Hillenbrand Inc - Company Profile
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Business Description
Hillenbrand Inc (Hillenbrand) provides highly engineered, mission-critical, processing equipment and systems. The company’s solutions find application in diverse end markets, including plastic, food, and mineral, pharmaceutical, chemical, and death care markets. Hillenbrand operates through two reportable business segments: Advanced Process Solutions and Molding Technology Solutions (MTS) . Geographically, the company releases earnings in five major regions: United States, Germany, China, India, and Other Countries. In FY2023, the company incurred a capital expenditure of US$69.3 million which grew 80.9% YoY.
R&D Overview
Hillenbrand conducts research and development to enhance its products and services. The company’s R&D efforts strives to provide innovative products and services to solve customers’ challenges. The company’s research and development initiatives provides innovative product and service solutions to solve customer’s challenges. It also develops new products based on its customer’s demands. The company focuses on developing solidifying moulding technology solutions to expand its market reach primarily in metal and glass. The company also aims to provide value-added end-to-end solutions from individual components to integrated systems. In FY2023, the company spent US$25.4 million on R&D, which as a percentage of total revenue was 0.9%.
Business Segments
Overview
Designs, manufactures, markets, and services process and material handling equipment and systems for a range of industries, including plastics, fertilizers, food and pharmaceuticals, minerals and mining, chemicals, energy, forest products, wastewater treatment, and other general industries. Major products include compounding, extrusion, and material handling equipment, size reduction equipment, screening and separating equipment, and flow control solutions. Also offers equipment system design services, and replacement parts and services. Offers products under the brand names Coperion, Coperion K-Tron, K-Tron, Rotex, BM&M, and Herbold.
Performance
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Overview
Focuses on highly engineered and customized systems in plastic technology and processing. Offers products under the brand name Milacron, DME, and Mold-Masters.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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