company experienced significant financial restructuring during the global financial crisis. Milacron filed for protection under Chapter 11 of the United States Bankruptcy Code in 2009 and was subsequently sold to a group of investors. It later became part of Hillenbrand’s portfolio when Hillenbrand acquired Milacron in November 2019. Under that ownership structure, Milacron has operated as one of Hillenbrand’s operating companies. Milacron’s brand portfolio has included Ferromatik, Canterbury, and Genca, while Cincinnati Milacron, Servtek, and Wear Technology are identified as heritage brands. These names reflect the company’s historical presence across molding machinery, plastics-processing equipment, and related industrial technologies. In February 2025, Bain Capital acquired a 51 percent stake in the company, marking another major ownership change. Milacron’s positioning is that of a specialized industrial supplier rather than a consumer-facing brand. Its value proposition is based on manufacturing machinery, process equipment, technical know-how, and support for plastics processors. Its customers typically require high-capital equipment with long service lives, integration into factory production lines, and application-specific performance. Public reference material identifies the company’s core scope but does not provide sufficient current information to describe its full product catalog, revenue, workforce, or geographic sales mix.

Milacron’s modern corporate identity dates to 1970, when it was reincorporated from the Cincinnati Milling Machine Company. The company’s development was rooted in Cincinnati’s long-established industrial-machinery tradition and increasingly centered on plastics processing. Before the 1970 reincorporation, its expansion into extrusion included the 1969 acquisition of Anger AGM Linz and Anger APM Vienna in Austria. These businesses complemented Milacron’s existing injection-molding-machine manufacturing and helped establish a combined injection-molding and extrusion platform. The company continued to build its plastics machinery portfolio through acquisitions. Ferromatik joined Milacron in 1993, adding a recognized injection-molding business. In 1996, Milacron acquired DME, or Detroit Mold Engineering, expanding its involvement in mold engineering and associated products. In 2014, it acquired Industrial Machine Sales, Inc. and its sister company Precise Plastics Machinery. That transaction strengthened the company’s machinery-sales and distribution capabilities, particularly in relation to plastics-processing equipment. Milacron encountered financial difficulties during the late-2000s economic downturn. In 2009, it filed for Chapter 11 bankruptcy protection. The restructuring ended with the company being sold to a group of investors. The available reference material does not provide a complete account of the restructuring terms, creditor outcomes, or the company’s subsequent operating performance. A later ownership transition occurred in November 2019, when Hillenbrand acquired Milacron. Following the transaction, Milacron became one of Hillenbrand, Inc.’s operating companies. The business retained a portfolio of plastics-processing machinery and related industrial brands, including Ferromatik, Canterbury, and Genca. Cincinnati Milacron, Servtek, and Wear Technology are identified as heritage brands associated with its history. In February 2025, Bain Capital acquired a 51 percent stake in Milacron. This transaction introduced another change in the company’s ownership structure. Publicly available reference material supplied for this entry does not establish the detailed governance arrangements, management changes, purchase price, or operating strategy associated with the investment. Across its history, Milacron has combined machinery manufacturing, acquisitions, and brand development to serve plastics processors. Its principal technological scope includes injection molding and extrusion, with adjacent activities in molds, distribution, wear-related products, and fluid technology. The supplied references do not support a more detailed current chronology of product generations, plant locations, financial results, or executive leadership.

1. 2025Bain Capital takes a majority stake

   Bain Capital acquired a 51 percent stake in Milacron in February 2025.

   Source
2. 2019Acquired by Hillenbrand

   Hillenbrand acquired Milacron in November 2019 and added it to its group of operating companies.

   Source
3. 2014Industrial Machine Sales and Precise Plastics Machinery acquired

   Milacron acquired Industrial Machine Sales, Inc. and its sister company Precise Plastics Machinery, extending its machinery-sales and distribution activities.

   Source
4. 2009Chapter 11 restructuring

   Milacron filed for Chapter 11 bankruptcy protection and was subsequently sold to a group of investors.

