Exhibit 99.2

      Milacron Promotes Ross Anderson to Senior VP Finance & CFO

    CINCINNATI--(BUSINESS WIRE)--Aug. 3, 2006--Milacron Inc. (NYSE:
MZ) today announced the board of directors has promoted Ross A.
Anderson to senior vice president - finance and chief financial
officer, effective immediately. His prior title was vice president -
finance and chief financial officer, a position he assumed in August
2005.
    "We are pleased to recognize Ross' efforts and success in dealing
with the many challenges he faces as our CFO," said Ronald D. Brown,
chairman, president and chief executive officer.
    Anderson, 49, joined Milacron in 1989 and has held a number of
positions of increasing responsibility, including general manager of
the North American plastics injection machinery business from 2004 to
2005 and company controller from 2002 to 2004. He holds a B.A. from
Hillsdale College in Michigan and an M.B.A. from Xavier University in
Cincinnati.

    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).

    For photo of Ross Anderson: ftp://ftp.milacron.com/Photo/Officers/

    CONTACT: Milacron Inc.
             Al Beaupre, 513-487-5918
             albert.beaupre@milacron.com