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.

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.

Chinese electric vehicle (EV) manufacturer BYD was building a factory in Brazil’s... Margaret Hillenbrand, professor of Modern Chinese Literature and Culture at the University of Oxford ...

See our updated story with comments from Hillenbrand President and CEO Kim Ryan. Batesville, Ind.-based Hillenbrand Inc. is selling the majority of its Milacron injection molding and extrusion ...

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 ...