Milacron’s Success in Low Pressure Injection Molding Machines Strong Pre and Post NPE, Inking Additional Sales with 20/20 Custom Molded Plastics of Ohio
Milacron Holdings Corp. (NYSE: MCRN), a leading industrial technology company serving the plastics processing industry has seen demand increase for its industry-leading Low Pressure Injection Molding (LPIM) Structural Foam machines following a successful NPE 2018 in Orlando, FL. Milacron had a dedicated space in the NPE booth focusing on LPIM technologies and large part molding. An eye-catching display showed a replica platen of the massive Cincinnati 6,750 ton machine sold to 20/20 Custom Molded Plastics of Holiday City, OH.
Owing to 20/20’s successful long-standing relationship with Milacron, at the NPE 2018 trade show they entered into an agreement with Milacron to refurbish and upgrade two of their existing 400 ton LPIM machines to 500 ton LPIM machines, and one of their 500 ton LPIM machines to 750 ton LPIM machines. 20/20 is also having Milacron rebuild and upgrade five of their 750 ton LPIM machines. The machines will undergo a complete remanufacture and rebuild process at Milacron’s Batavia, OH manufacturing plant and be returned like new machines. In total, Milacron is currently rebuilding 8 LPIM machines as well as four HPIM machines as well. “Milacron’s commitment to the LPIM side of the industry, their quality, performance, and service is second to none and is the reason that we made this decision to have them rebuild and upgrade this equipment,” said Ron Ernsberger, President 20/20 Custom Molded Plastics.
Ernsberger added, “Milacron worked closely with our entire team at 20/20 to identify the upgrades to the existing machines to be rebuilt that will put these machines above today’s current machine specifications and give us the widest capabilities for these size machines in the industry. Ernsberger continued, “We also had Milacron integrate some proprietary technologies into their machines that allow us to have the most versatile LPIM Structural Foam machine fleet in the custom molding market. It’s a great partnership between the companies, as all equipment at 20/20 CMP is 100% Milacron.”
Milacron CEO Tom Goeke stated, “Stories like 20/20’s machine retrofits reinforce the fact that Milacron has an unrivaled aftermarket offering. Our aftermarket offerings aren’t only spare parts, we can literally take an older machine and transform it to like new condition. Milacron has set the standards, driven innovation and led the industry in Multi-Nozzle Low-Pressure Injection Molding Technologies for more than four decades. These machines can be used for Structural Foam, Structural Web, Gas Assist, Solid Molding, or combinations of these technologies depending on the application.” Goeke added, “The LPIM market is strong for our customers that require either new or rebuilt machines in both North America and Europe, and we have a number of solid inquiries both domestically and internationally including many from Latin America and India.”
Ideal for injection molding large, lightweight, durable structural plastic parts, the Milacron LPIM Structural Foam Technology creates a cellular foamed core surrounded by integral skins, forming a total integral and rigid structure. In this process, a foaming agent N2 is mixed with the polymer melt and short-shot through a modular multiple nozzle system into a mold (or multiple molds) in a volume less than is required to fill a solid part. The injection pressure and expanding gas/polymer cellular mixture act to fill the mold. The mold cavity pressures are 10 – 20 times lower than conventional injection molding which permits the use of lower cost aluminum molds with no hot runner since the hot runner manifold and nozzle system is integral to the machine. Many molds and large parts of different sizes can be molded at the same time. The multi-nozzle machine design allows for multiple molds to be run simultaneously allowing for higher productivity.
The markets driving the increased level of activity are material handling (pallets and boxes), underground enclosures for telecommunications and utilities, drainage and irrigation products, ATV components, commercial/institutional, and industrial and safety products. Milacron is also seeing other new products being developed that are conversions from concrete, metal, and wood in the building and infrastructure market as well.
Eric Hallstrom, Business Manager Milacron LPIM added “Milacron has been promoting our proprietary Structural Web technology that allows for multi-point gas assist molding that can be added to as an option to our standard LPIM machine. The process allows for a cosmetic part appearance for large projected area parts and can reduce part weights by up to 20%. The gas assist process also creates an inherently strong and durable part, molded with low internal stresses and a dual wall thickness which can replace many rotational molded or industrial blow molded parts with better aesthetics and better cycle times for higher volume parts.”
Milacron has aggressively expanded its rebuild and remanufacture capabilities for LPIM machines for customers. There are a large number of old LPIM machines in the field that were purchased in the late 1980’s and 90’s that are in need of rebuilds and upgrades to control systems and new motor and drive selections, moving away from DC to AC drives which provide better energy efficiency. Milacron’s full remanufacturing consists of fully rebuilding the machine to current model specifications, including full teardown and inspection, platen refurbishment, full re-painting of the machine, new controls, electrical system, and hydraulics. The major tonnage and injection cylinders and hydraulic accumulators are sent out for refurbishment and resealing. New screws, barrels, and injection melt accumulators are also included as part of this program.
Hallstrom added “Essentially we are updating machines that have been in production for over 30 years and bringing them up to the same specifications as our new machines. This has been especially popular since we started to promote this capability to our customers, as they see a significant enough savings since we are re-using the most expensive parts of these large machines, being the bases, platens, and cylinders. The customer gets back a machine that outperforms the machine’s original specifications and is as reliable as a new machine with the same warranty.”
Milacron continues to push the boundaries of possibilities in plastics with breakthrough products from leading brands including Milacron®, Mold-Masters®, DME®, Ferromatik®, Uniloy®, and CIMCOOL®. All Milacron product brands offer industry-leading service, support, and spare parts inventory – trust only Milacron trained experts to ensure your assets run at peak performance.
Link to high-resolution photography: https://www.dropbox.com/sh/wgd5nn1zcos4tpa/AAB7gFaa8WckXIalgO4DOphUa?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, mold components, industrial supplies plus a wide market range of advanced fluid technologies. Visit Milacron at www.milacron.com.
About 20/20 Custom Molded Plastics
20/20 Custom Molded Plastics’ mission is to exceed customers’ expectations by assisting with part and mold design and by working with some of the best toolmakers in the industry. 20/20 helps customers avoid design and production problems because of the expertise developed over many years in the custom structural foam molding industry. 20/20’s 135,000 sq. ft. state-of-the-art facility was built to custom specifications for optimum efficiency. 20/20 has single part capabilities of up to 200 lbs and has incorporated the latest technology available for total control of the molding process. For More information visit: http://www.2020cmp.com
Michael Crawford – Manager Corporate Communications
905-877-0185 ext. 521
Mac Jones – Vice President Finance and Investor Relations