Tag: cemetery business

SCI reports 4th Qtr and Year End numbers
Finance

SCI reports 4th Qtr and Year End numbers

Even though yesterday was the President’s Day holiday and the markets were closed across America, Service Corporation International took the opportunity to report their financial numbers for the 4th Quarter of 2019 and also for the Year End 2019.  We will just report some of the numbers today and after we have a chance to digest the company’s conference call with brokers we will add more commentary. Here is a report from SCI on 4Q 2019 and Year End 2019. […]

Cremation only cemetery being planned
Cemetery

Cremation only cemetery being planned

The city of Amherst, New York, is proposing to build a “first of its kind’ memory garden in that community.  The cemetery, if built, proposes to be a cremation only cemetery with walking paths and gardens and would not allow standard headstones as seen in most cemeteries.  The idea has been proposed by the city to solve a unique issue involving the city owned Audubon Golf Course. It turns out, as you can read in this article, that the city […]

Park Lawn Corporation completes acquisition
Finance

Park Lawn Corporation completes acquisition

Last Friday the Park Lawn Corporation, headquartered in Toronto, issued this press release which confirms that they have completed an  acquisition announced earlier in the year.  The press release tells of the completion of the Nashville, Tennessee area acquisition which includes Family Legacy, LLC, a business with 12 locations.  The acquisition also includes the membership units of WG-TN, LLC. The press release also indicates that the closing excludes one stand-alone funeral home that Park lawn Corporation had intended to purchase […]

Outside the box. . or Vertical/Horizontal?
Business

Outside the box. . or Vertical/Horizontal?

Many people talk of taking their business “Outside the Box” to find new creative ways to generate more revenue and build their business enterprise.  I’m certainly no MBA guy in Business or Finance. . .  but, more or less I’ve been involved in business for about 50 years since I had my first paper route.  I don’t have a degree in any business related field, but I’ve owned about eight businesses, invested in others,  have chaired health care concerns with […]

Throwback Thursday — Cold weather and the burial business
Cemetery

Throwback Thursday — Cold weather and the burial business

Editor’s Note:  I happen to be on vacation this week.  And, when you are from Minnesota, you take vacation in a warm weather climate.  Just for a little throwback to last year at this time, I happened to be on my vacation from Minnesota when the Polar Vortex got stuck over the state.  And, I was glad to be gone.  However, the cold temperatures did remind me of what we used to call in Minnesota “Spring burials”.  Here’s last year’s […]

Funeral Director Daily hits milestones!!!
Business

Funeral Director Daily hits milestones!!!

A couple of days ago the world not only broke into a new decade, but the turning over of the calendar into 2020 also signified a milestone for our little newsletter, Funeral Director Daily.  Last week we passed into the realm of going over 1,000 daily subscribers to the blog I created just to stay in touch with the death care industry after my retirement from such. Subscribers either receive a daily e-mail or Twitter feed of Funeral Director Daily […]

Park Lawn rings in the new year with acquisition
Finance

Park Lawn rings in the new year with acquisition

Toronto based funeral home and cemetery operator Park Lawn Corporation (PLC) announced in a press release on January 2, 2020, that they had acquired two businesses under common control in Tennessee.  In this release PLC announced that they had purchased the stock and membership interests of Family Legacy, LLC and WG-TN, LLC (Harpeth Hills Funeral Home and Cemetery) from William Gregory. Both firms are located in the Greater Nashville, Tennessee area and, according to the release, “expand PLC’s strategic footprint […]

Cemeteries and their problems
Cemetery

Cemeteries and their problems

Over the last couple of years of writing the daily article for Funeral Director Daily one of my routines is to continuously search for information that might be of interest to those in the funeral, memorial, or what is now being called the “Death Care” space.  In doing so, I have came across many articles, and written about some of them, which deal with problems of cemeteries moving forward. In general, those problems stem from one of two areas.  Number […]

Musgrove Family Mortuaries joins Foundation Partners Group
Finance

Musgrove Family Mortuaries joins Foundation Partners Group

We learned last week that one of the northwest United States premier funeral home families has decided to cast their lot with Foundation Partners Group (FPG).  Musgrove Family Mortuaries and Cemeteries, based in Eugene, Oregon, announced last week that they had been acquired by FPG.  You can see the press release from Foundation Partners Group here. Musgrove Mortuaries and Cemeteries history comes out of the Day and Henderson Funeral Home founded in 1883.  The Musgrove family gained ownership in 1973 […]

New Carriage Services COO puts some skin in the game
Finance

New Carriage Services COO puts some skin in the game

As reported last week on Funeral Director Daily, Carriage Services has hired William Goetz as its new Chief Operating Officer.  Late last week we learned that Goetz has came out of the chute by showing confidence in the company the he will lead.  It was reported in this article that on Wednesday, December 11, 2019, Goetz purchased 10,000 shares of Carriage Services common stock at an average share price of $27.48 leading to a total value investment of $274,800. Funeral […]