Milacron’s Mold-Masters Hot Runner Product Brand Completes Significant Expansion at China Manufacturing Facility; Nearly Doubling Footprint

CINCINNATI–(BUSINESS WIRE)–Milacron Holdings Corp. (NYSE:MCRN), a leading industrial technology
company serving the plastics processing industry is proud to announce
the completion of an 88,000 ft² (8,200 m²)
expansion in Kunshan City, Jiangsu, China to their hot runner and
control systems manufacturing facility and a 26,000 ft²
(2,500 m²) expansion in administration and support staff
offices.

Mold-Masters industry leading hot runners continue to excel globally
with particularly strong growth in the large Chinese and other Asian
regions plastics market. Milacron CEO Tom Goeke stated, “Our hot runner
operations in China have seen year over year growth every year since its
inception in 2005.” Goeke added, “This significant increase in our hot
runner manufacturing footprint will allow us to better serve our
customers in Asia and the world by adding both manufacturing capacity
and engineering know-how to our operations.”

The expansions were completed June 25^th and the initial
installation of new machinery is underway. The expanded footprint allows
for the addition of 30 new machining centers, to be followed by another
22 in the fall of 2017 allowing for major increases in nozzle, manifold
and component manufacturing. The increased capacity and capabilities
will also allow for manufacturing operations, typically done by
suppliers, to be brought in-house, allowing for tighter quality and
delivery control and the reinforcement of Mold-Masters commitment to
continuously improving quality.

An Heid, Mold-Masters President of Asia and Americas stated,
“Mold-Masters operations in China are dedicated to serving the Asian
market and supporting our global operations.” Heid added, “In China,
speed is vital. Our ability to provide unparalleled quality while
providing the industry’s fastest order turnaround in China is a major
differentiator to our competitors. Quotes are returned in hours,
engineering drawings in a day, and final drawing in less than three
days. We continue to offer our customers the fastest delivery times in
the hot runner industry.”

Milacron’s Mold-Masters China operations employ over 800 team
members with that number expected to reach 900 by the end of 2017.
Across all of Asia, Milacron’s product brands including Milacron
injection and extrusion machines, Uniloy blow molding, DME mold
components and CIMCOOL fluids have 11 locations in China as well as
offices in Japan, Korea, Singapore and India.

Milacron has a very proud history in China with many years of experience
and long lasting customer relationships across the ever growing Chinese
plastics market. That unparalleled experience and know-how highlights
Milacron’s commitment to its customers in Asia and the world.

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.

Link to high-resolution photo: https://www.dropbox.com/sh/duelo1m6s2rpvjw/AAD5pophhojJsQISXF4UPxAGa?dl=0

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, mold
components, industrial supplies plus a wide market range of advanced
fluid technologies. Visit Milacron at www.milacron.com.

Contacts

Milacron
Media:
Michael Ellis, 905-877-0185 ext. 354
Director
of Marketing and Communications
[email protected]
or
Investor
Relations:
Mac Jones, 513-487-5057
Vice President Finance and
Investor Relations
[email protected]