Hillenbrand Inc
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About
Hillenbrand Inc. operates as a global industrial company providing highly-engineered equipment and solutions across multiple sectors. Headquartered in Batesville, Indiana, the company operates through three primary business segments: Advanced Process Solutions, Molding Technology Solutions, and Batesville. The Advanced Process Solutions segment delivers specialized equipment and systems for industries including plastics, food, chemicals, and pharmaceuticals. Molding Technology Solutions provides injection molding and extrusion equipment, hot runner systems, and process control solutions primarily serving the plastics industry. The Batesville segment manufactures and distributes burial caskets and cremation products to funeral homes across North America, maintaining a leading position in the death care industry. Hillenbrand employs approximately 11,000 people worldwide and operates manufacturing facilities across North America, Europe, Asia, and South America. The company generates annual revenue exceeding $2.8 billion. Recent strategic initiatives include the 2023 acquisition of Peerless Food Equipment, expanding its food processing capabilities, and the 2021 acquisition of Milacron, significantly strengthening its plastics technology platform. Hillenbrand's diversified business model balances stable cash flows from its Batesville operations with growth-oriented industrial manufacturing businesses. The company serves customers in over 100 countries, leveraging its engineering expertise and application knowledge to deliver customized solutions for complex manufacturing processes.