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Molding machinery demand helps drive growth at Hillenbrand

Molding machinery demand helps drive growth at Hillenbrand Print BATESVILLE, Ind. Hillenbrand Inc. reported strong results for its second quarter with an 11 percent increase in sales to $722 million driven by growth in two of its three operating segments. Higher sales for the Molding Technology Solutions (MTS) unit, which was Milacron Holdings Corp. before it was acquired in 2019, and the burial casket business offset a drop for the Advanced Process Solutions (APS) unit, which manufactures industrial equipment. In MTS, sales climbed 28 percent, a $56 million increase to $255 million, compared to the prior-year period. The unit sells injection molding, extrusion and hot runner equipment and aftermarket parts and service.

Molding machinery demand helps drive growth at Hillenbrand

Molding machinery demand helps drive growth at Hillenbrand Milacron Holdings Corp., Hillenbrand Inc. Sales in Hillenbrand s molding sales unit, which includes Milacron machines, climbed 28 percent, a $56 million increase to $255 million, compared to the prior-year period. Batesville, Ind.-based Hillenbrand Inc. reported strong results for its second quarter with an 11 percent increase in sales to $722 million driven by growth in two of its three operating segments. Higher sales for the Molding Technology Solutions (MTS) unit, which was Milacron Holdings Corp. before it was acquired in 2019, and the burial casket business offset a drop for the Advanced Process Solutions (APS) unit, which manufactures industrial equipment.

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