Award-winning parade float company will close after being dropped by Tournament of Roses
![Award-winning parade float company will close after being dropped by Tournament of Roses](https://ca-times.brightspotcdn.com/dims4/default/8984f97/2147483647/strip/false/crop/6720x4480+0+0/resize/1500x1000!/quality/75/?url=https%3A%2F%2Fcalifornia-times-brightspot.s3.amazonaws.com%2Fe3%2F0f%2Fe827d66d4706823cdadcef58836f%2F1235610-la-me-rose-parade-floats-011-fo.jpg)
Fiesta Parade Floats, which has built award-winning floats for nearly 40 years, will shut down amid financial hardships and its inability to meet Tournament of Roses standards.