The Willows Theatre Company, which has been producing in the Bay Area for more than 30 years, has announced that it is facing a financial crisis that may force it to shut down its main-stage facility in Concord and a cabaret in Martinez unless the theater can raise $350,000 by November 1.

"For more than a year we've been struggling to achieve a balanced budget but the reality is that the recession has had a major impact on our operations," said Charles Lewis, board president, and Richard Elliott, artistic director, in a joint statement. "We've cut staff, sharply reduced expenses and stretched every scarce dollar, but clearly it is not enough. Any further cuts could put us out of business for good. Clearly, we need help."

The Willows began producing shows at its 210--seat theater in the Willows Shopping Center in Concord 33 years ago. Three years ago the company opened the 192-seat Willows Cabaret at the Campbell Theatre in downtown Martinez.

For further information, visit www.willowstheatre.com.