Tag: crematories

Cremation Preneed Regulations

Death care receives criticism on three continents

I’ve operated and managed a thriving funeral home.  If you’ve been there and done it. . . you know it is 24/7/365. . . .not many days go by when you don’t worry about something.  And, I’ve dealt with grieving family members, regulators, and the consumer movement too.  When you operate a community funeral home, there is a lot to do. . . . . and a lot of people who will tell you how to do it better — […]

Business

The convention conundrum

Funeral directors have always liked conventions.  I have great memories of Minnesota Funeral Directors Association (MFDA) conventions going back to the 1960’s.  My dad always attended for a day and for his family it was an opportunity to get to the big city (Minneapolis) stay at the downtown Radisson Hotel, and probably get to take in a Minnesota Twins afternoon game on Day 2 before heading for home that evening. My father worked a lot. . . taking care of […]

Business Finance

Independent operators. . . . .know your value

Back in 1990 I spent about three days north of Vancouver, British Columbia, along the Campbell River fishing for salmon with a group of funeral industry people.  One of the days was spent in a small fishing boat with a gentleman about thirty years my senior who had spent almost his entire funeral service career as an acquisition target expert for the large corporate entities.  Suffice it to say, I listened and learned a lot about the mergers and acquisition […]

Cremation Regulations

Air quality limits lifted in Los Angeles County

Citing “a threat to public health” the South Coast Air Quality Management District relaxed rules pertaining to cremation in Los Angeles County last week.  The ruling, according to this article from National Public Radio, will lift limits on the number of cremations that can be conducted monthly by crematory operators. An official for the agency was quoted as saying, “The current rate of death is more than double that of pre-pandemic years, leading to hospitals, funeral homes, and crematoriums exceeding […]

Cremation Preneed

The continued growth of Direct Cremation

Some trends become tidal waves.  This article from Great Britain insurer SunLife takes into account what they saw in 2020 as reported in their “Cost of Dying” report.  You can access the company’s synopsis of the Great Britain death care market here. One of the findings, which is more than likely pandemic induced, but also a growing trend for the future, is that the percentage of Direct Cremations is growing rapidly.  According to the report, as we read it, Direct […]

Finance

Dignity Plc 9-month report: More services, more revenue, less profit

Dignity plc, the United Kingdom’s only publicly listed provider of funeral related services released its report on the first nine months of its 2020 business year earlier this week.  You can read highlights of that report here in a short synopsis of such from Reuters. In essence, the number of deaths in Great Britain increased approximately 15% over the same period of one year ago. Dignity Plc saw their services for January -September 2020 grow to 61,200 from 52,100 in […]

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 […]