Hillenbrand Company History Timeline

1861
Shortly after moving to Batesville, Indiana, in 1861, the 16-year-old Hillenbrand found himself orphaned with two infant sisters.
1906
1906 John A. Hillenbrand acquires a troubled casket manufactu rer, Batesville Coffin Company, and changes its name to Batesville Ca sket Company.
1929
1929 One of Hillenbrand's sons, William A. Hillenbrand, founds Hill-Rom Co., which begins making hospital beds.
1940
In 1940, for example, Hillenbrand pioneered the mass production of metal caskets, which became considerably less expensive to manufacture than traditional wooden coffins.
1950
1950 Hill-Rom unveils the first electronically controlled hos pital bed.
1971
After serving as president of the Batesville Casket Company for seven years, Daniel took the reins from his eldest brother in 1971 when he became chairman of the board of Hillenbrand Industries.
1972
To continue the 16 percent revenue growth r ate that the company had averaged since 1972, he believed that Hillen brand would have to expand its international presence.
1978
The company purchased American Tourister, In c., of Warren, Rhode Island, in 1978.
1984
In 1984, Hillenbrand made Medeco Security Locks, Inc. of Salem, Virginia, the fourth company operating under its corp orate umbrella.
1985
1985 Forethought Group, Inc. is formed, marking the company's entrance into the insurance business.
1989
When Gus Hillenbrand replaced his uncle as president and CEO of Hillenbrand Industries in 1989, he presided over the culmination of 83 years of immense growth and prosperity.
1993
Boyer, Mike, Hillenbrand Plans to Sell American Tourister, Cincinnati Enquirer, August 4, 1993.
Hillenbrand has poured millions of dollars into the local community, and in 1993 employed about 60 percent of Batesville's 4,500 residents.
1997
A new chief financial officer was appointed soon afterwards, as well as new department heads for each of the company's three operating companies , Batesville Casket, Rom-Hill, and Forethought, which had been rename d Forethought Financial Services, Inc. in 1997.
2004
Evanoff, Ted, Batesville, Ind.-Based Manufacturer's Stock Rises on Possible Subsidiary Sale, Indianapolis Star, February 14, 2004.
2005
2005 Ray Hillenbrand announces his retirement.
2011
The company continued to diversify with the acquisition of Rotex Global in 2011, a leading manufacturer of dry material separation machines and replacement parts and accessories.
Founded
2008
Company Founded
Headquarters
Batesville, IN
Company Headquarter

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