HInes Bankruptcy

James Waddick jwaddick@kc.rr.com
Sat, 13 Sep 2008 13:05:26 PDT
Dear All,
	This may be off topic to a certain degree, but I just learned 
that Hines Hort., the 2nd largest commercial nursery in the US filed 
for bankruptcy protection under Chapter 11 a few weeks ago. There is 
an interesting commercial nursery blog discussion at 
http://thegoldengecko.com/blog/?p=230 tracing Hines' problem to the 
practices of big box stores.

	The big box stores get plants from growers at no cost. They 
pay only for those that sell. If they die under the box store care or 
just get discarded at the end of the season, the box store has no 
investment and the grower takes all the risks.

	Some of this may of interest to some of you. I found it 
intriguing especially in context of the US economy.

		Best	Jim W.
Dr. James W. Waddick
8871 NW Brostrom Rd.
Kansas City Missouri 64152-2711
Ph.    816-746-1949
Zone 5 Record low -23F
	Summer 100F +

More information about the pbs mailing list