Some people might say that conservatives waxing on the "rugged individual" makes this charge untrue, but I see it the opposite way. Conservatives constantly use rhetoric to cover what they actually mean - the "love of Jesus" while hunting down anyone they happen to disapprove of, "law and order" when defending their guns, "rights" when defending slavery, "equality" when opposing affirmative action's attempts to create that equality. They name nuclear bombers "peacemakers", and talk about the horror of taking human (fetal) life as they send killers to be executed.
The army is a blunt example of conservatism's hatred of the individual. They'll celebrate an individual when they individual lies down on a grenade to save his comrades, but that's about all.
Business considers that "no man is above the corporation". While the USSR named innovative miners "heros of the Soviet Union", in America or Nazi Germany their boss would get a promotion. Conservatives were always the first to look down at nonconformists like "beatniks", "hippies", and "Punks". Those conservatives that didn't hate them still wouldn't hire them.
Of course, conservatives are not against *all* individuality just the individuality of those that aren't rich and/or powerful.