Milacron’s hot runner brand, Mold-Masters, completes facility expansion to better serve India and Region
(CINNCINATI, OH – August 31, 2015) – Milacron Holdings Corp. (NYSE: MCRN), a leading industrial technology company serving the plastics processing industry, announced today the completion of the expansion at its Mold-Masters’ Coimbatore, India hot runner facility.
In Q2, Milacron’s brand, Mold-Masters, the manufacturer of the plastics industry’s most technologically advanced hot runners and process control systems and market leader in the Indian market for hot runners, completed the expansion of its manufacturing facility to better serve the rapidly growing market demands in India.
The 10,000 square foot facility in Chinnavedampati, Coimbatore is 4 kilometers away from the existing manufacturing facility and about 8 kilometers from Mold-Masters’ head office in Saibaba Colony. This facility will predominantly manufacture the Mold-Masters’ automotive and large part focused hot runner system – Fusion G2. The G2 product line is engineered in Europe and serviced by the Global MasterCARE team.
The Fusion G2’s drop-in, single point connection design ensures easy installation, faster start-ups, reliable operation and user-friendly maintenance for automotive and medium to large part molding applications. The Fusion G2 has recently added improved features including extended nozzle lengths and types, valve pin intelligence with speed control and pin position monitoring and new gate seals. The Fusion G2 will have a prominent display at this year’s upcoming Fakuma 2015, an international trade fair for plastics processing on October 13-17, 2015 in Germany.
Kannan Venkatraman, Mold-Masters Managing Director, India, hosted an opening function and Hans Hagelstein, Mold-Masters Vice President and General Manager for Europe, Middle East, Africa, and India, performed the traditional ribbon cutting ceremony officially opening the facility. Hagelstein commented, “As India’s injection molding market continues to grow, so too will the complexity of the molded products the region produces. With complex products come increasingly complex molds and an increased reliance on hot runners, which is where Milacron’s Mold-Masters brand excels. Whether the mold is simple or incredibly complex, we produce hot runner systems that meet these individual needs, ensuring efficiency, accuracy and reliability.”
Milacron’s Coimbatore, India team has grown from a small team to over 350 employees today.
The hot runner facility expansion is one of the latest milestones for Milacron, which has continued 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/sh/gl5emtw18hj82ui/AACzjGBqtMehFyE64FUWaZyVa?dl=0
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 and extrusion equipment. Visit the new Milacron at milacron.com
For more information, contact:
Michael Ellis, Milacron
905-877-0185 ext. 354