Tag: casket companies

Matthews Aurora spins off Canadian facility
Finance

Matthews Aurora spins off Canadian facility

In this press release issued by Victoriaville & Co. of Edmunston, New Brunswick, Canada, last week you can read about their acquisition of  Alliance St-Laurent Casket, previously a subsidiary of Matthews Aurora Funeral Solutions. According to a quote from Steve Gackenbach, Group President of Matthews Memorialization, “This divestiture represents a manufacturing consolidation as part of our integration of the Aurora Casket Company.  We continue to invest to deliver world class manufacturing capabilities and superior product quality at our core manufacturing […]

What’s up with Hillenbrand
Finance

What’s up with Hillenbrand

As a saver I keep what investments I have in separate buckets.  I have a bucket for my 401k, I have a bucket that generates current income, and I have a bucket where I hold stocks with the philosophy that these stocks “will be worth more in ten years than they are worth today”.  The idea of that last bucket is stocks that have been bought to hold and grow and no tax (except for dividends) is required on them […]

Matthews reports 1st Qtr 2019. . . . Memorialization segment increases sales
Finance

Matthews reports 1st Qtr 2019. . . . Memorialization segment increases sales

On January 31 Matthews International, parent company of Matthews Cremation and Aurora Casket, reported its first quarter of fiscal year 2019 which covers the period of October 1, 2018 to December 31, 2018.  You can read the press release from Matthews here. As a company the consolidated sales totaled $374.2 million as compared to $369.5 million for the same period one year ago.  Cash flow from operations was reported as higher than one year ago.  The Memorialization segment of the […]

What We See for 2018
Business

What We See for 2018

It is always fun when the ball drops in Times Square at the rise of the New Year to think about how the future will be affecting you.  Thinking about what will happen in the death care industry in North America is not something that comes to everybody’s mind, but if you make your livelihood in that sphere then it does make you wonder about the future. Here is what Funeral Director Daily sees in its crystal ball for the […]

The American Casket Market
Business Products

The American Casket Market

I’ve been able to receive a private report from November 2017 on the State of the American Casket Market.  It is an extensive report that goes into who are the players in the industry, what is the market like, who has what percentage of market share, what is the profitability of the industry, and attempts to give a look into the future of where the industry is going. I found the report, and I’ll share parts of it with readers […]

Batesville Casket Honored by State of Indiana
Business

Batesville Casket Honored by State of Indiana

Batesville Casket company was one of eleven Indiana companies honored and inducted into the State of Indiana Manufacturer’s Hall of Fame in a ceremony on October 4.  Companies were recognized by the Indiana Manufacturer’s Association for their outstanding contributions to the development of a healthy, dynamic manufacturing environment in Indiana. Batesville has been a part of the manufacturing industry in Indiana since 1906 when the Hillenbrand family purchased the Batesville Coffin Company.  Batesville is now a wholly owned subsidiary of […]