MILACRON has sold its Uniloy Blow Molding Business to Osgood Group and Cyprium Investment Partners,LLC.Tom Goeke,Milacron President and Chief Executive Officer(CEO),said,”The sale of the Uniloy Blow Molding business is being transacted in the best interests of Milacron,its stockholders,and its customers.Uniloy has operated as a Milacron product brand since 1998,and we are confident it will continue to thrive under its new ownership in the years ahead.This divestiture is consistent with our decision to concentrate on our core industry-leading technologies including Milacron injection molding machines,Milacron extrusion equipment,Mold-Masters hot runner and control systems,DME mold components,and our Cimcool fluid technologies.”
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