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Milacron to invest $30 million to expand India production capacity

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Milacron LLC, the global leader in high precision 
plastic processing technologies and control systems, today announced its plans to 
further invest $30 million in its India operations. The firm plans to invest $20 
million in Ferromatik Milacron India’s Ahmedabad facility to double its 
manufacturing capacity of Injection Moulding Machines & Blow Moulding Machines 
as well as commence the production of Extrusion Line. It will invest another $10 
million in Mold Masters (a subsidiary of Milacron LLC), manufacturers of Hot 
Runners & Controls, for expansion at its Coimbatore facility to meet the growing 
customer needs. 
 
Announcing the investment, Milacron President and CEO Mr. Tom Goeke who is 
currently in India stated, “We certainly share the new government’s 'Make in India' 
philosophy. In fact, we have a ‘Made in India, for India’ strategy. It makes immense 
business sense for us, helping us directly target a growing set of customers with 
locally made products in India and sold globally. Going by the current growth rate, 
by 2020 India will be 2nd only to China in the global polymer processing market. We 
are very positive about our growth in India and plan to continue to make 
substantial investments in India and rest of markets in the coming years.” said Mr. 
Goeke. 
 
“The expansion at FMI will increase the production capacity from 1500 to 2100 
Injection Molding and Blow Molding Machines a year. We are also planning to 
double the workforce from the current 1,200 employees in various Indian locations 
to 2,400 in line with the expansion.” Mr. Tom Goeke added. 
The growth of the infrastructure and construction market in India is a major reason 
for the expansion and introduction of Extrusion Line and the company wants to 
expand its market share. 
 
“With the addition of this new range of Extrusion products, we are a step ahead and 
on the edge of technology to better serve our customers in India, SAARC, Middle East and Africa. Our Extrusion Line established products will offer wider range to 
our customers.” said Shirish Divgi, Managing Director, Ferromatik Milacron India. 
Milacron’s state of the art manufacturing plants are based in Ahmedabad and 
Coimbatore. The FMI facility at Ahmedabad is spread over an area of about 55,000 
sq. mt.The plant’s layout and manufacturing methods are in line with its Cincinnati 
based parent company Milacron LLC, with modern in-house manufacturing facility 
to ensure highest quality standards for business improvement. 
 

Source of the image : VDMA

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