8-K

 

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): December 3, 2007

Milacron Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

Delaware	001-08485	311062125
_____________________ (State or other jurisdiction	_____________ (Commission	______________ (I.R.S. Employer
of incorporation)	File Number)	Identification No.)
2090 Florence Avenue, Cincinnati, Ohio		45206
_________________________________ (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:

[  ]  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 240.13e-4(c))

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) On December 3, 2007, Steven Isaacs resigned as a director from the Company’s board of directors.

(c) On December 3, 2007, Jason Eglit was appointed as a new Series B director. Pursuant to the Director Fee Agreement between Milacron Inc. and Bayside Capital, Inc., which was discussed in the Company's Form 8-K filed October 5, 2007, Board compensation that would otherwise be delivered to Mr. Eglit shall instead be delivered to Bayside. The December 7, 2007 News Release of the Company is included herein as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

99.1 - News Release of Milacron Inc. dated December 7, 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 hereunto duly authorized.

	Milacron Inc.
December 7, 2007	By:	Hugh C. O'Donnell
		Name: Hugh C. O'Donnell
		Title: Senior Vice President, General Counsel and Secretary

Exhibit Index

Exhibit No.	Description
99.1	News Release of Milacron Inc. dated December 7, 2007

EX-99.1

News Release

Milacron Appoints Jason Eglit
to Board of Directors

CINCINNATI, OH, December 7, 2007...Milacron Inc. (NYSE: MZ) today announced the appointment of Jason T. Eglit of Bayside Capital, an affiliate of H.I.G. Capital, to the company’s board of directors effective immediately.

“We are pleased to welcome Jason Eglit to our board,” said Ronald D. Brown, Milacron chairman, president and chief executive officer. “He brings to Milacron a strong background in entrepreneurial and financial expertise.”

Prior to joining Bayside in January 2007, Eglit, 36, was founder and senior vice president of finance and operations of AdvancePath Academics, Inc. Prior to that he was a manager and consultant with Bain & Company, Inc. He holds a bachelor of arts degree from Williams College, a masters of science in engineering-economic systems from Stanford University, and a masters of business administration from the Tuck School of Business at Dartmouth.

The number of directors on Milacron’s board remains at 13, as Eglit replaces former director Steven N. Isaacs of Glencore Finance, who has resigned.

H.I.G. Capital is a leading middle market private investment firm, founded in 1993. It has over $4 billion of equity capital under management focusing on venture capital and traditional leveraged buyout investments. In October 2007, Bayside Capital acquired the majority of Milacron’s Series B Preferred Convertible Stock.

First incorporated in 1884, Milacron is a leading global supplier of plastics-processing technologies and industrial fluids, with major manufacturing facilities in North America, Europe and Asia.  For further information, visit www.milacron.com or call the toll-free investor line: 800-909-MILA (800-909-6452).

Contact: Al Beaupre 513-487-5918 albert.beaupre@milacron.com

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