The Bay Area’s hot economy claimed another casualty this month when Bay City Flower Co. in Half Moon Bay said it will shut down Nov. 10, laying off 195 workers.
“It has become increasingly difficult to run a flower farm and compete nationally while operating in the costliest place in the nation,” Bay City Flower’s CEO Harrison Higaki said in a statement. “After four generations and 110 glorious years in floriculture, we at Bay City Flowers Co. have decided that the time has come for us to wind down the selling of our flowers.”
The company said it’s looking at “alternative uses” for its facilities.
To read the rest of the story, please go to: San Francisco Business Times