Thursday, August 21, 2008

Hines Horticulture Files For Bankruptcy

Hines Horticulture has filed a press release stating that the operation has filed Chapter 11 bankruptcy protection. There's been some comments going on over at my previous post on Hines, including a letter to employees posted by an anonymous source.

Another commenter says:
"Hines won't be the last. There are many growers in our industry on the brink. I am aware of many smaller players going under and leaving suppliers in the red."
Check out www.greenhousegrower.com for further details through the day.

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