Mills hit by low real estate and vegetable markets
Mills hit by low real estate and vegetable markets
SALINAS, CA -- Rumors about the financial health of Mills Family Farms have been circulating for months, and the firm is currently working on restructuring its businesses, according to a well-known public relations figure recently retained by the company. "There are a number of discussions that are taking place daily" in an effort to resolve Mills' problems, said David Armanasco, a recognized public relations figure in Monterey County. In addition to its farming operations, Mills has substantial real estate holdings in the Monterey area. Mr. Armanasco said that several years of low markets in