Seattle, WA, USA--(Jobwerx News)--Leading global supplier of plastics processing technologies and industrial fluids, expects lower 2005 second quarter results.

Milacron Inc. a leading global supplier of plastics processing technologies and industrial fluids, expects its 2005 second quarter results to come in near the low end of its range of guidance.

The low end of the company's guidance for the second quarter, last updated on May 5, calls for sales of approximately $198 million and a net loss of about $6 million. These low-end projections still represent continued improvement over the first quarter of 2005 and the second quarter of 2004.

Milacron said that many of its markets are performing reasonably well, particularly its Asian markets and the North American markets for packaging, health care products and building materials. As a result, Milacron's sales continue to increase quarter to quarter and year over year. However, there has been a falloff in demand from the auto industry in North America and continued softness in Western European markets. The decline in demand from the auto industry negatively impacts two of Milacron's higher-margin businesses: large injection molding machines and industrial fluids. This, coupled with ongoing softness in Western European markets and rising oil prices, has led to a tempering of the outlook for the rest of the year.

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.

As a result, Milacron is lowering its guidance for the year. Full year 2005 sales are now expected to be in the range of $815 million to $840 million, and the company projects a net loss in the range of $14 million to $24 million for the year. This compares to sales of $774 million and a net loss of $51.3 million in 2004.

Q2 Earnings Release and Conference Call Set for August 1

Milacron will release its results for the second quarter of 2005 in the morning prior to the stock market opening on August 1, 2005. On the same day at 1:00 p.m. ET, management will conduct an investor conference call, which will be webcast live on the company's website, milacron.com. For analysts and investors wishing to ask questions, the dial-in number will be 913-981-4900. A recording of the conference call will be available from 4:00 p.m. ET, Monday, August 1, through midnight Monday, August 8, on the company's website or by phone: 719-457-0820 and providing the access code: 7477391.