cemetery

America’s military cemeteries face financial backlog for upkeep and improvements

By Funeral Director Daily / March 25, 2024 /

    Kansas United States Senator Jerry Moran recently testified at a United States Senate Veterans Affairs Committee meeting that “When mourning a death the last thing a grieving family needs is some bureaucratic hurdle or some substandard support.”   That comment came in response to the information provided, according to this article,  that “there…

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Looking outside the grave for cemetery revenue

By Funeral Director Daily / March 21, 2024 /

      Back almost three years ago in July 2021, Funeral Director Daily brought you this story of how a renewable energy company, Verogy, had put a 7,000 panel solar energy farm inside a cemetery in Torrington, Connecticut.  In essence they took out a 20-year lease on the cemetery property with the energy they…

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Funeral company acquires three former SCI firms

By Funeral Director Daily / February 16, 2024 /

    In a press release that we received this week, from the Newbridge Group, we learned that three funeral homes in the state of Maine had been acquired by Family First Funeral Homes & Cremation Care.  The press release also stated, “three funeral homes previously under the ownership of Service Corporation International (SCI) have…

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PlotBox named to the Technology Fast 50 for 2023

By Funeral Director Daily / December 13, 2023 /

  Earlier this month deathtech solutions provider PlotBox announced that it ranked #27 in the 2023 Deloitte Technology Fast 50 Awards.  The Fast 50 is a ranking of the growing technology companies in Ireland.   According to a press release that you can read here, “PlotBox CEO Sean McAllister credits PlotBox’s strategy for global expansion…

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Security National shows the way

By Funeral Director Daily / November 20, 2023 /

  In business it is many times believed that the smaller you are, the more nimble you can be.  And, if you live on a lake or an ocean you probably have heard the phrase that you “can turn around a jetski faster than an aircraft carrier”.   Both of those thoughts came to my…

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Carriage Services sees Revenue increase, Net Income decrease for 3rd Quarter comparables

By Funeral Director Daily / November 13, 2023 /

      Carriage Services reported 3rd Quarter 2023 financial numbers last week in their 3Q 2023 Report that you can access here, and in that report they showed Total Revenue growing to $90.5 million for the quarter and Net Income dropping to $4.6 million for the same period.   That compares to 3Q 2022…

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Death Care Index drops, now in negative position for the year

By Funeral Director Daily / October 9, 2023 /
WallStreet

  The 3rd Quarter of 2023 ended with the end of September and we thought it would be a good time to take a look at how the public companies in Death Care have held up over the course of the past quarter and past nine months.  From our point of view it looks like…

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With a history from livery service to modern funeral home. . . Key West funeral home changes hands

By Funeral Director Daily / October 4, 2023 /

  At Funeral Director Daily we hear about a lot of funeral homes that change hands.  We can’t report on all of them, but some family funeral homes have such unique historical characteristics that we like to pass on the knowledge of those transactions just to keep the historical perspective of funeral homes in America…

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InvoCare posts 2023 first half numbers amid TPG takeover

By Funeral Director Daily / August 31, 2023 /

    InvoCare, Australia’s largest Death Care provider, announced its First Half results for 2023 last week.  That was a little over two weeks after they agreed to be purchased by private equity firm TPG Global for a price announced at about US$ 1.18 billion.   InvoCare, which also has operations in New Zealand and…

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A solution at the cemetery

By Funeral Director Daily / August 10, 2023 /

      According to this article in the Sarnia Observer Harold Sonnenberg has been pretty busy as the superintendent of Greenwood Cemetery in Waterford, Ontario, Canada.   What’s happened there happens all over North America in cemeteries and provides back-breaking work for those who “fix the problem” to satisfy families of those interred.   The…

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