Princeton Nurseries will close operations by 2010
Princeton Nurseries, a 2,800-acre nursery in Allentown, N.J., founded in 1868, announced it's phasing out operations. The business is scheduled to close by spring 2010. President Ivan Olinsky posted on the company's Web site: "At the June 2007 meeting of the board of directors, ownership of Princeton Nurseries voted to conduct an organized and carefully structured phase-out of all nursery operations over the next 3 years. A well-recognized and respected horticultural institution, Princeton Nurseries will conduct the phase-out with the utmost dignity and respect for the nursery industry and its loyal professional staff." William Flemer III, grandson of the founder, died April 22 at age 85. The nursery has introduced more than 45 ornamental plants to the market including October Glory red maple, Green Vase zelkova, Green Mountain sugar maple, Shademaster honeylocust, Greenspire linden and Princeton Sentry ginkgo.
Officials find EAB in Pennsylvania
Emerald ash borer (EAB) was found for the first time in Pennsylvania in late June. A quarantine was imposed for Butler, Lawrence, Allegheny and Beaver counties. Beetles were found on an ash tree in Cranberry Township in Butler County. The destructive pest has previously been found in Michigan, Ohio, Indiana, Maryland and Illinois. In late June, Ohio also added Mahoning County to its EAB quarantine. Regulations restrict the movement of ash materials, including nursery stock and firewood, from quarantined areas.
Elm flea weevil infests Ohio
A European flea weevil (Orchestes alni) was found for the first time in Ohio. It has previously been found in the Midwest in Illinois and Wisconsin, but was recently found on Siberian elms in Northwest Ohio. The pest, common throughout Europe, was first found in the U.S. in the Northeast in 1982. Adults are black or brown with distinctive, enlarged femurs on their hind legs. Adults appear in spring and feed on the undersides of emerging leaves, said Ohio State Univ. Extension entomologist Chris Young, who first identified the pest in the state.
Lenders grant Hines extension for filing financial statements
Hines Horticulture was granted a waiver for its loan agreement with various lending companies. The waiver gives Hines an extension for filing financial statements for the fiscal quarter ending March 31, 2007. In May, Hines Hort. informed an audit committee that various statements filed for periods in 2004-2006 contained errors. A Nasdaq Listing Qualifications Panel held a June hearing and will decide if Hines is to be delisted for failure to file various financial statements in a timely manner.
Worth a visit
The nursery business deserves its own action/adventure serial, "The Great Nursery Adventure: A Year in the Life of Greene Family Nursery." This month, the family faces an insect invasion. Only on GreenBeam.com.
|
Hortica is the horticultural industry advocate that is a trusted partner for your business insurance, employee benefits and personal insurance. Contact Hortica to discuss your needs.
|
