Hillenbrand Inc. decided to sell a majority stake in its Milacron plastics machinery business rather than a full divestiture following a portfolio review, President and CEO Kim Ryan said.

Shares of industrial processing equipment and solutions provider Hillenbrand (NYSE:HI) fell 6.8% in the afternoon session after the company reported a mixed quarter. While Hillenbrand exceeded ...

Industrial processing equipment and solutions provider Hillenbrand (NYSE:HI) will be reporting results tomorrow after market close. Here’s what to expect. Hillenbrand beat analysts’ revenue ...

The company will retain an ownership stake of approximately 49%. This transaction reflects the continued execution of Hillenbrand’s (HI) portfolio transformation and profitable growth strategy.