Margo Caribe, Inc. engages in the production and distribution of tropical plants for sale to interior and exterior landscapers, wholesalers and retailers. The company is also engaged in the manufacturing and distribution of its own line of planting media (Rain Forest), sales and distribution of lawn and garden products, acting as sales agent for consumer related products and provides landscaping design installation and maintenance services.
The company is also engaged in seeking real estate sit...
Margo Caribe, Inc. engages in the production and distribution of tropical plants for sale to interior and exterior landscapers, wholesalers and retailers. The company is also engaged in the manufacturing and distribution of its own line of planting media (Rain Forest), sales and distribution of lawn and garden products, acting as sales agent for consumer related products and provides landscaping design installation and maintenance services.
The company is also engaged in seeking real estate sites for the development of residential housing projects. The company, in the year 2005, through its wholly-owned subsidiary, Margo State Line, Inc. (State Line), acquired the operations of State Line Bark & Mulch, Inc. Through this subsidiary, the company is engaged in the manufacture and sale of bark and premium cypress and pine mulch, as well as several composted and soil mixes.
The company’s nursery facility is located in Vega Alta, Puerto Rico. From this facility, the company sells principally to customers in Puerto Rico and the Caribbean. State Line operations are conducted on a 100-acre parcel of land located in Folkston, Georgia.
Segments
The company has five segments identified by line of business: the production and marketing of tropical and flowering plants (plants); the sale of related lawn and garden products in Puerto Rico and the Caribbean (lawn and garden); the provision of landscaping services (landscaping); the production and sale of premium cypress mulch and related products in the United States (State Line); and construction and development of residential projects (real estate).
Business Operations
The company’s operations include Margo Caribe, Inc.; Margo Nursery Farms, Inc. (Nursery Farms); Margo Landscaping & Design, Inc. (Landscaping); Margo Garden Products, Inc. (Garden Products); Rain Forest Products Group, Inc. (Rain Forest); Margo State Line, Inc. (State Line); Garrochales Construction and Development Corporation (Garrochales Construction); Margo Development Corporation (Margo Development); and a one-third equity interest in Salinas Holdings, Inc. (Salinas).
Nursery Farms: Nursery Farms, which operates under the trade name of Margo Farms del Caribe, is engaged in the production and distribution of tropical and flowering plants. Its products are primarily used for the interior and exterior landscaping of office buildings, shopping malls, hotels and other commercial sites, as well as private residences. In its nursery facility located in Vega Alta, Puerto Rico, Nursery Farms produces various types of palms, flowering and ornamental plants, trees, shrubs, bedding plants and ground covers. Its customers include wholesalers, big box retailers, garden stores, chain stores, municipalities, and landscapers primarily located in Puerto Rico and the Northeast Caribbean.
Landscaping: Margo Landscaping & Design, Inc. provides landscaping, maintenance and design services to customers in Puerto Rico.
Garden Products: Garden Products is engaged in the sale of lawn and garden products, including plastic and terracotta pottery, planting media (soil, and peat moss) and mulch. Among the various lawn and garden product lines it distributes, Garden Products is the exclusive distributor (for Puerto Rico and the Caribbean) of Sunniland Corporation’s fertilizer and pesticide products, Greenes Fence Company, Oldcastle-Greenleaf Products, Inc., Fiskars Consumer Product Division, L.R. Nelson Consumer Products, Telcom decorative pottery, Terro Products, Crysalia plastic pottery, Lambert Peat Moss Products, North American Outdoor Products, Term-A-Rid and DEROMA Italian terracotta pottery.
Rain Forest: Rain Forest is engaged in the manufacturing of potting soils, professional growing mixes, river rock, gravel and related aggregates. Rain Forest’s products are marketed by Garden Products.
Margo State Line, Inc.: The company, as of February 16, 2005, through its wholly-owned subsidiary State Line, acquired all the assets (other than real estate) of State-Line Bark & Mulch. State Line is engaged in the manufacturing and sale of bark and premium cypress and pine mulch, as well as several composted and potting soils. State Line operates out of a facility in Folkston, Georgia and its products are primarily marketed in the United States, Puerto Rico and the Caribbean, through Garden Products.
Garrochales Construction and Development Corporation: Margo Development and Garrochales Construction were created for the development of residential projects in Puerto Rico. Garrochales Construction is in the process of obtaining all the required permits for the development of a new residential project in the Municipality of Arecibo, Puerto Rico.
Salinas: Salinas, of which the company owns a one third equity interest, is a joint venture to grow sod, palms and trees on a farm of approximately 262 ‘cuerdas’ (a ‘cuerda’ equals approximately 0.97 of an acre) located in the Municipality of Salinas, Puerto Rico.
Markets
The company markets primarily in Puerto Rico, the Caribbean, as well as the Midwest, Northeast and Southeast United States.
Customers
The principal customers of the company are wholesalers, mass merchandisers, chain stores, retailers, garden centers, hotels, landscapers, mulch brokers, government projects and commercial businesses located in Puerto Rico and the Caribbean. The company’s landscaping division targets construction and government projects that require extensive landscaping.
Joint Venture
Joint Venture in Salinas: The company, as of October 14, 2002, through its wholly-owned subsidiary, Nursery Farms, entered into a joint venture to grow sod, palms and trees on a farm of approximately 262 ‘cuerdas’ located in the Municipality of Salinas, Puerto Rico, operated by Salinas. Salinas is an entity in which Nursery Farms owns a one-third equity interest.
History
Margo Caribe, Inc. was founded in 1993.
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