Commemorating its 20th anniversary of being listed as a publicly traded company, Matthews International Corporation's (NASDAQ GSM: MATW) President and Chief Executive Officer, Joseph C. Bartolacci, together with members of the Company's Board of Directors, will ring The NASDAQ Stock Market Opening Bell today, July 17, 2014, at the NASDAQ MarketSite in New York City. The Company's initial public offering was on July 20, 1994.
John Dixon Matthews founded Matthews in 1850 when he emigrated from his native Sheffield, England to Pittsburgh, Pennsylvania where he opened a small engraving shop. A skilled engraver, Matthews set a simple goal for his small company – to become the pre-eminent provider of the highest-quality identification products and services. His first products included military stamping dies, branding irons, ornate engravings and stamps for wooden crates.
"Deeply rooted throughout our Company's history has been our ability to evolve, grow and transform as an organization," said Mr. Bartolacci. "From the time we went public, NASDAQ has been a trusted partner and we are proud to say our consolidated sales have grown from $159 million in 1994 to $985 million in 2013." Mr. Bartolacci added, "We are also proud to say that since the founding of our Company, our values and our commitment to delivering high-quality products for our clients and customers have never changed."
Brand Solutions
The Matthews Graphics Imaging segment is one of the top five global packaging specialists and provides brand management, packaging and creative design services, artwork and pre-press services, printing tools for all printing technologies as well as varnishing and embossing tools. The Marking and Fulfillment Systems segment designs, manufactures and distributes a wide range of marking and coding products and related consumables, as well as industrial automation products and order fulfillment systems. The Merchandising Solutions segment is an industry leader in providing value-added merchandising and printing solutions for brand owners and retailers.
Memorialization
The Company's Cemetery Products segment manufactures and markets products in North America, Europe and Australia used primarily in the cemetery and architectural industries. The Funeral Home Products segment is a leading manufacturer and distributor of caskets and other funeral home products in North America, producing a wide variety of wood, metal and cremation caskets. The Cremation segment is a worldwide leader in the design and manufacture of technologically advanced crematoria equipment, as well as cremation related products and services.
www.matw.com
