Milacron LLC has completed the acquisition of Industrial Machine Sales, Inc. (IMSI) and its sister company, Precise Plastics Machinery (PPM). The move follows last year’s announcement that Mold-Masters was to be acquired by Milacron, joining other established brands DME and CIMCOOL, already part of the umbrella.
IMSI specialises in the application engineering of primary plastics processing and support systems for many operations, including injection moulding, extrusion and blow moulding. PPM was established in 1994 as a full service support company for the plastics industry, offering pre-owned equipment and turnkey services.
Based in Southlake, Texas, IMSI and PPM’s staff will join the Milacron team and will remain at the current location. The location will serve as a High Impact Technical (H.I.T.) center in the region providing a full spectrum of plastics machinery support, including training and aftermarket parts and service.
Larry Burchett, President and Owner of IMSI and PPM, will serve as Vice President of Sales and General Manager of the Milacron Certified Pre-Owned Machinery division. Burchett began his career at Milacron and assumed increasing levels of responsibility throughout his tenure. His purchase of IMSI in 1991 ended his direct employment at Milacron, but kept him connected through a 20-year agent association developed among IMSI, PPM and Milacron.
“We are excited to bring IMSI and PPM into the Milacron organisation. As a leading Independent Representative for over 20 years, Larry and his team have contributed significantly to the overall success of Milacron. Now, as a permanent part of our company, we plan to work closely together to improve our customer experience through increased coordination, communication and a single-minded focus to support the customer throughout their asset lifecycle. This move continues to build on our objective to provide unparalleled aftermarket service and support to help fuel our customers’ success. We want to offer a clear total lifecycle advantage in a competitive global landscape,” said Shawn Reilley, Group Vice President of Sales & Marketing, Global Plastics Machinery.
“I have had a long relationship with Milacron and am excited about how the joining of these companies will benefit our customers,” said Burchett. “The strong engineering services approach of IMSI and PPM combined with the technologies of Milacron allows us to be a partner from the purchase of a new machine all the way to when it is time to upgrade or buy new again. No one else in the industry can provide this lifecycle management. It’s all very exciting.”