Products

What’s next for Matthews?

By Funeral Director Daily / February 9, 2023 /

    The last year has brought many changes to Death Care as it pertains to those companies that have been operated in the public markets.  Both StoneMor and Dignity plc have been taken out of the public realm and into private ownership space and Batesville has been spun-out of Hillenbrand Industries and purchased by…

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Re-evaluating the Funeral . . moving away from religion

By Funeral Director Daily / February 7, 2023 /

    There is not only a lot of talk lately about the funeral, memorial service, and celebrations that families are contemplating  in the future for themselves and their loved ones, but there is also a lot of investment money being spent on companies who want to be on the upside swing of what these…

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LongRange Capital announces completion of Batesville acquisition. . . . retains Trainor as CEO

By Funeral Director Daily / February 3, 2023 /

    Earlier this week we received notice that LongRange Capital has completed the acquisition of Batesville.  The transaction of purchasing the Batesville Company from public company Hillenbrand Industries was announced late in 2022 and apparently now has been completed.   In addition, the private equity firm announced in this press release that Batesville CEO…

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Victoriaville & Co. expands to Ohio. . . .our casket math

By Funeral Director Daily / February 3, 2023 /

    Victoriaville & Co., the Canadian based company that provides death care merchandise on three continents, announced in this press release a 67,000 square foot manufacturing facility in Cleveland, Ohio.  According to Alain Dumont, President and CEO of Victoriaville & Co., “This manufacturing addition to our existing capacity has become necessary in order to…

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Matthews International reports Fiscal Year Q1 . . . increases total revenue, but Memorialization sales fall

By Funeral Director Daily / February 1, 2023 /

  Public company Matthews International, with a stake in the death care business, reported their Fiscal Year 2023 First Quarter last week and in doing so reported a company-wide quarter over quarter sales revenue increase of about 2.4%.  The entire revenue increase, however, comes from their much heralded investment in the energy storage solutions business.…

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I’ve said it before, “The niches are coming” to funeral service

By Funeral Director Daily / January 18, 2023 /

  I’ve said it before and truly believe it.  Death care is changing and will continue to change.  No longer are traditional funeral homes the only option for those who need death care services.   Have you heard of the “Be a Tree Cremation Service” of Denver, Colorado, yet?  Neither had I until this past…

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Is hospice an ally or a threat?

By Funeral Director Daily / January 13, 2023 /

  Lee Webster has co-founded an organization known as the National End-of-Life Doula Alliance and served in leadership positions at the National Home Funeral Alliance and the Green Burial Association.   According to this recent article in Hospice News Webster makes this comment, “I’ve definitely seen a growing trend of natural burials really appealing to…

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New York state approves human composting

By Funeral Director Daily / January 5, 2023 /

  One of the things that happened at the end of 2022 is that New York Governor Kathy Hochul signed a bill into law that permits the State of New York to add Natural Organic Reduction (NOR), sometimes referred to as “human composting”, to the list of legal human remains dispositions.  According to this article…

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EPA continues risk assessment on formaldehyde, NFDA works to support funeral profession

By Funeral Director Daily / January 4, 2023 /

  It’s inevitable that regulations by government agencies are necessary in a civilized society.  Sometimes, however, when you own and operate a business it seems like you don’t want to take a step in any direction simply because you think that step may be against some type of regulation.  At least, that’s the way that…

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2023: The Year of the Ancillary Sale

By Funeral Director Daily / January 2, 2023 /

  Last Friday I printed a story about five trends or happenings that I saw in calendar year 2022 and how they will relate to Death Care as we move into the future.  I’ve not been shy about saying two things are happening and will continue to happen.  Those two things are an increase in…

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