Milacron Holdings Corp. (NYSE: MCRN), a leading industrial technology company serving the plastics processing industry is pleased to announce that their newest European manufacturing facility in Polička, Czech Republic, is progressing as planned.

CINCINNATI--(BUSINESS WIRE)--Milacron Holdings Corp. (NYSE: MCRN), a leading industrial technology company serving the plastics processing industry is pleased to announce that their newest European manufacturing facility in Polička, Czech Republic, is progressing as planned. The Polička location manufactures the Uniloy brand's complete range of blow molding machine systems. Milacrons investment in the Polička facility represents a continued commitment and long-term strategy for the valuable European market. Milacron will also start delivery of its extended injection product portfolio including the Magna Toggle Servo (MTS) and Elektron EVO from Polička, to support growth and customer demand as a result of the successful launch at Fakuma in October 2015.

Milacrons Polička facility opened April, 2015. The world-class facility is over 11,000 square meters, with a planned addition that will add 4,000 square meters. The Polička facility is operated by an experienced and skilled workforce of over 90 employees. The labor force has more than doubled since opening to meet production demands and the rapid increase in recruitment was aided by a successful local open house that saw 1,000+ visitors tour the facility and apply for employment.

Over the last several weeks our production progress has allowed the Polička facility to ship an impressive number of blow molding machines to customers in European countries, South America, China and the United States and are now successfully producing high quality parts in production environments. In addition, Milacron continues to evaluate strategic suppliers to ensure a robust and efficient supply chain to complement the progress of the site. To date things have operated well beyond expectations and as a result have seen 100% on-time delivery of all machine orders.

The facility represents an investment of over €15 million Euros to serve the growth of the European market, and allows Milacron to offer high-speed deliveries and support to customers all across Europe. "Our investment in Europe is imperative to support our growing global customer base. Our goal here is simple; to be the European leader in blow molding system manufacturing," said Ron Krisanda, Chief Operating Officer, Advanced Plastic Processing Technologies.

Milacrons Uniloy brand has blow molding machine manufacturing facilities in Polička, Czech Republic and Afton, OH. The systems are designed and engineered in three technology centers, Berlin, (Germany), Magenta, (Italy) and Afton, Ohio (USA). Uniloys molds are expertly manufactured in Tecumseh, Michigan. Milacrons commitment to service is demonstrated by its European blow molding service centers, located in the Czech Republic, Italy, Germany and the UK.

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.

About Milacron

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 plus a wide market range of advanced fluid technologies. Visit Milacron at www.milacron.com