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Milacron: the U.S. plastic machinery giant will cut jobs by 10%

the North American Department of Milacron, a plastic machinery giant, will cut 130 jobs, mainly in Batavia branch. Milacron spokesman said that the company cut 10% of its employees to adapt to the current business scale. Miracron applied for bankruptcy protection in March this year, and recently agreed to sell US $175million of assets to debtors. The following data are translated at the current exchange rate). This transaction is expected to be completed a few days ago, which is about one time more effective than constant pressure sources

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