Difference between revisions of "Growers Packing and Warehousing Association"

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'''Growers Packing and Warehousing Association''' was the warehousing arm of the [[California Prune and Apricot Growers]], set up as a public warehouse corporation.  The Association allowed Sunsweet to prepare and box fruit, then warehouse it in the Growers Packing and Warehousing Association warehouses, and borrow money against the crop now stored in a bonded public warehouse.  (The process of temporarily storing raw materials and finished goods and using it as collateral in loans is commonly referred to as "field warehousing".
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'''Growers Packing and Warehousing Association''' was the packing and warehousing arm of the [[California Prune and Apricot Growers]].
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The initial announcement for Sunsweet's purchase of packing houses indicated that the new company would have the same board of directors, but would be responsible both for packing and warehousing<ref>Prune and Apricot Association Completing Packing House Deals: [http://books.google.com/books?id=omFRAAAAYAAJ&lpg=PA9&ots=KfuKeXfgyh&dq=%22growers%20packing%20and%20warehousing%20association&pg=PA9#v=onepage&q=%22growers%20packing%20and%20warehousing%20association&f=false 1918 California Fruit News] </ref><ref>California Prune and Apricot Growers, Inc., [http://books.google.com/books?id=vGhEAAAAYAAJ&lpg=RA1-PA37&ots=C1tUWsdr9Z&dq=%22growers%20packing%20and%20warehousing%20association&pg=RA1-PA32#v=onepage&q=%22growers%20packing%20and%20warehousing%20association&f=false 1916 First Annual Report of the State Market Director of California to the Governor of California for the Year Ending December 1, 1916], Sacramento, 1916.</ref>.
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The Association allowed Sunsweet to take fruit from the farmers, then hand it over to Growers Packing and Warehousing Association for packing and storage, thenborrow money against the crop now stored in a bonded public warehouse.  This process of temporarily storing raw materials and finished goods and using it as collateral in loans is commonly referred to as "field warehousing", though Sunsweet's use of the Association for packing as well is less common.
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The San Jose News called them the "manufacturing branch of the California Prune and Apricot Growers"<Ref>The Good Old Prune: [http://news.google.com/newspapers?id=b0oiAAAAIBAJ&sjid=-6MFAAAAIBAJ&pg=1430%2C3629287 June 24, 1927 San Jose Evening News].</ref>.
 
The San Jose News called them the "manufacturing branch of the California Prune and Apricot Growers"<Ref>The Good Old Prune: [http://news.google.com/newspapers?id=b0oiAAAAIBAJ&sjid=-6MFAAAAIBAJ&pg=1430%2C3629287 June 24, 1927 San Jose Evening News].</ref>.
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The initial announcement for Sunsweet's purchase of packing houses indicated that the new company would have the same board of directors, but would be responsible both for packing and warehousing<ref>Prune and Apricot Association Completing Packing House Deals: [http://books.google.com/books?id=omFRAAAAYAAJ&lpg=PA9&ots=KfuKeXfgyh&dq=%22growers%20packing%20and%20warehousing%20association&pg=PA9#v=onepage&q=%22growers%20packing%20and%20warehousing%20association&f=false 1918 California Fruit News] </ref><ref>California Prune and Apricot Growers, Inc., [http://books.google.com/books?id=vGhEAAAAYAAJ&lpg=RA1-PA37&ots=C1tUWsdr9Z&dq=%22growers%20packing%20and%20warehousing%20association&pg=RA1-PA32#v=onepage&q=%22growers%20packing%20and%20warehousing%20association&f=false 1916  First Annual Report of the State Market Director of California to the Governor of California for the Year Ending December 1, 1916], Sacramento, 1916.</ref>.
 
  
 
==References==
 
==References==
 
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<references/>

Revision as of 08:37, 4 February 2014

Summary
Business

Warehousing

Growers Packing and Warehousing Association was the packing and warehousing arm of the California Prune and Apricot Growers. The initial announcement for Sunsweet's purchase of packing houses indicated that the new company would have the same board of directors, but would be responsible both for packing and warehousing[1][2]. The Association allowed Sunsweet to take fruit from the farmers, then hand it over to Growers Packing and Warehousing Association for packing and storage, thenborrow money against the crop now stored in a bonded public warehouse. This process of temporarily storing raw materials and finished goods and using it as collateral in loans is commonly referred to as "field warehousing", though Sunsweet's use of the Association for packing as well is less common.

The San Jose News called them the "manufacturing branch of the California Prune and Apricot Growers"[3].

References

  1. Prune and Apricot Association Completing Packing House Deals: 1918 California Fruit News
  2. California Prune and Apricot Growers, Inc., 1916 First Annual Report of the State Market Director of California to the Governor of California for the Year Ending December 1, 1916, Sacramento, 1916.
  3. The Good Old Prune: June 24, 1927 San Jose Evening News.