Seeking to strengthen its lead in all-electric injection molding machines, Cincinnati Milacron Inc. on March 19 created a separate business unit, called Elektron Technologies.
Milacron named 30-year company veteran Richard Yund to head Elektron Technologies as general manager.
The new unit remains within the Batavia, Ohio-based Plastics Technologies Group, but Elektron Technologies is housed at its own facility at Milacron's headquarters campus in Cincinnati.
The facility houses engineering, assembly, machine run-off, sales, service and administration.
All-electric injection molding machines compete against presses powered by hydraulic and toggle clamps.
Milacron's all-electric offerings include its Elektra machine, introduced at the 1994 NPE show, and the Roboshot press from Fanuc Ltd. of Japan.
Milacron, which racked up $736 million in 1997 plastics machinery sales, has predicted that, in 10 years, all-electric machines could capture 50 percent of the market for injection molding presses with clamping forces of less than 1,000 tons.
Yund said all-electrics already account for nearly 30 percent of Milacron's injection molding machine sales, measured in unit volume.
``As we observed the growth in this segment of the industry taking off, we determined that a separate business unit focused on electric molding technology is needed to lead us into our next, more-intense phase of this product's life cycle,'' Yund said.
Yund's most recent post was manufacturing division manager for Milacron's U.S. plastics machinery business.
David Bernardi, the new unit's director of sales and marketing, said: ``Our goal is to create a global electric machine platform that can be manufactured and sold anywhere to maintain high `local market' sales appeal.''
He said Milacron will demonstrate moves toward that goal at the K'98 show in Germany this October.
Other executives of Elektron Technologies include:
Barr Klaus as technical director. He was product and development manager for injection molding machinery at Plastics Technologies.
Bob Meyer is Elektron's chief of engineering. He had been director of product development for the overall plastics group.