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Hillenbrand
Hillenbrand

-4.97%

Services & consulting / Death care

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Overview
Hillenbrand is a global diversified industrial company focused on providing solutions to its customers through two business segments: Batesville and Process Equipment Group (PEG). The company was founded in 2008 and is headquartered in Batesville, Indiana.
Batesville is a leading provider of funeral products, services and technology solutions. It offers a wide range of products, including caskets, urns, memorial products and personalized memorialization options.
PEG is a leading provider of industrial process equipment and systems, including systems for material handling, thermal processing, and size reduction. Its brands include Coperion, K-Tron, Rotex and TerraSource Global.
Hillenbrand is committed to sustainable business practices and has a strong focus on innovation, technology, and customer service. The company has a global presence with operations in North America, Europe, Asia, and Australia.
In addition to its business operations, Hillenbrand is also committed to giving back to the community through its Hillenbrand Community Investment program and by promoting employee volunteerism and philanthropy.
What is special about the company?
1. Long History: The Hillenbrand company has a long history dating back to 1906 when it was founded as Batesville Casket Company in Indiana, USA.
2. Industry Leader: Hillenbrand is a global diversified industrial company that operates in two core segments: Batesville, a leader in the death care industry, and Process Equipment Group, a leader in the industrial processing and material handling equipment industry.
3. Commitment to Sustainability: The company is committed to sustainable practices and has implemented several initiatives to reduce its environmental impact, such as reducing energy consumption and increasing the use of renewable energy sources.
4. Innovation: Hillenbrand is known for its focus on innovation, investing in new technologies and developing new products to meet the changing needs of its customers.
5. Strong Corporate Culture: The company has a strong corporate culture that focuses on teamwork, integrity, and customer-centricity. It has been recognized as a top workplace by several publications.
6. Commitment to Diversity and Inclusion: Hillenbrand has a strong commitment to diversity and inclusion and has been recognized for its efforts to create an inclusive workplace for its employees.
7. Philanthropy: The company has a philanthropic arm, the Hillenbrand Foundation, which supports initiatives related to health, education, human services, and arts and culture in the communities where the company operates.
8. Strong Financial Performance: Hillenbrand has a strong financial track record, with consistently strong revenue and earnings growth, making it a stable and reliable investment option.
9. Emphasis on Corporate Responsibility: The company places a strong emphasis on corporate responsibility and has been recognized for its efforts in the areas of environmental, social, and governance (ESG) practices.
10. Customer-Centric Approach: Hillenbrand puts its customers at the center of its business operations and focuses on understanding their needs and providing solutions to meet those needs.
What the company's business model?
The Hillenbrand company's business model is focused on providing diverse industrial businesses with innovative and efficient solutions to help them improve their operational performance and grow their businesses. The company has two main business segments: Batesville, which provides funeral services and solutions, and Process Equipment Group, which offers industrial and material handling equipment, systems, and services. Hillenbrand's business model is based on strategic investments in both segments, as well as continued research and development to drive innovation and create long-term value for its customers.
Interesting facts about the company
1. The Hillenbrand company was founded in 1906 by John C. Hillenbrand, a bierbronnen (Belgian beer barrel maker), who immigrated to the United States and started the company in Batesville, Indiana.
2. Originally named the Batesville Coffin Company, the company began by specializing in the production of caskets and funeral products.
3. In 1971, the company changed its name to Hillenbrand Industries to reflect its diverse range of products and services.
4. In 2008, Hillenbrand Industries split into two separate publicly traded companies – Hill-Rom, which focused on healthcare products, and Hillenbrand Inc., which retained the burial product and material handling equipment manufacturing businesses.
5. Hillenbrand Inc. is now a global diversified industrial company that operates three main business segments: Process Equipment Group (PEG), Batesville (funeral products), and Advanced Flow Solutions (AFS).
6. The company’s PEG segment, which is the largest, provides equipment and systems used for processing, packaging, and transporting food, pharmaceuticals, chemicals, and other industrial materials.
7. Hillenbrand Inc. has a history of successful acquisitions and has grown its portfolio through strategic purchases. Some notable examples include the acquisition of K-Tron International, a leading global provider of blending, feeding, and pneumatic conveying equipment, in 2010 and Rotex Global, a manufacturer of screening equipment, in 2011.
8. Today, Hillenbrand Inc. has operations in over 50 countries and serves customers in a wide range of industries, including pharmaceuticals, plastics, food and beverage, automotive, and aerospace.
9. The company is committed to sustainability and corporate social responsibility, implementing initiatives such as waste reduction, energy efficiency, and community involvement programs.
10. In 2021, Hillenbrand Inc. was recognized as one of America’s Most Responsible Companies by Newsweek magazine, ranking in the top 25% of 2,000 assessed companies for its environmental, social, and corporate governance performance.
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