Challenges

With the tremendous growth and success of Taylor Brothers Farms, the company had grown from its roots as a farming operation (going back to 1916) to an international vertically integrated organization comprised of agricultural production, processing, marketing, and distribution activities, handling both its own commodities and those acquired from other quality California growers. Managing and monitoring the global organization while running day-to-day U.S. operations became increasingly challenging and complex, and the company needed help in assessing and overseeing its growing U.S., European, and Asian operations.

Solutions

Morrison’s role with Taylor Brothers has taken many forms since 2008, including time spent at their facilities in Poland and Korea to help assess those operations. Today Morrison provides financial and business segment analysis on an ongoing basis, including assessing financial reporting from all entities on a monthly basis; interface with lenders and key third parties, internal stakeholders, and business partners; ad-hoc analyses, and; presenting findings, options, and recommendations to ownership. In the past, Morrison assumed the controller role during a vacancy, recruited and onboarded a replacement controller, and has written USDA grants for the company.

Successes

The current in-house accounting and finance function has never been stronger, and TBF is now better able to make adjustments to their global business to take advantage of the greatest opportunities. Morrison looks forward to continuing the relationship with this dynamic company.

About the client

Taylor Brothers Farms (TBF) is the world’s largest producer, processor, and marketer of organic prunes and prune products, and a leading processor and distributor of high quality conventional prune products. With processing facilities and sales offices in the U.S., Poland, and South Korea, TBF has introduced consumers in the United States, Europe, Asia, and around the world to California-grown organic and conventional prunes. Based in northern California, Taylor Brothers Farms is run by brothers Richard and John Taylor, who have expanded their century old family farming tradition into a global business.

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Questions?

We’ve worked with a wide variety of clients on a broad range of projects and are happy to discuss solutions that can best fit your needs.

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