WSJ article on HI and Funeral Cost Decline-Your Funeral Guy

6 Aug

The Wall Street Journal has done another article pointing to the rise of cremation  and traditional

Hillenbrand, Inc- parent company, Batesville Casket moving away from funeral industry

funeral industry decline.

Hillenbrand Inc third quarter profits slumped. Hillenbrand(HI)  is the parent Company of the Nations leading Casket Maker, Batesville Casket Company, Inc.

In today’s Economy folks are demanding to pay less in funeral cost. Hillenbrand recently made a non Funeral acquistion K-tron for almost half a billion dollars.

Hillenbrand Inc.’s (HI) fiscal third-quarter profit slumped 48% on surging acquisition costs while revenue jumped on the K-Tron acquisition, with results topping expectations.

The funeral-service products company suffered as economic uncertainties have prompted many families to choose cremation instead …

via online.wsj.com

Funeral industry|Funeral News|Funeral Blog By Your Funeral Guy

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