Business & Tech

Griffin Land Expands Credit Line to $12.5M

Griffin Land and Nurseries, Inc., the parent company of Granby based Imperial Nurseries has extended a new 2-year credit line with Doral Bank.

Griffin Land and Nurseries, Inc., a New York company that operates Granby based Imperial Nurseries has increased its revolving credit line to $12.5 million, according to a recent article in the Hartford Business Journal. The new two year commitment with Doral Bank replaces the company's former $10 million credit line.

Imperial Nurseries commands approximately 350 acres of land in Granby and cultivates about 3 million plants each year.  The company ships roughly 1.3 million plants to Canada and states east of the Mississippi.   

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