Tag: crematories

TGIF – It’s been quite a week!!
Cemetery Cremation Products

TGIF – It’s been quite a week!!

Let’s see. . . Super Bowl, State of the Union Speech, Impeachment Vote, my Minnesota Twins got involved in a blockbuster baseball trade, and my Minnesota Gophers beat arch-rival Wisconsin in basketball. . . it’s been quite a week to keep everything straight.  To end it for my Funeral Director Daily readers I will not bore you with a long business related article. . . but, will just provide you with some links on death care information that has been […]

New facilities around the country
Business Regulations

New facilities around the country

As we go into the weekend we just thought we would update our readers with some new construction going on in the death care business.  The following articles pertain to individual or family owned businesses either being started or being expanded. As we have seen many times with the ideas of proposed crematories — there seems to be a mix of having that crematory welcomed to the community or being looked at by people in the community as “not in […]

Death care and the (near term) changes coming
Business

Death care and the (near term) changes coming

We all know that over the long-term, such as the past 40 years between 1980 and now, change has occurred in the death care industry mainly by the advent of the almost universal acceptance of cremation.  Most funeral homes have been able to weather that storm by offering services for both types of choices in their establishment. At Funeral Director Daily we believe that choices will continue to be the mantra of the public with their decisions on death care.  […]

Ling opines:  “Death stocks .  .clinging to life”
Finance

Ling opines: “Death stocks . .clinging to life”

Financial writer Benen Ling published on Seeking Alpha an article on the United States public funeral home and cemetery companies last week.  He titled his article, “These Death stocks are barely clinging to life”.  You can read the article here. Ling writes a good article and makes some great points about our profession and the public companies in America that operate funeral homes and cemeteries as their principal mode of business.  In particular he delves into what may be the […]

Foundation Partners Acquires South Carolina Firm
Finance

Foundation Partners Acquires South Carolina Firm

Last week we learned that Orlando based Foundation Partners Group had acquired The Island Funeral Home and Crematory and Cremation Simplified in Hilton Head, South Carolina.  According to a press release that you can read here, that purchase expanded Foundation Partner’s network of funeral homes in South Carolina to eleven locations. Funeral Director Daily take:  This purchase, along with several others over the last couple of years, reinforces our thoughts that Foundation Partners is very actively seeking high cremation percentage […]

InvoCare moves forward despite headwinds Down Under
Business

InvoCare moves forward despite headwinds Down Under

Australian funeral service market share leader, InvoCare, is moving forward with capital expenses aimed at becoming more appealing to Baby Boomers in spite of several headwinds on funeral service down under.  You can read an article from Australian Financial Review on the slowing of InvoCare’s business here. In the article InvoCare CEO, Martin Earp, mentions that by the end of 2018 the company will be through about 40% of its $200 million investment in its modernization program known as “Protect […]

Inside the Numbers at Matthews International
Finance

Inside the Numbers at Matthews International

Matthews International reported its 2018 fiscal year 3rd quarter results last week.  You can read the company’s press release and report here. As you may know the Pittsburgh, Pennsylvania based public company operates in three segments:  Brand Solutions, Industrial Technologies, and Memorialization.  Their Memorialization segment is what we are concerned with in the death care industry and they are leaders in cremation technology and supplies, granite and bronze sales, and casket sales thru their Aurora Casket business. Overall, the company […]

Some History on Matthews International
Business

Some History on Matthews International

One of my adages about being in business is that you have to know who you are doing business with.  One of the truly great things about being involved with funeral services is that most of the people and companies that we relate to have a history of solid business and ethical principles to relate to – and have had those principles for over a hundred years. It does seem, however, that as funeral service moves from the small generational […]