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The company subsequently entered the burial casket business, selling off the auto equipment division in 1958.
Starting in 1961, the company has designed and cast some of the most notable bronze memorials in the United States.
Another one of Matthews Bronze creations includes the very famous identification plaque cast for the 1984 Summer Olympics in Los Angeles, California.
Matthews had been repurchasing its own stock, buying back three million or 15 percent of its shares since its 1994 IPO and authorized to repurchase as much as one million more.
Despite 13 consecutive quarters of double-digit earnings growth, Matthews stock traded in the low $20s during the spring of 2000, down from the upper $20s a year earlier.
Fiscal 2002 revenue was expected to reach $400 million, according to the National Post, 50 percent from the bronze segment, 25 percent from caskets, and 25 percent from the graphics and marking products businesses.
In September 2004, the company purchased a leading European player in packaging graphics origination and brand management.
Derdak, Thomas; Peippo, Kathleen "Matthews International Corporation ." International Directory of Company Histories. . Retrieved May 24, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/matthews-international-corporation
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|---|---|---|---|---|
| Javelin | 2003 | $15.0M | 235 | - |
| DCI-Artform | 1944 | $59.0M | 260 | - |
| Top Floor | 1999 | $3.8M | 66 | - |
| ActiveMedia | 1996 | $1.6M | 30 | - |
| I Love Velvet | 2009 | $1.6M | 175 | - |
| Captain Marketing | 2008 | $10.0M | 100 | - |
| Bankrate | 1976 | $434.2M | 384 | 8 |
| Periscope | 1999 | $720,000 | 7 | 116 |
| General Code | 1962 | $13.0M | 95 | - |
| TZA | 1983 | $16.0M | 175 | - |
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