To register for the conference or one-on-one meeting, visit Alico, Inc. currently operates two divisions: Alico Citrus, currently one of the nation’s largest citrus producers, and Land Management and ...
Alico plans to wind down its Alico Citrus division and cut up to 172 jobs starting January 2025. Alico plans to remove acreage from its contract with Tropicana. Alico, Inc. ALCO shares traded higher ...
The state’s orange yield has declined by 90% in the last three decades. In the last 10 years, grove land has halved.
Alico is transitioning from citrus operations to land development. Management believes it can unlock $650 - 750 million in enterprise value by developing its valuable land near Fort Myers and Tampa.
One of Florida's largest citrus producers is calling it quits. Fort Myers-based Alico will wind down its citrus operations, which have yet to recover from Hurricane Ian in 2022. After another ...
Alico said it is winding down its citrus operations and cutting the bulk of its workforce, citing increasing financial challenges from several seasons of citrus greening disease and environmental ...
Company announces it will wind down its Alico Citrus division to focus on its long-term diversified land usage and real estate development strategy Conference call and webcast to discuss ...
Citrus greening and hurricanes have forced shortages, which is among the reasons why Fort Myers-based Alico Citrus is winding down its citrus production. “Unfortunately, this is a transition ...
It said about 3,460 acres of its citrus land will be managed by other operators through 2026.“For over a century, Alico has been proud to be one of Florida’s leading citrus producers and a ...
Alico plans to wind down Alico Citrus’ primary operations, which will include reducing most of its citrus production workforce effective immediately. Alico’s Board approved reducing up to 172 ...