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Matthews International Corp
Matthews International Corp

-4.05%

Services & consulting / Brand solutions, memorialization, and industrial automation

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Overview
Matthews International Corp is a global provider of brand solutions, memorialization products, and industrial automation solutions. The company has been in operation since 1850 and is headquartered in Pittsburgh, Pennsylvania. Matthews International Corp is organized into three business segments: SGK Brand Solutions, Memorialization, and Industrial Technologies.
SGK Brand Solutions offers brand design and development, packaging design, media management, and promotional services to help companies enhance and protect their brand identities. Memorialization provides products and services for the cemetery and funeral home industries, including memorial markers, cremation equipment, and cemetery construction and maintenance. The Industrial Technologies segment offers marking and coding equipment and supplies, industrial automation equipment, and industrial automation software.
Matthews International Corp operates in over 25 countries and serves a wide range of industries including retail, consumer goods, healthcare, hospitality, and more. The company's mission is to provide innovative and sustainable solutions to its customers while maintaining a commitment to ethical and responsible business practices.
What is special about the company?
1. Long History: Matthews International Corp was founded in 1850, making it one of the oldest companies in the United States.
2. Diversified Business: The company operates in three main business segments: Memorialization, Industrial Technologies, and Brand Solutions, serving a wide range of industries including funeral homes, automotive, and consumer products.
3. Global Presence: With operations in more than 25 countries, Matthews International Corp has a strong global presence, serving customers in North America, Europe, Asia, Australia, and South America.
4. Innovative Products and Services: The company has a reputation for developing innovative products and services that meet the evolving needs of its customers. For example, in the memorialization segment, the company offers personalized and technologically advanced solutions like digital memorialization and custom-designed monuments.
5. Strong Brand Recognition: Matthews International Corp's brand is well-known and respected in the industries it serves, giving it a competitive advantage in the market.
6. Strong Financial Performance: The company has consistently delivered strong financial results, with a track record of profitable growth and strong cash flow generation.
7. Commitment to Sustainability: Matthews International Corp is committed to corporate social responsibility and sustainability, focusing on reducing its environmental impact and supporting its communities.
8. Employee Development: The company values its employees and is dedicated to their development. It offers various training and development programs to help employees enhance their skills and advance in their careers.
9. Customer Focus: Matthews International Corp puts its customers at the center of everything it does, striving to provide exceptional service and build long-term relationships.
10. Strong Leadership: The company is led by a team of experienced and talented leaders who have a deep understanding of the industries they serve and have a proven track record of driving growth and delivering value to stakeholders.
What the company's business model?
Matthews International Corp is a global provider of brand solutions and memorialization products. Its business model is focused on providing customized solutions and products to help businesses build their brand identities and create lasting tributes for individuals and families.
The company's business model revolves around three main segments: Marking and Fulfillment Solutions, Memorialization, and Industrial Technologies.
1. Marking and Fulfillment Solutions: This segment offers a broad range of products and services for creating and maintaining brand identities. It includes design and manufacturing of custom branding and identification products such as signs, labels, and nameplates. Additionally, Matthews International Corp provides fulfillment services for customer orders and distribution of products.
2. Memorialization: This segment offers products and services for the cemetery and funeral industry, including caskets, urns, and personalization products such as memorial plaques and engravings. Matthews International Corp also provides design and manufacturing services for public and private mausoleums.
3. Industrial Technologies: This segment offers products and services for the industrial and critical infrastructure markets. It provides industrial marking solutions, automation equipment, and industrial identification and traceability products.
Matthews International Corp's business model is centered on innovation and customization to meet the specific needs of its customers. The company also focuses on building long-term relationships with its clients, providing quality products and services, and expanding its global presence through strategic acquisitions and partnerships.
Interesting facts about the company
1. Matthews International Corp is a global company with operations in over 25 countries.
2. The company was founded in 1850 by John Matthews, a Scottish immigrant who initially operated a small engraving business.
3. Matthews International Corp started off as a tombstone manufacturer and has since expanded into other industries such as branding, packaging, and memorialization products and services.
4. The company’s main business segments include SGK Brand Solutions, Memorialization, Industrial Technologies, and Merchandising Solutions.
5. Matthews International Corp is a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol MATW.
6. The company’s headquarters are located in Pittsburgh, Pennsylvania.
7. Matthews International Corp has a long history of innovation, filing over 1,000 patents worldwide for its products and processes.
8. In 2010, Matthews International Corp acquired Schawk Inc., a leading global brand development, activation, and deployment company, expanding its presence in the branding industry.
9. The company’s memorialization segment offers a wide range of products, including caskets, urns, memorial cards, and digital engraving services.
10. Matthews International Corp is committed to sustainability and has implemented various environmentally friendly initiatives, such as using eco-friendly materials in their products and reducing waste in their production processes.
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