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E & L Service Corporation company history timeline

1931

Waltrip was born in 1931 and grew up in an apartment above his family's funeral parlor.

1970

The company began selling shares to the public in 1970, debuting on the American Stock Exchange.

1977

Such cemetery plot sales are not to be confused with SCI's program of "pre-need" sales of funeral services, which started in 1977.

1982

For example, the company branched out into flower shops in 1982 and began providing flowers in 15 homes and at 15 free-standing stores.

1988

A less problematic investment was SCI's 1988 founding of Provident Services, Inc., a company designed to provide capital financing to independent funeral homes and cemeteries.

1990

1990: Overseas expansion begins.

1999

SCI's stock had fallen so low that an investment of $1000 in company stock at the beginning of 1999 would have been worth only $187 by the end of the year.

2002

Pullins resigned in July, 2002, and chairman Robert Waltrip took over his duties.

In 2002, the company was still headed by its founder, Robert Waltrip.

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E & L Service Corporation may also be known as or be related to E & L Service and E & L Service Corporation.