Milacron Holdings Corp. is closing a long-standing DME mold base plant in Pennsylvania and moving it to a DME factory in Michigan.
The shuttered plant, located in Youngwood, Pa., will be closed by late summer.
The reorganization will affect 63 positions, primarily in manufacturing, DME said in a statement.
Milacron’s DME product brand will continue to manufacture mold bases in the U.S. at the firm’s facility in Greenville, Mich.
Milacron said that, where possible, it would offer relocation to Youngwood-based employees for available positions across all Milacron sites, including Greenville.
“Youngwood had, for many decades, been key in DME’s mold base manufacturing in North America but with the introduction of new manufacturing technologies and the continued migration of mold manufacture overseas, the facility is no longer able to compete cost effectively,” said Peter Smith, DME’s president and general manager. “By consolidating to a single U.S. operation we can direct our investment funds to build a new world class site at Greenville. This facility will incorporate the latest manufacturing processes and, together with its location, it will be ideally positioned to service customers throughout North America.”
Milacron is headquartered in Cincinnati, Ohio.