   Source
5. 1996DME acquired

   The acquisition of Detroit Mold Engineering broadened Milacron’s mold-engineering and related product activities.

   Source
6. 1993Ferromatik acquired

   Milacron acquired Ferromatik, expanding its injection-molding machinery portfolio.

   Source
7. 1970Reincorporated as Milacron

   The company was reincorporated from the Cincinnati Milling Machine Company, establishing the modern Milacron corporate identity.

   Source
8. 1969Expansion into extrusion through Austrian acquisitions

   Milacron acquired Anger AGM Linz and Anger APM Vienna in Austria, complementing its injection-molding-machine operations with extrusion capabilities.

   Source

Specialized industrial equipment supplier for plastics processing, molding, extrusion, and related manufacturing applications.

• Injection-molding machinesPlastics-processing machinery

  Milacron’s injection-molding machinery is used to melt and form polymer materials into components and finished products. Injection molding is one of the company’s core areas and has been part of its operating base since before the modern Milacron reincorporation. Ferromatik is an associated brand acquired in 1993.

• Extrusion systemsPlastics-processing machinery1969

  Milacron’s extrusion activities support continuous plastics-processing applications in which polymer material is forced through a die to create profiles, films, sheets, or other forms. The company’s extrusion platform was strengthened through its 1969 acquisitions of Anger AGM Linz and Anger APM Vienna in Austria.

• DME mold-engineering productsMolds and tooling1996

  DME, acquired by Milacron in 1996, represents the company’s mold-engineering and related tooling activities. These products are adjacent to injection molding because molds determine the geometry and production characteristics of many molded plastic parts.

• Fluid technology productsIndustrial technology

  Fluid technology is identified as part of Milacron’s broader industrial scope. The available reference material does not specify the current product families, technical specifications, or markets in sufficient detail for a more granular description.

• 2025Bain Capital acquires a 51 percent stakeM&A

  Milacron underwent another ownership transition after operating within Hillenbrand’s group.

  What changed. Bain Capital acquired a 51 percent stake in Milacron in February 2025.

  Aftermath. Bain Capital became the majority stakeholder. The supplied reference does not specify the transaction value, governance arrangements, or strategic consequences.

  Source
• 2019Join the Hillenbrand operating-company portfolioM&A

  Hillenbrand pursued the acquisition of Milacron as part of its industrial portfolio strategy.

  What changed. Hillenbrand acquired Milacron in November 2019.

  Aftermath. Milacron became one of Hillenbrand’s operating companies. No purchase price or subsequent financial data is included because it is not supported by the supplied reference.

  Source
• 2009Enter Chapter 11 restructuringOther

  Milacron faced financial pressure during the global economic downturn.

  What changed. The company filed for protection under Chapter 11 of the United States Bankruptcy Code.

  Aftermath. Milacron was subsequently sold to a group of investors. The supplied reference does not provide the restructuring terms or detailed operational aftermath.

  Source
• 1969Acquire Austrian extrusion businessesM&A

  Milacron sought to complement its existing injection-molding operations with extrusion capabilities.

  What changed. The company acquired Anger AGM Linz and Anger APM Vienna in Austria.

  Aftermath. The acquisitions formed part of the combined injection-molding and extrusion foundation later associated with Milacron’s plastics-processing business.

  Source

• 2025Bain Capital acquires a majority stake in Milacron

  Bain Capital acquired a 51 percent stake in Milacron in February 2025, representing a significant change in the company’s ownership structure.

  M&A
  Source
• 2019Hillenbrand acquires Milacron

  Hillenbrand completed its acquisition of Milacron in November 2019, making Milacron one of Hillenbrand’s operating companies.

  M&A
  Source
• 2009Milacron files for Chapter 11 bankruptcy protection

  Milacron sought protection under Chapter 11 during a period of financial restructuring and was later sold to a group of investors.

  Bankruptcy
  Source

1. Milacron