-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Hn1tIe3oMSZH/7H33G0fjZsSgUuxUxCxMgqxG3aTwJfzYuAy4Wsy2sPnV/GSDuiZ
 9KIj2y8OLnQaZEkPPnR/8w==

<SEC-DOCUMENT>0000919574-06-001649.txt : 20060314
<SEC-HEADER>0000919574-06-001649.hdr.sgml : 20060314
<ACCEPTANCE-DATETIME>20060314115109
ACCESSION NUMBER:		0000919574-06-001649
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20060310
FILED AS OF DATE:		20060314
DATE AS OF CHANGE:		20060314

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MILACRON INC
		CENTRAL INDEX KEY:			0000716823
		STANDARD INDUSTRIAL CLASSIFICATION:	SPECIAL INDUSTRY MACHINERY, NEC [3559]
		IRS NUMBER:				311062125
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1228

	BUSINESS ADDRESS:	
		STREET 1:		2090 FLORENCE AVENUE
		STREET 2:		PO BOX 63716
		CITY:			CINCINNATI
		STATE:			OH
		ZIP:			45206
		BUSINESS PHONE:		5134875000

	MAIL ADDRESS:	
		STREET 1:		2090 FLORENCE AVENUE
		STREET 2:		P.O. BOX 63716
		CITY:			CINCINNATI
		STATE:			OH
		ZIP:			45206

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CINCINNATI MILACRON INC /DE/
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CINCINNATI MILACRON HOLDINGS INC
		DATE OF NAME CHANGE:	19830503

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CINCINNATI MILLING MACHINE CO
		DATE OF NAME CHANGE:	19600201

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			TRIAGE CAPITAL LF GROUP, LLC
		CENTRAL INDEX KEY:			0001309751

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08485
		FILM NUMBER:		06684012

	BUSINESS ADDRESS:	
		STREET 1:		401 CITY AVENUE, SUITE 800
		CITY:			BALA CYNWYD
		STATE:			PA
		ZIP:			19004
		BUSINESS PHONE:		610-668-0404

	MAIL ADDRESS:	
		STREET 1:		401 CITY AVENUE, SUITE 800
		CITY:			BALA CYNWYD
		STATE:			PA
		ZIP:			19004

	FORMER NAME:	
		FORMER CONFORMED NAME:	Triage Capital LF Group LLC
		DATE OF NAME CHANGE:	20041124

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			FRENKEL LEONID
		CENTRAL INDEX KEY:			0001268200

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08485
		FILM NUMBER:		06684013

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		610-668-0404

	MAIL ADDRESS:	
		STREET 1:		C/O TRIAGE CAPITAL LF GROUP, LLC
		STREET 2:		401 CITY AVENUE, STE 800
		CITY:			BALA CYNWYD
		STATE:			PA
		ZIP:			19004
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>p651800_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2006-03-10</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000716823</issuerCik>
        <issuerName>MILACRON INC</issuerName>
        <issuerTradingSymbol>MZ</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001268200</rptOwnerCik>
            <rptOwnerName>FRENKEL LEONID</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O TRIAGE CAPITAL LF GROUP, LLC</rptOwnerStreet1>
            <rptOwnerStreet2>401 CITY AVENUE, STE 800</rptOwnerStreet2>
            <rptOwnerCity>BALA CYNWYD</rptOwnerCity>
            <rptOwnerState>PA</rptOwnerState>
            <rptOwnerZipCode>19004</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001309751</rptOwnerCik>
            <rptOwnerName>TRIAGE CAPITAL LF GROUP, LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>401 CITY AVENUE, SUITE 800</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>BALA CYNWYD</rptOwnerCity>
            <rptOwnerState>PA</rptOwnerState>
            <rptOwnerZipCode>19004</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Series B Convertible Preferred Stock</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>1.75</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2006-03-10</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>62500</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>83.00</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2005-06-01</value>
            </exerciseDate>
            <expirationDate>
                <value>2011-06-10</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>7142857</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnote</value>
                    <footnoteId id="F2"/>
                </natureOfOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">On March 10, 2006, the Reporting Persons (defined below in footnote 2) confirmed the disposition of 62,500 shares of the
 Series B Convertible Preferred Stock.</footnote>
        <footnote id="F2">Leonid Frenkel (&quot;Mr. Frenkel&quot;) is the managing member of Triage Capital LF Group, LLC, a Delaware limited liability company
 (together with Mr. Frenkel, the &quot;Reporting Persons&quot;) that acts as the general partner to the general partner and investment
 manager of various private investment funds and separately managed accounts in whose accounts portions of the reported
 securities are held.  The Reporting Persons disclaim beneficial ownership of the securities reported herein except to the
 extent of their pecuniary interest therein.  This filing shall not be deemed an admission for Section 16 or otherwise, that
 the Reporting Persons are the beneficial owner of any of the securities covered by this filing.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>By: /s/ Leonid Frenkel</signatureName>
        <signatureDate>2006-03-14</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>By: /s/ Triage Capital LF Group, LLC</signatureName>
        <signatureDate>2006-03-14</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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