Meanwhile, the Batavia-based plastics machinery maker company awaits a sale that will bring it out of Chapter 11 bankruptcy.

“The changes were made to size our business appropriately for current business levels,” the company said in a statement. “These steps not only lower our overhead costs, they streamline our organization — driving decision-making closer to customers and making us more agile and responsive to customers’ evolving requirements.”

Milacron filed for Chapter 11 bankruptcy reorganization in March. In late June, the court approved Milacron’s sale to two investor groups that bought the company’s debt: New York-based Avenue Capital Group and DDJ Capital Management LLC.

The sale could be final by the end of August, a company spokeswoman said.

The statement announcing the layoffs said that, as it prepares to emerge from Chapter 11 and transition to new owners: “We will be a more financially stable organization that’s leaner and well-positioned for long-term success.”

Milacron officials declined to identify any people who lost jobs in the 130-person layoffs. But there was a high-profile departure a few weeks ago: Ross Anderson resigned as vice president and president of Milacron’s Machinery Technologies North America division, effective July 14.

Another executive, Herb Hutchison, sent an e-mail to business contacts on Aug. 11 saying Milacron has eliminated his position. He was director of international business development for Milacron’s Extrusion Systems Division. Hutchison said he plans to stay in the plastics industry.