Hillenbrand is a global diversified industrial company with multiple market-leading
brands that serve a wide variety of industries across the globe. We pursue profitable
growth and robust cash generation in order to drive increased value for our
shareholders. Hillenbrand’s portfolio is composed of two business segments:
the Process Equipment Group and Batesville®. The Process Equipment Group
businesses design, develop, manufacture, and service highly engineered industrial
equipment around the world. Batesville is a recognized leader in the North American
death care industry. Hillenbrand was incorporated on November 1, 2007, in the
state of Indiana and began trading on the New York Stock Exchange under the
symbol “HI” on April 1, 2008.
We strive to provide superior return for our shareholders, exceptional value
for our customers, and great professional opportunities for our people through
deployment of the Hillenbrand Operating Model (HOM). The HOM is a consistent
and repeatable framework designed to produce sustainable and predictable results.
The HOM describes our mission, vision, values and leader’s mindset; uses
our management practices in Strategy Management, Segmentation, Lean, Talent
Development, and Acquisitions; and prescribes three steps (Understand, Focus
and Grow) to make our businesses both bigger and better. Our goal is to continue
developing Hillenbrand as a world-class global diversified industrial company.
The Process Equipment Group designs, engineers, manufactures, markets, and
services differentiated process and material handling equipment and systems
for a wide variety of industries, including plastics, processed food, chemicals,
fertilizers, industrial minerals, mining, energy, wastewater treatment, and
forest products. The Process Equipment Group uses its strong applications and
process engineering expertise to solve problems for customers. Its highly engineered
capital equipment and systems offerings require after-market service and/or
parts replacement, providing an opportunity for ongoing revenue at attractive
margins.
The Process Equipment Group product portfolio has grown through a series of
acquisitions over the past five years and now includes products and services
for compounding, extrusion, and material handling; size reduction; screening
and separating; and flow control. Each business within the Process Equipment
Group is supported by replacement parts and services that represent approximately
35% of the group’s total revenue. Products are offered under brand names
that are recognized among the leaders in their respective categories.
Batesville® is a recognized leader in the North American death care industry,
where it has been designing, manufacturing, distributing, and selling funeral
service products and solutions to licensed funeral directors operating licensed
funeral homes for more than 100 years. Batesville-branded products include:
burial caskets; cremation caskets and urns; selection room display fixturing
for funeral homes; personalization and memorialization products and services;
and web-based applications that include funeral planning, website products,
and back office software for licensed funeral homes. Batesville also develops
and markets comprehensive operational management software solutions for cemeteries.
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