crematory business

Propel Funeral Partners keeps marching forward

By Funeral Director Daily / July 26, 2023 /

      Most of the news out of the South Pacific dealing with Death Care has been about the prolonged potential takeover of Australia’s largest funeral and cremation provider, InvoCare, by the United States based private equity firm TPG Global.  However, while that potential marriage is still under consideration, Propel Funeral Partners, the 2nd…

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Ohio funeral home expands by purchasing a neighbor

By Funeral Director Daily / February 2, 2023 /

    This article from the Canton Repository announced last week the purchase of Canton, Ohio, based funeral home Kreighbaum-Sanders Funeral Homes by Alliance, Ohio, based Cassaday-Turkle-Christian Funeral Home.   Cassaday-Turkle-Christian’s Adam Christian made the following comment, according to the linked article, “We are honored that the Sanders family has given us the opportunity to…

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Death Care investors lose over $4 billion in market value Year to date

By Funeral Director Daily / October 3, 2022 /

Last Friday’s calendar marked the end of the 3rd quarter of 2022 and with it the end of a quarter, and fiscal year for some, of the Funeral Director Daily Death Care Index (DCI) companies.  It won’t be long and we will be hearing the financial reports from each of these companies and how they …

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Matthews sees Memorialization revenue increase, backlog in cemetery orders and delay in cemetery capex

By Funeral Director Daily / November 29, 2021 /

Matthews International, the Pittsburgh based tri-partite conglomerate with the largest percentage of their sales in what they refer to as their “Memorialization Segment” saw an increase in total sales and Memorialization Segment sales for their 2021 Fiscal Year.  As you can see from this 4th Quarter (July, August, September) and Year End report sales in…

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Meet America’s seventh generation funeral firm, NextGen leadership survey

By Funeral Director Daily / August 16, 2021 /

President James Monroe was one of the founding father’s of American history and from 1817 to 1825 he served as the country’s 5th President.  It was during his presidency that David Ross began building coffins in the Shanksville, Pennsylvania, area.  The legacy of that business, the Deaner Funeral Home recently celebrated its 200th year of…

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News you can Use

By Funeral Director Daily / June 18, 2021 /

In our continuing desire to keep funeral service professionals up to date on what is happening in the industry, we bring you these sources of information which may be of information to you.  Have a great weekend. NFDA “A Brush with Death” podcast series —  Podcast #25 brings you the “Class of 2021”.  In this…

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Service Corporation reports 2nd quarter. . . cemetery preneed impressive

By Funeral Director Daily / July 31, 2020 /

North America’s largest public purveyor of death care services, Service Corporation International (SCI), released its 2nd Quarter 2020 results on Wednesday.  In a nutshell, they produced somewhat better than what was expected results in this COVID-19 environment.  You can read their full 2Q 2020 report here. SCI reported revenues for the quarter of $820 million…

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Being Careful with Cremation

By Funeral Director Daily / October 17, 2018 /

With cremation as a choice of disposition gaining acceptance and practice across the United States it stands to reason that funeral homes and crematory operators don’t just get into “a routine” without checking all of the boxes prior to the actual cremation.  Since cremation is irreversible, it behooves us as a profession to get it…

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