Griffin Land & Nurseries, Inc. - GRIF- Profile

Griffin Land & Nurseries, Inc.. The Group's principal activities are to provide landscape nursery operations and the real estate business. The Group operates in two business segments: Landscape Nursery segment and Real Estate segment. The Landscape Nursery segment includes growing containerized landscape products for sale principally to retail garden center operators, landscape nursery mass merchandisers and wholesale sales and service centers whose main customers are landscape contractors. The Real Estate business is comprised of the ownership, construction and management of commercial and industrial properties and the development of residential subdivisions on real estate owned by Griffin in Connecticut and Massachusetts. Landscape Nursery accounted for 59% of 2006 revenues and Real Estate, 41%