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
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| Date of Report (Date of Earliest Event Reported): | | August 22, 2006 |
Milacron Inc.
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(Exact name of registrant as specified in its charter)
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| Delaware | 001-08485 | 311062125 |
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(State or other jurisdiction | _____________
(Commission | ______________
(I.R.S. Employer |
| of incorporation) | File Number) | Identification No.) |
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| 2090 Florence Avenue, Cincinnati, Ohio | | 45206 |
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(Address of principal executive offices) | | ___________
(Zip Code) |
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| Registrant’s telephone number, including area code: | | (513) 487-5000 |
Not Applicable
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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 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
Milacron Inc. (the "Company"), was notified by the New York Stock Exchange (the "NYSE") on August 22, 2006, that the Company has fallen below the NYSE’s continued listing standard relating to minimum share price. This standard requires that a company’s common stock trade at a minimum average closing share price of $1.00 during any consecutive 30-day trading period.
Under NYSE guidelines, Milacron must return to compliance within six months following receipt of the notification. The company has notified the NYSE that it intends to remedy this non-compliance and is pursuing various solutions to satisfy the $1.00 per-share minimum price condition, including the completion of restructuring initiatives in 2006, which are expected to generate $15 million in annualized benefits and help Milacron achieve its objective of returning to profitability in 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.
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| | | Milacron Inc. |
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| August 25, 2006 | | By: | | Hugh C. O'Donnell
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| | | | | Name: Hugh C. O'Donnell |
| | | | | Title: Senior Vice President, General Counsel and Secretary |
