Tag: crematories

Afternoon Edition

Afternoon Edition: Black smoke upsets crematory neighbors

Today we bring you several news reports, articles, and video pertaining to a crematory in New York state that last week had black smoke billowing from its cremation stack.  The funeral home, and its crematory, are located in Tonawanda, New York, and according to some of the articles, this is not the first time that neighbors have rallied against the establishment. Funeral Director Daily take:  One of the first things a funeral home would seem to want is good relations […]

Finance

Park Lawn Corp reports 2Q 2020, CEO Green answers acquisition questions

Toronto based Park Lawn Corporation (PLC) reported its 2nd Quarter 2020 financial situation last week.  In it they reported great success on revenue growth and Adjusted Net Earnings.  CEO Brad Green commented on the financial report in saying, “We have grown together as an organization and are poised to continue with our projected growth targets.”   In the quarterly report that you can read here you will find that growth-oriented Park Lawn’s revenues grew from $58.6 million in 2Q 2019 to […]

Finance

SCI’s Tom Ryan talks 2nd Quarter 2020

The 2nd Quarter of 2020, that period that encompasses the months of April, May, and June, was looked at as a quarter which would produce financial results that would be unique, maybe in the entire last century, simply because it was the first 3-month period of the COVID-19 pandemic.  As the United States went into the pandemic in February and March of 2020, many people theorized on how funeral homes and cemeteries would come through with things such as social […]

Finance

Foundation Partners adds to California presence

Funeral Director Daily received word last week that Foundation Partners Group, the Orlando based operator of funeral homes, cremation centers, and cemeteries, has acquired the Bermudez Family Cremations and Funerals operation in Monterey, California. That acquisition expands the Foundation partners network in California to eight locations. Here’s what Foundation Partners Group CEO Bob Bukala had to say about the acquisition, “Bermudez Family Cremations and Funerals makes a great addition to our growing portfolio of operations in Northern California.  The business […]

Afternoon Edition Business

Afternoon round-up

Our feature today in our afternoon edition comes to us from the SentinelSource.com.  That is the online edition of the Keene (NH) Sentinel and today’s article features Keene Funeral Director Susan Simonds. Ms. Simonds is the operating manager of two funeral homes in Keene, both of which happen to be affiliated with the Dignity Memorial Network of Service Corporation International. The article, that you can read here, is a very good testament to someone who came to funeral service as […]

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 […]

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 […]

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.  […]

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 […]

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 […]