| Business Summary | | Griffin
Land
&
Nurseries,
Inc.
and
its
subsidiaries
comprise
a
landscape
nursery
and
real
estate
business.
The
landscape
nursery
products
business
is
comprised
of
growing
containerized
landscape
nursery
products
for
sale
principally
to
garden
center
operators
and
landscape
nursery
mass
merchandisers,
and
the
ownership
and
operation
of
wholesale
sales
and
service
centers
that
principally
serve
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.
Griffin
also
owns
an
approximately
35%
interest
in
Centaur
Communications,
Ltd.,
a
United
Kingdom
magazine
and
information
services
publisher,
and
has
a
lesser
interest
in
Linguaphone
Group,
plc,
a
designer
and
distributor
of
language
teaching
materials
based
in
the
United
Kingdom. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | GRIF
is
engaged
in
the
growing
of
container
landscape
nursery
products
for
sale;
owning
wholesale
sales
and
service
centers;
owning,
building
and
managing
commercial
and
industrial
properties
and
the
developing
of
residential
subdivisions.
For
the
26
weeks
ended
6/2/01,
revenues
fell
47%
to
$20.8
million.
Net
income
totalled
$5.1
million,
up
from
$1.5
million.
Results
reflect
the
sales
of
the
SSC's,
offset
by
the
inclusion
of
a
$9.5
gain
on
the
sale
of
Service
Centers. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| Edgar Cullman, 83 Chairman | -- | Frederick Danziger, 60 Pres,
CEO, Director | $510K | Anthony Galici, 43 CFO,
VP, Sec. | 234K | Gregory Schaan, 43 Pres
and CEO of Imperial Nurseries, Inc. | -- | Martha Collier, 44 Sr.
VP of Marketing and Leasing of the | -- | Dollar amounts are as of 2-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|