UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

       Date of Report (Date of earliest event reported): February 23, 2007

                                  MILACRON INC.
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             (Exact name of registrant as specified in its charter)

   Delaware                     1-8485                        31-1062125
----------------        ------------------------       -------------------------
(State or other         (Commission File Number)            (IRS Employer
jurisdiction of                                           Identification No.)
 incorporation)


 2090 Florence Avenue, Cincinnati, Ohio                         45206
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(Address of principal executive offices)                       (Zip Code)


       Registrant's telephone number, including area code: (513) 487-5000

                                 Not Applicable
          (Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2 below):

[ ] Written communications pursuant to Rule 425 under the Securities Act
    (17 CFR 230.425)

[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
    (17 CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
    Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
    Act (17 CFR 240.13-4(c))



ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

On February 23, 2007, Milacron Inc. (the "Company") issued a news release
announcing its results for the fourth quarter of 2006, which is furnished as
Exhibit 99.1 hereto.

This information shall not be deemed "filed" for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise
subject to the liabilities of that section, nor shall it be deemed incorporated
by reference in any filing under the Securities Act of 1933, as amended, or the
Exchange Act, except as expressly set forth by specific reference to such
filing.

ITEM 8.01 OTHER EVENTS

On February 23, 2007, the Company announced that the board of directors approved
a proposal for a one-for-ten reverse split of common stock with the objective of
complying with minimum share price standards for listing on the New York Stock
Exchange.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

        (c)     Exhibits:

Exhibit No.     Description
-----------     -----------
99.1            News Release issued by Milacron Inc. on February 23, 2007



                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


                                        Milacron Inc.

Date: February 23, 2007                 By:    /s/ Ross A. Anderson
                                           -------------------------------------
                                           Ross A. Anderson
                                           Senior Vice President - Finance and
                                           Chief Financial Officer



                                  EXHIBIT INDEX

Exhibit No.     Description
-----------     ----------------------------------------------------------------
99.1            News release issued by Milacron Inc. on February 23, 2007.