Profile: Hillenbrand Inc (HI.N)
24.86USD
1 Aug 2013
$0.07 (+0.28%)
$24.79
$24.89
$25.11
$24.80
56,636
70,962
$25.53
$16.95
Hillenbrand, Inc. (Hillenbrand), incorporated on November 1, 2007, is a global industrial company, which makes and sells premium business-to-business products and services for a range of industries. Hillenbrand has two business platforms: the Process Equipment Group and Batesville. The Process Equipment Group is engaged in the design and production of equipment and systems used in processing applications and Batesville is engaged in the North American funeral products industry. In September 2012, the Company’s subsidiary, Batesville Casket Company, acquired HMIS, Inc. Effective December 1, 2012, Hillenbrand completed the acquisition of Coperion Capital GmbH (Coperion).
Process Equipment Group
The Process Equipment Group designs, produces, markets, sells, and services bulk solids material handling equipment and systems for a range of industries, including plastics, food, chemicals, pharmaceuticals, power generation, coal mining, pulp and paper, frac sand, industrial minerals, agribusiness, recycling, wood and forest products, and biomass energy generation. Under the K-Tron brand, the Process Equipment Group designs, produces, markets, sells, and services feeders and pneumatic conveying equipment. This equipment can be sold as stand-alone products or as part of engineered systems, where one or more feeders are combined with pneumatic conveying and other complementary materials handling equipment. Feeding equipment controls the flow of materials into a manufacturing process. Pneumatic conveying equipment and related systems are used in many of the same industries as feeders to transport bulk solids from point to point within a manufacturing process. K-Tron products serve a range of industries, including plastics, processed food, pharmaceuticals, chemicals, and non-woven fabric.
The Process Equipment Group designs, manufactures, markets, and sells size reduction equipment that is used to reduce various materials to a smaller size. It has three primary brands, which serve a range of industries. Pennsylvania Crusher and Gundlach products are used to crush various materials related to processes in the power generation, mining, quarrying, glass making, salt processing, fertilizer manufacturing, and other industries. Jeffrey Rader products include equipment used in the pulp and paper, wood and forest, and biomass industries.
Key size reduction products include hammer mills, which crush materials by impact from hammers, then scrub the materials against a screen for desired size; double-roll crushers, which break material by compression; a range of wood and bark hogs, chip sizers, screening equipment, and pneumatic and mechanical conveying systems; and storage/reclamation systems. Other size reduction products include specialty crushers and other equipment.
Under the Rotex brand, the Process Equipment Group designs, produces, markets, sells, and services dry material separation machines. These machines sort dry, granular products based on the size of the particles being processed. Rotex serves a range of industries, including frac sand, potash, urea, phosphates, chemical, agricultural, plastics, and food processing.
Batesville
Batesville is engaged in the North American funeral products industry, where it has been designing, manufacturing, distributing, and selling funeral service products and solutions to licensed funeral directors operating licensed funeral homes. Batesville-branded products include burial caskets; cremation caskets; containers; cremation vaults, urns; burial vaults; selection room display fixturing for funeral homes; personalization and memorialization products and services, and Web-based applications, which include the creation and hosting of Websites for licensed funeral homes.
Batesville brand metal caskets are electronically welded and utilize rubber gaskets and a locking bar mechanism. Batesville’s gasketed caskets are made of carbon steel, stainless steel, copper, and bronze. Batesville premium steel caskets also employ an alloy bar to help protect the casket cathodically from rust and corrosion. It also produces and markets non-gasketed steel products.
Batesville solid and veneer hardwood caskets are made from a range of woods, which are offered in more than nine different species. The Company also manufactures and provides Marsellus premium solid wood caskets, and cloth-covered and all-wood caskets suitable for green burials. Batesville has a range of burial vault offerings, which includes the Endura and Engevity burial vaults and a grave liner.
The Options by Batesville’s cremation business is focused on helping funeral professionals capitalize on the growing trend to select cremation. In addition to a range of cremation caskets, containers, urns, jewelry, and keepsakes, Options offers training, merchandising, and packaging support, and a range of marketing support materials to educate families on cremation choices. Cremation caskets and containers are manufactured of hardwoods and fiberboard. Batesville’s memorial urns are made from a range of materials, including bronze, acrylic, wood, cloisonne, and marble. The Company also offers a range of biodegradable urns and scattering urns.
Batesville Interactive is a provider of funeral home Websites. Batesville Interactive offers a range of technology products and services. Core technology offerings include WebLink funeral home Websites, TributeLink online video tributes, and ObitLink, an online obituary solution offered in partnership with Legacy.com. Batesville also has agreements with brands, such as FTD.COM, Inc., that make it easy for families to order sympathy flowers, cards, and gifts directly from the funeral home’s Website. These solutions are marketed as part of Batesville’s Expressions of Sympathy offerings and are available to licensed funeral homes using Batesville’s WebLink Websites.
Company Address
Hillenbrand Inc
One Batesville Blvd.
BATESVILLE IN 47006
P: +1812.9347000
F: +1812.9347613
Company Web Links
| Name | Compensation |
|---|---|
F. Joseph Loughrey |
-- |
Kenneth Camp |
4,415,880 |
Cynthia Lucchese |
965,414 |
Paul Wilson |
996,791 |
John Zerkle |
977,631 |

