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This is Fred Ball for Zions Bank, speaking on business.
Lorraine Miller has long been a fixture of horticulture in the Salt Lake Valley. Her company Cactus and Tropicals has grown from a small corner shop into a community treasure. But after 28 years, Lorraine has decided it's time for a change. She has sold the company to Karin and Scott Pynes.
When I asked her why she was selling, she told me that she had achieved the American dream. She has worked hard and her business has grown into something with a life of its own. But Lorraine also feels that she has reached a pivotal point; she feels that she has reached her limit of expertise.
Lorraine's idea for Cactus and Tropicals came from an entrepreneurial spirit and a love of plants. She always assures clients that she could cure a black thumb and find plants that they could grow and manage beautifully. Her extensive collection ranged from delicate moth orchids to Utah climate-friendly cacti.
A few months, the Pynes heard through mutual friends that Lorraine was interested in selling her business. As long-time loyal customers of Cactus and Tropicals, they inquired about buying it. Although this is not the first solo venture for Scott and Karin, this will be a great combination of Scott's business talent and the couple's love of plants.
Scott assured me that he wanted to make the transition and the changes as transparent as possible. He emphasizes that he wants to stay loyal to the vision that Lorraine has worked on for so many years. Lorraine adds that if things do change, it will be for the better. But she wants her loyal customers to know that what they love about Cactus and Tropicals will still be there for them. When I asked Lorraine what she planned on now, she said nothing was certain except for some vacation
time. But she said whatever she decides to do, it will be service-oriented.
We will miss you, Lorraine. Thank you for all your hard work and dedication. But we also welcome the opportunity to do business with Scott and Karin Pynes.
For Zions Bank, I'm Fred Ball. I'm speaking on business.