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jmo--dirt cheap for a 11 million market cap company with 800 million revenue-- G/L __________________
Posts: 3056 | Registered: Feb 2005
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Thursday, April 24, 2008 - 2:54 PM EDT Milacron's D-M-E partners with Futaba Corp.Business Courier of Cincinnati Print Article Email Article Reprints RSS Feeds ShareThis Related News SI Diamond extends R&D contract [Austin] Milacron CEO Brown to retire [Cincinnati] Milacron revamps euro credit [Cincinnati] Mold technologies firm D-M-E Co., a subsidiary of Milacron Inc. partnered with Futaba Corp. to expand both companies' manufacturing and distribution capabilities.
Under the agreement, Futaba will have access to D-M-E's tooling technologies and products, as well as its global distribution and service network. D-M-E will have access to Futaba's manufacturing and distribution facilities throughout Asia.
Futaba also has purchased Mitsubishi Steel Manufacturing's stake in JADME, a mold technologies joint venture between D-M-E and the Japanese steel maker. D-M-E retains majority ownership in the venture.
Japan-based Futaba is a supplier of mold bases, as well as fluorescent tubes and radio-controlled equipment parts. Milacron (NYSE: MZ), headquartered in Cincinnati, is a worldwide supplier of plastics-processing technologies and industrial fluids.
Posts: 3056 | Registered: Feb 2005
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I have to leave for work-a quick look for new people-has not moved yet on Japan news. just around 5 million shares outstanding. almost 8.00 a share in cash. and cheap market cap of 11 million for a company that does 800 million in revenue. look at nyse---- was over 300.000 just 6 years ago- http://finance.yahoo.com/q/bc?s=MZ&t=my&l=on&z=m&q=l&c=Posts: 3056 | Registered: Feb 2005
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