This combination positions Milacron as a leading provider of fully integrated, turnkey co-injection barrier systems. Customers will have the flexibility to purchase a fully integrated Kortec system, or choose to add a retrofit co-injection melt distribution and control module to their existing injection moulding equipment.
Both of these options can transform operations from mono-layer manufacturing processes to complete co-injection moulding lines.
“The addition of Kortec is a perfect accompaniment to Milacron’s acquisition of hot runner manufacturer Mold-Masters in 2013,” said Milacron CEO Tom Goeke. “Mold-Masters’ existing IRIS barrier technology and Milacron’s machinery platform, in partnership with Kortec, will create the widest co-injection solutions capability in the plastics industry. This furthers our vision to focus on giving our customers an unprecedented range of fully integrated solutions.”
The transaction, subject to customary closing conditions, is expected to close before the end of February 2014.
Source: Milacron
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