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).
Milacron (NYSE:MZ)
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