Milacron buys European twin-screw maker. (Your Business in Brief).Milacron Inc. in Cincinnati has added European twin-screw machinery and extrusion technology to its ExtrusionTek Business with the purchase of CPM (1) (Critical Path Method) A project management planning and control technique implemented on computers. The critical path is the series of activities and tasks in the project that have no built-in slack time. (Compounding Processing Machinery) GmbH of Grossefehn, Germany. Founded in 1995, CPM now becomes CPM Milacron and will be marketed from both the U.S. and Europe. CPM founder and industry pioneer Dr. Ernst Krueger will work with the overall ExtrusionTek business. "This acquisition gives our U.S. business an immediate infusion of advanced European parallel twin-screw processing technology," said Jim Abbiati, president of ExtrusionTek Milacron. "Our twin-screw products now include a full range of both conical conical /con·i·cal/ (kon´i-k'l) cone-shaped. con·i·cal or con·ic adj. Of, relating to, or shaped like a cone. and parallel machines for siding, pipe, windows, and other technical profiles, as well as compounding and pelletizing Pelletizing or pelletising is the process of compressed or molding of product into the shape of a pellet. A large range of different products are pelletized including chemicals, iron ore, animal compound feed, and more. . In addition, our aftermarket Aftermarket See: Secondary market. aftermarket See secondary market. barrel and screw screw, simple machine consisting essentially of a solid cylinder, usually of metal, around which an inclined plane winds spirally, either clockwise or counterclockwise. business, Wear Technology, gains immediate access to a new range of European design solutions within CPM." Abbiati added that Milacron gains access to CPM's customer base throughout Europe, the Middle East, and Asia. Tel. (513) 487-5000, www.cpm-extrusion.de/cpm |
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