Matthews Aurora
Here’s what Matthews International CEO Joseph C . Bartolacci had to say in this prepared press release about the company’s 4th Quarter (reflecting an October 1 Fiscal Year beginning) operations of their Memorial segment, “The Memorialization segment also performed well again in the fiscal 2023 fourth quarter, completing a very good year. Despite the continued…
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Last week a press release came out of Matthews International that seemed to show them on their way to executing their plans in the energy storage solutions business. CEO Joseph Bartolacci commented in the release as such, “We are very pleased to see continued strength in orders for our energy storage solutions. This order…
Read MoreIn 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…
Read MoreIt’s Monday morning and I thought I would bring you some news that hit the wire over the weekend. Nothing new about this news. . . if anything it continues to reinforce the facts that cremation is increasing, people are still paranoid about funeral homes, and less caskets are being sold in America. Here’s is…
Read MoreMatthews International, the Pittsburgh based consolidated company with a division in the death care industry that deals with memorials, cremation equipment, caskets, and more, had an interesting Friday after releasing their 4th quarter and year end earnings on Thursday. You can see a press release of their results here. For the year the company reported…
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