Milacron Inc., Cincinnati, OH, global supplier of plastics-processing technologies and industrial fluids, reported a net loss for the quarter ended Sept. 30, 2007, of $4.5 million, on sales of $204 million.
  ;
This compared favorably to the company’s net loss in the third quarter of 2006 of $7.2 million.
  ;
Manufacturing margins in the third quarter improved to 19.7% from 18.7% a year ago, primarily as a result of continued cost-reduction and sourcing initiatives. New orders of $203 million were up slightly from $201 million in the third quarter of 2006 due to currency translation effects.
  ;
Our efforts to expand our presence in faster-growing, emerging markets continue to pay dividends,” said Ronald D. Brown, president and CEO. “Our orders from …
Milacron Records Net Loss in Quarter
Milacron Inc., Cincinnati, OH, global supplier of plastics-processing technologies and industrial fluids, reported a net loss for the quarter ended Sept. 30, 2007, of $4.5 million, on sales of $204 million.
  ;
This compared favorably to the company’s net loss in the third quarter of 2006 of $7.2 million.
  ;
Manufacturing margins in the third quarter improved to 19.7% from 18.7% a year ago, primarily as a result of continued cost-reduction and sourcing initiatives. New orders of $203 million were up slightly from $201 million in the third quarter of 2006 due to currency translation effects.
  ;
Our efforts to expand our presence in faster-growing, emerging markets continue to pay dividends,” said Ronald D. Brown, president and CEO. “Our orders from …
Share this article
- Filed In: Free, News, Subscriber Only, Top Distributor Sectors
Log In
Read the latest articles and see your reports.
Popular Now
MDM Directories
Sign Up for the MDM Update Newsletter
The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.
