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

        Date of Report (Date of earliest event reported): May 27, 2004

                                 MILACRON INC.
________________________________________________________________________
            (Exact name of registrant as specified in its charter)

          Delaware                         1-8475              31-1062125
- ------------------------------   --------------------------  ---------------
      (State or other            (Commission File Number)    (IRS Employer
      jurisdiction of                                       Identification No.)
       incorporation)


           2090 Florence Avenue, Cincinnati, Ohio                 45206
- -------------------------------------------------------       ---------------
           (Address of principal executive offices)              (Zip Code)


      Registrant's telephone number, including area code: (513) 487-5000






ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE.

On May 27, 2004, Milacron Inc.issued a press release announcing the issuance
of $225 million of privately placed notes and the placement of the proceeds
thereof into escrow. A copy of the press release is filed as Exhibit 99.1
hereto.

ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.

          (c) Exhibits:

Exhibit No.             Description
- -----------------       ------------------------------------------------------
99.1                    Press release issued by Milacron Inc. on May 27, 2004.






                                  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.

                              Milacron Inc.

Date:   May 27, 2004          By:     /s/ Hugh C. O'Donnell
                                     -------------------------------------------
                                     Hugh C. O'Donnell
                                     Vice President, General Counsel and
                                     Secretary



                                 EXHIBIT INDEX

Exhibit  No.           Description
- -----------------      -------------------------------------------------------
99.1                   Press release issued by Milacron Inc. on May 27, 2004.