Milacron Holdings Corp.MCRN announced that its brand, CIMCOOL has released a new product CIMPULSE 49MP, to its CIMPULSE metalworking fluid line. CIMPULSE will minimize customer hassles by allowing them to use one product across Milacron's wide range of operations.
CIMCOOL - a Milacron Fluid Technologies brand - is a leader in fluid technology. Its metalworking fluids are the premier choices in automotive, aerospace, and industrial metalworking applications. CIMPULSE products has been the fastest growing launch of products in CIMCOOL's history.
CIMPULSE 49MP is an oil-containing, multi-purpose fluid for both machining and grinding. It fits perfectly between Milacron's CIMPULSE 45MP and CIMPULSE 51MP. It offers high performance without the use of traditional extreme pressure lubricants and is recommended for turning, drilling, milling, reaming, boring, tapping and grinding of most metals.
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Milacron produced this fluid based on customers' requirements and their feedback regarding the fluids' cleanliness has been very positive. CIMPULSE fluid is also excellent in hard-water situations and leaves a light, manageable residue. It also serves a broad range of applications with low foaming characteristics, reduces concentrate consumption and carry-off and has an excellent sump life.
Moreover, customers will be able to lower inventory significantly and reduce costs by switching to a CIMPULSE metalworking solution. CIMPULSE 49MP is available for immediate ordering.
Milacron's strategy is emphasised on boosting revenue and operating profits through selective initiatives that leverage its market position. The company remains focused on geographic expansion of product lines, consistent penetration of hot runners and introduction of new technology that displaces other materials, primarily metal and glass.
Cincinnati, OH-based Milacron manufactures engineered and customized systems within the plastic technology and processing industry in North America, Europe, Asia and other countries.
Currently, Milacron carries a Zacks Rank #3 (Hold).
Some better-ranked stocks in the industry are Columbus McKinnon Corp. CMCO , Astec Industries, Inc. ASTE and EnerSys ENS . All these stocks carry a Zacks Rank #2 (Buy).
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
