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Topics Mergers & Acquisitions, Machinery
Companies & Associations Milacron LLC
Milacron LLC is boosting its extrusion services with the acquisition of American Extrusion Services Inc., of Springboro, Ohio.
Terms of the deal were not released.
"What we are looking for is to enhance the service capabilities for our customers. They have 25 years of experience, good relationships with their customers, so it really adds to our ability to serve our customers," said Dean Roberts, president of Milacron's Aftermarket division, in a conference call.
AES offers extruder rebuilds and upgrades, gearbox rebuilds and replacements, barrel alignment, feed screw and barrel measuring, replacement and rebuilding. AES President David Allison will assume a role as director of extrusion services for Milacron. His five-member staff will also remain on the job.
Roberts said the business plans to remain in Springboro and retain the American Extrusion Services name, but that it will be known as part of Milacron.
"This will expand our ability to reach out to the customers that we don't reach now," Allison added.
Roberts also noted that Allison will be responsible for standardizing and growing the gearbox repair business across the different units within the Aftermarket division.
Cincinnati-based Milacron has more than 4,000 employees worldwide and operates five divisions offering plastics processing equipment and expertise, and industrial fluid technology. Its other divisions include Milacron Plastics Machinery, Mold-Masters Hot Runner and Process Control Systems, DME Mold Technologies and Cimcool Fluid Technology.
Roberts said the Aftermarket division starts when the Milacron machinery reaches the dock area. The unit handles the rigging, logistics and training to get it to customer and up and running. Then it is available for parts, rebuilding, maintenance and audits to make sure the machinery runs efficiently.