The Timken Company (NYSE: NYSE:TKR), known for its engineering bearings and industrial motion products and currently valued at $5.4 billion in market capitalization, has expanded its Board of ...

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.

Hillenbrand has sold a majority stake in Milacron to an affiliate of Bain Capital Special Situations. The provider of highly engineered processing equipment and solutions will sell a 51% stake in ...

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.

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 ...