CFPC - Summit Agriculture Company

California Florida Plants Company L.P. (CFPC) is a joint venture of Summit Agriculture Company - a subsidiary of SCOA and Sumitomo Corporation - and Shibata Brothers, one of the largest flower producers and wholesalers in the country. Based in Salinas, California, CFPC breeds, develops and supplies over 100 types of carnation cuttings to flower growers in the U.S. and Japan. Through prudent investment and use of the latest technology, CFPC has established a strong presence in both the U.S. and Japanese flower markets, which have a combined value of approximately $18 billion. In the U.S. the consumption of carnation cuttings has grown steadily to a rate of nearly 23 million a year. CFPC's market share is almost 50 percent of that total. The company is also enthusiastic in its role as an exporter of U.S. products to Japan and has achieved growing success in this area. Employing advanced laboratory cell-culture techniques, the company provides the highest quality cutting and constantly seeks new varieties of patentable carnations to meet the needs of commercial carnation growers.

<< Back to Business Highlights