NFDA
A sale was recorded last Monday in the Dayton, Ohio area pertaining to the purchase of land at 820 Miamisburg-Centerville Road according to property records reported by the Dayton Daily News. The property, with seven acres of land, was owned by Schlientz-Moore Funeral Home and purchased by Warren Family Funeral Homes, Inc. According to the…
Read MoreDeath care industry company Service Corporation International recently presented at the Raymond James 39th Annual Institutional Investors Conference. I’ve found a slide deck about their company on Seeking Alpha that you can see here. It was part of their power point presentation to institutional investors and is an interesting synopsis of the company as…
Read MoreI came across an article the other day on nextavenue.org that you can read here pertaining to the growing number of women who are entering the funeral director field. The article focused on funeral director Jan Smith of Indianapolis who attended mortuary school in the 1990s. Ms. Smith recalls that the number of females in…
Read MoreYesterday Park Lawn Corporation announced another acquisition of a funeral home. Fresh off the announced purchase of seven cemeteries in New York and New Jersey last week for a combined price of close to $50 million, the Toronto based company announced the purchase of the Billingsley Funeral Home in Huntsville, Ontario. In a press release…
Read MoreLast week our Commander/Businessman-in-Chief, President Donald Trump, indicated that he is willing to put a 25% tariff on steel imports from foreign countries. It is interesting to note that, at this time, we don’t know if he will follow thru with such or is using the threat to get Mexico and Canada back to the…
Read MoreOn Friday StoneMor Partners issued a press release that you can read here. In it they announced that current CEO Paul Grady would be leaving and would be replaced by Leo Pound, who has been a director of StoneMor since 2014 and was previously their acting Chief Operating Officer. According to the release, Pound is…
Read MoreAlana Durkin Richer of the Associated Press compiled a good article that appeared in the Detroit News that you can read here. The article is on the growing problem of what to do with indigent bodies when states or municipalities responsible for them are either running out of money or the expected reimbursement to funeral…
Read MoreDeath care stocks, StoneMor Partners and Carriage Services, both components of the Funeral Director Daily Death Care Index (DCI), had postive movements last Friday which lifted their companies stock price and market capitalization. Carriage Services reported Year End earnings for 2017 last week and we at Funeral Director Daily commented that the company “keeps chugging…
Read MoreEvery year the National Funeral Directors Association (NFDA) publishes their Cremation and Burial Report. This year’s much anticipated copy was released on July 6, 2017. It is an interesting document filled with statistics, research, and dialogue that should be a must read for every person in the Death Care industry. You can read it here.…
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