Metrolina Greenhouses finalizes the purchase of Stacy's Greenhouses

Metrolina Greenhouses has finalized the purchase of the assets of Stacy's Greenhouses Aug. 30. The company announced this in a statement on their Facebook page. Abe Van Wingerden called this a "a great step forward for the Metrolina team and the Stacy's team."

Metrolina's goal is to have a role for each qualified employee in the new organization, Van Wingerden said.

"Our goal is to keep the same, combined staff size as we have today and fill in gaps as needed. We will continue the core business operations and staffing at all the growing locations in North and South Carolina," he said. "We will invest capital in the business to get it growing again. We will innovate both the processes at Stacy's and the product offerings from Stacy's. We will learn from Stacy's and apply it to the current business we have. We will respect each individual and their contribution in the process. These are fundamental principles we will honor during this transition period."

In October, the company plans to share its longer-term plans for the business. But first Metrolina plans to "get the employees taken care of," as well as to execute the fall business and get spring business produced.

"We are happy this part of the process is now complete, but is not the end of the Stacy's story, it is merely an exciting, new chapter," he said. "As part of Metrolina's continuing expansion, the asset acquisition of Stacy's improves our business growth as we continue with our 2025 long-term plans. Stacy's perennial business is a natural addition to our current product lineup as we continue to provide new and innovative solutions and concepts for our retail partners to drive business growth."

Publication date: Fri 6 Sep 2013