"We're back." That's the distilled message Dave Lawrence, Milacron LLC's president of worldwide plastics and DME, has for the plastics industry nearly two years after the company exited a bankruptcy reorganization, and the plastics sector bottomed out in synch with the global economy.
Speaking with PlasticsToday from the company's Batavia, OH facility on the second-day of a three-day open house, Lawrence said that Milacron officially returned to profitability in the fourth quarter of 2009, a place it hadn't been in 10 years. Only months removed from the August 2009 completion of its restructuring, the company has stayed in the black ever since.
"I think we're sending some signals to the market that we're back, we're strong," Lawrence said. "That's what the last few days are about. People go out in our factory and say, 'Wow.'" ...