March 2023

Page B6 march 2023 FUNERAL HOME & CEMETERY NEWS Se c t i on B FIND A SUPPLIER OR BECOME A MEMBER AT WWW.IMSA-ONLINE.ORG JOIN THE MOST TRUSTED Marketing initiatives that promote IMSA members RESOURCE OF FUNERAL AND CEMETERY SUPPLIER COMPANIES Funeral & Cemetery Association Savings A Press Release Service Exclusively for You A Code of Ethics to differentiate IMSA Suppliers MEMBER BENEFITS By Mike Jamar Your Source for High Quality Funeral Vehicles Mike Jamar is founder and co-owner of Advanced Integration Technology. Mike has been working with computers since the early 80s and started Advanced Integration in 1994. Advanced Integration specializes in Internet inventories designed for specialty vehicles and equipment. HearseHub was created through a collaboration between Advanced Integration and Nomis Publications, and is now in its fifth year of service. HearseHub brings together funeral vehicles from a number of dealerships that specialize in high quality funeral vehicles. HearseHub offers funeral directors a large, and easy to shop inventory, of funeral vehicles. You can reach him at F U N E R A L H O M E & C E M E T E R Y N E W S w w w . N o m i s P u b l i c a t i o n s . c o m Monthly Columnsonline at But what heightened my interest was that it was also about a Mustang. Of course, the Mustang Mach-E is more of a small SUV branded with the Mustang name, but it does have the Mustang emblem. Nevertheless, who ever thought there would Mustang Mach-E Hearse be a hearse based on a Ford Mustang!? I don’t know when, or if, there will ever be a hearse built on the Mustang Mach-E frame in the US, but it certainly an interesting thought! I am a car guy. I subscribe to several car related magazines and websites. One is dedicated to news about Ford called Ford Authority. Recently they had an article with the title “Ford Mustang Mach-E Limo, Hearse Lineup Revealed for UK”. For those that aren’t familiar with the Mustang Mach-E it is a full electric two-row SUV. The story is about an English company, Coleman Milne, that is converting these Mach-E vehicles into both limousines and hearses. Coleman Milne specializes in funeral vehicles and already offers both Mercedes and Tesla full electric hearses. The Mustang Mach-E is their latest addition. The article caught my attention because it mentioned hearses. Hardly ever do I run across an article that has anything to do with hearses. 2021 Ford Mustang Mach-E (Netherlands) Photo by Dennis Elzinga, licensed under Creative Commons. PITTSBURGH,PA— Matthews International Corporation (NASDAQ GSM: MATW) announced financial results for its first quarter of fiscal 2023. In discussing the results for the Company’s fiscal 2023 first quarter, Joseph C. Bartolacci, President and Chief Executive Officer, stated: “Memorialization sales were relatively steady for the current quarter as the segment reported only a modest decline despite lower death rates compared to a year ago. Consistent with last quarter, U.S. death rates have substantially normalized from higher pandemic levels, impacting unit volumes for caskets and bronze memorials. However, these impacts were largely mitigated by improved pricing and higher granite memorial products and U.S. cremation equipment sales. Mr. Bartolacci further stated: “We expect Memorialization operating results to remain relatively steady compared to last year, primarily reflecting the level of our cremation-related products sales and expected recovery in the segment’s margins.” Nomination of New Director Announced Aleta Richards has been nominated for election to serve as a new director on the Company’s Board of Directors. Dr. Richards currently serves as Executive Vice President of Specialty Films for Covestro Deutschland AG located in Dormagen, Germany. In this role, she leads the global specialty films Aleta Richards Matthews International Reports Results for Fiscal First Quarter business, directing all business functions and has responsibility for the full income statement of the business unit. The Board of Directors believes Dr. Richards is well-qualified to serve as a director on the Company’s Board. The nomination was scheduled for a vote to take place at the annual shareholders meeting. Matthews Declares Quarterly Dividend Matthews also announced that its Board of Directors declared, at its regularly scheduled meeting, a dividend of $0.23 per share on the Company’s common stock. The dividend is payable February 20, 2023 to stockholders of record February 6, 2023. Matthews International Corporation is a global provider of memorialization products, industrial technologies, and brand solutions. The Memorialization segment is a leading provider of memorialization products, including memorials, caskets, cremation-related products, and cremation and incineration equipment, primarily to cemetery and funeral home customers that help families move from grief to remembrance. The Company has approximately 12,000 employees in more than 30 countries on six continents that are committed to delivering the highest quality products and services. For full results and more information, visit ClearPoint Federal Bank & Trust Celebrates 25th Anniversary BATESVILLE,IN— ClearPoint Federal Bank & Trust, a federally chartered savings bank that has been providing trust and recordkeeping services to the funeral and cemetery industry since 1998, celebrates 25 years of success in serving funeral and cemetery professionals nationwide. To mark this milestone, ClearPoint pledges to make donations to several key organizations who provide education and training to funeral and cemetery professionals. Company president, Ashlee Theising remarked: “At ClearPoint, we are passionate about ensuring the future success of the deathcare industry. A commitment to education is one of the keys to success which is why we have decided to focus our attention in 2023 on education for both our team members and industry professionals. To mark this milestone in our company’s history we are making a pledge to provide financial support to the Funeral Service Foundation and the ICCFA Educational Foundation by donating a total of $25,000.” ClearPoint was established in 1998 as Forethought Federal Savings Bank operating in six states with only a handful of customers. ClearPoint serves more than 2,400 funeral homes and cemetery locations in 44 states, the District of Columbia and Puerto Rico. Since its inception, ClearPoint has expanded its team and product offerings, but its foundational purpose has not changed, and it remains dedicated solely to the funeral and cemetery industry. The experienced, diverse team offers both financial expertise, and an unwavering passion for serving funeral and cemetery professionals. ClearPoint is proud to provide clients with a team of talented and proactive professionals who are always ready to serve. clearpoint-25th-anniversary/.