BATESVILLE, Indiana, July 11, 2011 – Hillenbrand, Inc. (NYSE: HI) named Mark L. Kohler president of the Size Reduction Group, a division of the company’s K-Tron subsidiary, effective July 1, 2011.
Kohler’s primary responsibility is to oversee the strategy and global growth of the Size Reduction Group’s three brands: Gundlach, which manufactures crushing equipment used at mining sites for coal and other minerals; Pennsylvania Crusher, which makes crushing and sizing equipment used at utilities and other industrial processors; and Jeffrey Rader, which manufactures equipment used for processing bark and wood chips for the pulp, paper, forest products and biomass industries.
A 35-year veteran in the industry, Kohler began his career as a designer at Gundlach in Belleville, Ill., working his way up through positions of increasing responsibility, including vice president of manufacturing. Since 2007, he has served as general manager for the Gundlach brand. During his tenure, Gundlach’s business has more than doubled, including developing and introducing industry-leading crushers and cage mills used in a number of industries around the globe.
“Mark has deep institutional knowledge about both the company and the industries served by the Size Reduction Group,” said Joe A. Raver, president of K-Tron International. “I look forward to working closely with him to develop and implement the company’s global growth strategy.”
About Hillenbrand, Inc.
Hillenbrand (www.HillenbrandInc.com) is a diversified enterprise with multiple subsidiaries focused around two separate operating businesses. Batesville Casket (www.batesville.com) is a leader in the North American death care industry through the sale of funeral services products, including burial caskets, cremation caskets, containers and urns, selection room display fixturing, and other personalization and memorialization products. K-Tron International (www.ktroninternational.com) is a recognized leader in the design, production, marketing and servicing of bulk solids material handling equipment and systems. The company serves many different industrial markets through two product lines. The Process Group focuses primarily on feeding and pneumatic conveying equipment, doing business under two main brands: K-Tron Feeders and K-Tron Premier. The Size Reduction Group concentrates on size reduction equipment, conveying systems and screening equipment, operating under three brands: Pennsylvania Crusher, Gundlach and Jeffrey Rader. HI-INC-E
Disclosure Regarding Forward-Looking Statements
Throughout this release, we make a number of forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. As the words imply, forward-looking statements are statements about the future, as contrasted with historical information. Our forward-looking statements are based on assumptions and current expectations of future events that we believe are reasonable, but by their very nature they are subject to a wide range of risks. If our assumptions prove inaccurate or unknown risks and uncertainties materialize, actual results could vary materially from Hillenbrand’s expectations and projections.
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Here’s the key point: Forward-looking statements are not guarantees of future performance, and our actual results could differ materially from those set forth in any forward-looking statements. Any number of factors — many of which are beyond our control — could cause our performance to differ significantly from what is described in the forward-looking statements. These factors include, but are not limited to: recent global market and economic conditions, including those related to the credit markets; volatility of our investment portfolio; adverse foreign currency fluctuations; ongoing involvement in claims, lawsuits and governmental proceedings related to operations; labor disruptions; our ability to continue the successful integration of K-Tron International; the dependence of our business units on relationships with several large national providers; increased costs or unavailability of raw materials; continued fluctuations in mortality rates and increased cremations; competition from nontraditional sources in the funeral services business; our ongoing antitrust litigation; cyclical demand for industrial capital goods; and certain tax-related matters. For a more in-depth discussion of these and other factors that could cause actual results to differ from those contained in forward-looking statements, see the discussions under the heading “Risk Factors” in item 1A of Hillenbrand’s Annual Report on Form 10-K for the year ended September 30, 2010, filed with the Securities and Exchange Commission (SEC) November 23, 2010. The company assumes no obligation to update or revise any forward-looking information.