Hillenbrand Inc's Business Segments

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.

Hillenbrand Inc. operates through two main segments: the Process Equipment Group and Batesville, both of which provide a comprehensive array of products and services tailored to diverse industries, including manufacturing and funeral services.

Process Equipment Group

The Process Equipment Group has significantly expanded its product offerings through strategic acquisitions, creating a robust portfolio that caters to various industries. This group focuses on six primary product categories:

1. Compounding, Extrusion, and Material Handling Equipment:
- Compounding and Extrusion: The group manufactures twin-screw compounding and extrusion machines that cater to different market segments, including engineering plastics, PVC, and food processing. Products are available under the Coperion® brand and range from small laboratory machines to high-performance systems designed for high throughput.
- Material Handling Equipment: This equipment includes pneumatic conveying systems, feeders, blenders, and various valve types designed to transport materials efficiently across different sectors such as chemicals, food processing, and plastics. The Coperion® and Coperion K-Tron™ brands are used to market these products. These systems can be customized as complete solutions, which may involve application and process engineering expertise to address customer-specific needs.

2. Size Reduction Equipment:
- The group’s size reduction offerings utilize brands such as Pennsylvania Crusher™ and Gundlach®, which are crucial for breaking down materials in diverse industries including power generation, mining, and glass manufacturing. Jeffrey Rader® products complement this range by addressing specific needs in industries like pulp and paper and biomass.

3. Screening and Separating Equipment:
- Under the Rotex® brand, the group provides technologies for sorting particles by size, utilized by industries including agricultural goods and chemicals. The patented gyratory-reciprocating motion enhances material distribution and ensures accurate separation.

4. Flow Control Solutions:
- The ABEL® Pump Technology brand specializes in transferring abrasive and corrosive fluids, vital for sectors such as wastewater treatment and mining. The equipment benefits from piston and piston diaphragm pump technology, offering enhanced durability.

5. Replacement Parts and Service:
- Continuous service support is provided globally, with 35% of the Process Equipment Group’s revenue derived from replacement parts and services. This includes maintenance, training, and modernization solutions tailored to customer needs.

Batesville

Batesville is a leading provider of products and services within the funeral industry, structured around four primary solutions platforms:

1. Burial Solutions:
- Batesville is the foremost manufacturer of caskets in North America, known for its innovative use of materials and design features. The company offers a range of metal and hardwood caskets with various proprietary features, including gasketed and non-gasketed options. The caskets are designed with durability and personalization in mind, providing a range of styles to suit consumer preferences.

2. Cremation Options®:
- In response to the growing trend toward cremation, Batesville provides an extensive assortment of cremation caskets, containers, and urns. This includes training and educational resources to help funeral directors better serve families considering cremation. The product line comprises eco-friendly and biodegradable options, keeping pace with changing consumer preferences.

3. Memorial Solutions:
- This platform focuses on enhancing the memorial experience for families through a wide array of products that can be personalized. Offerings include remembrance jewelry, LifeSymbols® items, and personalized engraving solutions designed to memorialize loved ones uniquely.

4. Technology Solutions:
- Batesville has established itself as a leader in providing technology solutions tailored to funeral homes and cemeteries. Their suite includes web presence products, business management software, and arrangement planning tools that help streamline operations and improve customer engagement. Strategic partnerships with companies like Legacy.com® enhance these offerings by increasing online visibility and providing additional services.

International Operations

Hillenbrand has a significant international presence, with operations extending to key markets in Europe, Asia, and the Americas. By leveraging their global footprint, they can serve a more extensive customer base and adapt their product offerings to meet diverse regulatory and consumer demands across various regions. Each segments international strategies are supported by localized teams that understand regional market dynamics, enabling Hillenbrand to optimize their service offerings and meet the specific needs of their clientele worldwide.

Hillenbrands diverse portfolio and commitment to innovation position the company strongly across its operational segments, fostering growth and resilience in various market conditions. The companys proactive stance in both the Process Equipment Group and Batesville ensures they remain leaders in their respective industries, responding effectively to market evolving trends and consumer preferences.